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Tata Aia Investment vs Lic Life Insurance

Tata Aia Investment

Tata AIA Investment Plans are financial instruments that offers you dual benefits- life coverage and guaranteed returns on maturity. It helps you secure your financial future.

Lic Life Insurance

LIC (Life Insurance Corporation of India) is one of the oldest life insurance companies started in 1956 to offer insurance solutions to every Indian.

COMPANY DETAILS Edit Tata AIA Investment Plans

Tata Aia Investment

Edit LIC Life Insurance

Lic 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)

276 cr
Payout Options

Payout Options

-

Payout Options

Lump sum, regular frequencies or a combination of both
Claim ratio

Claim ratio

Minimum Age - 0 year%

Claim ratio

98.62%
Solvency Ratio

Solvency Ratio

100 years

Solvency Ratio

1.66
Branches

Branches

Yearly, half-yearly

Branches

2048
Riders Available

Riders Available

Minimum term - 6 years Maximum term - 30 years

Riders Available

Accidental Death and Disability Benefits Rider, Accidental Death Benefits Rider, Critical Illness Rider, Waiver Benefit Rider
Policy Term

Policy Term

5 to 30 years

Policy Term

5 to 35 years

Know More About Companies

Overview

Tata AIA Investment Plans: Overview

Tata AIA Life Insurance is a joint venture between Tata Sons and AIA Group Ltd. It is one of the leading life insurers in India offering a range of insurance solutions including- term insurance plans, child plans, retirement solutions, etc. 

Tata AIA Investment Plans are designed to offer you life coverage along with maturity benefits to ensure wealth creation. There are various different investment plans offered by Tata AIA and you can choose the one that best fits your requirements and risk appetite.

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

why-choose
  • Financial Security

  • Wealth Accumulation

  • Additions and Bonuses

  • Tax Benefits

Riders

Riders You Can Avail With LIC Life Insurance Plans

Name of the rider Benefits
LIC Accidental Death and Disability Benefits Rider Additional benefits are offered in case the policyholder is diagnosed with any of the critical illnesses mentioned or disability due to the accident.
LIC Accidental Death Benefits Rider A lump sum amount is offered in case of the policyholder’s demise due to an accident if you have opted for an accidental death benefit rider.
LIC Critical Illness Rider A lump sum amount is offered in case the policyholder is diagnosed with any of the critical illnesses mentioned.
LIC Premium Waiver Benefit Rider Future premiums are waived off in case of the policyholder’s demise due to an accident or any of the critical illnesses mentioned if you have a premium waiver benefit rider.

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Tata AIA Investment Plans are financial instruments that offers you dual benefits- life coverage and guaranteed returns on maturity. It helps you secure your financial future.

Investment Plan Plans

Investment Plan

Boost your savings with life cover: Get a quote for Tata AIA Diamond Plan Today. Tata AIA Diamond Savings Plan is a protection and savings-based life ...

Unique Features

  • Compound Reversionary Bonus
  • Large Scale Discounts
  • Guaranteed Income

Diamond Savings Plan (Pros)

Diamond Savings Plan
  • Guaranteed Maturity Benefit
  • Compound Reversionary
  • Terminal Bonus

Diamond Savings Plan (Cons)

Diamond Savings Plan
  • No Plan Options
  • No High Sum Assured Rebate
  • No Auto Cover Continuance
  • Guaranteed Additions

Diamond Savings Plan (Other Benefits)

Diamond Savings Plan
  • Guaranteed Death Benefit
  • Guaranteed Income
  • Large Scale Discounts

Diamond Savings Plan (Eligibility Criteria)

Diamond Savings Plan
  • Minimum entry age- 0 year
  • Maximum entry age- 50 years
  • Sum assured- 11 times of the Annualised Premium
  • Maximum policy term- 25 years

Investment Plan

Tata AIA Gold Income Plan is a non-liked individual life insurance saving plan. This plan is designed to offer guaranteed returns and life insurance p...

