LIC of India has a solvency ratio of 1.85 as of March 2022. LIC is a public sector and financially a well stable company. Solvency ratio is a very important factor to consider while selecting an insurer. IRDAI publishes the solvency ratio of LIC on quarterly basis (i.e. June, September, December and March) in their … Read more
Started operations in 1956, LIC of India is India’s largest, oldest and most trusted insurance and investment company. It is governed by the Government of India. LIC Claim Process Overview LIC provides a simple and quick free claim settlement process. It has 98.62% of claim settlement ratio in the FY 2020-21. The company offers only … Read more
LIC Bima Ratna is the first plan launched after the LIC IPO. A newly launched non-linked, non-participating, individual, life insurance savings plan. It offers a combination of savings and protection at the same time. Provides financial support to the family in case of an unfortunate death of the policyholder during the policy term. Plan Name … Read more
LIC Dhan Sanchay is a newly launched non-linked, non-participating, individual life insurance savings Plan. Offers a combination of savings and protection at the same time. Provides financial support to the family in case an unfortunate death of the life assured during the policy term. Plan Name LIC Dhan Sanchay Table No. 865 UIN No. 512N346V01 … Read more
Life Insurance Corporation of India Overview : Started operations on 1st September 1956, LIC is an insurance and investment company by Government of India. LIC of India is the largest, oldest and most trusted insurance brand in India with 13.5 lakhs active agents. LIC IPO is coming soon. They have products like term plans, pension … Read more
We have made a complete list of all the bonus rates declared for all LIC policies from inception to date. List of all LIC Plans Bonus Rates. You can click on any policy name to get the details of year wise bonus rates. Table No. Policy Name Types of Bonus Declared 838 LIC Jeevan Pragati … Read more