Category: Articles

Life insurance is one of the most popular insurances among policy-seekers. It is a contract between the insured person and the insurer that ensures that the insured will get a lump sum amount of money as a death benefit to the nominee if anything happens to the insured person. For that, one has to pay… Continue reading HDFC Life Vs ICICI Prudential Life Insurance

The Life Insurance Corporation of India (LIC) offers a wide variety of insurance policies that have been designed based on customer needs and budgetary constraints. Two of its plans, the LIC Jeevan Umang and LIC New Jeevan Anand, were created with the purpose of providing security to the insured’s family after his or her passing. … Continue reading LIC Jeevan Umang Vs. New Jeevan Anand

Life insurance is a relatively frequent item that is included in many people’s long-term financial planning. A life insurance policy is a means to safeguard an individual’s loved ones by giving them the money they might require after his/her passing. For instance, a person might buy life insurance to pay for his/her children’s college education… Continue reading LIC New Jeevan Anand Vs. Jeevan Lakshya

It might not be necessary to purchase life insurance for a person if no one depends on him/her or if he/she has sufficient financial resources. But if an individual has dependents who depend on him/her for financial support, he/she should consider purchasing life insurance so that the policy can cover the family members in the… Continue reading LIC Jeevan Lakshya Vs. Jeevan Umang

One should purchase life insurance as it shields their spouse and children from the potentially catastrophic financial losses that could arise in the event of their passing. It offers financial stability, aids in debt repayment, assists in covering living expenditures, and aids in covering any last or medical costs. However, when it comes to life… Continue reading LIC Dhan Sanchay Vs. Dhan Vriddhi

Life Insurance Corporation of India (LIC) is one of the most trusted and old life insurance companies that has achieved numerous milestones and broken unprecedented performance records. Its primary mission is to “Ensure and enhance the quality of life of people through financial security by providing products and services of aspired attributes with competitive returns,… Continue reading LIC Bima Ratna Vs Bima Jyoti

Life insurance becomes very important in the backdrop of rising prices, the transition to nuclear families, and changes in lifestyle habits. Every person needs to get appropriate life insurance to ensure the financial stability of their dependents before turning to other areas of financial planning. Two such life insurance plans from LIC, LIC Dhan Rekha… Continue reading LIC Dhan Rekha Vs. Dhan Sanchay

Unpredictable life situations like medical emergencies or accidents can place financial strain on families. Therefore, everyone needs to buy a life insurance policy to provide for their family’s financial future. Though there are a plethora of life insurance companies in India, a prominent player in the landscape is the Life Insurance Corporation of India (LIC).… Continue reading LIC Jeevan Labh Vs New Jeevan Anand

If anyone wishes to have long-term financial security for his/her family, then purchasing life insurance is a must. The Life Insurance Corporation of India (LIC), a well-renowned player in the life insurance sector, has a wide selection of life insurance plans according to the customers’ needs and financial capabilities. Two such significant plans are LIC… Continue reading LIC Jeevan Shiromami Vs. LIC Jeevan Tarun

Life is full of uncertainties, and having life insurance reduces stress by providing financial stability for the insured’s family. If an individual is his/her family’s primary breadwinner, he/she must purchase a life insurance policy that covers 15-20 times his/her yearly salary. With a rising number of life insurance firms offering various plans, it is easy… Continue reading LIC New Endowment Vs Endowment Plus Plan