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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
  • My LIC policy is ideal

    It has been a few days only since I bought my New Money Back Plan-25 Years. This policy is the best money back policy for me, be it in terms of investment or insurance. It comes at a minimal premium amount too. What else could I ask for?

    P
    Piyush Saxena
    On: Dec 03, 2021
  • Have a good plan now

    I would like to mention that I am really grateful to InsuranceDekho for guiding me for the LIC Jeevan Umang plan. I was looking for an option that can give me income as well as insurance. This is exactly what I was looking for. Would recommend it for sure!

    S
    Samrat Malik
    On: Dec 03, 2021
  • LIC is a good insurer

    Around 18-20 days back I got this LIC Jeevan Amar Policy issued. I have got life cover with it. Also, I am free to choose death benefits according to my needs under the plan. Must say LIC has kept its customers’ wishes in mind. Lastly, big thanks to InsuranceDekho for their support in its purchase process.

    S
    Sagar Mehrotra
    On: Dec 03, 2021
  • Simple plan but good

    Recently, on the recommendation of one of my friends, I have bought the LIC Saral Jeevan Bima plan. This plan is really good and gives excellent protection to loved ones against financial stress in case of unexpected events. Special mention for InsuranceDekho for getting it issued quickly.

    R
    Rakshit Rastogi
    On: Dec 03, 2021
  • Simple, good plan

    I am very lucky that I got the guidance of InsuranceDekho in buying LIC Tech Term Plan. I might have made a mistake had I bought another plan from some other insurance company. This policy caters to my financial stability needs and that too at low premium. I am highly satisfied.

    J
    Jugnu Rawat
    On: Dec 02, 2021
  • LIC is nice

    LIC is one of the most popular insurance platforms in India. I also went for the LIC New Endowment Plan after proper consultation from InsuranceDekho experts. Now I am happy and relieved that I am financially secure and have insurance cover too.

    S
    Shakti Prasad
    On: Dec 02, 2021
  • The best plan ever

    InsuranceDekho team, I really want to thank you for getting me such a good LIC plan. It is because of you that I am secured with LIC’s Jeevan Amar policy and covered & secured my family members for life. Thanks a lot for helping me safeguard my loved ones.

    V
    Vikas Kukreja
    On: Dec 02, 2021
  • Great team, superb plans

    After having a word with the InsuranceDekho team, I have become a fan of their services. This team gives you complete advice and support. This is one of the reasons why I was able to buy LIC Jeevan Umang policy without any hesitation.

    A
    Antim Shukla
    On: Dec 02, 2021
  • Great team, superb plans

    After having a word with the InsuranceDekho team, I have become a fan of their services. This team gives you complete advice and support. This is one of the reasons why I was able to buy LIC Jeevan Umang policy without any hesitation.

    A
    Antim Shukla
    On: Dec 02, 2021
  • Easy process

    I was surprised to find the LIC Jeevan Amar plan issuance process simple and hassle-free at InsuranceDekho. The team helped me throughout the process and guided me at every step. I am definitely going to recommend LIC and this excellent company to all in my known.

    D
    Divas Pandey
    On: Dec 02, 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.