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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

  • Best plan at low rates

    I am really happy with my purchase of LIC Jeevan Lakshya policy. This is a great endowment policy that I got at an affordable premium price. I am happy that I now have a plan I can rely on for my financial stability and gain insurance coverage from. Thanks InsuranceDekho for your guidance.

    S
    Sachin Kamath
    On: Dec 13, 2021

  • LIC Jeevan Amar is nice plan

    I have recently got the LIC Jeevan Amar policy issued. Special mention to experts of InsuranceDekho for making me comfortable with this plan and explaining its benefits & features to me completely. I am really satisfied that I have a dependent life plan for my family members.

    S
    Suket Sharma
    On: Dec 13, 2021

  • Simple, good plan

    I am a newbie in the insurance line. LIC Jeevan Umang is my first life insurance purchase. Being new, I had no idea of Insurance features and terms, but the InsuranceDekho team explained everything to me. I am so happy that I have a good plan for my financial support.

    R
    Rohan Mehra
    On: Dec 13, 2021

  • Good for me

    I was searching for a nice savings plan for months, but could not find any. When I talked to the InsuranceDekho team, I instantly realized that their LIC New Bima Bachat policy would be the best for me in every way. I strongly recommend it to anyone looking for a nice savings plan.

    S
    Sonu Sharma
    On: Dec 13, 2021

  • Went with LIC Tech Term

    I was planning to buy a good term insurance plan. When I interacted with the InsuranceDekho experts, I realized that LIC Tech Term policy is a superb term plan that can help me secure the financial future of my loved ones in my absence. So, I got it issued. I know I made a good choice.

    R
    Romil Srivastava
    On: Dec 13, 2021

  • Happy to have LIC by side

    I am happy and relieved at the same time to have my LIC Tech Term plan with me. Special thanks to InsuranceDekho team that they recommended this term insurance policy to me. I am glad that with this plan, my family members will be financially secure even if i am not there to support them.   

    A
    Ashok Kumar
    On: Dec 10, 2021

  • Found the best plan

    I wish to thank InsuranceDekho experts from the bottom of my heart. It is due to their regular support that I was able to get the LIC Jeevan Lakshya plan issued. Now, i am both insured and invested as i wanted. What’s best is that I don't have to pay a heavy amount to get my needs met. 

    R
    Raghu Shukla
    On: Dec 10, 2021

  • Superb plan, superb team

    I am all praises for the team of InsuranceDekho. Highly recommended from my side because these guys help you even if they have to do it again and again. Rest, i have purchased LIC Jeevan Umang plan so my concern of getting a regular payout gets resolved with this policy. So happy! 

    A
    Akshat Pandit
    On: Dec 10, 2021

  • Affordable policy

    It has been around a month or so since I got LIC Jeevan Amar policy. Much thanks to InsuranceDekho team for their guidance. I bought this plan because it gives me freedom to choose death benefits, also, i will be able to increase coverage by adding a rider at low premium cost. 

    S
    Shashikant Mishra
    On: Dec 10, 2021

  • Great company, nice people

    I will always be grateful to InsuranceDekho as they resolved one of my major concerns of having a good savings & protection plan. I am happy with the LIC New Bima Bachat I have got issued. This plan will also help me avail loan so it takes a lot of burden off my shoulders. Forever thankful to the team! 

    R
    Ramprasad Sharma
    On: Dec 10, 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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