Lic Policy Online

Lic Policy

For list of Lic Premium calculators click on  Lic Premium Calculator 

lic policy online

LIC Policy – Term Insurance

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LIC Term insurance plan is the most basic LIC policy and simplest form of insurance plan offered by the life insurance Corporation. In this Term insurance plan the life insurance company promises to pay a specified amount that is (sum insured or death benefit ) if the insured dies during the term of the plan. If the life insured survives during the entire period of the plan then they will not be allowed to anything, that means there is no maturity benefit with such policies. You can also calculate your premium with lic term insurance plan premium calculator and can get the complete information about lic term insurance plan chartSo in short, Term insurance plan offers only death cover in the event of the death of the life insured during the period of the plan.

LIC Policy Plans Under  LIC Term Insurance:-

  1. LIC Anmol Jeevan II
  2. LIC Amulya Jeevan II
  3. LIC e Term Policy

  LIC Policy – Whole Life Insurance

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LIC term insurance in LIC policy , with an unspecified period is called a whole life insurance plan. Some plans also have savings element. The insurance company declares bonuses for these plans based on the returns earned on investments. Here you can calculate your premium with lic whole life policy premium calculator.

As the name of the plan specifies, this plan covers an individual throughout their entire life.

LIC policy Plans Under LIC Whole Life Insurance

Yet to be Released

 LIC Policy – Endowment Insurance

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An LIC endowment insurance plan is basically a combination of a term insurance plan and a pure endowment plan. Lic new endowment plan offers death cover if the life insured dies during the term of the policy or survival benefit if the life insured survives until the maturity of the policy. 

Plans Under LIC Endowment  Insurance

  1. LIC Single Premium Endowment Plan
  2. LIC New Endowment Plan
  3. LIC New Jeevan Anand
  4. LIC Jeevan Rakshak

LIC Policy – Child Insurance

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LIC Child insurance plan help parents to save for their Children’s Future Financial needs such as education, marriage etc.

Child insurance plans offer the dual benefit of savings along with insurance.

Plans Under LIC Child Insurance

Yet to be Released

LIC Policy – Money Back Insurance

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  • Lic Money back policy combine the dual benefits of savings and insurance, and are somewhat similar to endowment plans in terms of features.
  • In endowment plan, the policyholder receives the maturity benefit at the end of the policy term.
  • However, in money back insurance plans/policies ‘partial survival benefits’ are paid to the policyholder during the term of the policy at specific intervals.

Plans Under LIC Money Back Insurance

  1. LIC NEW MONEY BACK PLAN – 20 YEARS
  2. LIC NEW MONEY BACK PLAN – 25 YEARS
  3. LIC NEW BIMA BACHAT
  4. LIC JEEVAN SHAGUN

LIC Policy – Pension Plans

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A LIC pension plans is a series of regular payments from an annuity provider (insurance company) to an individual (called the annuitant) in return for a lump sum (purchase price) or instalment premiums for a specified number of years. You can also calculate your premium with lic pension plans calculator.

According to the manner in which the purchase price is paid, annuities can be either:

  • An immediate annuity
  • A deferred annuity

LIC Pension Plan Under LIC Policy 

  1. LIC Jeevan Akshay-VI
  2. LIC New Jeevan Nidhi

LIC Policy – Health Insurance

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A LIC Health insurance plan is a LIC Policy which is very mandatory for everyone in this present situation of the world. Now a days one of the  highest expense of any  individual is medical and hospital bills. LIC has released health insurance plans by paying little amount of 2000 to 3000 per Annum and he can cover his life. Main difference between general insurance health plans and lic health plan is ,In lic health plans you can include your parents,grandparents, children,and wife too in a single policy. You can also calculate your premium with Lic health insurance premium calculator.

LIC Health Insurance plan LIC Policy

  1. LIC JEEVAN AROGYA

LIC Policy – ULIPS

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The ULIP is a LIC Policy type of insurance plan where the cash value of a policy varies according to the current NAV of underlying investment assets.

ULIPS Separate the two element viz., Savings and Insurance within the same product and manage them separately.

Plans Under LIC ULIPS