My LIC

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 on policy next day itself ... Read More »

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 would be Rs.1,50,000/- No maximum ... Read More »

LIC Bima Bachat (Table No.175) is a single premium money-back policy. Bima Bachat offers financial security and assurance to the policy holder and his family. Read More »

Jeevan Nischay is a single premium policy with guaranteed maturity benefits exclusively for existing LIC policy holders. Jeevan Nischay is a close ended plan wherein a person can take policy on his/ her own life by paying single premium. Read More »

Protect your loved ones from any unexpected surprises in life, any time. Amulya Jeevan 1 (Plan No. 190) is a Term Assurance plan with minimum Sum Assured of Rs.25 lakh. This is a pure Term Assurance Plan like Anmol Jeevan 1. In this plan Minimum S.A. is 25 lakhs. (Under Anmol Jeevan (Table No. 164) only policies with S.A. below 25 lakhs. are issued). Read More »

LIC’s Jeevan Saathi Plus is a unit linked plan (ULIP) wherein a couple can take the insurance cover on their lives under a single policy. The proposer under the plan shall be called Principal Life Assured (P.L.A.) and the other life (wife/husband) shall be called Spouse Life Assured (S.L.A.). The premiums can be paid either in lump sum (single premium) or regularly throughout policy term. The P.L.A. can choose the level of cover (Sum Assured) for both lives within the limits, which will depend on whether the policy is a Single premium or Regular premium contract, age and the amount of premium agreed to pay. For regular premium policies, in case of death of the P.L.A. during the term of the policy, the plan also provides for waiver of all future premiums including outstanding premiums, if any, provided life cover is in force. Read More »

Life Insurance of India (LIC) has introduced a new single premium plan called “Jeevan Aastha” today.  This plan is open only for 45 days. I would suggest this plan for those who prefer Bank Deposit (FD).  Jeevan Aastha is as good as Bank deposit plus Insurance. You need to pay only ONE time premium. Jeevan Aastha ( Plan No. 195) ... Read More »

LIC Jeevan Tarang is a whole Life Money Back Plan for you or your children. It gives you survival benefit of 5.5% of the sum assured GUARANTEED for LIFETIME This unique policy is a perfect financial planning tool for you or your child. Your child stays financially protected for life. you pay premium for only a short period – onetime or, 6,10,15 or 20 years. And guess what !! the policy then keeps paying you EVERY YEAR for your LIFETIME apart from Bonus at the end of period plus covers life for the lifetime! LIC's life time money back policy A Deferred Annuity Plan. For Example: If you go for Rs.10 lakh Sum assured policy then you would receive Rs.10 Lakh on maturity + Bonus + Rs.55000/- per year till you or your child is survive. That how unique this plan is. Read More »