Life Insurance Corporation of India (LIC) is an Indian state-owned insurance group and investment company headquartered in Mumbai. It is the largest insurance company in India with an estimated asset value of ₹2,529,390 crore. The Life Insurance Corporation of India was founded in 1956 when the Parliament of India passed the Life Insurance of India Act that nationalized the private insurance industry in India. Over 245 insurance companies and provident societies were merged to create the state-owned Life Insurance Corporation.
LIC’s Dhan Varsha (Plan No. 866) is the name of the new life insurance plan of Life Insurance Corporation of India. Dhan Varsha is available for sale with effect from 17/10/2022. It is a close-ended plan and will be available for sale up to 31/10/2023. LIC’s Dhan Varsha is a Non-Linked, Non-Participating, Individual, Savings, Single … Read more
Life Insurance Corporation of India has more than 12 lakh agents (know more about LIC Profile 2020). Some of these agents are very successful and give consistent business year by year. Based on the performance of these agents, LIC gives them club membership. इस पोस्ट को हिन्दी में पढें: एलआईसी अभिकर्ताओं के लिए क्लब सदस्यता … Read more
Do you have a LIC of India’s ULIP policy? Then it’s good news for you! Now you can switch funds online in LIC ULIP policies through LIC’s e-Services portal. Earlier the LIC policyholders had to give a written application in the branch to switch the funds in their ULIP policies. Now it made simple and easy … Read more
LIC’s Bachat Plus, this is the name of New Plan of Life Insurance Corporation of India, Plan No. 861. Bachat Plus is a Non-Linked, Participating, Individual life insurance savings plan. LIC’s Bachat Plus offers two premium payment options and those are, single premium and 5-year premium paying terms. This plan is available for online as … Read more
Bima Jyoti, this is the name of New Plan of Life Insurance Corporation of India, Plan No. 860. Bima Jyoti is a Non-Linked, Non participating, Individual life insurance plan. Premium payment is available for limited-term ie 5 years less than the policy term. Bima Jyoti has the provision of Guaranteed addition of Rs. 50 per … Read more
Yet another good news for the policyholders of LIC of India! Now you can view the images of your LIC policy in DigiLocker. If you do not know about DigiLocker, DigiLocker is a flagship initiative of the Ministry of Electronics & IT (MeitY) under Digital India Corporation (DIC). DigiLocker aims at the ‘Digital Empowerment’ of citizens by … Read more
With recent changes in the interest rates, Life Insurance Corporation of India has closed its annuity plan Jeevan Shanti with effect from 20/10/2020. It is now relaunched the Deferred annuity plan New Jeevan Shanti. The plan number for New Jeevan Shanti is 858. This newly modified plan is available for sale from 21/10/2020. LIC’s New … Read more