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LIC Jeevan Pragati Policy (Table no. 838) – Plan Details and Review

Last updated : 27th June, 2016 LIC has launched “Jeevan Pragati Policy” (Table Plan No. 838) in Feb 2016.   Unique Identification number of Jeevan Pragati Plan is 512N306V01. This policy is with profit endowment (savings-cum-protection) policy non-linked (not linked to stock market) This is the third policy launched by LIC in 2016 after LIC Jeevan Labh and Jeevan Shikhar In this policy, the risk cover keeps on increasing every 5 year. This is an important feature as it provides adequate risk cover against inflation as the years passes.  You can also add accidental benefit rider. Key Features Increasing Life Cover every ... Read More »

LIC e-Term Plan – Details & Review (Online Life Insurance Term Plan)

Last updated : 28th March, 2015 Finally, LIC has started offering an online term insurance plan (LIC’s e-Term Plan UIN: 512N88V01)  In this post, we will discuss the various features of this plan as well as merits & demerits, cost of LIC e-term plan etc. LIC’s e-Term is a regular premium non-participating “on-line term assurance policy” which provides financial protection to the insured’s family in case of his/her unfortunate demise. This plan will be available through ONLINE application process only and no intermediaries will be involved. A.    Key features of this plan are :   Available only through Online mode (www.licindia.in) ... Read More »

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