Nivesh Plus is a non-participating, unit-linked, individual life insurance savings plan offered by Life Insurance Corporation of India (LIC). The plan aims to provide market-linked returns while also providing life cover to the policyholder. LIC Nivesh Plus – Key Plan Details Feature Details Plan Number & UIN Plan No. 849 Launch Date March 2, 2020 (discontinued Oct 14, 2024) — […]
e-Term is an online term insurance plan offered by Life Insurance Corporation of India (LIC) that provides financial protection to the policyholder’s family in case of their untimely demise. The policy can be purchased online by individuals who are between 18 to 65 years old and have completed their education till 10th standard. The minimum
Jeevan Shanti is a single premium, non-linked, non-participating annuity plan offered by Life Insurance Corporation of India (LIC) that provides a guaranteed income to the policyholder throughout their lifetime. The policy can be purchased by individuals who are 30 years or above, and the minimum purchase price for the policy is Rs. 1,50,000. Here’s an
Jeevan Azad is a non-linked, participating, endowment assurance plan offered by Life Insurance Corporation of India (LIC) that provides financial protection to the policyholder’s family in the event of their untimely demise. The policy offers a lump sum amount as a death benefit along with bonuses and maturity benefits. Here’s an example to understand the
Children Money Back plan is a non-linked, participating, money-back policy offered by Life Insurance Corporation of India (LIC) that provides financial support to the policyholder for meeting the expenses of their child’s education, marriage, etc. The policy offers a fixed percentage of the sum assured as money-back at specific intervals along with maturity benefits and
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Jeevan Tarun is a non-linked, participating, limited premium payment policy offered by Life Insurance Corporation of India (LIC) for children. The policy provides for a fixed annual income and lump sum payment on maturity. This policy is designed to provide financial support for children’s education, marriage, or other future requirements. Here is an example to
Jeevan Umang is a non-linked, with-profits, whole life assurance plan offered by the Life Insurance Corporation of India (LIC). Under this plan, the policyholder receives a fixed amount as an annual survival benefit after the premium payment term ends, until the policyholder’s death. Additionally, the policy provides for a lump sum amount on the policyholder’s
Life Insurance Corporation of India (LIC) is one of the oldest and most trusted insurance providers in the country. It has been providing financial security and peace of mind to millions of people for over six decades. As a policyholder, one of the most important responsibilities is to ensure timely payment of premiums. In this
Human Life Value Calculator Human Life Value Calculator Annual Income: Annual Expenses: Discount Rate (%): Calculate HLV The concept of Human Life Value (HLV) in India refers to the amount of money that a person’s life is considered to be worth. It is used to determine the compensation or benefits that should be paid in
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Why LIC is the first choice of 32 crore Indians? Life Insurance Corporation of India (LIC) stands as a beacon of financial security for millions across the nation. With its diverse range of insurance plans, LIC offers individuals the opportunity to safeguard their future and protect their loved ones against life’s uncertainties. Whether you’re a
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