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
Many purchase life insurance policies to ensure their families are financially secure, even in their absence. However, much money remains unclaimed at LIC (Life Insurance Corporation of India). LIC has a large pool of ‘unclaimed money’—it’s worth checking to see if any of it belongs to you. Unclaimed Maturity Amount in LIC: LIC is India’s … Read more
The Indian Government announced a family pension at a uniform rate of 30t for the welfare of the families of LIC employees. It has also enhanced the gratuity limit for LIC agents from Rs 3 lakh to Rs 5 lakh and announced a slew of welfare measures for LIC agents and employees. These will substantially improve the … Read more
The Indian government is implementing various schemes to support all sections of the population, focusing on promoting women’s empowerment. Several initiatives are specifically designed for women. Recently, the central government introduced a new scheme called “Bima Sakhi,” which aims to benefit women in rural areas. Prime Minister Narendra Modi launched the Bima Sakhi Yojana on … Read more
The LIC Merchant Login is a pivotal development in the insurance industry, providing enhanced convenience, transparency, and efficiency for merchants and policyholders. As the insurance world evolves, the Life Insurance Corporation (LIC) remains a leader in embracing digital innovations. Introducing the LIC Merchant Portal is a significant step in revolutionizing how merchants and policyholders interact … Read more
LIC offers a unique scheme called the LIC Kanyadan Policy, which can be used to secure a child’s future, education, or wedding expenses. This scheme has zero risks and is tailored for your daughter’s benefit. Under this policy, if you opt for a 25-year term plan, you will have to pay the premium for 22 … Read more
Many people take out LIC policies, pay premiums for a few years, and then stop paying. When this happens, the policies will lapse. However, you can surrender the policies if you find it difficult to continue paying the premium, giving you a sense of control over your financial decisions. Specific rules apply to surrendering policies. … Read more
The LIC Jeevan Labh Plan is an excellent option for those seeking savings and life insurance. It is a limited premium-paying endowment plan that offers financial security to the policyholder during the policy period. Under this plan, a lump sum payment is made at the end of the policy period, providing life insurance protection and … Read more
LIC offers excellent life insurance plans, but people cannot utilize them to their full extent due to a lack of proper information. One of these plans is the LIC Jeevan Umang Plan, which provides long-term financial security and stability. In this policy, if you pay an average premium of Rs. 110 per day, you can … Read more
The LIC Jeevan Utsav Plan offers coverage for up to 100 years by paying a premium for a limited period. After spending the premium for a fixed period and then after a lock-in period, the policyholder starts repaying the premium. Ten percent of the policy amount is paid annually for life. The Life Insurance Corporation … Read more