Founded in 1956, Life Insurance Corporation of India (LIC) is the largest life insurance company in the country with a total income of Rs. 492626.60 crore and total assets worth Rs. 2572028.34 Cr It’s fully owned by the Government of India & is also the county’s largest investor.
Eligibility Criteria | ||||
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Min. | Max. | |||
Age | 90 Days (Completed)) | 55 Years for Payment Term = 15 50 Years for Payment Term = 20 45 Years for Payment Term = 25 40 Years for payment term = 30 |
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Policy Term | 100 Years - Age | |||
Premium Payment Term | 15, 20 25, & 30 Years | |||
Rider | LIC’s NEW CRITICAL ILLNESS BENEFIT RIDER(CIR) | |||
Rider | LIC's ACCIDENTAL DEATH AND DISABILITY BENEFIT RIDER | |||
Rider | LlC's ACCIDENT BENEFIT RIDER | |||
Rider | LIC’s PREMIUM WAIVER BENEFIT RIDER (PWB) | |||
Rider | LIC's NEW TERM ASSURANCE RIDER (TR) |