Tag

LIC

Browsing

You all must have heard about LIC. LIC is the largest life insurance company in India. Whose sentence is that with life and even after life. Earlier, to check the policy of LIC, you had to go to its office. How many documents had to be carried there, if there was any problem in them, you had to go back to the headquarters.

That’s why LIC launched its website for the convenience of its users, in which you get all types of information related to LIC in your phone very easily, you just need to have an active internet connection. Where you can also check your policy. And whatever other services are provided by LIC. You can see that here, so in this post we will also tell you about some services, and how to check your policy? We will tell you this in detail in this post so that you can understand in easy language, and check your policy, so let’s start.

How to check LIC policy?

To check LIC policy, follow the steps given below –

  • First of all you have to visit the official website of LIC. https://www.licindia.in/ on to go.
  • When you click on this link, you will see an interface like the one given below.

how to check policy

  • After this you have to click on the second number point which is Login to Customer Portal as seen in the above interface.

how to check policy

  • In this interface you have to click on New User Registration.
  • When you click on it you will see an interface like the one below.

how to check policy

  • As you can see in the above interface, to register here you have to enter your policy number, and installment premium without text, your date of birth, your gender, your mobile number, your valid email id, your PAN The card number and your passport number are to be entered.

Policy Check

  • After entering so much information, you will be asked for some permissions, so you have to take that permission, and as you can see. That you have to click on Proceed, if all the information filled by you is correct then your registration will be completed here.
  • When you have completed all this process. Then a page of the policy will open in front of you. In which a page with all the registered policies will open in front of you with the policy nomination date, premium amount, and bonus. You can check the status of your policy by clicking on the customer policy number.
  • In this interface, when you click on Quick Service, you get information about the services offered by LIC to its users. As you can see in the interface below.

Policy

  • As you can see here you get the facility of premium calculator here.
  • Here you get the facility of a doctor.
  • You can pay your installation directly.
  • From here you can buy direct new policy.

Policy

  • When you click on Know Our Products, you will see a lot of plans in it. Like you would be seeing in the interface shown above. And understanding them, examples of some of these plans we try to explain to you from the interface given below.

Policy

  • For example, if you click on Health Plan, then you will get to see LIC Arogya Rakshak and LIC Cancer cover plan by LIC.

Policy Check Care

  • If you click on Micro Plan, then you will see plans like Jeevan Mangal and Micro Bachat through LIC here.
  • Many more plans are provided to you by LIC here, you can see them, and if you want to take them, then you can also take them here.

More LIC Policy

  • A mobile app of its own has also been launched by LIC. You can download it from play store. And here whatever policy has been taken out by LIC. You can check it here. And whatever features you get on LIC’s website, you get all those features through this app.

How to check policy through SMS?

  • To send SMS, open the message box of your mobile
  • In the message box, type ASKLIC XXXXXXXX STAT
  • send to “9222492224” or “56767877”
  • You will get live status of LIC policy through instant message and you will get error message if your mobile number is not registered.

What did you learn from this post?

When you read this post from beginning to end, how did you check policy in LIC? How can he check online from his phone? Get complete information about We have tried to give you more information related to LIC in this post. In this post, we have given you the answers to the important questions related to LIC, and what other services are provided to you by LIC, we have also tried our best to tell in this post.

Hope you liked the post, if yes! So share it as much as possible with your friends, so that they can also know about it. And do visit our website again to read our posts on similar topics. And if you think this post needs any correction. So you must give us your opinion in the comment box, we will welcome your opinion. And we will try our best to improve our post. Thanks!

read this also –

FAQs

What is the full name of LIC?

The full name of LIC is Life Insurance Corporation of India.

What is the full name of LIC in Hindi?

The full name of LIC in Hindi is Life Insurance Corporation of India.

Which is the largest life insurance company in India?

LIC is the largest life insurance company in India.

When was LIC established?

LIC was established on 1st September 1956.

Where is the head quarter of LIC?

The headquarter of LIC is in Mumbai.

Who is the present Chairman of LIC?

The present Chairman of LIC is MR Kumar.

Which are the products of LIC?

life insurance
health insurance
investment Management
mutual fund

Nowadays, there is a plethora of term insurance products readily available in the market with different terms and conditions. When it comes to making an informed choice, customers are expected to devote enough energy and time to make the right selection of the product. In addition, the product may not be of use to us due to insurance money. So for this we have brought this post for you, so that you do not have any problem in choosing it.

Hello friends, the name LIC is known to everyone from children to old people of India. Almost every Indian citizen is insured by LIC. LIC offers almost every type of insurance and one of them is LIC Saral Life Insurance. If you are interested to know about LIC Saral Life Insurance then you have come to the right place.

you in this article “What is Saral Life Insurance Plan? LIC Saral Jeevan Bima Yojana 2021 and Benefits of Insurance Scheme? If you can get information like etc., then definitely read this article till the end.

What is Saral Life Insurance Plan? Saral Jeevan Bima Yojana in Hindi

Saral Jeevan Bima Yojana is a term life insurance plan. This insurance plan is 1 non linked and non participating insurance plan. If anyone wants to take this plan, then they can go to the offline office or take it online.

