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LIC of India Life Insurance User Reviews

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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

  • Quite an informative website

      The InsuranceDekho website contains a lot of informative data. I recently bought the LIC's New Jeevan Anand plan from their website. The plan is suitable for me and fulfills my requirements. While reading about various things on their website, I got a lot of informative things about different plans and policies. Happy with the purchase.   

    R
    Riya Raj
    On: Apr 06, 2022

  • Informative website

    The InsuranceDekho website contains a lot of informative data. I recently bought the LIC's New Jeevan Anand plan from their website. The plan is suitable for me and fulfills my requirements. While reading about various things on their website, I got a lot of informative things about different plans and policies. Happy with the purchase.

    A
    Ananya Yadav
    On: Mar 21, 2022

  • Availability of informative data

    The InsuranceDekho website contains a lot of informative data. I recently bought the LIC's New Jeevan Anand plan from their website. The plan is suitable for me and fulfills my requirements. While reading about various things on their website, I got a lot of informative things about different plans and policies. Happy with the purchase. 

    L
    Leena Raj
    On: Mar 02, 2022

  • Informative website

    The InsuranceDekho website contains a lot of informative data. I recently bought the LIC's New Jeevan Anand plan from their website. The plan is suitable for me and fulfills my requirements. While reading about various things on their website, I got a lot of informative things about different plans and policies. Happy with the purchase. 

    S
    Sanya Ahmed
    On: Feb 28, 2022

  • Analysis of critical illness

    I wanted a life insurance policy that can give me an alternative to analyzing critical illness; So, I went to look for it on InsuranceDekho. After a couple of days of research, I decided to buy a LIC Life Insurance policy. It’s very convenient to use this website and I am very influenced. 

    H
    Harish Goyal
    On: Feb 14, 2022

  • Reliable payment modes

    The InsuranceDekho website has safe and secured payment methods and it has a lot of information and detailed explanations of plans. I purchased a plan of LIC life insurance. 

    H
    Haripal Govind
    On: Feb 14, 2022

  • User-friendly website

    I visited InsuranceDekho’s website to purchase a life insurance policy. I purchased the LIC life insurance policy after I was able to find a detailed description of the life insurance policy on the website. The website is very user-friendly. 

    K
    Kaleshwar Gupta
    On: Feb 11, 2022

  • Affordable Plans

    I wanted to purchase a life insurance policy that has high coverage benefits at a low cost. That's why I visited the InsuranceDekho website. I found so many plans according to my choice. I decided to purchase the LIC life insurance policy. 

    F
    Falguni Rajan
    On: Feb 11, 2022

  • User-friendly website

    I visited InsuranceDekho’s website to purchase a life insurance policy. I purchased the LIC life insurance policy after I was able to find a detailed description of the life insurance policy on the website. The website is very user-friendly.

    R
    Radha Kapoor
    On: Feb 10, 2022

  • Easy plan comparison

    Comparing plans on the InsuranceDekho website is an easy task. I compared a few plans according to requirements and chose the LIC's New Jeevan Anand plan. The plan is quite suitable for all those looking for a good life cover. This plan is recommended to all. 

    R
    Riddhi Joshi
    On: Feb 09, 2022
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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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