LIC Plans

Introduction : In view of the demand from various offices it has been decided to modify LIC’s Jeevan Akshay – VI plan. The modifications are as under: • The plan shall also be sold online in addition to other existing distribution channels. • Annuity option- “Joint-life and 100% of annuity…

LIC’S JEEVAN VAIBHAV (PLAN No. 809) Download JEEVAN VAIBHAV presentation & JEEVAN VAIBHAV PREMIUM CALCULATOR at the bottom of this page LIC’S JEEVAN VAIBHAV (Plan No.809) is also a close ended plan guaranteed return which would be open for sale from 21st May, 2012 for a maximum period of 120…

It is Technical difficult to combine regular yearly bonus with the flexibility built in LIC JEEVAN SARAL. So the concept of Loyalty Addition has been introduced instead of the regular bonus. There is lot of myth about Loyalty Addition that going by the experience of recent years, that amount given…

Table no 165 Jeevan Saral : With Profit Plan Winner of Golden Peacock Award A Unique plan-probably first of its kind. A conventional plan but has good features of unit linked products but it is not ULIP. It is easier to understand and provides many benefits to lic policyholder. A…

There are more than 22 life insurance companies operating in India, but while buying life insurance why should one prefer LIC over others, there are numerous reasons but 26 strong reasons are listed below. Rank of LIC a) LIC is No.1 insurer in the world in Volume & Sold around…

Every one wants to live a happy life, now and in future as well. In today’s world, to live happily one needs funds. Now as you are earning there is no need to worry as you have sufficient funds to fulfill all your requirements but what about future? Will you…

Country’s largest insurer Life Insurance Corporation of India (LIC) has paid  Rs 1,137.95 Cr to the Government of India as dividend for 2010-11. The dividend cheque was handed over by LIC current-in- charge Chairman D K Mehrotra to the Finance Minister Pranab Mukherjee yesterday, the state-owned insurer said in a statement today. LIC had declared…

Govt. Of India had to implement DTC ( Direct Tax code ) in the Financial Year 2012-13 but it could not do that as it has to put an extra burden of Rs 4 lac crores on the govt. but still our finance minister Mr. Pranab Mukherjee tried to give…

LIC JEEVAN VRIDDHI is a very nice plan and you can pay any premium you want above Rs 30,000/- but there are some loading on it in the form of service tax which you have to pay. To know the total premium amount (inclusive of service tax) and Maturity of…

LIC JEEVAN VRIDDHI ( A Non ULIP, Single Premium, Guaranteed Maturity Plan, Table no. 808) LIC OF INDIA has launched another new product LIC JEEVAN VRIDDHI. It is a single premium non-market linked plan which provides for payment of Guaranteed Maturity Sum Assured along with Loyalty Addition, on maturity. Under…

LIC OF INDIA has many plans and if they are combined well then it can be better than any other plans of any Life insurance company. One such example is combination of LIC JEEVAN TARANG with LIMITED WHOLE LIFE PLAN shows how it can be better than Max New York’s…

Download premium Calculator for LIC JEEVAN ANKUR. Premium Calculator for LIC JEEVAN ANKUR. Note: Form 300 is used for LIC JEEVAN ANKUR and you can download form 300 from https://lichelpline.com/blog/2011/12/27/lic-300-form-download-lic-form-300-download-lic-proposal-form-300-free-download-form-300-of-lic/

LIC JEEVAN ANKUR : BEST CHILD PLAN EVER FROM LIC FOR KIDS LIC OF INDIA has launched one more plan on 23rd January 2012 and added one more option in the bouquet of CHILD PLANS.  LIC OF INDIA had already 7 child plans (namely JEEVAN CHHAYA, MARRIAGE ENDOWMENT, KOMAL JEEVAN,…

These days ECS ( Electronic cheque clearing system) is becoming more and more popular in LIC OF INDIA. People are preferring paying the premium of their LIC POLICIES under monthly mode via ECS. There are many advantages as well as disadvantages of taking LIC POLICIES under ECS mode. ADVANTAGES: 1.…

When it comes to pension, a picture of regular income after retirement comes into mind. Very few people have idea, how pension funds work in India but an investor expects that there should be enough flexibility, high risk cover, high, safe & tax free returns in pension funds. Pension funds…

There are more than 48 plans in LIC OF INDIA which covers the requirement of each and every individual. But even then some people come up with certain requirements which can not be fulfilled by single plans. So If two or more plans are clubbed together then requirements of each…

There are various conditions in which LIC POLICY can be bought for handicapped person. LIC OF INDIA offers variety of LIFE INSURANCE PLANS for physically or mentally handicapped people. If the person being insured is partially handicapped and employed or self employed then he, himself can buy LIC POLICY on…

LIC JEEVAN TARANG IS SUITABLE FOR: People who want regular, fixed and guaranteed income life time. For grand parents to gift this lic policy to their grand daughter or son so that they can remember them life time. For Girls or ladies. For those who want to invest lump sump…

LIC OF INDIA is the largest life insurance company with more than 48 policies inforces as on today. There are different forms available with different LIC POLICIES. Form no 300 is most common form used to insure people of age group 18 and above. You can download  Form 300 free…

NRI’s & Foreign National of Indian origin can definitely take LIC POLICY and they can continue it in any country. Also Green Card holder can also take LIC POLICY. Green Card Holder is a person with nationality of foreign country and LIC OF INDIA will consider him under the category…