LIC
Life Insurance policy by Lic of India provides safety, security and reparation or compensation to the nominee or family members on the demise of an insured individual. Being Life Insurance Agents our duty is to help the client identify various policies schemes which will facilitate them to select policy according to their monetary and personal situation.
LIC's Jeevan Akshay
LIC Jeevan Akshay is an Immediate Annuity plan offered by Indian insurance and investment company Life Insurance Corporation of India (LIC). It is a single premium policy and has to be purchased by paying a lumpsum amount at once. The annuity can be paid monthly, quarterly, biannually or annually as chosen. This pension plan has 6 options to choose from. Once the individual chooses an option, it can’t be changed during as the payout starts immediately with the plan.
LIC’s New Endowment Plan
LIC's New Endowment Plan is a participating non-linked plan which offers an attractive combination of protection and saving features. This combination provides financial support for the family of the deceased policyholder any time before maturity and good lump sum amount at the time of maturity for the surviving policyholders. This plan also takes care of liquidity needs through its loan facility.
LIC's New Jeevan Anand
LIC's New Jeevan Anand Plan is a participating non-linked plan which offers an attractive combination of protection and savings. This combination provides financial protection against death throughout the lifetime of the policyholder with the provision of payment of lumpsum at the end of the selected policy term in case of his/her survival. This plan also takes care of liquidity needs through its loan facility.
LIC's Single Premium Endowment Plan
LIC's Single Premium Endowment Plan is a participating non-linked savings cum protection plan, where premium is paid in lump sum at the outset of the policy. This combination provides financial protection against death during the policy term with the provision of payment of lumpsum at the end of the selected policy term in case of his/her survival. This plan also takes care of liquidity needs through its loan facility.
New Jeevan Nidhi
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.
LIC Policy with Money Back
LIC or Life Insurance Corporation India is one of the biggest providers of life insurance policies in India. The bank is known for its innovative life insurance policies and high claim settlement ratio. LIC money back policy is one among the many kinds of life insurance policies offered by the bank.
LIC's Child Plans
LIC's New Money Back Plan-25 years is a participating non-linked plan which offers an attractive combination of protection against death throughout the term of the plan along with the periodic payment on survival at specified durations during the term. This unique combination provides financial support for the family of the deceased policyholder any time before maturity and lump sum amount at the time of maturity for the surviving policyholders. This plan also takes care of liquidity needs through its loan facility.
LIC's Jeevan Rakshak
Since August 2014, LIC Jeevan Rakshak policy, a participating non-linked plan that offers a combination of protection and savings is being offered by the Life Insurance Corporation of India. It offers a constant financial support to the family in case of the death of the policyholder during the term of the plan and a lump sum amount at the maturity in case of survival of the policyholder. Loan facility is also available through this policy.
LIC Jeevan Lakshya Plan
LIC Jeevan Lakshya is a limited premium paying conventional plan which is non-linked and classified as a With-Profits Endowment Assurance plan. The plan came into effect in March 2015. This plan provides an annual income which can be beneficial towards the needs of the family, especially the minors, in case of the death of the policyholder before the maturity of the plan. A lump sum amount is also made available at the end of the maturity period, regardless of the survival of the policyholder.
LIC’s Jeevan Labh
This is a limited premium paying non-linked endowment life insurance policy that provides both savings and protection to policyholders. The plan offers both death and maturity benefits along with profit participation bonuses.
LIC Amulya Jeevan II
LIC’s Amulya Jeevan II Plan is a well known term plan. When it comes to offering bonuses, no pure offers additional bonus facilities to the policyholder. Moreover, if the insured dies within the tenure of the policy, then the nominee gets to receive the death benefits. However, nothing is payable to the policyholder when the policy reaches the maturity age.
