Life Insurance Policy By Lic

A life insurance policy is an agreement between an insurance company & a policyholder that offers financial coverage under which the insurance company guarantees to pay a certain amount to the nominated beneficiary in the unfortunate event of the insured person demise during the term of life insurance plans.. Life Insurance Corporation of India (abbreviated as LIC) is an Indian state-owned insurance group and investment corporation owned by the Government of India. The Life insurance Corporation of India was founded in 1956 when the Parliament of India passed the Life Insurance of India Act that nationalised the insurance industry in India. Over 245 insurance companies and provident societies were .... The Life Insurance Corporation of India (LIC) is the largest company in the life insurance segment in India. The company offers life insurance in a diverse range of product categories including term insurance, ULIPs, endowment plans, money-back plans, retirement plans, child plans, etc. Cost is one of the major factors that people consider before signing up for a policy.. LIC of India. Life Insurance Corporation of India (LIC of India) is the only public sector life insurance company in India. It was founded in 1956 with the merger of more than 245 insurance companies and provident societies..

Life Insurance Corporation of India (LIC) is the largest insurance company in India and boasts of a very large customer base. With a claim settlement ratio of 98.04% for the year 2017-18, LIC offers a diverse range of insurance portfolio catering to various needs of its customers.. I have taken life insurance policy directly through LIC agent .This was a money back policy for the tenure of 5 years .I am paying the premium through cheque .This policy is still active on my account and the process was clearly shared by the agent .This policy was taken for my family benefits only..

HiPolicy provide the best life insurance advice with best LIC life insurance plans in Delhi NCR and all metro cities in India and guiding our clients through the entire process of life insurance.. LIC of India - Life insurance corporation of India is the best life insurance provider in India with over 2000 branches. Compare LIC policies, latest plans, policy status and claim ratio online at PolicyX.. Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefit) in exchange for a premium, upon the death of an insured person (often the policy holder). Depending on the contract, other events such as terminal illness ....