LIC Market Plus-I Plan – Features and Benefits

Life Insurance Corporation of India (LICI) is a household name. With numerous plans designed for maximum benefit and coverage, it has set the gold standard in the field of insurance services. LIC Market Plus I is a unit linked delayed pension plan. About LIC Market Plus I Plan LIC Market Plus I plan is a …

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Everything you Need to Know About LIC Bima Bachat Plan

The LIC Bima Bachat Plan is an endowment policy. It is a traditional money back plan which has the provision to be paid for by a single premium. How this plan works is that after the completion of the tenure of the policy, the insured is returned the premiums with the loyalty additions as a …

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Step-by-step Guide on How to Link Aadhaar with LIC Policy

The Aadhaar card is an important photo id card issued by the Indian government that is necessary for almost every aspect of life these days. For this reason, it is important that LIC plans policyholders must get their Aadhaar card linked to their policies. The steps that need to be followed to link Aadhaar with LIC plans …

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LIC New Jeevan Anand Plan – Review, Features & Benefits

The New Jeevan Anand policy by LIC is an insurance policy which provides coverage for the entire life of the person who is insured. Regardless of whether the insured dies or survives, the payment of the sum assured is made, so the policy benefits in either way. If the policy holder dies before celebrating through …

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Review of LIC Jeevan Lakshya Endowment Plan

Life Insurance Life insurance is an arrangement between the insurance company and the person who has taken insurance.  As per the agreement, the corporation givs a lump sum to the nominee who has been chosen by the insured person should the insured person meet an untimely death. This policy protects the family and the loved …

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Check LIC Policy Status without Registration by Mobile Phone or SMS

Most of us have now got used to checking the status of our investments and insurances online just by logging on to the customer portal. LIC has also been offering this feature of online LIC policy status check by logging on to LIC account on LIC portal. LIC has now gone a step further to …

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Comparison Between Jeevan Akshay VI (189) and Fixed Deposit

LIC Jeevan Akshay VI is an Annuity Immediate Plan by the Life Insurance Corporation of India. This policy can be obtained by compensating a lump sum total. The person gets a specific amount as annuity payment through the life time. It is thus a pension plan for senior citizens and is a good retirement investment …

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LIC’s Jeevan Labh Plan – Features & Benefits

Combo policies that offer investment and insurance benefits in a single product are increasingly growing popular among the people in India. One such well-liked product is LIC’s Jeevan Labh Plan that gives both investments as well as insurance advantage to the people for a fixed tenure of about 16, 21 or 25 years. Here is …

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What is the Penalty for Late Payment of LIC Premium?

So far as the LIC premium payment is concerned, it is always important to shell out the exact amount of premium within the given period of time. However, owing to unavoidable circumstances, many people somehow fail to clear the payment within the allotted period of time. Therefore, it is important to be detailed about the …

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