Surrendering Policies

    LIC lapsed policy: Get up to Rs 4,000 concession on reviving lapsed LIC policy till this date

    LIC lapsed policy: Get up to Rs 4,000 concession on reviving lapsed LIC policy till this date

    Sep 26, 2023, 11:43 AM IST

    LIC’s qualified policies can be reinstated under this special revival campaign, subject to specified criteria and limitations, within 5 years after the date of the first unpaid premium.

    LIC Dhan Vriddhi single premium life insurance plan will end on September 30: Check details

    LIC Dhan Vriddhi single premium life insurance plan will end on September 30: Check details

    Sep 25, 2023, 01:22 PM IST

    LIC's Dhan Vriddhi is a non-linked, non-participating, individual, savings, single premium life insurance plan that provides both protection and savings.

    How LIC pension policyholders can submit digital life certificate

    How LIC pension policyholders can submit digital life certificate

    Sep 8, 2023, 03:29 PM IST

    These pensioners can conveniently submit their life certificate online by downloading the LIC Jeevan Saakshya mobile app instead of going to a LIC branch to do so.

    Postal Life Insurance policy: When can you surrender PLI policy, how to surrender and more

    Postal Life Insurance policy: When can you surrender PLI policy, how to surrender and more

    Sep 8, 2023, 11:46 AM IST

    Only policies that have been in existence for at least three years and are still in effect at the end of the month in which the surrender application is submitted are eligible for surrender.

    You can save up to 80% on your term life insurance premium if you quit smoking; when and how to buy it

    You can save up to 80% on your term life insurance premium if you quit smoking; when and how to buy it

    Aug 14, 2023, 12:18 PM IST

    The additional premium that you have to pay as a smoker varies from one insurance company to another. The premium rates for smokers can be 50 per cent to 80 per cent higher than those of non-smokers, said experts. Let's understand how smoking impacts life insurance premiums, how much you pay for a cover and what you can do to reduce your premium burden

    LIC Jeevan Kiran life insurance policy: Maturity benefit, how to apply online, premium payments, death benefits

    LIC Jeevan Kiran life insurance policy: Maturity benefit, how to apply online, premium payments, death benefits

    Jul 27, 2023, 02:42 PM IST

    Jeevan Kiran plan provides financial help to the family in the event of the life-assured's untimely death during the policy term and refunds the total premiums paid in the event of survival to adulthood.

    A new term life insurance policy for diabetics: High premium but much-needed financial security, should you buy?

    A new term life insurance policy for diabetics: High premium but much-needed financial security, should you buy?

    Jul 11, 2023, 11:54 AM IST

    Bajaj Allianz Life Insurance has now come up with a term insurance plan specially designed for people who have diabetes. Named as as Bajaj Allianz Life Diabetic Term Plan Sub 8 HbA1c, it is a pure term life insurance cover. The minimum policy term will be for five years. The minimum sum assured will be Rs 25 lakh. The minimum entry age will be 30 years and the entry age goes up to 60 years for this plan. Should you buy it?

    LIC launches single-premium Dhan Vridhhi (plan no. 869) with guaranteed return; available till September 30, 2023

    LIC launches single-premium Dhan Vridhhi (plan no. 869) with guaranteed return; available till September 30, 2023

    Jun 23, 2023, 06:26 PM IST

    LIC Dhan Vriddhi is a non-linked, non-participating, individual, savings, single-premium life insurance plan which offers a combination of protection and savings. Under the LIC Dhan Vriddhi plan, the customers will have two options to choose where 'sum assured on death' can either be 1.25 times (option 1) or 10 times (option 2) the tabular premium for the chosen basic sum assured subject to certain eligibility condition.

    3-in-1 insurance: Soon, you can get life, health insurance and market linked investment in one combo product

    3-in-1 insurance: Soon, you can get life, health insurance and market linked investment in one combo product

    Jun 21, 2023, 06:58 PM IST

    Under the revised procedure, the insurers are now permitted to 'use and file' group unit-linked life and health insurance products. IRDAI has also introduced combi products — the insurance products where life insurance acts as the lead insurer. This move will allow customers to buy comprehensive insurance coverage under a single policy as insurers can offer bundled products now.

