This is a with-profits whole of life plan which provides
for annual survival benefit at a rate of 5½ % of the Sum Assured
after the chosen Accumulation Period. .
This plan is a combination of Endowment Assurance and Whole
Life plans. It provides financial protection against death
throughout the lifetime.
This is an Endowment Assurance plan. The plan provides financial
protection against death throughout the term of the plan..
Some people, particularly the younger ones, want to have
high cover at a low cost. Further, many of them do not want
commitment to pay premiums for a longer duration..
This is an Endowment Assurance plan that provides greater
financial protection against death throughout the term of
plan. It pays the maturity amount on survival to the end of
the policy term..
This plan is specially designed to meet the increasing educational,
marriage and other needs of growing children. .
Life Insurance Corporation of India (LIC) is a Government of India enterprise, and is said to be the largest life insurance company and also the largest investor of the country. LIC had been established on the 1st of September, 1956.
The headquarters of Life Insurance Corporation of India are located in Mumbai, and as of April 2009 it has 8 zonal offices, 101 divisional offices and 2048 branches located in different towns and cities of India.
During the financial year 2006-07, the total number of Life
Insurance Corporation of India policy holders were more than
200 Million, which was equal to the population of fourth largest
populous country in the world at that time.
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