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LIC Life Insurance User Reviews

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Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification
Rating of LIC
4.7
Based on
268 User reviews

  • Great team, excellent services

    I was recommended to buy LIC’s Jeevan Umang policy with InsuranceDekho. One of my friends had bought a life policy in the past so I was well aware of the experience he had. Let me tell you that I also received immense support from the superb team of ID during my policy issuance. Thanks to the experts here I have a good plan now!

    S
    Sanyam Jain
    On: Jan 03, 2022

  • Finally i have a good plan

    I have recently got the LIC New Endowment Plan issued. Must say it is the exact saving plan I was looking for. A big thanks to InsuranceDekho for their support in its purchase. I am so happy!

    D
    Deepesh Singh
    On: Dec 30, 2021

  • InsuranceDekho is reliable

    Ever since I bought my first insurance plan, I have depended on InsuranceDekho. This time also when I was planning to buy LIC Jeevan Umang, I just thought of the team here and the regular support they provide. A big recommendation from my side for InsuranceDekho.

    M
    Mohan Malviya
    On: Dec 30, 2021

  • Got good endowment plan

    It is very difficult for senior citizens to get a good savings plan. I am lucky enough to get InsuranceDekho’s support for buying the LIC’s Bachat Plus policy. This endowment plan is definitely what I need to secure my life after retirement.

    S
    Satya Prakash
    On: Dec 30, 2021

  • Excellent plan option

    LIC’s Jeevan Amar Plan is an excellent term insurance plan. It gives the desired financial security at low premium rates. I would like to thank the InsuranceDekho team that they helped me get the plan issued without any hassle.

    S
    Satinder Singh
    On: Dec 30, 2021

  • Got LIC plan

    This is the first time for me to buy an insurance plan. I was a bit hesitant to get the LIC New Children’s Money Back Plan issued, but when the InsuranceDekho team told me about it in detail, I got it instantly. Thanks to the experts here.

    P
    Prabha Shankar
    On: Dec 30, 2021

  • Informative website

    I was looking for a term insurance plan. Found the InsuranceDekho website having detailed information about the plans and the insurance companies. Went with the LIC Tech Term Policy as it fit my budget and fulfilled my insurance requirements.

    T
    Tribhuvan Sharma
    On: Dec 29, 2021

  • Excellent plan by LIC

    It has been around 15 days since I bought my LIC Bachat Plus plan with the help of InsuranceDekho. This endowment plan came across as extremely affordable for me and I would highly recommend it. Special mention to InsuranceDekho team for helping me buy it so easily.

    G
    Girija Shankar
    On: Dec 29, 2021

  • LIC is the best

    I already have a health insurance, so this time when I had to buy life insurance, I chose LIC only. I have got the Jeevan Amar issued with InsuranceDekho’s help. This pure protection policy is really great and comes at a low premium. Thanks to InsuranceDekho team for their regular guidance.

    D
    Dhanush Shankar
    On: Dec 29, 2021

  • Nice plan for children

    I was recommended the LIC New Children’s Money Back Plan by the InsuranceDekho experts. Must say that this policy is great in terms of benefits and coverage. I am highly satisfied that the policy takes care of my children and their financial security.

    A
    Alok Shukla
    On: Dec 29, 2021

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FAQs

  • Why should I choose the Life Insurance Corporation of India?

    Life Insurance Corporation of India is the oldest and one the largest insurance providers in India. Life Insurance Corporation provides a wide range of Term Insurance, Endowment, Money Back and Whole Life Plans. Life Insurance Corporation has featured a  high claim settlement ratio of 96.69% in the FY 2019-20.

  • What is the grace period of insurance plans offered by Life Insurance Corporation?

    LIC offers 15 days of grace period for the policies with monthly premium payment mode and 30 days for policies with quarterly/half-yearly/yearly premium payment mode.

  • Who receives the claim benefit?

    The claim benefit is payable to the nominee in case of an unfortunate demise of the life assured. In case the life assured has assigned the policy to someone, the assignee will be entitled to the benefits payable under the life insurance policy.

  • Can I file claims for LIC insurance plans online?

    To file a claim for Life Insurance Corporation insurance plans you need to visit the LIC branch office for claim intimation and assessment.

  • What are the types of Insurance plans offered by Life Insurance Corporation?

    Types of Life Insurance Corporation Insurance Plans are:

    • Term Insurance Plans
    • Endowment Plans
    • Whole Life Plans 
    • Money Back Plans.
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Disclaimer: InsuranceDekho does not endorse, rate or recommend any particular insurance company or insurance plan.

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