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LIC Jeevan Anand Life Insurance User Reviews

267 reviews Rate This
LIC
Highlights
Claim Settlement Ratio98.62%
Customer Care8:00 AM to 8:00 PM
Death Benefit Paid For73,3809 Policies
Inception1956
Presence2048 Branches
Total Death Benefit Paid12797.85 Crore
Rating of LIC Jeevan Anand
4.6
Based on
12 User reviews

  • Customer-oriented Services

    Kudos to the entire team of InsuranceDekho! I am amazed by your services as they made my purchasing process simple and easy. I bought the LIC of India- LIC Jeevan Anand from the company’s official website. The pros and cons of all the life insurance policies were explained in detail on their website. I will advise InsuranceDekho to everyone. 

    S
    Saanvi Nagpal
    On: Jun 23, 2023

  • Easy to explore the website

    While buying the Life Insurance Corporation of India-  LIC Jeevan Anand, I was very impressed that InsuranceDekho had such a website that simply made the entire process very smooth for me. I was able to dig all the relevant information easily, thanks to the user-friendly interface of the InsuranceDekho website. 

    D
    Dia Ahuja
    On: Jun 14, 2023

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.
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Claim Process at LIC of India Life Insurance

  • 1

    Claim Intimation

    In the event of the death of the life assured, the insurance company should be intimated as early as possible.
  • 2

    Submission of Documents

    For easy claim settlement, claim form, original policy document, death certificate and others documents should be submitted on time.
  • 3

    Claim Evaluation

    After successful submission of documents, the insurance company will thoroughly evaluate the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim is settled within 30 days. In case of additional investigation, claim process may take 120 days.

LIC of India Life Insurance Contact Details

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