    SBI Life eases insurance claim settlement process for victims of Odisha train accident

    SBI Life eases insurance claim settlement process for victims of Odisha train accident

    Jun 5, 2023, 05:57 PM IST

    To ensure that the families of the impacted policyholders of the train tragedy receive the required support as well as to provide urgent financial relief to them.

    LIC death claim settlement: LIC announces relaxations for victims of Odisha train accident

    LIC death claim settlement: LIC announces relaxations for victims of Odisha train accident

    Jun 5, 2023, 11:18 AM IST

    Life Insurance Corporation of India (LIC) has declared relaxations for the Balasore railway catastrophe victims and will expedite claim settlements to reduce financial hardship for claimants.

    LIC Tech Term online term insurance plan: Features, benefits, eligibility, other details

    LIC Tech Term online term insurance plan: Features, benefits, eligibility, other details

    May 12, 2023, 04:31 PM IST

    Term insurance policies are most suitable for working people who have dependents (kids, parents) and want to safeguard themselves against life's unforeseen events.

    LIC Jeevan Akshay-VII annuity plan for monthly pension: Check eligibility, benefits

    LIC Jeevan Akshay-VII annuity plan for monthly pension: Check eligibility, benefits

    May 9, 2023, 12:35 PM IST

    LIC Jeevan Akshay-VII is a non-linked, non-participating individual instant annuity plan. This plan is available for offline and online purchase.

    You can no longer repay loan taken against life insurance policy using credit card: IRDAI

    You can no longer repay loan taken against life insurance policy using credit card: IRDAI

    May 5, 2023, 11:12 AM IST

    The IRDAI is discontinuing the option of re-payment of insurance policy loans by credit card. All life insurers are urged to discontinue accepting credit cards as a method of re-payment of loans made against insurance policies.

    LIC Dhan Varsha life insurance policy will close on March 31, 2023; check details

    LIC Dhan Varsha life insurance policy will close on March 31, 2023; check details

    Mar 29, 2023, 11:30 AM IST

    LIC Dhan Varsha is a Non-Linked, Non-Participating, Individual, Savings, Single Premium Life Insurance plan. You can buy this lfe insurance. This insurance plan can be purchased through online channel directly through website www.licindia.in.

    Why mutual funds plus term insurance can be better than traditional life insurance investment

    Why mutual funds plus term insurance can be better than traditional life insurance investment

    Mar 15, 2023, 12:05 PM IST

    Many traditional life insurance products offer a combination of life insurance and investment. However, most of these plans fall short in delivering adequate life insurance cover and above average return on your investment. However, if you go for a combination of a term plan for life insurance cover and mutual funds for investment you can get the best of both worlds.

    Revive lapsed LIC policy till March 24, 2023: Know how to check your premium due via WhatsApp

    Revive lapsed LIC policy till March 24, 2023: Know how to check your premium due via WhatsApp

    Feb 3, 2023, 01:49 PM IST

    This campaign, which will run from February 1 to March 24, 2023, is open to policies that have expired during the premium-paying term but have not yet finished the policy term.

    6 questions to ask before buying a life insurance policy

    6 questions to ask before buying a life insurance policy

    Jan 30, 2023, 06:30 AM IST

    Answer these questions accurately so that what should be the lynchpin of your finances doesn’t become a millstone around your neck.

    Which term insurance plan is best for you?

    Which term insurance plan is best for you?

    Jan 30, 2023, 06:30 AM IST

    These plans require a one-time lump sum payment. They suit people who don’t want to make a multi-year commitment, have a lumpy cash flow or tend to be careless about payments.

    How HDFC Life policyholders can pay premiums via UPI 123PAY

    How HDFC Life policyholders can pay premiums via UPI 123PAY

    Jan 28, 2023, 11:19 AM IST

    This special voice-based premium payment tool makes it much easier for HDFC Life members to pay their premiums.

    Page 1 of 11
    1 |
        
    The Economic Times
    >