Topic Archive

LIC

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 New Plan Nav Jeevan (Plan No. 853)

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

LIC Call Center Services 24X7 for LIC policyholders

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

LIC’s New Plan Jeevan Shanti (Plan No. 850)

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