LIC of India Archives - Insurance Funda

Bonus Rates

LIC Bonus Rates -2022 – 23 |Explained with Charts and Illustrations

October 30, 2022October 30, 2022 Anish L J 422 Views 0 Comments Bonus, LIC of India

LIC Bonus Rates 2022-23 (as per 2022 March Valuation) – All details with charts and illustrations.

LIC of India

LIC IPO – Detailed analysis and exquisite guide

February 9, 2020September 28, 2020 Anish L J 1860 Views 0 Comments LIC of India, News

LIC IPO – A detailed analysis on the proposal for Initial Public Offer (IPO) of the public sector insurer LIC of India.

Jeevan Labh 936 all details with premium and maturity benefit calculator

Endowment Assurance Plans Insurance Plans

LIC Jeevan Labh 936 – Indepth analysis and maturity calculator

February 7, 2020September 23, 2020 Anish L J 4769 Views 18 Comments Jeevan Labh, LIC of India

LIC’s Jeevan Labh (Plan 936) is a popular limited payment endowment plan. Read all details with premium and benefit calculators..

Claim Settlement

IRDA Death Claim Settlement Ratio 2018-19 |Best Life Insurance Company 2020

December 19, 2019February 14, 2021 Anish L J 1598 Views 0 Comments Claim Settlement, LIC of India, Private insurers

IRDA has published all details on claim settlement performance of Life Insurance companies in India on 16th December 2019 in it’s Annual Report 2018-19. Let us have a detailed analysis to find out the best and worst companies in terms of Death Claim Settlement performance.

Jeevan Tarang - All details with premium and benefit calculators.

LIC of India Withdrawn plans

LIC’s Jeevan Tarang (178) Details with calculators.

September 15, 2019October 3, 2019 Anish L J 3502 Views 65 Comments Jeevan Tarang, LIC of India, withdrawn plans

Jeevan Tarang is a specialized insurance plan from LIC of India which provides life long survival benefits at the rate of 5.5% of the sum assured. This plan is having a unique benefit pattern compared to other plans of LIC. 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 1166 Views 0 Comments 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….

Insurance Industry

Indian Life Insurance Industry Analysis – 2018-19

May 8, 2019May 9, 2019 Anish L J 2533 Views 6 Comments LIC of India, Private insurers

Life insurance industry in India showed a growth of 10.73% in Total First-Year Premium collection compared to the previous year. In the meantime, 1.73% was the growth shown in Number of Policies (NOP) and 11.63% on Sum Assured underwritten in the corresponding period.

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 1843 Views 0 Comments 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.