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 of India has launched it’s New Term Insurance Plan LIC’s Jeevan Amar (Plan-855). This plan is going to be a game-changer for LIC of India due to its very low premiums compared to its previous term plan Anmol Jeevan and Amulya Jeevan. Jeevan Amar is available for sale from 05/08/2019 onwards. LIC of India … Read more
LIC of India is going to launch its new life insurance plan LIC’s Nav Jeevan, Plan No. 853 on 18/03/2019. LIC’s Nav Jeevan is a non linked, with profit, Endowment Life Assurance plan. Under this plan policyholder will have the option to choose between two premium payment options ie single premium or limited premium payment … Read more
Getting your policy information is very important to properly maintain your policy and pay the premium on time. Till now Life Insurance Corporation of India does not have any Call Centre services for their customers. Though they were having LIC Customer Zones, they were operational between 8 a.m. to 8 p.m. Recently Life Insurance Corporation of India … Read more
After the cash payment for due LIC premium, a common mode of payment is LIC premium through Cheque. Normally a customer only writes “LIC of India” or “Life insurance Corporation of India” on the cheque. However, in a recent development LIC of India has issued a new circular on 28/09/2018. As per the new circular, … Read more
Jeevan Pragati, this is the name of the New life insurance plan of Life Insurance Corporation of India, Table No. 838. It is going to be launched on 03/02/2016. Jeevan Pragati is a non linked, with profit endowment assurance plan, where death sum assured automatically increases after every five years during the term of the … Read more
LIC of India has launched its new annuity plan Jeevan Shanti, Plan No. 850 with effect from 11/09/2018. Jeevan Shanti is a non-linked, non-participating, single premium annuity plan where the policyholder has the option to choose an immediate annuity or Deferred Annuity. Jeevan Shanti is allowed to all lives including the third gender. Annuit rates … Read more
Have any policy enquiry related to your LIC insurance policy, and you want to know the status and other details on the phone? Are you in a different city than where your policy servicing branch is and confused whether you will get all the details of your policy in another branch? If yes, then answer if LIC Customer Zone.