Jeevan Saral Monthly Recurring Scheme
on Nov 4, 2009 in ATM Plan LIC Product Special Plan Monthly Recurring Scheme Jeevan Saral plan of LIC of India is a Monthly Recurring Scheme. In many aspects, this plan is better than other recurring schemes available at present. Benefits of LIC Scheme : This is like a Post Office's R.D. Scheme. You can deposit Yearly, Half-...

Life Insurance Benefits
on Nov 3, 2009 in Life Insurance Life Insurance Benefits Its money is safe from moneylenders.Facility to take loan on the goodwill of policy.Pension in old age.It not only encourages but also pressurise for making savings.Economic security and fulfillment of necessaties on time to time.Rebate from Income T...

What is Life Insurance?
on Nov 1, 2009 in Life Insurance What is Life Insurance Life insurance is a contract that pledges payment of an amount to the person assured (or his nominee) on the happening of the event insured against. The contract is valid for payment of the insured amount during: The date of maturity, or Specifi...

Objectives of LIC
on Oct 31, 2009 in Life Insurance Objectives of LIC Spread life insurance widely and in particular to the rural areas and to the society and economically backward classes with a view to reaching all insurable persons in the country and providing them adequate financial cover against death at a reasona...

Tips To Policyholders
on Oct 30, 2009 in Life Insurance Tips to Policyholders Make use of various services available with the help of Information Technology initiatives elaborated herein.Check the nomination status under the policy and intimate changes, if any, for speedy settlement of claims.Pay the premiums in time (where ev...

LIC launched 'Jeevan Nischay'
on Oct 29, 2009 in LIC Updates LIC News LIC of India launched a single premium assurance plan 'Jeevan Nischay' (T.No.-199) , which offers benefits on death and maturity.This is a close ended plan and likely to be closed on 31st March, 2010.The scheme would be available only for those perso...

Jeevan Mangal
on Oct 21, 2009 in LIC Product Special Plan Micro Insurance Plan Jeevan Mangal is a term assurance plan with return of premiums on maturity, where you may pay the premiums either in lump sum or regularly at Yearly, Half Yearly, Quarterly, Monthly, fortnightly or weekly intervals over the term of the policy.Eligibi...

Money Back Plan 25 Years (T.No.- 93)
on Sep 29, 2009 in Money Back Plan LIC Product Insurance Plan Money Back Plan with profit- 25 years (T.No.- 93) is a Money Back type Assurance plan that provide financial protection against death throughout the term of plan along with the periodic payments on survival at specified durations during the term.In t...

Care to be taken while completing Proposal Forms
on Sep 10, 2009 in Care to be taken Life Insurance A contract of life insurance is a contract of utmost good faith technically known as uberrima fides. The principle of disclosing all material facts is embodied in this important concept which applies to all forms of life insurance. It becomes the dut...

Keyman Insurance
on Sep 4, 2009 in Life Insurance Keyman Insurance WHO IS KEYMANA keyman can be defined as a person whose death would result in a financial loss of the company which may be in the form of reduction in profits or cost of finding and training the replacement. He may be expert in his field or technocrat...