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 | 18 | 65 | |
Maximum Cover Ceasing Age | 80 years | ||
Term | 15 years | 62 years | |
Premium Modes | Yearly, Half Yearly | ||
Rider | LIC's NEW TERM INSURANCE RIDER (TR) | ||
Rider | LIC's NEW ACCIDNET BENEFIT RIDER(AB) |