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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

  • Excellent service

    I would like to appreciate the team at InsuranceDekho for their regular service and support at the time of my LIC’s Tech Term policy insurance. You guys helped me a lot in making the selection and answered every question of mine. I would also like to recommend this LIC term plan to all.

    V
    Vijay Solanki
    On: Dec 01, 2021

  • Got the best LIC policy

    I was looking for a great money back plan for the past few days. Thanks to InsuranceDekho, I found LIC’s New Money Back Plan-25 Years. This is the perfect solution for me to receive guaranteed money back and ensure that I do not lack funds at any time. Highly recommended to others like me!

    G
    Gaurav Gera
    On: Dec 01, 2021

  • Nice plan

    I am writing this review after my LIC Saral Jeevan Bima plan purchase. I got to know about this plan from the InsuranceDekho website. Further, on connecting with the experts, I came to know of all its benefits and features. I would state that this is the best decision I made regarding life insurance as I got a lot at less premium.

    S
    Shantanu Misra
    On: Dec 01, 2021

  • Bought the best plan

    It has been a month since I got my LIC Jeevan Umang plan issued. This is a whole life plan that will help me gain income as well as protection. I am also relieved as this policy will give my family members a lump sum amount in case of my death. Anyone who wants both income and financial security must opt for it. Thanks InsuranceDekho for your recommendation.

    N
    Nihar Bhasin
    On: Dec 01, 2021

  • LIC is reliable

    One of my relatives had recommended me LIC for buying insurance. Glad I listened to his advice and bought the LIC Jeevan Amar Policy. This plan gives me life coverage as well as the freedom to choose death benefits as per my needs. Thanks InsuranceDekho for supporting me in getting it issued.

    U
    Utkarsh Singh
    On: Dec 01, 2021

  • Got superb plan by ICICI

    It has been around 20 days since I got my ICICI Prudential Guaranteed Wealth Protector plan issued with the support of InsuranceDekho. I was looking for an affordable and reliable ULIP for insurance and investment purposes. Thankfully, the InsuranceDeko team guided me with the right thing.

    M
    Meghav Pandey
    On: Nov 22, 2021

  • Premium calculator is very efficient

    InsuranceDekho’s online premium calculator was very efficient, it displayed insurance plans that were suitable according to my budget. I chose LIC’s Jeevan Umang after comparing different plans that fit my budget. 

    Y
    Yatin Kapoor
    On: Jul 27, 2021

  • Generating quotes was easy

    I was interested in LIC Saral Jeevan Bima so I provided my personal details for quotes purposes. Thanks to InsuranceDekho, I got the quotes easily and quick.   

    B
    Basant Verma
    On: Jul 22, 2021

  • Good customer service

    I was very unsure about my first life insurance purchase. As advised by my friend, I spoke to one of the InsuranceDekho experts and immediately got the LIC New Jeevan Anand plan issued. Kudos to the team here! 

    A
    Arvind Malviya
    On: Jul 20, 2021

  • Economical rates

    The policies available for purchase on InsuranceDekho have economical rates. This is why they can be afforded by a wide range of customers irrespective of their financial backgrounds. I found LIC Life Bima Jyoti plan as per my budget. 

    O
    Oindrila Karmakar
    On: Jul 15, 2021

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Disclaimer: InsuranceDekho does not endorse, rate or recommend any particular insurance company or insurance plan.

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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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