Unique Features

  • Get guaranteed income
  • Income booster available
  • Enhanced protection through riders

Gold Income Plan (Pros)

Gold Income Plan
  • Get guaranteed income
  • Income booster available
  • Enhanced protection through riders

Gold Income Plan (Cons)

Gold Income Plan
  • Suicide does not covered
  • Air accidents not covered

Gold Income Plan (Other Benefits)

Gold Income Plan
  • Increasing income with Income Boosters
  • Guaranteed income starting @12% of basic SA
  • Pay for 5/12 years for policy term of 12/15 years

Gold Income Plan (Eligibility Criteria)

Gold Income Plan
  • Minimum entry age- 3 year
  • Maximum entry age- 65 years
  • Sum assured- Annualised Premium x Basic SA Multiple
  • Maximum policy term- 15 years

Investment Plan

Invest smartly with Tata AIA Smart Income Plus – secure savings, guaranteed income, and financial security. A wise man once said, 'Be ready for ...

Unique Features

  • Income/Endowment Option
  • Premium Boost Discounts
  • 2 Optional Riders

Tata AIA Smart Income Plus Plan (Pros)

Tata AIA Smart Income Plus Plan
  • Income/Endowment Option
  • Premium Boost Discounts
  • 2 Optional Riders

Tata AIA Smart Income Plus Plan (Cons)

Tata AIA Smart Income Plus Plan
  • Suicide within 12 months not covered
  • Consumption of any intoxicants
  • Death due to any aviation accident
  • Death due to any adventurous sports

Tata AIA Smart Income Plus Plan (Other Benefits)

Tata AIA Smart Income Plus Plan
  • Guaranteed Maturity Benefit
  • Flexibility to choose plan options
  • Guaranteed Death Benefit
  • Regular Income

Tata AIA Smart Income Plus Plan (Eligibility Criteria)

Tata AIA Smart Income Plus Plan
  • Minimum entry age- 0 year
  • Maximum entry age- 50 years
  • Sum assured- 11 times Annualized Premium
  • Maximum policy term- 25 years

Investment Plan

Tata AIA Fortune Guarantee Plus by Tata AIA Life Insurance is an individual non-linked life insurance savings plan. It is designed to provide the dual...

Unique Features

  • Guaranteed annual income
  • Joint life option
  • 2% online discount for women

Fortune Guarantee Plus (Pros)

Fortune Guarantee Plus
  • Guaranteed annual income
  • Joint life option
  • 2% online discount for women

Fortune Guarantee Plus (Cons)

Fortune Guarantee Plus
  • Death due to any aviation accident
  • Death due to adventurous sports
  • Suicidal death

Fortune Guarantee Plus (Other Benefits)

Fortune Guarantee Plus
  • Choice of income period
  • Option to choose joint life policy
  • Return of premium option

Fortune Guarantee Plus (Eligibility Criteria)

Fortune Guarantee Plus
  • Entry Age: Minimum Age - 1 year Maximum Age - 60 years
  • Maturity Age: 77 years

Investment Plan

Tata AIA MahaLife Gold is a traditional life insurance savings plan offered by Tata AIA Life Insurance. It offers whole-life coverage up to the age of...

Unique Features

  • Whole life coverage
  • Paid annual income
  • Guaranteed amount on maturity

Tata AIA MahaLife Gold (Pros)

Tata AIA MahaLife Gold
  • Whole life coverage
  • Paid annual income
  • Guaranteed amount on maturity

Tata AIA MahaLife Gold (Cons)

Tata AIA MahaLife Gold
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Tata AIA MahaLife Gold (Other Benefits)

Tata AIA MahaLife Gold
  • Tax benefits
  • Death benefits
  • Maturity benefits

Tata AIA MahaLife Gold (Eligibility Criteria)

Tata AIA MahaLife Gold
  • Minimum entry age- 30 days
  • Maximum entry age- 65 years
  • Sum assured- No limit
  • Maximum policy term- 100 minus entry age

Investment Plan

Invest Smartly with Tata AIA Monthly Income Plan – Guaranteed Income and Assured Life Cover. Tata AIA Life Insurance Guaranteed Monthly Income P...

