Car insurance is a type of general insurance policy that provides financial protection against losses or damages incurred in the event of an accident or theft involving your car. It is designed to protect you financially and help you pay for repairs, medical expenses, and liability claims if you are at fault in an accident. Types of car insurance Liability insurance - this covers the cost of damage or injury you cause to others in an accident, and it is mandatory in most sta

In today's fast-paced world, health insurance (HI) has become an essential part of our lives. It provides financial protection against medical emergencies and helps us access quality healthcare services. Here are five reasons why health insurance is very important today: Protection against high medical costs: HI provides financial protection against high medical expenses. Medical treatments can be very expensive, and a single medical emergency can quickly drain your savings.

Like past many occasions, the Life Insurance Corporation of India (LIC) has come up with a new Revival Campaign. Basically,  the motive of the campaign is to reduce the lapsation of policies and renew the relation with old policyholders. Therefore increase the persistency ratio. This special campaign is from 01/02/2023 to 24/03/2023 . During this campaign, policyholders can revive their lapsed policies with concessions in the late fee. 1. Policies that are eligible for Revi

LIC’s Jeevan Azad (Plan No. 868) is the name of the new life insurance plan of Life Insurance Corporation of India . Jeevan Azad is available for sale with effect from 19/01/2023. LIC’s Jeevan Azad is a Non-Linked, Non-Participating, Individual, Savings Life Insurance plan, limited Premium Endowment plan where the premium paying term is 8 years less than the policy term. This plan is available only to standard lives. There will be no medical up to 300000 of the sum assured on

If you are looking for life insurance, then it is important to get it early in life. But why? There are many reasons to take life insurance early in life. You need risk cover Life insurance is a necessity for everyone, but it’s especially important for people who are at risk of living in old age. Because you can’t control how long you live, taking life insurance early will provide financial protection for your family in case something happens to you and they need money. Takin

LIC’s Dhan Varsha (Plan No. 866) is the name of the new life insurance plan of Life Insurance Corporation of India . Dhan Varsha is available for sale with effect from 17/10/2022. It is a close-ended plan and will be available for sale up to 31/10/2023. LIC’s Dhan Varsha is a Non-Linked, Non-Participating, Individual, Savings, Single Premium Life Insurance plan which offers a combination of protection and savings. This plan provides financial support for the family in case of

Life Insurance Corporation of India has more than 12 lakh agents (know more about LIC Profile 2020 ). Some of these agents are very successful and give consistent business year by year. Based on the performance of these agents, LIC gives them club membership. इस पोस्ट को हिन्दी में पढें: एलआईसी अभिकर्ताओं के लिए क्लब सदस्यता की शर्तें These club memberships are based on the business the agents have procured over the last 3 consecutive years. In other words, the higher the bus

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

Why the Aadhaar PVC card? Aadhaar Card, it has now become a generic word for KYC in India. It serves as an all in one document almost in every department. Whether you must submit an identity proof, here is the Aadhaar Card. Submit address proof? Here you go, Aadhaar Card!. Therefore, keeping the Aadhaar Card every time with you is always good. To keep in view of this UIDAI is now issuing Aadhaar PVC Card. It is more convenient to keep in wallets and durable. What is an Aadha

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

आपने हमेशा अपने जीवन को उसी तरह से जीने का सपना देखा होगा जैसा आप चाहते हैं - जैसे कि आपके 30 के दशक में दुनिया की सैर पर जाना या जल्दी रिटायर होना। हालाँकि, आप में से बहुत से लोग ऐसा नहीं कर पाएंगे, जब तक आप अमीर पैदा नहीं होते या वित्तीय स्वतंत्रता हासिल नहीं करते। वित्तीय स्वतंत्रता, वास्तव में, नियमित रूप से पूर्णकालिक नौकरी नहीं करने या व्यवसाय चलाने के बावजूद स्वयं और परिवार के सदस्यों के खर्चों की देखभाल करने के लिए पर्याप्त आय होने की विलासिता है। अपनी तरफ से वित्तीय