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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
  • Got a whole life plan

    LIC Jeevan Umang was easy for me to buy. All the credit goes to the commendable team of InsuranceDekho. These guys know all about the plans and explain them to you very nicely. I am so happy that I got a beneficial and reasonable plan without much effort.

    S
    Sankalp Vaish
    On: Dec 15, 2021
  • Nice endowment policy by LIC

    It has been about 10 days since I bought the LIC New Endowment Plan. Out of all the options that I was recommended by the InsuranceDekho team, I opted for this one as it has guaranteed returns and bonuses. The premium is also less so that works in my favor.

    S
    Sohan Rawat
    On: Dec 15, 2021
  • Perfect purchase

    This is my second purchase from InsuranceDekho. Earlier I had got a health plan issued and now I got the LIC New Money Back Plan-25 Years. All thanks to InsuranceDekho experts who advised me on such a good plan. Highly recommended to all!

    J
    Jeevan Singh Sharma
    On: Dec 15, 2021
  • This LIC plan is good

    I was advised to buy the LIC Jeevan Amar plan by one  of my friends. I too was keen on buying it. The prime reason was that the plan features flexibility in death benefits. I am definitely going to recommend this plan to others also.

    R
    Rakesh Saxena
    On: Dec 15, 2021
  • Perfect plan

    LIC New Bima Bachat plan is the perfect combination of savings and protection. One of the biggest benefits is that it comes at a low premium cost. I did not face any issue buying it because InsuranceDekho made the entire issuance procedure smooth.  Thanks a lot!

    C
    Chaitanya Sharma
    On: Dec 15, 2021
  • Services are excellent

    The InsuranceDekho has won my heart for their fabulous services. I was highly confused about buying a life insurance plan. They not only understood my protection plan requirements well, but also recommended the LIC Tech Term policy. I am so happy with the support received.

    S
    Shubham Asthana
    On: Dec 14, 2021
  • Superb policy by LIC

    New Money Back Plan-25 Years is a great LIC policy that I came across a few days back. This is a superior plan for investment or insurance purposes. What I found the best is that it came at a low premium rate. Thanks to the InsuranceDekho team for their regular support even when I was so much confused.

    A
    Avik Dutta
    On: Dec 14, 2021
  • I have the ideal plan now

    My sincere thanks to the team of InsuranceDekho for helping me buy the LIC Jeevan Umang plan. This is the best plan for me where I am getting the perfect combination of income as well as insurance. My high recommendations for this plan as well as InsuranceDekho for policy issuance process.

    S
    Samrat Malik
    On: Dec 14, 2021
  • Found the best company and plan

    I am here to appreciate the team of InsuranceDekho. It has been a month since I got my LIC Jeevan Amar Policy issued. I have received the freedom to choose death benefits as per my wish. Moreover, the other policy features and benefits are as I expected.  I am really happy that I got the best plan and the company to get it issued.

    V
    Vikas Singh
    On: Dec 14, 2021
  • Good protection plan

    I was going through the website of IsnuranceDekho for a term plan. I noticed LIC Saral Jeevan Bima and enquired about it. On talking to the team, I got to know that this is a simple protection plan that helps you gain financial security at low premium rates. I also got the plan issued right away so I am secure.

    R
    Ritwik Das
    On: Dec 14, 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.