LIC Services

LIC Services

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LIC Services offers a wide range of services to meet the needs of its policyholders. These include LIC new policy purchases, LIC policy address changes, LIC policy nominee updates, LIC servicing branch changes, LIC plan modifications, and LIC plan term adjustments. LIC agents play a major role in the sale and services of LIC policies. LIC India also provides easy access to online services, allowing policyholders/customers to manage their policies digitally. For assistance, policyholders can reach out to their LIC agent, branch contact, or branch email for queries or support.

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LIC services ensure that all policyholder requests, whether related to premium payments, policy details, or changes to personal information, are handled efficiently. These services make LIC a reliable and customer-centric insurer.

 

Life Insurance Corporation (LIC) of India has been a trusted name in the insurance sector for decades, offering a wide range of products designed to meet the various financial needs of individuals. With the added convenience of buying policies online, LIC ensures that securing your future is now easier than ever. Whether you need a fixed monthly income, a plan for your child’s education, or a health policy, LIC has solutions that cater to every stage of life. Below, we explore the different services offered by LIC, including how to buy these policies and their unique benefits.

Why should no insurance policy be purchased without agents?

There are a lot more advantages if you buy all life and general insurance plans from an agent rather than buying online without knowing the TrueCaller. Insurance agents play an important role between the company and the policyholder. There are crores and crores of policyholders who never visited the insurance office in their lifetime, but still their insurance policy is running smoothly with the help of an insurance agent since inception.

Buying LIC Policies 

In today’s digital world, LIC has made the process of purchasing insurance policies much easier and quicker. Through LIC’s online portal, individuals can browse through a variety of plans, compare different policies, and purchase the one that best suits their needs. Whether you’re looking for a life insurance policy, health insurance, or investment plan, the entire process can be completed with just a few clicks. The simplicity and convenience of buying LIC policies online mean that you can secure your future without the need to visit an LIC office.

Buy LIC Fixed Monthly Income Policy

LIC’s Fixed Monthly Income Plan is an ideal solution for those looking for a stable income after retirement or individuals who want to supplement their existing income. This plan offers guaranteed monthly payouts, making it suitable for senior citizens or anyone looking for predictable, regular income.

Key features of this policy include:

  • Guaranteed monthly payouts: A fixed sum is paid to the policyholder every month after the policy term.
  • Flexible premium options: You can choose from multiple premium-paying options depending on your financial capacity.
  • Tax benefits: LIC’s fixed monthly income plans offer tax deductions under Section 80C of the Income Tax Act.

This plan is especially beneficial for retirees, ensuring that they have a consistent cash flow to manage their expenses.

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LIC Education Policy

The LIC Education Policy is designed to secure the financial future of your children’s education. As the cost of education rises, this plan ensures that you are financially prepared to meet the expenses for your child’s schooling, higher education, or professional courses.

Key features of this policy include:

  • Child’s future protection: Provides financial support for your child’s education, ensuring that they receive quality education regardless of the financial circumstances.
  • Flexible premium payment options: Choose the payment method that fits your financial situation.
  • Lump sum payout on maturity: The maturity benefit is paid when the child reaches the specified age, ensuring funds are available for education.
  • Risk cover: In the event of the policyholder’s death, the policy continues, and the sum assured is paid to the nominee.

Investing in this policy early on ensures that you are ready for your child’s education needs without worrying about financial constraints.

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Buy LIC Jeevan Utsav Plan

LIC’s Jeevan Utsav Plan is a limited-period non-linked endowment plan designed to offer both financial protection and savings. This plan is a great option for individuals looking to save for long-term financial goals while ensuring the security of their loved ones.

Key features of the plan:

  • Risk cover along with savings: Provides life cover while also helping you accumulate savings for future needs.
  • Bonuses: The plan benefits from a bonus facility that enhances the returns.
  • Flexibility in policy terms: Available for different policy terms, offering flexibility for the policyholder.

This plan is suitable for those looking to build wealth while ensuring their family’s protection in case of any unforeseen events.

Buy LIC Jeevan Labh Plan

LIC’s Jeevan Labh is a combination of an endowment and risk cover plan. It is ideal for individuals who wish to secure their future and build wealth over time. The plan offers a range of options, including flexible premium-paying modes, making it a popular choice among young professionals and families.

Key features of the plan:

  • Best term policy for school, college and marriage planning
  • Endowment plus risk cover: Provides life coverage along with the benefit of savings.
  • Bonus facility: The plan participates in LIC’s corporation’s bonus facility, enhancing its returns.
  • Flexibility in premium payments: You can opt for yearly, half-yearly, or quarterly premium payments.

LIC Jeevan Labh is a versatile plan, suitable for those who want to combine savings with protection.

LIC Health Insurance Policy

Health insurance is more crucial than ever, and LIC’s Health Insurance Policy is an excellent option for individuals and families looking to safeguard themselves from rising medical costs. It provides financial protection against unforeseen health-related expenses and ensures that you receive the necessary medical care without worrying about finances.

Key features of LIC’s Health Insurance Policy include:

  • Comprehensive coverage: Covers a wide range of medical expenses, including hospitalization, surgery, and outpatient care.
  • Cashless treatment: A network of hospitals offers cashless treatment, easing the burden on policyholders.
  • Tax benefits: Premiums paid for health insurance policies are eligible for deductions under Section 80D of the Income Tax Act.

This policy is an essential investment to protect you and your family from unexpected health crises.

LIC Senior Citizen Investment Policy

LIC’s Senior Citizen Investment Plan is specifically designed to provide senior citizens with a reliable source of income during their retirement years. This plan offers high returns along with guaranteed payouts, making it a perfect choice for older individuals who want to ensure financial security in their golden years.

Key features of the plan:

  • High returns: Offers attractive returns on investment, ensuring that seniors can live comfortably without worrying about financial instability.
  • Fixed income: Provides regular income payouts, making it ideal for individuals who no longer have a regular source of income.
  • No medical tests: Senior citizens can buy this plan without undergoing any medical tests, which is especially beneficial as they may face difficulty with other insurers.

This plan ensures that seniors have financial stability and the means to enjoy their post-retirement life.

LIC offers a diverse range of insurance plans, ensuring that every individual, regardless of age or financial situation, has access to products that can secure their future. Whether you are interested in fixed monthly income, education plans for your children, or comprehensive health coverage, LIC’s offerings cater to various needs. With the ease of buying LIC policies online and expert guidance available, securing your future has never been easier. If you are considering purchasing any of these plans, make sure to explore LIC’s wide range of products and make an informed decision to safeguard your family’s financial future.

LIC policyholders can visit the LIC official website at LIC Policyholder Services and get all details with reference to their existing policies.

Online LIC portal helps the policyholder access details like

LIC services for a new LIC policy, we are a call away. 

Buy LIC policy, call: 9886568000

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