LIC Life Insurance User Reviews
Term Life Insurance Premium Calculator
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Choose required coverage to secure your family’s future
Great customer service
InsuranceDekho is really a great platform for life insurance policies. The customer care support team is really helpful. With the consistent help, I was able to choose the LIC Bachat Plus plan. Good job guys!
Information on quotes generating factors
InsuranceDekho helped me to understand the significance of various quote-generating factors like the type of plan, policy terms, sum assured amount and so on. Based on that I generated the best quotes. I analysed them thoroughly before investing in LIC Tech Term plan.
Got to know about variety of plans
I got to know about a variety of life insurance plans like endowment plans, term plans, unit-linked insurance plans and so on InsuranceDekho. I checked their functionalities and decided to buy LIC Bachat Plus endowment plan.
Plethora of life insurance riders
I discovered a plethora of life insurance riders on InsuranceDekho. Each one has a unique function. I checked the details and bought an Accidental Total and Permanent Disability Rider under my LIC Tech Term plan. The rider allows me to earn a living and pay the due premiums in case of an unprecedented accident.
Cost-effective insurance products
The combination of insurance coverage and the premiums on InsuranceDekho are cost-effective. I have bought LIC Jeevan Amar Plan. With the Increasing Sum Assured by this plan, I have ensured the financial stability of my family in case of my demise. Since I am a non-smoker, the premium was also lower.
Got tips on how to reduce the premium
I got on how to reduce premiums for my LIC Tech Term life insurance plan on InsuranceDekho. I realized how issuing a policy online and being smart about choosing the right policy term can reduce my premium. Such an incredible platform!
Useful policy advice
Team InsuranceDekho provided me with useful advice when I was struggling to choose the most befitting plan. The executive helped me to focus more on the factors that play a crucial role in making a plan the best. Finally, I bought LIC’s Saral Jeevan Bima insurance plan.
Simple-to-use tools
I was planning to buy the LIC Life Insurance Policy. On having a word with the InsuranceDekho team, I came to know of its various benefits. Happy to share that the experts helped me with the premium calculation too. It was an easy purchase for me. Thanks, team for your help!
User Reviews on LIC Life Insurance Alternatives
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Disclaimer: InsuranceDekho does not endorse, rate or recommend any particular insurance company or insurance plan.
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FAQs
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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.
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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.
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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.
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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.