The profit earned by LIC is shared to it’s participating policies through bonus declaration. 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 Jeevan Mitra Plan. Plan Name LIC Jeevan Mitra (Double Cover Plan) Table No 88 … Read more
LIC declares 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 Money Back Policy 20 years. Plan Name LIC Money Back Policy 20 years Table No 75 Types of Bonus Declared … Read more
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