Different types of LIC of India plans along with a list of plans under each category and a brief table mentioning their basic features: PENSION PLANS Plan Name Table No. Maximum Term Minimum Term Premium Unique Selling Point (USP) Jeevan Akshay VI 810 Lifetime Immediate Lump-sum Immediate annuity option with a range of payout options. …
Introduction When it comes to safeguarding your financial future, insurance plays a crucial role. Insurance policies provide a safety net that protects you and your loved ones from unexpected events. However, navigating the complex world of insurance can be overwhelming, which is where a LIC agent can be your trusted ally. In this article, we …
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Introduction Choosing the right LIC agent is a crucial step in securing your financial future. As you embark on this journey, it’s essential to thoroughly interview potential agents to ensure they align with your needs and goals. By asking the right questions, you can gain valuable insights into their expertise, professionalism, and commitment to serving …
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As a taxpayer in India, you’re always looking for ways to reduce your tax burden. One of the most effective ways to do this is by investing in life insurance. Not only does life insurance provide financial security for you and your loved ones, but it can also help you maximize your tax savings. In …
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Are you looking for a career that offers flexible working hours, high earning potential, and the chance to help people secure their future? Then becoming a Lic Agent might be the right choice for you. Here’s a comprehensive guide on how to become a Lic Agent. Table of Contents Introduction Life Insurance Corporation (LIC) of …
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LIC policy maturity is the point in time when the policyholder’s insurance policy comes to an end, and the policyholder becomes eligible to receive the maturity benefits. When a policy reaches its maturity date, the policyholder is entitled to receive the sum assured, along with any accrued bonuses, as per the terms and conditions of …
How to get duplicate lic policy bond. what all forms and letter are reuired. where to get the forms and letter format To get a duplicate LIC policy bond, you will need to follow the below steps: LIC provides the necessary forms and formats for the indemnity bond and the request letter for a duplicate …
Understanding the LIC Agent Commission Structure: Rates, Rules, Payment, and More As an LIC Agent, your income is primarily based on the commissions you earn from selling various insurance policies. To maximize your earnings and plan your career growth effectively, it’s important to understand the LIC Agent Commission Structure, including commission rates, rules, payment, and …
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 …
