Do you have a LIC of India's ULIP policy? Then it's good news for you! Now you can switch funds online in LIC ULIP policies through LIC's e-Services portal. Earlier the LIC policyholders had to give a written application in the branch to switch the funds in their ULIP policies. Now it made simple and easy as never before. So, before we know how to switch funds online in LIC ULIPs? First, we must know what are the funds in LIC ULIP policies. Funds in LIC ULIP policies Currentl

Life Insurance Corporation of India has launched a new Health Insurance plan LIC's Arogya Rakshak, Plan No. 906. LIC's Arogya Rakshak is available for sale with effect from 19/07/2021. LIC's Arogya Rakshak is a Non-Linked, Non-Participating, Regular Premium, Individual, Health Insurance plan which provides fixed benefits in case of hospitalization and for various surgical procedures irrespective of actual cost incurred and the benefit is in addition to another health insuranc

LIC's Bachat Plus, this is the name of New Plan of Life Insurance Corporation of India , Plan No. 861. Bachat Plus is a Non-Linked, Participating, Individual life insurance savings plan. LIC's Bachat Plus offers two premium payment options and those are, single premium and 5-year premium paying terms. This plan is available for online as well as offline sales from 15/03/2021. UIN of LIC's Bachat Plus is 512N340V01. This Plan is a close-ended plan i.e., this plan will be avai

Bima Jyoti, this is the name of New Plan of Life Insurance Corporation of India , Plan No. 860. Bima Jyoti is a Non-Linked, Non participating, Individual life insurance plan. Premium payment is available for limited-term ie 5 years less than the policy term. Bima Jyoti has the provision of Guaranteed addition of Rs. 50 per thousand basic sum assured throughout the policy term. This plan is available for online as well as offline sales from 22/02/2021. UIN of Bima Jyoti is 512

Yet another good news for the policyholders of LIC of India! Now you can view the images of your LIC policy in DigiLocker. If you do not know about DigiLocker , DigiLocker  is a flagship initiative of the Ministry of Electronics & IT (MeitY) under Digital India Corporation (DIC). DigiLocker aims at the ‘Digital Empowerment’ of citizens by providing access to authentic digital documents to a citizen’s digital document wallets. The issued documents in the DigiLocker system are

With recent changes in the interest rates, Life Insurance Corporation of India has closed its annuity plan Jeevan Shanti with effect from 20/10/2020. It is now relaunched the Deferred annuity plan New Jeevan Shanti. The plan number for New Jeevan Shanti is 858. This newly modified plan is available for sale from 21/10/2020. LIC's New Jeevan Shanti (Plan No 858) is a Non-linked, Non-participating, individual, single premium, Deferred Annuity Plan. The annuity rates in New J

LIC Money Back Policy the most sold policy. These policies are more popular in rural areas than in urban due to payout at a regular interval during the policy term. Since the inception of the LIC of India, these policies are available for sale with different features. There are many money back policy still serviced by LIC of India. Although we do not have any exact plan wise data, they can be 20-30% of LIC total policies (All money back policy included). LIC of India settled

देश की सबसे बड़ी बीमा कंपनी भारतीय जीवन बीमा निगम द्वारा दिनांक 17/09/2020 को अपनी सभी लाभ में सहभागी पॉलिसियों (with profit policies) के लिए देय बोनस दरें घोषित कर दी गयी हैं। ये बोनस दरें अंतर-मूल्यांकन अवधि 01/04/2019 to 31/03/2020 के दौरान की गयी पॉलिसियों में देय होगा जो कि दिनांक 31/03/2019 को पूर्ण बीमाधन के लिए चालु स्थिति में होंगी। ये बोनस दरें वित्तीय वर्ष 2020-2021 में आने वाले सभी  मृत्यु दावों या परिपक्वता दावों  (एक वर्ष की अवधि के भीतर छूट वाले लोगों सहित) एवं

Final Additional Bonus (FAB) is an additional bonus which is paid in LIC policies, other than the simple reversionary bonus. Final Additional Bonus is paid only once in the policies at the time of Maturity claim or discounted claim or death claim. The final additional bonus depends upon the sum assured in policy and term of the policy. In other words, the longer-term of the policy, the higher will be the FAB. Bonus rates for LIC of India policies are declared on 17/09/2020. T

Bonus rates of LIC of India for the year 2020-21 have been declared for all its participating policies. Loyalty Addition (LA) of all the eligible policies are declared too, including Jeevan Saral (Plan No. 165). Loyalty addition in Jeevan Saral Policy is available when the policy exits through death, maturity, or surrender after 10 years Loyalty Addition (LA) in Jeevan Saral Loyalty Addition (LA) in Jeevan Saral's policy depends on the duration of the policy completed with th

