Life Insurance: Why Indians are living dangerously How many Indians are covered by life insurance? According to Irdai’s Handbook 2016-17 (Table 9A), 32.81 crore of policies are in force in the books of life insurance firms in India. Even if we assume that a few lakhs of policies were revived during the year, the total number of in-force policies will not be more than … [Read more...] about How many Indians are covered by life insurance?
How to Calculate Late Fee for delayed LIC Premium Payment? Life Insurance Corporation of India(LIC) provides a certain grace period to all its customers on their policy premium payments according to the mode of payment of the policy. A grace period of 30days (30 days if mode of payment is Yearly/Half-yearly/Quarterly and 15 days if the mode is monthly) grace period to make … [Read more...] about Late Fee Calculation for delayed LIC Premium Payment
JEEVAN UTKARSH Jeevan Utkarsh is a One Time Investment plan with 10 times of risk cover. Accident & Disability benefit also available. Tax Rebate while investing and tax free returns on maturity. Combination of Investment and High Risk Cover. One time Premium Plan for 12 Years Term. Guaranteed Returns on Maturity with Loyalty Addition. Risk Cover … [Read more...] about Jeevan Utkarsh (846)
A policy holders must nominate a nominee/beneficiary at the time of contract with LIC. Policy holder can have single, multiple or successive nomination. In the Procedure to Change LIC Policy Nominee/Nomination Documents needed for change of Nominee/Nomination are: 1. Duly filled LIC – Change of Nomination Form or LIC – Change of Successive Nomination Form. 2. Photocopy … [Read more...] about Procedure to Change LIC Policy Nominee/Nomination?
Are you looking to take lic policy online which can give you life insurance coverage along with good returns? This platform guide you how to buy lic policy online. While searching for a lic policy online, you can come across many questions like, · How to buy lic policy online? · Can I buy lic policy online? · Benefits of buying lic policy … [Read more...] about Buy LIC Policy Online