If you are planning to buy any of these 19 LIC policies, you must opt-in before 31st January 2020. These Insurance policies are being discontinued due to new guidelines of insurance regulatory IRDA which will come into effect from 1st February 2020. List of 19 LIC Policies being Discontinued Plan No. 814: New Endowment Plan …
LIC of India
LIC of India is India’s biggest Life Insurance Company. Owned by Govt. Of India.
Life Insurance Corporation of India (LIC) is a Government of India enterprise and is said to be the largest life insurance company and also the largest investor in the country. It was founded in the year 1956 and has been serving people ever since. The main objective of this corporation was to spread awareness about …
‘If I die someday suddenly, what would my family do? How would they earn money? I don’t have anything left to secure my family….!’ this is the condition of most of the people who are unaware of the various types of life insurance plans available which can secure your future. Many of us often don’t …
Jeevan Akshay VI plan no.189 is an Immediate Pension (Annuity) plan, which can be purchased by paying a lump sum amount. The plan provides for annuity payments of a stated amount throughout the life time of the annuitant (Policy holder). Various options are available for the type and mode of payment of annuities.
LIC’s Jeevan Bharati –I Plan no.192 has been designed exclusively for females. This is a money back plan having optional Accident Benefit, Critical Illness Benefit and Congenital Disability Benefit as Riders.
a) Death Benefit:
An amount equal to the Sum Assured under the basic plan along with Reversionary Bonuses, and Final Addition Bonus, if any, will be payable….. 7nhmgi43ed
New Bima Gold (Golden Jubilee Plan) is a plan where premiums paid over the term of plan are paid back during the policy term in installments and life insurance cover is available not only during the term but also during the extended term of the plan.