LIC of India has launched 4 new plans for providing Term insurance and cover against loan repayments. The plans are namely: LIC Yuva Term LIC Digi Term LIC Yuva Credit Life LIC Digi Credit Life Let’s see these policies in…
Category: Life Insurance
Should this 44-Year Old Surrender his Rs 70 lakh Life Insurance Policy with Rs 31,000 Monthly Premium?|| Quoted (Economic Times)
I was recently quoted in Economic Times WEALTH (17-23 June 2024) in the Q&A section where a panel of experts answers readers' questions related to various aspects of their personal finances. The exact question and the answer - Here is…
LIC Amritbaal: An Exclusive Endowment insurance for Children (2024)
LIC has introduced new Non-Linked, Non-Participating endowment plan named LIC Amritbaal (Plan 874) on 17-Feb-2024. The policy UIN for LIC Amritbaal is UIN: 512N365V01. The policy is intended for parents who want to accumulate adequate corpus to meet the higher…
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No, You DON’T Get 10% Guaranteed Returns in LIC Jeevan Utsav Plan (No. 871)
LIC has launched a new life insurance plan in 2023 – The name of the new policy is LIC Jeevan Utsav (Plan No. 871), and Jeevan Utsav not only offers life insurance but is also meant to generate regular income…
Read More No, You DON’T Get 10% Guaranteed Returns in LIC Jeevan Utsav Plan (No. 871)
In hurry to Save More Taxes, Don’t End Up being Underinsured
This post is for those who still don’t feel the need for life insurance and a correct life cover amount. And more often than not, for them, insurance is just a way to save some tax. Buying insurance to save…
Read More In hurry to Save More Taxes, Don’t End Up being Underinsured
LIC Jeevan Kiran (No. 870) Return-Of-Premium Term Plan Review (2025)?
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…
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Different Types of Insurances
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 Dhan Vriddhi (No. 869) | Review of LIC’s New Guaranteed Single Premium Plan (2023)
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)
Should I Surrender LIC New Jeevan Anand & Instead Invest in Mutual Funds (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 (No. 857) | Review + Benefits | Should you Buy (2025)?
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 (2025)?
LIC New Jeevan Shanti (No. 858) | Review + Benefits (2025)
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 (2025)
All LIC Plans List (Updated 2025)
Are you looking for an updated list of all plans by LIC in India (2025)? 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…
Why You Need to Get Life Insurance?
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 (No. 862) | Review of Immediate Annuity Plan + Benefits (2025)
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…
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IRDA Life Insurance Claim Settlement Ratio 2023 (Updated)
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)