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Life Insurance Products
Get the latest information on all LIC's plans and all private insurance companies.
Founded in 1956,Life Insurance Corporation of India (LIC) is the Largest life insurance company in the country with a total income of Rs. 492626.60 core and total assests worth Rs. 2572028.34Cr It’s fully owned by the Goverment of the Goverment of India & is also the country largest investor.
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Plan Information
- Age Entry : 0(90 days)-65 yrs
- Max Maturity Age : 18-75 yrs
- Policy Term : 10-25 yrs
- Sum Assured : 50,000-No limit
- Sum Assured multiples : 5000
- Mode of payment : Single
- Service Tax : 4.5%
- Loan : After 1 yr
- Surrender : At any time
- On Death : SA+Bonus+FAB
- On Maturity : SA+Bonus+FAB
Single Premium
| Premium | GST(4.5%) | Payable Prem | |
|---|---|---|---|
| YLY | 87450 | 4154 | 91604 |
- Sum Assured :200000
- Bonus : 255000
- FAB:- 90000
- Maturity – 545000
Disclaimer :
The Benefits shown in this presentation are as per the 8% Benefit illustration of LIC of India, Actual values may vary, depends on the corporation profits and experience