Lic Investment vs Go Digit Life Insurance

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  • Multiple sum assured options
  • Choice of premium-payment term
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Lic Investment vs Go Digit Life Insurance

Lic Investment

Go Digit Life Insurance

Go Digit Life Insurance Company offers multiple life insurance products including term insurance plans, ULIPs, endowment plans, savings plans, that are easy to understand.

COMPANY DETAILS Edit LIC Investment Plans

Lic Investment

Edit Go Digit Life Insurance Company

Go Digit Life Insurance

Rating
Number of life insurance plans and add-ons
Annual Premiums Collected (2023-24)

Annual Premiums Collected (2023-24)

000 to No limit

Annual Premiums Collected (2023-24)

Rs 426.36 crore
Payout Options

Payout Options

-

Payout Options

-
Claim ratio

Claim ratio

Minimum Age - 5 year%

Claim ratio

99.53%
Solvency Ratio

Solvency Ratio

80 years

Solvency Ratio

2.07
Branches

Branches

Annual, half-yearly,

Branches

75
Riders Available

Riders Available

Minimum term - 6 years Maximum term - 30 years

Riders Available

Go Digit Accidental Death Rider, Go Digit Accidental Disability Rider, Go Digit Critical Illness Rider
Policy Term

Policy Term

5 to 30 years

Policy Term

Minimum- 1 year, Max

Know More About Companies

Overview

LIC Investment Plans: Overview

The Life Insurance Corporation of India is the oldest player in the insurance sector of India. LIC has been serving the insurance needs of the entire country over a long period of time. Being the best player in the market, the corporation has seized most of the stocks and has maintained its reputation as the largest insurance company in India.

LIC Investment Plans are tailor-made as per the financial and investment needs of the customers such as education, health, life cover, marriage of children, retirement purposes, etc. These plans are designed in a way to ideally deal with the financial burden during emergencies and uncertainties of life.

LIC Investment Plans ensures to look after your investment needs by offering:

why-choose
  • Maturity benefits

  • Death benefits

  • Participation in profits

  • Additional riders to choose from

Riders

Riders You Can Avail With Go Digit Life Insurance Plans

You can avail of the following riders with Go Digit Life Insurance Plans:

Name of the Rider Benefits
Go Digit Accidental Death Rider Offers additional benefits in case of the policyholder’s death due to an accident.
Go Digit Accidental Disability Rider   This rider offers the rider sum assured in case the policyholder becomes partially or totally disabled due to an accident.
Go Digit Critical Illness Rider In case the policyholder is diagnosed with any of the critical illnesses mentioned in the brochure then rider benefits are paid to them.

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Naval Goel

Reviewed By: Naval Goel

Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.