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Top 5 Child Insurance Plan in LIC

Top 5 Child Insurance Plan in LIC

Posted on April 23, 2022

Right now, the insurance company holds a vast customer base of more than 250 million lives. It strives to maintain the same service and pricing of products in the ever-competitive insurance sector. LIC is known to offer a wide range of insurance products. The LIC Agent In Delhi will have child plans, protection plans in term plan forms, and savings and investment plans available in conventional form or ULIP.

The child insurance plans you get from LIC Agent In Gurgaon are designed to ensure a financially secure future for your little ones and to help them procure the major milestones. Furthermore, the plans offer life protection to the child in case of any eventuality. Let’s focus on the top 5 child insurance plans you can get your hands on from LIC Agent In Noida now.

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Get best LIC policy for 5 years

Get best LIC policy for 5 years

Posted on Dec 28, 2021

LIC is always known to present multiple kinds of attractive plans, which can last for a period of 5 years. Under these significant plans, the public life insurance firm will offer major options to address. Some of those are retirement plans, micro insurance and group insurance. These are mainly LIC Tax Saving Plans and working with an LIC agent will let you know more about these terms in details.

LIC will present multiple hosts of the insurance plans to the customers. These plans are mostly based on the prominent features. You have LIC health insurance plans, child plans, life insurance plans and retirement plans to say the least. So, now the customers have multiple policies to choose from and make decisions of their financial capacity in general.

How to choose:

An LIC Agent Delhi will actually help you to know how you can possibly choose the best 5 years plan from the same source. There are various reasons to choose 5-year insurance plans like easy understandable terms, shorter form of premium payment plans, open option to change the scheme to longer one later and more. So, without wasting time, it is important to know more about the LIC plans available in the market.

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Fixed Deposit vs Life Insurance

Fixed Deposit vs Life Insurance – What is Best for you

Posted on Dec 28, 2021

If you think about it, there are various insurance and financial products that the market has in store for you. Investing in Fixed deposits - different types of FDs or the other ventures will actually help you to enjoy higher return on your chosen investments. Much like fixed deposits, you have Life Insurance plans, which are also considered to be the best investment products in the market.

Even though life insurance is considered to be a part of insurance plan, most people will think about it as investment policy. Then you have the fixed deposit on the other hand, which is solely an investment product. Here, you get the chance to invest in multiple tenures. However, both these sections will serve you multiple needs.

Focusing on the types of life insurances:

Before you proceed further, let’s talk a bit more about the Life Insurance - different types of life insurance policies. Some of the major ones will be:

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Best 1 Crore Term Insurance Plans from LIC

Best 1 Crore Term Insurance Plans from LIC

Posted on Dec 28, 2021

It is always recommended to purchase a term plan when you are at your young age. But, even if you are old, you can make one purchase after learning the important aspect of a term plan . Well, a term insurance plan is noted to be a pure protection plan, which will help the policyholder’s dependents by providing source of funds whenever emergency strikes. In case you are the only bread earner in your family, it is always important to invest in the LIC Term Insurance plan of 1 Crore. It will be the ultimate financial security for your family members.

Not just this 1 crore plan, but you have other options under the affordable LIC Term Plan. All of them will have an assured sum of 1 crore rupees and you can consider anyone of them, as per your needs.

Some points to determine before opting for term insurance:

Now, this is the first question that pops up in your mind. What points must every individual know about before investing money on term insurance? Well, some of the points mentioned below might help you find the right answer.

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LIC Jeevan Anand

LIC Jeevan Anand

Posted on jan 25, 2021

Is LIC Jeevan Anand a good investment

LIC Endowment Plan help people in creating a savings corpus while at the same time also provides insurance coverage also. LIC New Jeevan Anand policy is one of many endowment policies that provide people with a combination of life insurance and risk-free returns under the same plan.

It's a participating plan where a person earns simple reversionary bonuses throughout the complete term of the policy. Moreover, upon policy maturity or death of the person, a final additional compensation is also paid. There is also an optional rider benefit that someone can also choose for a wider extent of coverage of his/her premiums, which are payable throughout the policymaking. They can also get premium discounts which also reduces the premium rate. Loans are also made available under the plan, which provides people the liquidity if they need any money at the time of their needs.

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Investments In Insurance Policy

Investments in Insurance Policy

Posted on Feb 5, 2021

Which insurance is best for investment?

Permanent life insurance policies are often termed as best for investment. The whole and universal life insurance also offer lifelong coverage, and they typically have a significant cash value component. A permanent policy's cash value often grows over time, and this can be used to pay premiums or take out a loan from the insurer.

The permanent life insurance policies often have a much higher rate than the other term policies, and often most of the financial obligations go away from it over time. The term life insurance of LIC Best Plan is typically a better option for most people(LIC Endowment Plan). However, if someone needs lifetime coverage and has the means to pay for permanent coverage, this can be a great way to ensure their loved ones are financially protected.

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Lic retirement plan

A Brief on Different Lic Retirement Plan

Posted on July 1, 2021

Taking up a retirement plan while you are earning reduces a lot of burden pos retirement. It helps you save for future use, which is a vital necessity. Moreover, the pension schemes are available to every age group, ranging from 0 to 65 years. The website gives out a profound detail of the entire policy so that the customer is not scammed. They have their facts in various languages. For example, if a person understands Hindi better and has a firmer grip on it than English, they will find all the required details of the retirement plan in Hindi.

Lic retirement plan benefit pension fund

The LIC retirement pension fund plan is mainly designed for senior citizens who wish to have a planned retired life without worrying about financial conditions. The lic retirement plan benefit pension funds include:

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LIC Child Plan

The Best LIC Child Plan Money-Back Policies to Avail

Posted on July 1, 2021

The LIC Jeevan Ankur plan includes a lot of profit for anyone who is availing it and is also a very age-old method that makes it all the more reliable for any customer to take it up. This insurance is generally for the benefit and the well-being of the child. you may contact LIC Agent Delhi And The insurance is made in the name of the parent and the child is considered to be the nominee.

Child Plan Benefits

  • In these tough times when there is no guarantee of anything, it is always safe to have insurance as a backup plan. The LIC buy plan online lets you enjoy all the perks of insurance from the comfort of home.
  • There are detailed surveys and reviews of all the required information that are to be acquired beforehand given one the website in various languages. There is a LIC detailed plan in Hindi as well which gives a profound description of the insurance in detail.
  • These insurances give a secured financial future for the children and also help you have a calculated estimation of the amount required to be spent on the LIC Child Plan using the LIC child plan calculator.

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