Every year LIC launches bonus rates for it’s participating policies. 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 Endowment Assurance Policy. Plan Name LIC Endowment Assurance Policy Table No (14,17,27 – after conversion, 28 – after … Read more
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 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
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 is a Money Back Plan launched by LIC which is not linked with market. It provides a great combination of protection and savings. This plan can be purchased online as well as offline. Let’s see the step by step process to buy LIC Dhan Rekha Plan. How to Buy LIC Dhan … Read more
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