Unique Features

  • Large Premium Boost
  • Guaranteed Monthly Income
  • 3D cover

Tata AIA Guaranteed Monthly Income (Pros)

Tata AIA Guaranteed Monthly Income
  • Large Premium Boost
  • Guaranteed Monthly Income
  • 3D cover

Tata AIA Guaranteed Monthly Income (Cons)

Tata AIA Guaranteed Monthly Income
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Tata AIA Guaranteed Monthly Income (Other Benefits)

Tata AIA Guaranteed Monthly Income
  • Death Benefits
  • Maturity Benefits
  • Guaranteed Additions

Tata AIA Guaranteed Monthly Income (Eligibility Criteria)

Tata AIA Guaranteed Monthly Income
  • Minimum entry age- 6 years
  • Maximum entry age- 13 years
  • Sum assured- 11 times the Annualised Premiums
  • Maximum policy term- 12 years

Investment Plan

To Save More, Invest Smartly with the Tata AIA Smart Value Income Plan. Tata AIA Smart Value Income plan, from Tata AIA Life Insurance, is a guarantee...

Unique Features

  • Whole Life Cover
  • Life Protect Feature
  • Premium Offset Benefit

Tata AIA Smart Value Income Plan (Pros)

Tata AIA Smart Value Income Plan
  • Whole Life Cover
  • Life Protect Feature
  • Premium Offset Benefit

Tata AIA Smart Value Income Plan (Cons)

Tata AIA Smart Value Income Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Tata AIA Smart Value Income Plan (Other Benefits)

Tata AIA Smart Value Income Plan
  • Death Benefits
  • Maturity Benefits
  • Tax Benefits

Tata AIA Smart Value Income Plan (Eligibility Criteria)

Tata AIA Smart Value Income Plan
  • Minimum entry age- 45 years
  • Maximum entry age- 65 years
  • Sum assured- Death Benefit Multiple of 10 times Single Premium
  • Maximum policy term- 100 minus entry age

Investment Plan

Tata AIA Guaranteed Return Insurance Plan by Tata AIA Life Insurance is a savings plan with assured life cover. With this plan, you can build wealth w...

Unique Features

  • 3 Plan Options
  • Whole Life Protection
  • Joint Life Cover

Tata AIA Guaranteed Return Insurance Plan (Pros)

Tata AIA Guaranteed Return Insurance Plan
  • 3 Plan Options
  • Whole Life Protection
  • Joint Life Cover

Tata AIA Guaranteed Return Insurance Plan (Cons)

Tata AIA Guaranteed Return Insurance Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Tata AIA Guaranteed Return Insurance Plan (Other Benefits)

Tata AIA Guaranteed Return Insurance Plan
  • Guaranteed Additions
  • Maturity Benefits
  • Death Benefits

Tata AIA Guaranteed Return Insurance Plan (Eligibility Criteria)

Tata AIA Guaranteed Return Insurance Plan
  • Minimum entry age- 45 years
  • Maximum entry age- 65 years
  • Sum assured- Death Benefit Multiple x Annualized Premium
  • Maximum policy term- 13 years

LIC (Life Insurance Corporation of India) is one of the oldest life insurance companies started in 1956 to offer insurance solutions to every Indian.

LIC Life Insurance Plans Plans

LIC Life Insurance Plans

LIC Jeevan Labh (Plan No: 936) is a limited premium paying, non-linked (Not dependent on equity-based funds and money/share market) with-profit endowm...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Jeevan Labh (Pros)

LIC Jeevan Labh
  • Death Benefits
  • Maturity Benefits
  • Loyalty Additions

LIC Jeevan Labh (Cons)

LIC Jeevan Labh
  • No auto cover benefit
  • No return of premium
  • No premium waiver

LIC Jeevan Labh (Other Benefits)

LIC Jeevan Labh
  • Additional Rider Options
  • Grace Period
  • Loan FacilityAdditional Rider Options
  • Grace Period
  • Loan Facility

LIC Jeevan Labh (Eligibility Criteria)

LIC Jeevan Labh
  • Minimum Entry Age- 18 Years
  • Maximum Entry Age- 65 years
  • Minimum Sum Assured- Rs 1 lakh
  • Maximum Sum Assured- No limit

LIC Life Insurance Plans

This plan has double roles to play. Firstly, this plan is applicable for safeguarding a family after the untimely death of the policyholder. Secondly,...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Premium Endowment (Pros)

