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LIC Jeevan Ankur Child Plan Review

The latest plan introduced by LIC is this LIC Jeevan Ankur which is yet another child plan from them.  This plan was introduced from January 23, 2012 to general public.  According to them this plan protects your children during their growing up years and help them fulfil their education needs and other financial needs from [...]

How to apply for NEFT for policy payment with LIC

After the recent Reserve Bank of India (RBI’s) instruction now it has become mandatory for all the existing and new policy holders of Life Insurance Corporation (LIC) to give their existing bank’s details for the National Electronic Fund Transfer (NEFT) of the policy payment henceforth.  This means that all your payment that you receive from [...]

Review of LIC Jeevan Arogya Plan

LIC has recently introduced the Jeevan Arogya which is more of an health insurance than that of the life insurance per se.  It is a non-linked Health Insurance plan and offers you complete health insurance needs if you have been diagnosed with certain medical conditions and will help you and your family with financial assistance [...]

LIC Samridhi Plus Unit Linked Insurance Plan

From the stable of Life Insurance Corporation (LIC) here is another ULIP namely Samridhi Plus (Table No. 804).  This plan was launched only this month (February 2011).  This plan guarantees you highest NAV of 100 months or the NAV at maturity, whichever is higher.  It is said to offer you with growth, safety and protection [...]

LICs Bima Account Non-Linked Life Insurance

LIC of India has recently introduced a new non-linked variable life insurance plan namely Bima Account which offers the blend of insurance cum investment in one policy and also with guaranteed returns.  This plan from Life Insurance Corporation of India comes with two options namely Bima Account 1 (plan 805) and Bima Account 2 (plan [...]