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 | Single Premium: 90 Days (Completed) Limited Premium Option-I: 90 Days (Completed) Limited Premium Option-II: 45 Years (Near Birthday) | Single Premium: 44 Years (Near Birthday) Limited Premium Option-I: 60 Years (Near Birthday) Limited Premium Option-II: 65 Years (Near Birthday) | |
| Policy Term | 18 Years | ||
| Premium Payment Term | Single & 5 Years | ||
| Sum Assured | Rs.1 Lac | No Limit | |
| Age at Maturity | 18 Years (Completed) | Single Premium: 62 Years (Near Birthday) Limited Premium Option-I: 75 Years Limited Premium Option-II: 80 Years | |
| Rider | LlC's ACCIDENT BENEFIT RIDER | ||
