This year from 01/09/2016 Life Insurance Corporation of India (LIC) is celebrated it’s Diamond Jubilee year. On this occasion, LIC had launched plan “Bima Diamond” Table No. 841. This policy is available for sale up to 31 August 2017. LIC’s Bima Diamond is a Non-linked, with profits, limited premium payment money back plan. It provided money back at an interval of every 4th year. LIC’s Bima Diamond provided extended life cover up to the half of the policy term after the completion of the policy term. Unique Identification of LIC’s Bima Diamond Plan is 512N307V01.
Life Insurance
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’s New Plan Jeevan Umang (Plan No. 845)
Life Insurance Corporation of India is going to launch its new plan Jeevan Umang (Plan No. 845) on 16/05/2017. LIC’s Jeevan Umang is non-linked, with-profits, whole life assurance plan. This plan provides for annual survival benefits from the end of the premium paying term till maturity and lump sum payment at the time of maturity or on the death of the policyholder during the policy term.
Pradhan Mantri Vaya Vandana Yojana (Plan No. 842)
As announced by the Government of India regarding the pension plan for senior citizen of India (Aged above 60 years) in last financial year, the Government of India has announced the Pradhan Mantri Vaya Vandana Yojana (PMVVY) Plan No. 842 for citizens aged 60 year and above. Pradhan Mantri Vaya Vandana Yojana (Plan No. 842) is a pension … Read more
LIC’s New Plan Aadhaar Shila (Plan No. 844)
Life Insurance Corporation of India is going to launch its new plan Aadhaar Shila (Plan No. 844) on 24/04/2017. LIC’s Aadhaar Shila is non-linked, with-profits, regular premium endowment assurance plan. LIC has designed this plan exclusively for females lives having Aadhaar Card issued by UIDAI (Unique Identification Authority of India). Aadhaar Shila plan is only … Read more
LIC’s New Plan Aadhaar Stambh (Plan No. 843)
Life Insurance Corporation of India is going to launch its new plan Aadhaar Stambh (Plan No. 843) on 24/04/2017. LIC’s Aadhaar Stambh is non-linked, with-profits, regular premium endowment assurance plan. LIC has designed this plan exclusively for males lives having Aadhaar Card issued by UIDAI (Unique Identification Authority of India). Aadhaar Stambh plan is only … Read more
How to know FUP of your LIC policy using android app
Have you forgotten the FUP (First unpaid premium) of your LIC policy? Now there is an easy way to know it using your android phone. So, what you need to do to know the FUP of your LIC policy? My LIC android Application My LIC is an android application. It is developed by LIC of … Read more
Varishtha Pension Bima Yojana 2017
Govt of India on 24/01/2017 approved the launch of Varishtha Pension Bima Yojana 2017 for senior citizens aged over 60. Like previously launched Varishtha pension bima yojana this scheme provide pension to senior citizens with a rate higher than the prevailing market rates of the annuity. Varishtha Pension Bima Yojana will provide 8% guaranteed return to the … Read more
LIC reintroduces Jeevan Akshay VI with modifications
Life Insurance Corporation of India (LIC) has reintroduced its immediate annuity plan Jeevan Akshay VI with certain modification. Though LIC have not changed the name and plan number of this modified version and will be available with same name and plan number i.e. Jeevan Akshay VI, Plan number 189. IRDA UIN for this modified version … Read more