LIC Policy | LIC Life Insurance Plans Policy

LIC Life Insurance: Get details on latest plans of Life Insurance Corporation and know about the best plans from LIC. Compare plans' features and benefits to get the clear picture of the plan which will guide you to buy policy. LIC offers plans for various sections of people from children to senior citizen.
Life insurance is a contract that pledges payment of an amount to the person assured (or his nominee) on the happening of the event insured against.
The contract is valid for payment of the insured amount during:
• The date of maturity, or
• Specified dates at periodic intervals, or
• Unfortunate death, if it occurs earlier

Who can buy LIC Policy?
Any person who has attained majority and is eligible to enter into a valid contract can insure himself/herself and those in whom he/she has insurable interest.
Policies can also be taken, subject to certain conditions, on the life of one's spouse or children. While underwriting proposals, certain factors such as the policyholder’s state of health, the proponent's income and other relevant factors are considered by the Corporation.

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Newly Launched & Best Insurance Policies/Plans of LIC:

1. Jeevan Sugam (Endowment Plan) :

a non-linked conventional plan, which provides tax benefits with added advantage of premature surrender of policy. On maturity this plan offers a Maturity Sum Assured chosen by you. Read more about Benefits & features

2. Jeevan Saral (Special Plan) :

This is an Endowment Assurance plan where the proposer has simply to choose the amount and mode of premium payment. The plan provides financial protection against death throughout the term of the plan. The death benefit is directly related to the premiums paid. Read more about Benefits & features

3. LIC Flexi Plus (Unit Plan) :

LIC's Flexi Plus is a unit linked assurance plan, which not only provides a lump sum benefit on death but also the maturity benefit irrespective of the survival of the Policyholder. Good Combination of Long Term savings & Protection. Read more about Benefits & Features.

4. New Jeevan Nidhi (Pension Plan) :

LIC's New Jeevan Nidhi Plan is a conventional with profits pension plan which provides for death cover during the deferment period and offers annuity on survival to the date of vesting. Read more about Benefits & Features

5. LIC Jeevan Akshay VI (Pension Plan) :

Immediate Annuity Plan - Annuity starts as early as the next month. Minimum age at entry: 30 years; Maximum age at entry: 85 years. INCENTIVE FOR ONLINE - A REBATE OF 1% BY WAY OF INCREASE IN THE BASIC ANNUITY RATE WILL BE AVAILABLE. Read more about Benefits & Features

Insurance Plan for Handicapped & Disabled Persons – LIC Jeevan Aadhar
Ask your Insurance Related Queries - Here
Insurance Policies Offered by LIFE INSURANCE CORPORATION of INDIA

Insurance Plans of LIC:

LIC Jeevan Saral	Endowment Plus	Jeevan Anurag	Komal Jeevan	Click for Other Plans
Jeevan Sathi	Anmol Jeevan 1	Jeevan Anand	Jeevan Bharati I	Click for Other Plans

Special Plans of LIC:

Health Plans of LIC:
• Health Protection Plus
• Jeevan Arogya

Pay your LIC Insurance Premiums Online – Click Here

About LIC
Every day we wake up to the fact that more than 250 million lives are part of our family called LIC.
Though this journey started over five decades ago, we are still conscious of the fact that, while insurance may be a business for us, being part of millions of lives every day for the past 52 years has been a process called TRUST.
LIC had 5 zonal offices, 33 divisional offices and 212 branch offices, apart from its corporate office in the year 1956. Since life insurance contracts are long term contracts and during the currency of the policy it requires a variety of services need was felt in the later years to expand the operations and place a branch office at each district headquarter. Today LIC functions with 2048 fully computerized branch offices, 109 divisional offices, 8 zonal offices, 992 satallite offices and the corporate office. LIC’s Wide Area Network covers 109 divisional offices and connects all the branches through a Metro Area Network.

Disclaimer: Please note that the information provided is collected from sources publicly available & we believe to be reliable. The website doesn’t warrant the accuracy, reliability & absolute information available on the website. Participation by site visitors or registered customers is on a voluntary basis. The policies are offered by various life Insurance & non-life insurance offering companies and Bimadeals does not seek to, either directly or indirectly, advise, offer, solicit or recommend that any person who is or proposes to become its member should purchase the Policy.

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