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About LIC of India

By LIC of India - Last updated: Wednesday, January 11, 2012

The Life Insurance Corporation of India (LIC) (Hindi: भारतीय जीवन बीमा निगम) is the largest privately held state-owned life insurance company in India, and also the country’s largest investor. It is fully owned by the Government of India. It also funds close to 24.6% of the Indian Government’s expenses. It has assets estimated of 13.25 [...]

Best Plan of LIC

By LIC of India - Last updated: Friday, September 30, 2011

JEEVAN SARAL ‘JEEVAN SARAL’ is a unique plan having good features of the conventional plans and the flexibility of unit-linked plans. Salient Features Risk Coverage : First policy which provides 250 times of basic monthly premium + Return of premiums + Loyality Addition (if any). Children between age 1 to 12 years are eligible. Term [...]