What is a term insurance plan?

What is Saral Life Insurance Plan

This insurance plan offers the highest insurance cover at a very affordable premium. There is no death maturity on this plan. This plan is very cheap, which many insurance companies sell. LIC’s Saral Jeevan Policy is also one such plan.

Death benefit is available in 2 ways. Those who use a single premium policy are given 125% of the premium amount along with an assured death benefit. Those who pay regular premiums get the benefit of Assured Benefit along with the maximum premium of the last 10 premiums as Death Benefit.

What is LIC Saral Life Insurance Plan? Basic Information of LIC Saral Life Insurance Plan – LIC Saral Jeevan Bima Yojana 2021

The following basic information should be known before buying LIC Saral Life Insurance

  • People below 18 years cannot buy this plan.
  • People cannot buy this plan after 65 years of age.
  • The term of this plan ranges from 5 to 40 years.
  • Its premium can be paid in 1 year, in 6 months, in 1 month or in 1 month and all the premiums can also be paid.
  • Riders cannot take this plan.
  • There is no extra benefit of maturity.
  • This plan does not cover suicide.
  • In this policy, no loan can be taken by pledging the policy.
  • The waiting time of this plan is up to 45 days after the risk.
  • The waiting time is not valid after the policy is revived.
  • This plan also covers accidental death.
  • This plan also gets deduction in income tax under the premium section 80C.

Benefits of simple life insurance

  • death benefit
  • maturity benefit
  • large sum insured discount
  • Premium payment options
  • premium payment mode

Benefits of LIC Saral Life Insurance

The government has not put any restriction on the death benefit of LIC Saral Jeevan Bima. But LIC has fixed the rasi of 25 lakhs. One can avail death benefit up to 50 lakhs on offline term plans of LIC but the online term plan also known as Saral Bima policy is providing cover up to 25 lakhs only. If someone wants the assured benefit up to 25 lakhs, this plan will be very beneficial for him.

Process to apply offline for Saral Life Insurance

  • Visit the office of any insurance company nearby.
  • Request for Saral Bima K Application Form.
  • Along with completing the application form, attach the required documents.
  • Submit the application form to the officer in charge of the insurance company.
  • After all the verification is done, you will be informed about it.

online application process for simple life insurance

  • Visit the website of the insurance company of your choice.
  • Search for Life Insurance Plans on the homepage.
  • Click on Saral Bima Yojana under Life Insurance Plans.
  • Fill all the requested information and upload some documents which have been asked in digital format.
  • After filling the complete form click on submit.
  • After verification, you will get the notification.

What are the documents required to avail Saral Jeevan Bima?

  • Signed Proposal Form
  • KYC Documents (Aadhaar, Voter Card, Pan Card, etc.)
  • salary slip
  • passport size photograph
  • medical examination report

  • What if you have Mutual Funds? If you want to know then definitely read this post
  • If you want to know what is Health Insurance then definitely read this post.
  • What if you have Bima Kya Hai Health Insurance? then read this post

FAQ

What are the general features of Saral Jeevan Bima Yojana?

This insurance plan is accessible to policyholders between the age of 16 to 65 years. Under this insurance, the plan automatically terminates when the buyer reaches the age of 70 years. The policy has a minimum term of 5 years and a maximum term of 40 years and in this insurance plan the minimum amount is 5 lakhs and the maximum amount is up to 25 lakhs.

Can Saral Life Insurance Plans Be Purchased Online?

Yes, you can buy this insurance online as well. If you buy the plan online, a discount of 20% will be given in the premium. In addition, people will be able to evaluate various policies, prices and benefits from the convenience of their homes.

Does Saral Life Insurance Plan offer tax benefits?

When you buy simple life insurance, you will get both life cover and tax benefits. Simple life insurance premiums paid under Section 80C of the Income Tax Act of 1961 will be tax-deductible and in addition, the death benefits paid to the beneficiary are tax-free under Section 10(10D) of the Act.

Conclusion

Buying simple life insurance is as easy as buying any general insurance. I hope this article “What is Saral Life Insurance Plan? LIC Saral Jeevan Bima Yojana 2021 and Benefits of Insurance Scheme? You must have got specific information about Saral Jeevan Bima Yojana.

If you liked this article, then do tell by commenting and share the article thank you.

What What is you Life Insurance or LIC of India? And know which is the new policy of Life Insurance Corporation of India 2021? If not, then today we will introduce you to this information for you.

Hello friends, everyone will remember one thing about LIC “LIC Jeevan Saath Bhi Jeevan Ke Baat Bhi”. LIC is one of the most respected reputed institutions in India. LIC has been serving various insurance since last six decades and today is the most reputed insurance company in India.

What is Life Insurance or LIC of India? And which is the new policy 2021 of Life Insurance Corporation of India and which is the major policy. So do read the article till the end.

What is Life Insurance or Life Insurance Corporation of India (LIC)?

