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Category: Life Insurance Corporation of India

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LIC Jeevan Akshay VI – Review

LIC Jeevan Akshay VI is an immediate Annuity plan which can be purchased by a Lump sum amount. This plan provides pension to the policy holder throughout his life time. Once if you had paid the purchase price of this annuity plan, then the pension starts immediately after a month or quarter or half year […]

LIC New Endowment Plus – Review

LIC New Endowment Plus – Review – Plan No 835 LIC New Endowment Plus Plan – LIC has launched a new ULIP (Unit linked assurance plan) plan on table which came to effect from 17th August, 2015. The new plan is an Endowment Plan (Plan no. 835) having unique identification number of 512L301V0. Lets understand the Features, […]

LIC BONUS FOR FINANCIAL YEAR 2014-15

LIC BONUS LIC is a Public sector Life insurance company. Its operation in India dates back to 1956. The company is the pioneer in the endowment plans. They declared consecutive bonus for the last 10 years. Here in this post we are going to see the LIC Bonus declared for the year 2014-15. The policy should […]

LIC Jeevan Tarun (Table No.834) – Review

LIC Jeevan Tarun (Table No.834) – Review LIC JEEVAN TARUN- Review LIC’s JEEVAN TARUN is a participating non-linked limited premium payment plan. This plan provides survival benefits from ages 20 to 24 years and Maturity Benefit at the age of 25 years.You can choose any of the 4 benefit options available for survival benefits. Apart from […]

LIC Products list (withdrawn on January 2014)

LIC Products list (withdrawn on January 2014) Following the circular from IRDA issued during late 2013 on the minimum Sum assured criteria for availing tax benefits, all the insurance companies including LIC were asked to withdraw their old plans and file new plans in accordance with the new IRDA rules.  The IRDA rule says that to avail […]

LIC NEW JEEVAN ANAND

LIC New Jeevan Anand Plan – Plan Number 815 LIC New Jeevan Anand Plan is one of the top rated Endowment plans in the market. This is a participating endowment plan which has a guaranteed Sum assured and gets a Simple Reversionary Bonus every year. Lets see some Key features and review about this plan. LIC New Jeevan Anand Plan […]

LIC Single Premium Endowment Plan Review

LIC Single Premium Endowment LIC is the most prominent and successful public sector enterprise in India. Currently LIC is selling 6 Endowment plans. one of which is LIC single Premium Endowment Plan. Lets see some Key features and review about this plan. This is a Single premium Endowment Plan- You have to invest only 1 […]

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