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 | |||
---|---|---|---|
Min. | Max. | ||
Age | 90 Days (completed) at Entry 18 Years (Completed) at Maturity |
60 Years (Nearer Birthday) at Entry 75 Years (Nearer Birthday) at Maturity | |
Basic Sum Assured | Rs. 1,00,000 | No Limit | |
Policy Term | 15 Years | 20 Years | |
Premium Paying Term (PPT) | 10 Years | 15 Years | |
Riders | Accidental Life Cover Rider Disability Benefit Rider Critical Illness Rider New Term Assurance Rider |