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LIC Life Insurance User Reviews

Term Life Insurance Premium Calculator

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Choose required coverage to secure your family’s future

50L
1Cr
1.5Cr
2Cr
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
  • 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! 

    R
    Raj
    On: Jul 13, 2021
  • 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. 

    I
    Ishani Barman
    On: Jul 06, 2021
  • 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. 

    P
    Purba Saha
    On: Jul 01, 2021
  • 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. 

    H
    Hemangi Bhaskar
    On: Jun 29, 2021
  • 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.  

    V
    Vinay Patel
    On: Jun 24, 2021
  • 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! 

    A
    Ashim Malakar
    On: Jun 22, 2021
  • 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. 

    P
    Pubali Mullick
    On: Jun 15, 2021
  • 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! 

    P
    Priya Mishra
    On: Invalid date

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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.