Special campaign for revival of lapsed policies of LIC of India

Special campaign for revival of lapsed policies of LIC of India

LIC, Life Insurance

Like past many occasions, Life Insurance Corporation of India (LIC) has come up with a new Revival Campaign with the motive of reducing lapsation of policies and renewing the relation with old policyholders. This special campaign is from 11/12/2017 to 28/02/2018. During this campaign, policyholders can revive their lapsed policies with concession in the late fee. Continue reading “Special campaign for revival of lapsed policies of LIC of India”

How to make a claim in LIC Jeevan Arogya

How to make a claim in LIC Jeevan Arogya

Health Insurance, LIC

Jeevan Arogya plan is a Health Insurance Plan offered by LIC of India. Jeevan Arogya is a fixed benefit plan ie on hospitalization you will get the fixed amount related to your number of days of Hospitalization and surgery. There are two Jeevan Arogya plans which are currently serviced by LIC of India; one is Jeevan Arogya, Plan No. 903 and Jeevan Arogya, Plan No. 904. Jeevan Arogya, Plan no. 903 is now discontinued for sale. After hospitalization, Principal Insured has to claim the amount from LIC of India by submitting the claim form along with the treatment papers in original or with attested copies of all the treatment papers. Continue reading “How to make a claim in LIC Jeevan Arogya”

LIC policy enquiry-Just call LIC Customer Zone

LIC policy enquiry-Just call LIC Customer Zone

LIC, Life Insurance

Have any policy enquiry related to your LIC insurance policy, and you want to know the status and other details on the phone? Are you in a different city than where your policy servicing branch is and confused whether you will get all the details of your policy in another branch? If yes, then answer if LIC Customer Zone. Continue reading “LIC policy enquiry-Just call LIC Customer Zone”

How to apply for online loan on LIC policy?

How to apply for online loan on LIC policy?

Life Insurance

Recently LIC of India has added a new feature to its online service and ie Online loan on LIC policy. Now you can apply for a loan on your eligible LIC policy through LIC e-Services portal in simple steps. This service is available to the customers who are already registered for Premier Service in LIC portal. If you are not registered you can do this before applying for a loan, though the registration process will take little time. Continue reading “How to apply for online loan on LIC policy?”

LIC’s New Plan Jeevan Utkarsh (Plan No. 846)

LIC’s New Plan Jeevan Utkarsh (Plan No. 846)

LIC, Life Insurance

LIC of India has launched its new Single Premium, Closed-ended plan Jeevan Utkarsh, Plan No. 846. This plan will be available for sale from 06/09/2017 up too 31/03/2018. LIC’s Jeevan Utkarsh is a Non-linked, with profits, saving cum protection plan in which risk cover is 10 times the single premium. Unique Identification of LIC’s Bima Diamond Plan is 512N313V01. Continue reading “LIC’s New Plan Jeevan Utkarsh (Plan No. 846)”

LIC of India’s Bonus rate declared for 2017-18

LIC of India’s Bonus rate declared for 2017-18

Life Insurance

LIC of India has declared Bonus rate on 23/08/2017 for all its with profit policies. Every year Actuarial Department of LIC do the valuation and declares the bonus rates. These bonus rates are applicable for policy year entered upon during the inter-valuation period i.e. 01/04/2016 to 31/03/2017 and in force for full sum assured as at 31/03/2017. It will be applicable to policies resulting from claims by death or maturity (including those discounted within one year of maturity) or surrendered on or after 01/01/2018. Continue reading “LIC of India’s Bonus rate declared for 2017-18”

LIC’s New Plan Bima Diamond (Plan No. 841)

LIC’s New Plan Bima Diamond (Plan No. 841)

LIC, Life Insurance

This year from 01/09/2016 Life Insurance Corporation of India (LIC) is celebrated it’s Diamond Jubilee year. On this occasion, LIC had launched plan “Bima Diamond” Table No. 841. This policy is available for sale up to 31 August 2017. LIC’s Bima Diamond is a Non-linked, with profits,  limited premium payment money back plan. It provided money back at an interval of every 4th year. LIC’s Bima Diamond provided extended life cover up to the half of the policy term after the completion of the policy term. Unique Identification of LIC’s Bima Diamond Plan is 512N307V01. Continue reading “LIC’s New Plan Bima Diamond (Plan No. 841)”

LIC’s New Plan Jeevan Umang (Plan No. 845)

LIC’s New Plan Jeevan Umang (Plan No. 845)

LIC, Life Insurance

Life Insurance Corporation of India is going to launch its new plan Jeevan Umang (Plan No. 845) on 16/05/2017. LIC’s Jeevan Umang is non-linked, with-profits, whole life assurance plan. This plan provides for annual survival benefits from the end of the premium paying term till maturity and lump sum payment at the time of maturity or on the death of the policyholder during the policy term. Continue reading “LIC’s New Plan Jeevan Umang (Plan No. 845)”