Life Insurance Corporation of India, well known by its acronym LIC is the largest Life Insurance company of India. Established on 01/09/1956, this 64 years old company is still getting strong despite the competition. Though there is lots of competition in Indian Insurance market, but LIC is still a synonym for Life Insurance. LIC Profile is getting better day by day. LIC of India has a strong network through out India. With offices covering almost every district of India, LIC

Life Insurance corporation of India is going to launch its new immediate annuity plan Jeevan Akshay VII (Plan No. 857). Jeevan Akshay VII is a Single Premium, Non-linked, Non-participating, Individual immediate annuity plan. This plan is available for sale from 25/08/2020. This plan will be having 10 immediate annuity payment options to choose from (Option A to J). These options are similar to old Jeevan Akshay VI. With the launch of this plan, LIC is also withdrawing the imm

भारतीय जीवन बीमा निगम की निवेश प्लस एक एकल प्रीमियम, गैर-सहभागिता, यूनिट लिंक्ड, व्यक्तिगत जीवन बीमा योजना है। यह एक जीवन बीमा योजना के साथ साथ एक निवेश योजना भी है। दूसरे शब्दों में, आप पॉलिसी अवधि के दौरान जीवन बीमा कवर और रिटर्न दोनों का आनंद लेते हैं। एलआईसी का निवेश प्लस ऑनलाइन के साथ-साथ ऑफलाइन भी बिक्री के लिए उपलब्ध है।

When did you last checked your insurance policy status? Do you find this question a little awkward? If yes, then you must check your policy status right away, whether Life Insurance or General Insurance. The Incident I clearly remember an incident, when I got a call in the night couple of years ago from my friend. He told me that he had met with an accident. I rushed to the place where the accident took place. My friend was good by the god's grace, but his car was in really b

LIC’s Nivesh Plus is a single premium, non-participating, Unit linked, Individual Life insurance plan. This an insurance cum investment plan. In other words, you enjoy both life insurance cover and returns together throughout the policy term. LIC’s Nivesh Plus is available for sale online as well as offline.

क्या आपने अपना एलआईसी पॉलिसी बॉन्ड खो दिया है? अब आप एलआईसी से डुप्लिकेट पॉलिसी बॉन्ड प्राप्त करना चाहते हैं? आपका पॉलिसी बॉन्ड एक बहुत ही महत्वपूर्ण दस्तावेज है। यह आपके और भारतीय जीवन बीमा निगम के बीच किये गए बीमा समझौते का मुख्य प्रमाण है। जब भी आप या आपका नामांकित व्यक्ति किसी दावे के लिए एलआईसी के पास जाता है, तो आपको या आपके नॉमिनी को मूल पॉलिसी बॉन्ड का प्रस्तुत करना होता है। पॉलिसी बॉन्ड या क्षतिपूर्ति बॉन्ड जमा किए बिना परिपक्वता और मृत्यु दावों का निपटान नहीं किया ज

Have you lost your LIC policy bond? Want to get a duplicate policy bond from LIC of India? Your policy bond is a very important document. It is the main proof of the agreement between you and the Life insurance corporation of India. Whenever you or your nominee approach to LIC for a claim, you have to produce the original policy bond. Maturity and death claims cannot be settled without submitting the policy bond or indemnity bond. In other words, if in any case, a claim arise

There are many terms that you may not be aware of related to your LIC policy. Sometimes when you are in LIC office or talking to an agent or calling LIC customer care numbers, you may feel lost if you don't know the meaning of the exact term. But to understand your LIC policy better, you must identify specific words that LIC people regularly use. Today I will try to elaborate on the standard terms regularly used by LIC agent or employee to answer your query. I hope it will he

Do you want to check your LIC policy status online? It's now very simple. You don’t have to register on the LIC customer portal ( How to Register for LIC customer Portal? ) nor have to download any app on your phone. So let's see how you can check LIC policy status online within a minute because Keeping track of your policy is important. Step 1: Open LIC of India website To check LIC policy status, open the LIC of India website on your mobile or desktop. Simply write www.lici

Moved to a new address and want to update your new address in your LIC policy? No, you don't have to visit any LIC branch to do so. Now you can change address in LIC policy online. Yes, now you change your new address easily through LIC online portal with few simple steps. Life Insurance Corporation of India (LIC) is continuously updating its online portal and providing new tools for the convenience of its policyholders. If you are already registered on LIC's Customer Portal,