Policy Servicing Archives - Insurance Funda

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Empower Your Future with LIC’s Jeevan Kiran (Plan 870): A Zero Cost Term Assurance Plan
Secure Your Future with LIC’s Dhan Vriddhi (869): A Comprehensive Guide with Illustrations and Benefit Analysis
LIC Bonus Rates -2022 – 23 |Explained with Charts and Illustrations
Death Claim Settlement Ratio 2020-21 |Best Life Insurance Company (India) 2022
LIC’s Dhan Rekha – Plan 863 -Guaranteed benefits money back plan

Pay LIC Premium through BillDesk Instapay

July 21, 2019July 21, 2019 Anish L J 1990 Views LIC online premium payment, Premium Payment

Life Insurance Corporation of India has introduced a new channel in connection with the popular BillDesk platform to facilitate a simple, convenient and secure way to pay renewal premium. Read More…

LIC financial Transaction Interest rates

LIC of India Policy Servicing

Interest Rates Applicable – LIC Transactions

July 4, 2019July 4, 2019 Anish L J 1626 Views interest rates, LIC of India, Policy Serviceing

Latest interest rates applicable for various financial transactions at Life Insurance Corporation of Inda (LIC) is explained in detail… Read more….

Successive / Alternative nominations everything you need to know

Insurance Basics Policy Servicing

Successive / Alternative Nomination – Why it is so important?

March 9, 2019March 9, 2019 Anish L J 2596 Views Nomination, Successive Nomination

Successive / Alternative nomination is a solution to avoid the difficult situation of nominee predeceases the life assured and the title of remains open at the of death claim. Read more on the importance of Successive nomination and how to do it.

LIC stops sending premium intimations and switches to SMS

LIC of India Important News Policy Servicing

LIC Starts SMS Intimation – Things to do now.

March 4, 2019March 4, 2019 Anish L J 2275 Views LIC of India, Policy Serviceing, SMS

As part of the ongoing process of digitization, LIC has decided to stop sending the premium intimation letters to its policyholders and is switching to SMS mode of intimation.

Policy Servicing LIC of India

Special Revival Campaign for Lapsed policies – LIC – 2019-20

February 11, 2019September 16, 2019 Anish L J 2880 Views Special revival campaign

Special Revival Campaign floated by LIC of India is a great opportunity to revive polices and regain the insurance coverage with a rebate in interest amount and special concessions on health requirements.