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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

  • Trustworthy and Reliable

    When it comes to life insurance, trust is paramount. InsuranceDekho has built a reputation for being a trustworthy and reliable provider. Their LIC Life Insurance Policy is designed to deliver on their promises when it matters most.

    A
    Aruna Palani
    On: Sep 12, 2023

  • Financial Security for Loved Ones

    InsuranceDekho's LIC Life Insurance Policy has provided me with peace of mind, knowing that my loved ones will be financially secure in the event of my unfortunate demise. It's a comforting feeling to have this level of protection in place.

    A
    Aayat Khan
    On: Sep 11, 2023

  • Financial Security for My Loved Ones

    InsuranceDekho's LIC Life Insurance Policy provides the financial security I want for my family's future. It's a comforting feeling knowing they will be taken care of.

    H
    Himani Patel
    On: Sep 08, 2023

  • Customer care support

    The customer care support is impressive on the InsuranceDekho website. While buying the LIC Life Insurance Policy from their website, I had some doubts regarding the plan, I contacted them and they attended to me well and catered to all my queries quickly. The plan comes with all the features and benefits expected from a life insurance plan.

    M
    Manya Mahajan
    On: Sep 07, 2023

  • Amazing benefits

    I recently bought the LIC Life Insurance Policy from the InsuranceDekho website. The plan offers superb benefits for one to take. I am happy and satisfied with my purchase. 

    D
    Deepti Shah
    On: Sep 06, 2023

  • Affordable Protection

    The LIC Life Insurance Policy I discovered on InsuranceDekho not only offers comprehensive coverage but also comes at an unexpectedly affordable premium. It's reassuring to know that I can protect my family's future without any hassles.

    N
    Nitin Sharma
    On: Sep 05, 2023

  • The renewal process is easy

    I visited InsuranceDekho’s website to renew my LIC Life Insurance Policy. It was very easy to navigate through the website and find the renewal section. I followed the instructions mentioned. The steps are so easy. The process was completely digital and no paperwork was required. I renewed my policy easily on InsuranceDekho.

    A
    Arvinder SIngh
    On: Sep 01, 2023

  • Critical illness coverage

    I was looking for a life insurance policy on InsuranceDekho that can give me the option of critical illness coverage. After comparing so many policies. I decided of buying the LIC Life Insurance Policy. The website is very well organized I am impressed. 

    A
    Ashna Pant
    On: Aug 31, 2023

  • Excellent service

    I would like to thank the team at InsuranceDekho for their regular service and support at the time of my LIC Life Insurance Policy insurance. You guys helped me a lot in making the selection and answered every question of mine. I would also like to recommend this LIC life plan to all. 

    S
    Shobit Chaddha
    On: Aug 29, 2023

  • Faced no hassles during the purchase

    Purchasing a term insurance policy was quite an easy task with InsuranceDekho, the purchasing process was digital, time-saving, and very convenient. I bought the LIC- Life Insurance Policy from InsuranceDekho within a few minutes and without any hassles. I am very satisfied with my purchase with InsuranceDekho. 

    A
    Ankit Batra
    On: Aug 28, 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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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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