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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

  • Payment was easy

    I am here to appreciate the team of InsuranceDekho for their guidance. I was stuck during the payment of my LIC Tech Term policy purchase. The experts helped me with the payment process after which I was able to pay the premium in a quick and hassle-free manner. Highly recommended to others!

    A
    Ankit Nagpal
    On: Dec 24, 2021

  • Found best life plans

    I was in search of a good life plan for months. Finally when I had a word with the InsuranceDekho team, I was able to buy the LIC New Jeevan Anand policy. I was new to the endowment policy so the team guided me with its benefits and features. I ultimately understood the plan and purchased it a week back. -

    T
    Tejas Dutta
    On: Dec 24, 2021

  • High CSR

    I was confused between a few life insurance companies for picking the best plan. Ultimately, I checked the website of InsuranceDekho for claim settlement ratios. After comparison, I chose the LIC Jeevan Umang policy. Now, I am fully satisfied and happy with my decision. Highly recommended to all!

    N
    Nihit Yadav
    On: Dec 24, 2021

  • Claim settlement is easy

    I was looking for a good protection plan. Finally, I followed my friend's advice and  checked the InsuranceDekho website. I chose the LIC Tech Term policy. Was a bit confused about the claim settlement process but the team guided me with it. Kudos to the team for the great work!

    J
    Jai Pratap
    On: Dec 24, 2021

  • Nice policy, fits me well

    My search for a good endowment plan ended at InsuranceDekho. The expert team here told me about the LIC Bachat Plus policy and its features & benefits. I instantly knew it was the one for me. Got it issued within a day and now I thank the team for their immense support.

    M
    Madan Malviya
    On: Dec 24, 2021

  • Good whole life plan

    LIC Jeevan Umang is a nice whole life policy at low premium. I want to thank the InsuranceDekho team for suggesting this policy to me. Anyone looking for the best life plans must choose ID as their guidance as the team here is very professional and friendly.

    A
    Abbal Rawat
    On: Dec 23, 2021

  • Bought endowment plan

    I got myself the LIC New Endowment Plan about 4 days back. Out of all the options that the InsuranceDekho team recommended, I found this plan to be the best. I am getting guaranteed returns and bonuses at less premium. What else could one want more.

    S
    Shobhit Arora
    On: Dec 23, 2021

  • Perfect purchase for me

    I have bought insurance from InsuranceDekho before. After my health plan, I got the LIC New Money Back Plan-25 Years this time. Again, thanks to InsuranceDekho experts who cleared all my doubts regarding the policy and explained the claim process so well.

    A
    Amit Joshi
    On: Dec 23, 2021

  • My LIC plan is good

    I was advised to go for the LIC Jeevan Amar plan by one of my friends. I too went ahead to buy it due to the flexibility in death benefits features. Also, my sincere thanks to the InsuranceDelho team for helping me with the issuance process.

    S
    Saurabh Kumar
    On: Dec 23, 2021

  • Perfect plan, fits me

    LIC New Bima Bachat plan is the perfect plan I found for savings and protection. You get the policy at a low premium cost. What’s best is that the team here at InsuranceDekho makes the entire process of buying the policy easy and quick. Highly recommended!

    A
    Apratim Saha
    On: Dec 23, 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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