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.
Our Most Popular Life Insurance Plans
LIC's Jeevan Anand
LIC’s New Jeevan Anand provides financial protection against death throughout the lifetime of the policyholder with the provision of payment of lumpsum at the end of the selected policy term in case of his/her survival.
LIC's Jeevan Amar
LIC’s Jeevan Amar is a Non-Linked, Non-participating Offline Term Assurance Plan which provides financial protection to the insured’s family in case of his/her unfortunate death during the policy term. There will be a flexibility to choose from two benefit options Level.
LIC's Money Back
A Non-Linked, Participating, Limited Premium, Individual, Life Assurance plan which offers an attractive combination of protection against death throughout the term of the plan along with the periodic payment on survival at specified durations during the term.
LIC's Childern's Money Back
This plan provides financial support for the family in case of unfortunate death of the policyholders during the policy term and guaranteed lumpsum payment to the surviving policyholder at the time of maturity.
LIC's Jeevan Umang
This plan provides for annual survival benefits from the end of the premium paying term till maturity and a lump sum payment at the time of maturity or on death of the policyholder during the policy term.
LIC's Saral Jeevan Bima
LIC’s Saral Jeevan Bima Plan is a Non-Linked, Non-Participating, Individual, Pure Risk Life Insurance plan which provides financial protection to the insured’s family in case of his/her unfortunate death during the policy term.
LIC's Bima Jyoti
This plan provides financial support for the family in case of unfortunate death of the policyholders during the policy term and guaranteed lumpsum payment to the surviving policyholder at the time of maturity.
LIC’s New Critical Illness Benefit Rider
LIC’s New Critical Illness Benefit Rider is a non-linked rider which will reduce the financial burden in case the Life Assured is diagnosed as suffering from any of the pre-specified critical illnesses.
LIC's Bachat Plus
This policy is a combination that provides financial support for the family of the deceased policyholder any time before maturity and lump sum amount at the time of maturity for the surviving policyholders.
LIC's Bima Shree
LIC’s Bima Shree plan offers a combinaton of protecton and savings. This plan is specially designed for High Net-worth Individuals. It provides financial support for the family in case of unfortunate death of the policyholders during the policy term.
Frequently Asked Questions
Life insurance refers to the legally binding contract between a policyholder and an insurance company that provides financial protection to his/her family. The insurer promises to offer the insurance benefit in exchange for regular premiums paid by the life insured.
- Financial Security
- Child’s future Planning
- Disciplined Investments
- Retirement Planning
- Tax Saving
1. To ensure financial support to your immediate family after you
2. To finance your child’s education plans
3. To get a steady source of income in life
4. To get insurance benefits in case your earnings are impacted due to a critical illness
- Term Insurance
- Unit Linked Insurance Plan
- Retirement Plan
- Child Plan
- Saving and Income plans
- Group Insurance Plans
When you put Life Insurance in your financial portfolio, you can ensure that your loved ones remain financially secure throughout their lives, even if something serious happens to you. It also helps you in tax saving.
Life insurance works in three stages:
- Life Insurance Purchase
- Premium Payment
- Claim filing
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Get in touch with our team to get guidance on the best insurance policy and customized insurance plans.
