Category Archives: Articles

How To Change the Nominee and Mode in LIC Policy?

       In this article we will look at the procedure to change the mode as well as the nomination of the LIC Policy. First, we should consider, what is a Nominee. Nominee: The nominee is a person which can be identified to get the policy amount if the policy holder dies during the… Read More »

How To Change The Address In Your LIC Policy?

There are many instances, when the policyholder wants to change his address given in the policy. The address in the policy can be changed by online or offline mode. We will look at the process of changing the address in both the modes in detail. Procedure For Changing Address By Online Mode: For changing the… Read More »

How To Change The Branch Of Your LIC Policy?

There are many occasions when the policy holder wants to change the branch of the LIC policy. This can be the situation when there is a relocation of the policy holder under different circumstances. One can follow one of the three methods to change the LIC branch of the LIC policy: 1)    By contacting the… Read More »

LIC Corporate Profile in 2017

It was on 1st September,1956 the life insurance Corporation of India has being its functioning, with the objective of spreading life insurance more widely and in particular to the rural areas with a view to reach all insurable persons in the country, providing them adequate financial cover at a reasonable cost. Till date LIC has… Read More »

How to link Aadhaar Card to LIC Policies?

As per the latest circular released by Central Government vide gazette notification dated 1st June 2017, notified the Prevention of Money-laundering 2nd amendment rules, 2017. States that, to avail any financial services including insurance it is mandatory to link the Aadhar card and PAN/Form 60 to them. The directive is going to cause a lot… Read More »

How to Revive the LIC Policy and Difficulty Faced In the Revival of LIC policy

In this article, we will discuss about the difficulty faced during the revival of the LIC Policy as well as the process for the LIC policy Revival. The LIC is the topmost and Number One Life Insurance Provider of India, but still there is a need for the up-gradation of some service oriented issues. I… Read More »

Check LIC Policy status without registration by Mobile Phone / SMS

Many of the LIC Policy Holders, struggle to get the status of their policy. The reason is that, they feel problematic to visit the LIC office again and again, contacting the agent and creating the Login to check the LIC portal. But there is good news that the policy holders can check their LIC policy… Read More »

How to Calculate the Returns/Maturity on LIC Policy?

There are two types of plans in LIC, one are “with profit” plans and the other are “without profit” plans. We have to first look at what are these “with profit” and “without profit” plans. In “without profit” plans, there will be no bonus, Loyal Addition or the Guaranteed Addition payable to the policy holder and… Read More »

How to Become LIC Life Insurance Agent And Its Benefits

LIC Agent is regarded as the greatest paid occupation in the world because it is an independent profession. The duty of LIC representative is not to simply offer insurance coverage. The LIC agency primary mission is to satisfy individuals with unique specific requirements, and you will help the people to evaluate their financial situation and… Read More »