LIC of India User Reviews
Claim Settlement Ratio | 98.62% |
Customer Care | 8:00 AM to 8:00 PM |
Death Benefit Paid For | 73,3809 Policies |
Inception | 1956 |
Presence | 2048 Branches |
Total Death Benefit Paid | 12797.85 Crore |
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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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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FAQ About LIC of India
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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.
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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.
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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.
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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.
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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.