Category: Life Insurance

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

The basic core of every solid financial strategy is life insurance. One can prepare and construct their family’s future with the appropriate insurance and sum insured without worrying about being there in person to see it or not. And when it comes to acquiring life insurance, LIC (Life Corporation of India) has been a dominant… Continue reading LIC Tech Term Vs LIC Jeevan Kiran Plan

India’s Life Insurance Corporation (LIC) is the country’s biggest provider of life insurance that has earned a reputation for offering a wide variety of policies, including term plans, ULIPs, endowment plans, money-back plans, retirement plans, etc. While term insurance policies only provide policyholders with death benefits, other insurance policies offer both death benefits and maturity… Continue reading How To File Maturity Claim For LIC Policy?

LIC of India is a vital aspect of financial planning since it protects against death and gives financial security to the insured’s family if he/she dies prematurely. Some of its plans, such as LIC Jeevan Saral and LIC Jeevan Lakshya, are so unique that they offer a good combination of ‘conventional and modern features’ plus… Continue reading LIC Jeevan Saral Vs. Jeevan Lakshya Plan

The Life Insurance Corporation of India has a wide range of life insurance products launched as per the affordability and requirements of the buyers. Two such important plans are LIC Jeevan Umang and LIC Jeevan Tarun, which are specifically designed to offer a perfect amalgamation of savings and protection to its policyholders.  Though both the… Continue reading LIC Jeevan Tarun Vs LIC Jeevan Umang

One should start making plans for their child’s education as early as feasible because it will be crucial to his or her future job. Once the future value of the child’s education has been calculated, the parents must know how much they should invest monthly or annually to amass the necessary funds for that child’s… Continue reading Max Life Savings Plan For Your Child