What Is LIC Life Insurance?
LIC Life Insurance refers to Life Insurance Corporation of India (LIC), which is a state-owned insurance and investment company in India. Established on September 1st 1956, LIC is one of the largest and well-known life insurance providers in India. It operates under the Ministry of Finance, Government of India.
LIC Life Insurance India provides life insurance products such as term plans, saving plans, retirement plans, group plans, income plans, wealth plans, ULIP plans, etc. The Company offers simple and useful life insurance policies for both individual and group insurance that will help you meet your financial needs for every important stage of your life.
How Much is LIC Life Insurance Price Right Now?
The premium price of LIC life insurance can vary based on several factors such as the type of policy, coverage amount, age, health condition, lifestyle, and other individual factors. To get the price of a LIC life insurance policy, use the online premium calculator tool at insures website or the PolicyBachat website. In this comparison tool, all you need to do is provide personalized information based on your specific needs and circumstances. By comparing quotes online you can easily get the life insurance price right now.
Where to Buy LIC Life Insurance Policy?
You can buy LIC life insurance policy from various sources, including Insurance Companies, Insurance Agents, Online Insurance Portals, Insurance Web Aggregators, etc. But the best way to buy a life insurance policy is from the PolicyBachat website, because this allows you to compare various life insurance policies from different companies in one place. These can help you make an informed decision by providing a side-by-side comparison of policy features and premiums, benefits, etc.
How Much Does LIC Life Insurance Cost?
The cost of LIC Life Insurance can vary depending on several factors, including the type of insurance product, coverage amount, policy term, age, health condition, and lifestyle habits of the insured individual.
LIC Life Insurance offers a range of insurance products such as term insurance, endowment plans, unit-linked insurance plans (ULIPs), and more. To get an accurate idea of the cost, you would need to request a personalized quote from LIC Life Insurance Company official website or from the PolicyBachat website. It will provide you with an estimated premium based on your circumstances.
How to Calculate LIC Life Insurance Premium Online?
The premium amount is determined based on various parameters, including the type of policy, sum assured, policy term, age of the insured, income and other relevant factors. There are several ways to calculate the premium for a LIC Life Insurance policy.
- Online Web Aggregator: You can calculate LIC Life Insurance premium online at the PolicyBachat website. The calculation can be done in 2 easy steps by entering the basic details such as Gender, Salaried or Self Employed, Smoker or Non-Smoker, Annual Income, Date of Birth, Name, and Email Address. Then start calculating the premium amount by clicking Start Save Money.
- Online Premium Calculator: LIC Life Insurance provides an online premium calculator on their official website. Visit their website and look for the premium calculator tool. Enter the required details, such as age, policy term, sum assured, and additional riders, to get an estimate of the premium amount.
How to Update Pan Number in LIC Life Insurance Online?
To update your PAN number in LIC Life Insurance online, you can follow these steps:
- Go to the official website of LIC Life Insurance.
- Log in to your account by using your policy number or mobile number and DOB.
- Look for an option to update PAN details. Enter your PAN number in the designated field. It may require you to provide supporting documents to verify the updated PAN number.
- Upload and submit the PAN number and necessary documents. After submitting, you should receive a confirmation mail to your registered email address.