The Life Insurance Corporation of India (LIC) provides an easy way to check the status of your PAN (Permanent Account Number) linked with your LIC policy. If you’ve already linked your PAN with LIC, it’s crucial to verify this connection to avoid any potential financial issues periodically. Understanding PAN and Its Importance A PAN, or … Read more
Know the LIC maturity claims settlement procedure, documents required and benefits of your LIC Maturity from here. Congratulations! Your LIC policy has matured, and it’s time to reap the rewards of your smart financial planning. But before you start counting those stacks of cash, there’s a crucial step: settling the maturity claim. Maturity! It’s a … Read more
Policyholders of Life Insurance Corporation (LIC) of India can now quickly pay their LIC premiums online through the official LIC website at https://licindia.in/. This service allows users to pay their premiums before the due date, ensuring continuous coverage and avoiding any penalties. Why Choose LIC Premium Payment Online? LIC is India’s largest and most trusted … Read more
Managing your insurance premium payments effectively is crucial in today’s fast-paced world. As 2024 unfolds, Life Insurance Corporation of India (LIC) policyholders need a straightforward guide to obtaining their premium payment receipts quickly and efficiently. Why is Your LIC Premium Payment Receipt Important? Your LIC premium payment receipt is an essential document that confirms you’ve … Read more
Investing earned money appropriately can ensure a lifetime of financial stability. There are specialized saving plans to secure your future. Financial planning is crucial at all stages of life, even after the age of 60, when earning potential decreases. LIC offers an attractive plan to address this need. Having sufficient funds is crucial for a … Read more
The Life Insurance Corporation of India (LIC) has launched a single premium ‘Smart’ pension scheme offering various individual and joint pension options. LIC’s statement explains that different cash options are available for partial or complete withdrawals according to the policy terms. The minimum purchase price for the pension scheme is Rs. 1 lakh. Below are … Read more
The Indian central government has announced an exciting initiative for women nationwide. Under this scheme, ₹7,000 will be deposited into their accounts monthly. This program, aimed at benefiting women, is known as the Bima Sakhi Yojana. Bima Sakhi Yojana The government frequently introduces various programs for public welfare, particularly for women’s empowerment. One such initiative … Read more
Planning your finances before purchasing an insurance policy is crucial. Life Insurance Corporation (LIC) of India, one of the largest insurance providers in the country, offers an efficient tool to help you do just that—the LIC Online Premium Calculator. This tool, available on the official LIC website, allows you to calculate the premium you will … Read more
Life Insurance Corporation of India (LIC) is a trusted name in insurance, offering various policies tailored to meet its customers’ diverse needs. LIC’s essential document is the LIC Policy Bond, which proves your insurance coverage. What is the LIC Policy Bond? The LIC Policy Bond is a critical legal document that contains all the details … Read more
When it comes to life insurance, the first name that comes to mind for many people is the Life Insurance Corporation of India (LIC). In the past, policyholders had to visit the nearest LIC office to obtain information about their policies. However, times have changed, and LIC is expanding its services to align with modern … Read more