LIC Whole Life Policy Bonus Rates – Latest Rates with Maturity calculation

Recently LIC has launched bonus rates for the year 2020 – 2021. This article covers a list of all the bonus rates declared so far for LIC whole life policy. Plan Name LIC Whole Life Policy Table No (2,5,6,8,10,28 – before conversion,35,36,37,38,49,77,78,85 & 86) Types of Bonus Declared SRB, FAB, Diamond Jubilee Bonus LIC Whole … Read more

LIC Bonus Rates – Complete details with Bonus calculation

LIC Bonus rates are most important for policyholders. Every year LIC declares bonus for their policies which participate in profits. In this article we will cover all the bonuses that LIC provides to their policyholders. We will also see how to calculate Maturity Value using bonus rates. What is bonus in LIC policies? Traditional policies … Read more

How to Make Claims in LIC Policy

The core reason to purchase an insurance plan is protection of loved ones. Also to get the lumpsum amount at important milestones. In both the conditions one has to make a death or maturity claim to get the benefits. Let’s understand how to make claims in detail. There are mostly two types of claims, Death … Read more

LIC Dhan Rekha Plan 863 Review – Features & Benefit with Example

LIC Dhan Rekha Policy is a Non-Linked, Non-Participating, Individual, Savings, Money Back Plan. It offers savings and protection at the same time. It is a Money Back plan and provides you survival benefit at regular intervals. Death benefits, Maturity benefit and loan facility is also available with this plan. Plan Name LIC Dhan Rekha Plan … Read more