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LIC – Life Insurance Corporation of India

Last Updated on May 16, 2017 by Anushka

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 the life insurance among the financially backward people as well as the … [Read more...]

Filed Under: LIC of India Tagged With: LIC, lic india

Life Insurance is Must

Last Updated on May 15, 2011 by Tabrej

'If I die someday suddenly, what would my family do? How would they earn money? I don't have anything left to secure my family….!' this is the condition of most of the people who are unaware about the various types of life insurance plans available which can secure your future. Many of us often don't understand the importance of life when you no more have enough time left with you to secure your … [Read more...]

Filed Under: LIC of India Tagged With: insurance, life insurance

Jeevan Nischay

Last Updated on July 23, 2017 by Anushka

LIC Jeevan Nischay Summary: (Table No.199) Jeevan Nischay is a close ended  single premium policy with guaranteed maturity benefits exclusively for existing LIC policy holders. Advantages of Jeevan Nishchay: Single Premium policy. Guaranteed Maturity benefits with provision of loyalty additions. Plan is exclusively for LIC policyholders. Wide range of policy terms options. … [Read more...]

Filed Under: Discontinued Plan, LIC of India, Single Premium policy Tagged With: investment, one time premium insurance plan, Single Premium policy

Jeevan Akshay VI – Pension plan

Last Updated on July 6, 2015 by Anushka

Jeevan Akshay VI Table No. 189 Summary: Jeevan Akshay VI plan no.189 is an Immediate Pension (Annuity) plan, which can be purchased by paying a lump sum amount. The plan provides for annuity payments of a stated amount throughout the life time of the annuitant (Policy holder). Various options are available for the type and mode of payment of annuities. Options Available: The following options … [Read more...]

Filed Under: LIC of India, Pension plan Tagged With: LIC of India, life insurance pension plan, one time premium insurance plan, pension policy

LIC’s Jeevan Bharati-1

Last Updated on July 6, 2015 by Anushka

Special Money Back Plan for Women LIC Jeevan Bharati 1 Table No.  192 Summary: LIC’s Jeevan Bharati –I Plan no.192 has been designed exclusively for females. This is a money back plan having optional Accident Benefit, Critical Illness Benefit and Congenital Disability Benefit as Riders. Benefits: a) Death Benefit: An amount equal to the Sum Assured under the basic plan along with … [Read more...]

Filed Under: LIC of India, Money back policy, Plan for Women Tagged With: insurance for women, Money Back Plan, Money back policy

New Bima Gold

Last Updated on July 6, 2015 by Anushka

LIC's New Bima Gold Summary: (Table No.179) Gold never loses its value, just like LIC Of India's New Bima Gold insurance policy. LIC's New Bima Gold (plan no.179) is a special with profit money back plan that offers 50% of the life cover during extended term even after maturity. Features: Auto-cover Facility: If atleast two full years’ premiums have been paid in respect of this policy, … [Read more...]

Filed Under: LIC of India, Money back policy Tagged With: LIC, Money back policy

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