TYPES OF PLANS

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Endowment Plans

Endowment plan is term insurance policy with maturity benefits. In case of demise of policyholder, the Sum Assured along with accrued bonuses (if any) is paid to the beneficiary. On survival of policyholder, the same is paid on the maturity date.

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Whole Life Plans

As the name itself suggests, whole life plans provide life cover for the entire lifetime. Different plans with suitable premium options are available to match the requirements of every individual.

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Money Back Plans

A bunch of perfect plans offered by LIC to meet the insurance needs and the period financial needs of an Individual. The plans provide cash inflow at a predefined intervals.

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Term Assurance Plans

Pure Protection Plans are specially designed to offer only Life Cover at a very low premium. There are short term plans, long term plans and convertible plans in this category.

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Pension Plans

Plan now for a great and independent retired life. Choose from Immediate and deferred annuity plans to suit your retirement needs.

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Unit Linked Plans

Unit Linked Plans are investment plans for those who realise the worth of hard-earned money. These plans help you see your savings yield rich benefits and help you save tax even if you don't have consistent income.

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Children Plans

Children Plans from L.I.C. provide safeguard and planned savings for the future of your children with respect to funding their upbringing, education, career, marriage, etc. Numbers of options are available to satisfy and match your goals for your children.

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Health Insurance Plans

Health plans from LIC give you the financial security to meet health related contingencies.

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