LIFE INSURANCE (L.I.C. OF INDIA)
Life
Insurance
Life insurance is a crucial step in planning for your future and the future of your loved ones.As individuals it is inherent to differ. Each individual's insurance needs and requirements are different from that of the others. LIC's Insurance Plans are policies that talk to you individually and give you the most suitable options that can fit your requirement.
​
-
Endowment Plan : Life insurance policy which provides you with a combination of both i.e.: an insurance cover, as well as an savings plan. It helps you in saving regularly over a specific period of time, so that you are able to get a lump sum amount on policy maturity, if the policyholder survives the policy term.
-
Whole Life Plans : Life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity date.
-
Money Back Plans : The money-back policy from Life Insurance Corporation in India is a popular insurance policy. It provides life coverage during the term of the policy and the maturity benefits are paid in installments by way of survival benefits in every 5 years. The plan is available with 20 years and 25 years term.
-
Term Assurance Plans : Life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term.
-
RIDER : LIC'S Rider provides for life cover in case of unfortunate death of the insured during the cover period. It can be attached with a basic policy to provide add-on benefit at a nominal cost.
Special Plans :
LIC’s Special Plans are not plans but opportunities that knock on your door once in a lifetime. These plans are a perfect blend of insurance, investment and a lifetime of happiness...
Pension Plans :
Pension during your old age. These policies are most suited for senior citizens and those planning a secure future, so that you never give up on the best things in life...
Unit Plans :
Unit plans are investment plans for those who realise the worth of hard-earned money. These plans help you see your savings yield rich benefits and help you save tax even if you don't have consistent income...
Health Plans :
Health plans which provides health insurance cover against certain specified health risks and provides you with timely support in case of medical emergencies and helps you and your family remain financially independent in difficult times...