Category: Insurance

LIC’s Bima Diamond Plan (Table No. 841) – LIC New Money Back Policy 2016 – Details & Review

Last updated : 20th September, 2016 On the occasion of its Diamond Jubilee year, LIC has launched a new money back plan – LIC Bima Diamond (Money Back Plan 841). This is a closed ended plan and available for sale until August 31, 2017.   UIN: 512N307V01 It is a with profit, limited premium payment, money

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

Last updated : 26th August, 2019 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

Pradhan Mantri Suraksha Bima Yojana (PMSBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) – Details & Review

Last updated : 9th June, 2015 In Budget 2015, Finance minister Arun Jaitley announced these social security schemes: Pradhan Mantri Suraksha Bima Yojana (for Accidental Death and Disability), Pradhan Mantri Jeevan Jyoti Bima Yojana (for life insurance) and Atal Pension Yojna (for pension). These schemes were launched in May 2015 and will be effective from

LIC Bonus rates for 2013-2014

Last updated : 21st August, 2014 LIC has declared bonus rates for its plans for year 2013-2014. See the details below: Plan Term Reversionary   & Interim     Bonus (per 1000) Whole Life     2,5,6,8,10,28 ( before conversion),    35,36,37, 38,49,77,78,85,86   70 ENDOWMENT TYPE     14,17,27& 28( After conversion), 34, 39, 40, 41, 42,

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

Last updated : 26th August, 2019 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