New Policy of Life Insurance Corporation of India 2021

Life Insurance Corporation of India (LIC) is the most well known and biggest name in the life insurance industry of India. LIC was born on 1st September 1956. Before the advent of LIC, the life insurance industry in India was very unorganized. LIC was formed by merging many small and big insurance companies by the decision of the Government of India. LIC plays an important role in the life insurance industry.

New Policy of Life Insurance Corporation of India 2021

Following are some of the major policy names and their details of Life Insurance Corporation of India New Policy 2021 LIC:

1. LIC Child Plan

In the child plan, it is ensured that along with saving for the children, insurance is also taken. Under this plan, death benefit is given to the child by the death of the parent. This lump sum amount can also be used for children’s education, marriage and other big expenses. LIC’s child plan comes with a money back system. In which for the convenience of the children, they can be registered from their birth itself.

Child plan is eligible from birth till 12 years of age, after 12 years no one can register in this plan. The maturity period of the child plan is 25 years. Till maturity, if the parents of the children are safe, then the amount assured is given along with some bonus.

2. LIC Bima Jyoti Plan

Bima Jyoti is 1 endowment plan. This plan was brought on February 2021. After some time, by keeping this policy collateral, you can also take a loan. If the policyholder dies before the risk period then all the premiums paid will be returned to them and if the policyholder dies after the risk period then they will be given the sum assured. The sum assured is 7 times the annual premium or 125% of the basic assured. Whichever bigger amount is being made from these two, the same will be provided to the policyholder as death benefit.

3. LIC Bachat Plus Plan

With the Bachat Plus plan, you can take savings as well as life protection. The death benefit given to you depends on which premium payment option you choose. There are 2 options to pay premium, first single premium and second limited period premium.

Two types of premiums can be paid under single premium. This premium will depend on your taking the death benefit. If you want death benefit 10 times of Basic Sum Assured then you have to pay premium called Option-A and if you are happy with 1.25 times of Basic Sum Assured then you have to go with Option-B.

Along with this, you get the second and 1 option, under which you keep paying the premium every few days for 1 long period and under this also you are given 2 options. Depending on the option chosen by you, you can either get a cover of 10 times the basic amount and then up to 7 times.

4.LIC New Endowment Plan

Under the new endowment plan, the death benefit will be provided to you either at least as promised and then 10 times the amount of premium paid throughout the year. If the policyholder till the time of maturity If he does not die, he will be given the assured amount as well as the bonus. The policyholder can also take a loan under this plan. The policy term cannot exceed 35 years and premium is mandatory to be paid till the policy term. You can also take this plan from 8 years to 55 years old people.

5. LIC Jeevan Stambh Plan

Through LIC Jeevan Stambh plan, you can take cover from Rs 75,000 to Rs 3,00,000. The beneficiary of this plan can be only male. Only 1 Aadhar card is required to buy Jeevan Stambh plan. The policy term can be from 10 to 20 years. The freedom to choose the policy term is given to the policyholder.

Its death benefits are also like other LIC plans in which you will be provided either 10 times the premium for the year or whatever is the amount of Basic Assurance, the larger amount of both of these. If the policyholder dies within 5 years of taking the policy, they will be given a separate bonus called Loyalty Bonus.

6.LIC Tech Term Plan

As the name suggests, this is a 1 term plan. The age of entry in this plan is 18 years and people up to maximum 65 years can take advantage of this plan. The policy term can be kept up to 40 years in which the minimum sum assured is 50,00,000. You get the death benefit on 2 options. The name of the first option is Level Sum Assured. With the Level Sum Assured option, you get the amount you are promised and pay your premium accordingly.

But the second option is called Increase Sum Assured. The special feature of this option is that after 5 years, every year 10% of the basic Rasi keeps on increasing the intelligence. Increase in Rasi will be done till the basic Rasi is doubled.

7. LIC’s New Jeevan Anand Policy

The special feature of this plan is that 1 part of the bonus you get under this plan is also taken from the profit of the company. The death benefit of this plan is also more than the basic sum assured or 10 times the premium of the year. If the policy holder does not die within the term, they are paid the sum assured as well as the bonus.

  • If you want to know what is Health Insurance then definitely read this post.
  • What if you have Bima Kya Hai Health Insurance? then read this post

FAQ’s

  1. Who is the chairman of LIC?

    Mr. M. R. Kumar is the chairman of LIC. He joined LIC in 1983 as a direct recruit. He has worked for more than LIC mai 3 decades. During his tenure, he has headed 3 zones of India. They think that by giving freedom to the people to work according to them, they are able to work better and at the same time they also collectively develop the organization.

  2. How to contact LIC? LIC Customer Care Number

    LIC Customer Care Number – +91 9222492224

  3. LIC center office address –

    Life Insurance Corporation Of India, Central Office ‘Yogakshema’
    Jeevan Bima Marg, Nariman Point, Mumbai 400021

  4. LIC full form hindi

    Life Insurance Corporation of India

Conclusion

We hope that you like this article “What is Life Insurance or LIC of India? And you must have got all the information through Life Insurance Corporation of India’s New Policy 2021 Kya Kya Hai. If you have any question or suggestion, then you can tell us through comment.
And do not forget to share this information with your friends and relatives.