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Life Insurance Products

Get the latest information on all LIC's plans and all private insurance companies.

Founded in 1956,Life Insurance Corporation of India (LIC) is the Largest life insurance company in the country with a total income of Rs. 492626.60 core and total assests worth Rs. 2572028.34Cr It’s fully owned by the Goverment of the Goverment of India & is also the country largest investor.

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Plan Information

  1. Single Premium Age Entry : 20-60 yrs
  2. Vesting Age : 55-65 yrs
  3. Policy Term : 5-35 yrs
  4. Sum Assured : 1,50,000-No limit
  5. Sum Assured multiples : 5000
  6. Mode of payment : Single
  7. ServiceTax : 4.5%
  8. Loan : NA
  9. Surrender : At any time
  10. On Death : SA+Bonus+FAB

  11. On Maturity : SA+Bonus+FAB
  12. Regular Premium Age Entry : 20-58 yrs
  13. Vesting Age : 55-65 yrs
  14. Policy Term : 7-35 yrs Sum
  15. Assured : 1,00,000-No limit
  16. Sum Assured multiples : 5000
  17. Mode of payment : All
  18. ServiceTax 1st year : 4.5%
  19. Subsequent year : 2.25%
  20. Loan : NA
  21. Surrender : After 3 yrs
  22. On Death : SA+Bonus+FAB On
  23. Maturity : SA+Bonus+FAB
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