LIC has launched a new term life insurance plan in 2023 – The name of the new policy is LIC Jeevan Kiran (Plan No. 870). It’s a simple a non-linked, non-participating, term life insurance policy but with added benefit that…
Read More LIC Jeevan Kiran (No. 870) Return-Of-Premium Term Plan Review (2023)?
In addition to the commonly discussed life insurance and health insurance, there are several other types of insurances that people need to be aware of. In general, an insurance is a contract between an individual (the insured) and an insurance…
LIC has recently launched a new single premium guaranteed endowment policy named LIC Dhan Vriddhi (Table No. 869). The policy offers dual benefits of investment as well as life insurance coverage throughout the policy’s term for a single premium. The…
Read More LIC Dhan Vriddhi (No. 869) | Review of LIC’s New Guaranteed Single Premium Plan (2023)
Many people at the start of their earning years, had got introduced to LIC via some relative/friend of the family who forced them to buy LIC New Jeevan Anand at the start of their careers as investments and for tax-savings.…
Read More Should I Surrender LIC New Jeevan Anand & Instead Invest in Mutual Funds (2023)?
LIC Jeevan Akshay VII (Plan 857) is an immediate annuity plan by LIC that provides annuity starting immediately to the policyholder on payment of a one-time lumpsum amount. If you want to know more about this LIC Jeevan Akshay VII…
Read More LIC Jeevan Akshay VII (No. 857) | Review + Benefits | Should you Buy (2023)?
LIC New Jeevan Shanti (Plan 858) is a deferred annuity plan by LIC, where you need to pay the one-time lumpsum premium at once, but you need to pick a deferment period (up to 12 years), only after which the…
Read More LIC New Jeevan Shanti (No. 858) | Review + Benefits (2023)
Are you looking for a updated list of all plans by LIC in India (2023)? Then this detailed article all LIC Plan list will provide you with the details of all the plans launched by LIC with Product UIN and…
When it comes to correctly putting the building blocks of your personal finance, Life insurance is the first tool that you should consider to secure the well-being of your family and dependents. In fact, it should always be insure first…
LIC Saral Pension Plan (Table No. 862 - 512N342V04) is a standard immediate annuity plan by LIC, where you need to pay the one-time lumpsum premium and you start getting your annuity income immediately. LIC already has an immediate annuity…
Read More LIC Saral Pension Plan (No. 862) | Review of Immediate Annuity Plan + Benefits (2023)
The latest update for 2023 Life Insurance Claim Settlement Ratio has been published by IRDA (link). If you are looking for the highest claim settlement ratio in life insurance or the best life insurance company in 2023 (based on claim…
Read More IRDA Life Insurance Claim Settlement Ratio 2023 (Updated)
LIC’s Jeevan Azad (Table & LIC Plan 868) is a traditional, non-participating, endowment policy by LIC, which offers guaranteed, tax-free maturity proceeds. Should you buy this traditioanl endowment plan from LIC in 2023? If you want to know more about…
Read More LIC Jeevan Azad (Plan 868) Review & Benefits | Should you Buy (2023)?
What is a Zero-Cost Term Life Insurance Plan that is being sold by insurance companies in India (2023) these days? Is it different from Return-Of-Premium Term Plans and if yes, what is the difference? And is the Zero-Cost Term Insurance…
Read More Should you Buy new Zero-Cost Term Insurance Plan (2023)?
LIC has declared the LIC bonus rates (year 2022–23) for all LIC policies. The declared bonus rates are applicable for the for the valuation period 1st April 2021 to 31st March 2022. These bonus rates are based on March 2022 valuation done by…
Read More LIC Bonus Rates (2022-2023): Complete List of Bonus Rates for LIC Policies
LIC SIIP is not SIP. I repeat. LIC SIIP is not a SIP that you know about. LIC has a ULIP plan which is (surprisingly) called LIC SIIP (2023). Why the choice of name is surprising is that the word…
Read More LIC SIIP is NOT a SIP. Avoid this ULIP named SIIP (2023)
LIC Dhan Varsha is a Non-Linked, Non-Participating, Individual, Single-Premium, and Guaranteed Life Insurance plan. The policy offers dual benefits of investment as well as life insurance coverage throughout the policy’s term for a single premium. The plan was introduced in…
Read More LIC Dhan Varsha (No. 866) | Review of Guaranteed Single Premium Plan (2023)
