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.
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.
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.
LIC of India is going to launch its new Life Insurance Plan Bima Shree (Plan No. 848). Bima Shree is a Non-Linked, with profit, limited premium payment money back policy which has the provision of guaranteed addition. Bima Shree is specially designed for High Networth Individuals having minimum basic sum assured of Rs. 1000000.
Bima Shree provides guaranteed addition at the rate of Rs 50 per thousand sum-assured in first five policy year and from the 6th year up to premium payment term Rs. 55 per thousand sum-assured. Unique Identification Number (UIN) of Bima Shree is 512N316V01
LIC of India has launched its new Single Premium, Closed-ended plan Jeevan Utkarsh, Plan No. 846. This plan will be available for sale from 06/09/2017 up to 31/03/2018. LIC’s Jeevan Utkarsh is a Non-linked, with profits, saving cum protection plan in which risk cover is 10 times the single premium. Unique Identification of LIC’s Bima Diamond Plan is 512N313V01.
Update: Jeevan Utkarsh (Plan 846) Policy is now available for sale up to 02/06/2018.
Life Insurance Corporation of India (LIC) has more than 12 lac agents. To motivate the agents, LIC has made different club according to the business procured by agents and club membership rules. These clubs mainly are, Distinguish Club, Branch Managers’ Club (BM Club), Divisional Managers’ Club (DM Club), Zonal Managers’ Club (ZM Club), Chairmans’ Club (CM Club), Newly introduced Galaxy club and Corporate Club.
Indian Life Insurance Giant Life Insurance Corporation of India is going to launch its new health insurance related policy LIC Cancer Cover, Plan No. 905 on 14/11/2017. The Unique Identification Number of the LIC Cancer Cover Plan is 512N314V01. This policy will also be available for online sale on LIC of India’s Portal It is a … Read more