lic online login: Life Insurance Corporation of India is one of the leading insurance and financial institutions in India. LIC retains a 75 percent market share despite the presence of private-sector insurers. Therefore, working in IC is the dream of Indian youth.
LIC of India stands for Life Insurance Corporation of India. Life Insurance Corporation is one of the largest insurance companies in India and is a state-owned insurance company. The company is headquartered in Mumbai. The name Life Insurance Corporation has become synonymous with insurance in India. The company was established in 1956 when the Parliament of India passed the Life Insurance Act of India.
The company was formed as a result of the merger of 245 private insurance companies operating in India at the time. LIC plans are very different in meeting the needs of its policyholders. The company has assets of over Rs 15 lakh crore and an unparalleled network of over 2000 branches and over 13 lakh Life Insurance Corporation agents.
Life Insurance Corporation of India – LIC Term Guarantee Schemes
Insurance Behemoth Life Insurance Corporation (LIC) comes with a variety of insurance policies tailored to individual needs and preferences. Life Insurance CorporationNew Bima is an
Life Insurance Corporation Unlimited savings and security plan
- The premium for this refund plan is paid in full at the beginning of the policy.
- The scheme offers survival benefits during the policy term as well as financial protection against death during the policy term.
- Also, the single premium will be refunded with more maturity and reliability. The scheme also takes care of cash flow needs through its credit facility.
- The amount will be confirmed at the time of death of the first five policy year policyholder. Upon death at the end of the five policy years, the policyholder will receive a liability guarantee in addition to the fidelity.
LIC Endowment Schemes
- LIC’s New Jeevan
- Rakshak New Jeevan Anand
- LIC’s Jeevan Lab LIC’
- Jeevan Pragati LIC
- Jeevan Lakshya.
No insurance plan is a scam. Each company offers insurance plans tailored to the needs of different individuals. It is our duty to take out insurance so that we can choose it patiently and comply with its terms and pay insurance premiums regularly. It is a loss for us to choose the wrong plan by the wrong advisor and then drop the installment without being able to pay.
Final words
Life Insurance Corporation of India is known for constantly bringing innovative and profitable policies to the market. In general, LIC policy is considered a benchmark in the insurance market and seeks to match with other insurance companies.
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