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LIC of India Life Insurance User Reviews

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Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification
Rating of LIC
4.7
Based on
267 User reviews

  • Exceptional Team Support

    I recently had an outstanding experience with InsuranceDekho's support team regarding my LIC life insurance policy. Their exceptional dedication to customer satisfaction reaffirmed my confidence in both InsuranceDekho and LIC life insurance.

    V
    Vishesh Arora
    On: Mar 11, 2024

  • Buy Conveniently

    Nice place to purchase a Life insurance policy. I bought the LIC Life Insurance Plan. The process was quite smooth and easy. The policy tracking feature is very impressive. It's been a week since I bought the LIC life insurance policy. It was easy for me to know the status of my plan on InsuranceDekho’s online portal.

    M
    Manish Rathor
    On: Feb 09, 2024

  • Recommended Service

    This platform is my favorite place to buy a Life insurance policy. I bought the LIC LIfe insurance plans from Insuranedekho’s website. All the documentation and paperwork were done online easily and safely. I recommend everyone who is looking forward to buying an affordable life insurance plan.

    S
    Soniya Rajput
    On: Dec 12, 2023

  • User-friendly website

    The website of InsuranceDekho is extremely easy to use. I was easily able to scroll through the different sections of the website when I was buying LIC Life Insurance Policy from InsuranceDekho. 

    S
    Shreya Deol
    On: Nov 24, 2023

  • Smooth process

    The overall process of buying the LIC Life Insurance Policy from InsuranceDekho was quite easy. On the website, a range of plans was available and all the information related to plans was provided there.

    S
    Samir Hussian
    On: Nov 21, 2023

  • Peace of Mind for Parents

    I got the LIC Life Insurance Policy through InsuranceDekho to secure my family's future. It's a great relief knowing my parents will be financially secure, even when I'm not around.

    S
    Sandeep Kaur
    On: Nov 15, 2023

  • Savings with InsuranceDekho

    I saved a significant amount on my LIC Life Insurance Policy premiums by using InsuranceDekho. Their comparison tool helped me find the best deal without compromising on coverage.

    A
    Aastha Singh
    On: Nov 08, 2023

  • Online Convenience

    InsuranceDekho's online platform made it convenient for me to research, compare, and purchase the LIC Life Insurance Policy from the comfort of my home.

    A
    Anuradha Raut
    On: Nov 07, 2023

  • Great for First-Timers

    For a first-time life insurance buyer, InsuranceDekho's website and customer service provide a reassuring experience. I could without any assistance look up for life policies and compare and buy the LIC Life Insurance Policy.

    S
    Suhana Lal
    On: Nov 03, 2023

  • Responsive Support Team

    Whenever I had a question or concern for my LIC Life Insurance Policy, the support team at InsuranceDekho was quick to respond and resolve my queries.

    G
    Govind Kumar
    On: Nov 02, 2023
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Why to Buy Life Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 1,50,000*
  • Claim support everyday 10AM-7PM
  • 66 Lacs+ happy customers

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Disclaimer: InsuranceDekho does not endorse, rate or recommend any particular insurance company or insurance plan.

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.

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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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