LIC – Life Insurance Corporation of India

Life Insurance Corporation of India (LIC) is a Government of India enterprise, and is said to be the largest life insurance company and also the largest investor of the country. It was founded in the year 1956 and has been serving people ever since. The main objective of this corporation was to spread awareness about […]

LIC Policy status online

There are various ways to check your policy status online as well as offline. Option 1: By SMS If you want to check Individual policy details through SMS then Type: ASKLIC < POLICY NO > [PREMIUM/REVIVAL/BONUS/LOAN/NOM] and Send it To 56677 For Further details on SMS service refer : Policy Status on sms Also Read: Check Current […]

Income tax rates for FY 2013-2014

There is no change in tax slab for the financial year 2013-2014 The slabs are same as last financial year. Here is the details for your reference:  For Individual [table id=1 /] For Female Tax payers [table id=2 /]  Senior citizens 60 years or more but below the age of 80 years [table id=3 /]  Senior citizens 80 years […]

LIC Jeevan Sugam

LIC Jeevan Sugam (Table No. 813) is latest addition to single premium investment plan in LIC’s portfolio. This is non-ULIP guaranteed maturity plan.  Anyone between 8 years to 45 years of age can invest in this insurance cum investment plan. The plan term is 10 years, but you can surrender it anytime or even you can take loan […]

New Jeevan Nidhi

LIC’s New Jeevan Nidhi is a deferred pension plan. Plan no 812 is a conventional plan with deferred annuity. The plan is open for the age between 20 years to 60 years old individual. Features at glance: Insurance Cover upto Date of Vesting Option To purchase an Immediate Annuity OR Single Premium Deferred Pension Plan […]

LIC Flexi Plus

LIC Flexi Plus is a ULIP plan. Flexi Plus (Table No. 811) not only provides lump sum benefit on death of policy holder but also the maturity benefit irrespective of the survival of the Policyholder. This policy provides protection and long term savings both at the same time. Features at glance : Flexibility term 10-20 […]

Online Pension plan: New Jeevan Akshay VI

LIC has customized traditional Jeevan Akshay VI the only immediate pension plan to sell it online due to huge demand for online LIC policy. Jeevan Akshay VI is the single premium pension plan. Features: Its a single premium pension plan with minimum purchase price of Rs.1,00,000/- (except online.) If you want to buy it online the minimum purchase […]

Jeevan Deep : micro insurance

LIC has launched yet another micro insurance policy Jeevan Deep (T-810) for the economically weaker sections. Jeevan Deep Benefits: Death Benefit: during the policy term excluding last policy year: Basic Sum Assured along with accrued Guaranteed Additions wil be paid to nominee. during last policy year: Basic Sum Assured with accrued Guaranteed Additions along with Loyalty Addition, if […]

LIC Jeevan Vaibhav

LIC Jeevan Vaibhav (Plan No.809) is a non-linked one time premium endowment assurance policy. Jeevan Vaibhav is a guaranteed return plan. Being a non-linked plan share market risk is Nil. Policy Availability: LIC Jeevan Vaibhav is a close ended plan. It will be available for sale from 21st May, 2012 for a maximum period of […]

LIC Jeevan Vriddhi

LIC Jeevan Vriddhi (Plan No.808) is a single premium investment plan which offers guaranteed returns. Jeevan Vriddhi is a traditional plan so share market risk is not involved in this close ended plan. The plan is launched on 1st March 2012 and will be avialable for investment till 120 days only after which the plan […]