LIC was created in 1956 with the objective of spreading Life insurance widely in India to provide insurance at a reasonable cost. Among the tough completion today, LIC continues to be the dominant and most trusted insurer in India LIC has the unique mission to protect and light the lamp of security in as many as possible homes in India.LIC provides best suitable insurance plans for all economics categories of the people with duel nature of long life protection and savings that help at the time of need,like education of children, hospitalization .

How LIC Policies Work ?

Most of the investors just take things for granted and keep dragging the policies assuming it would be the best thing in their financial life. In this article, I will show you how Life Insurance Corporation (LIC) policies work and talk about few aspects like LIC bonus, LIC premiums, and different other aspects which will help you in understanding how these policies work.

Type of LIC Policy

» LIC Jeevan Pragati
» LIC Jeevan Labh
» LIC Single Premium Endowment Plan
» LIC New Jeevan Anand
» LIC Jeevan Rakshak
» LIC Limited Premium Endowment Plan
» LIC Jeevan Lakshya
» LIC Aadhaar Shila
» LIC Navjeevan Whole Life Plans
» LIC Jeevan Umang