Life insurance is a contract between a policyholder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money in exchange for a premium, upon the death of an insured person.
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
Last year Honorable Supreme Court has given its order related to use of Aadhaar as a compulsory document. Hon’,ble supreme court of India in Writ Petition (civil) No. 49412012 vide judgment dated 26th September 2018 held the amendment to Rule 9 (making Aadhaar and PAN in form 60 mandatory for availing financial services including insurance) … 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.