LIC Premium Endowment
  • Death Benefits
  • Maturity Benefits
  • Loyalty Additions

LIC Premium Endowment (Cons)

LIC Premium Endowment
  • No pre-existing condition
  • No surrender benefit
  • No guranteed benefit

LIC Premium Endowment (Other Benefits)

LIC Premium Endowment
  • Additional Rider Options
  • Grace Period
  • Loan Facility

LIC Premium Endowment (Eligibility Criteria)

LIC Premium Endowment
  • Minimum entry age- 14 years
  • Maximum entry age- 45 years
  • Minimum sum assured- Rs 1
  • 00
  • 000 Maximum sum assured- Rs 5
  • 00
  • 000
  • Maximum policy term- 20 years

LIC Life Insurance Plans

LIC's Jeevan Tarun is basically a participating non-linked limited premium plan that offers a great combination of protection along with savings for y...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Jeevan Tarun (Pros)

LIC Jeevan Tarun

LIC Jeevan Tarun (Cons)

LIC Jeevan Tarun

LIC Jeevan Tarun (Other Benefits)

LIC Jeevan Tarun

LIC Jeevan Tarun (Eligibility Criteria)

LIC Jeevan Tarun

LIC Life Insurance Plans

The future of the world depends on the strength of the children today. But if they are not prepared for that purpose, the dream will be unattainable. ...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC New Children Money Back Plan (Pros)

LIC New Children Money Back Plan
  • Death Benefits
  • Maturity Benefits
  • Loyalty Additions

LIC New Children Money Back Plan (Cons)

LIC New Children Money Back Plan
  • No pre-existing condition
  • No auto cover
  • No guranteed benefit

LIC New Children Money Back Plan (Other Benefits)

LIC New Children Money Back Plan
  • Additional Rider Options
  • Grace Period
  • Loan Facility

LIC New Children Money Back Plan (Eligibility Criteria)

LIC New Children Money Back Plan
  • Minimum entry age- 0 years
  • Maximum entry age- 12 years
  • Minimum sum assured- Rs 1
  • 00
  • 000 Maximum sum assured- No limit Maximum policy term- 25 minus entry age

LIC Life Insurance Plans

Ever come across a large pile of banknotes? You know, by winning the lottery or hitting the jackpot at your favorite casino? Your first instinct must ...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Bima Bachat (Pros)

LIC Bima Bachat
  • Death Benefits
  • Maturity Benefits
  • Loyalty Additions

LIC Bima Bachat (Cons)

LIC Bima Bachat
  • No pre-existing condition
  • No auto-cover benefit
  • No guranteed benefit

LIC Bima Bachat (Other Benefits)

LIC Bima Bachat
  • Additional Rider Options
  • Grace Period
  • Loan Facility

LIC Bima Bachat (Eligibility Criteria)

LIC Bima Bachat
  • Minimum entry age- 15 years
  • Maximum entry age- 66 years
  • Minimum sum assured- Rs 35
  • 000 Maximum sum assured- No limit Maximum policy term- 15 years

LIC Life Insurance Plans

LIC launched the Bima Diamond Plan (table No. 841) on September 19, 2016. This is a non-linked plan, i.e. it doesn't depend on the share market. It is...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Bima Diamond (Pros)

LIC Bima Diamond
  • Death Benefits
  • Maturity Benefits
  • Loyalty Additions

LIC Bima Diamond (Cons)

LIC Bima Diamond
  • No pre-existing condition
  • No surrender benefit
  • No guranteed benefit

LIC Bima Diamond (Other Benefits)

LIC Bima Diamond
  • Additional Rider Options
  • Grace Period
  • Loan Facility

LIC Bima Diamond (Eligibility Criteria)

LIC Bima Diamond
  • Minimum entry age- 14 years
  • Maximum entry age- 45 years
  • Minimum sum assured- Rs 1
  • 00
  • 000 Maximum sum assured- Rs 5
  • 00
  • 000
  • Maximum policy term- 20 years

LIC Life Insurance Plans

When it comes to offering a complete insurance suite of the most comprehensive financial security in terms of health and life, you are in safe hands w...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Jeevan Arogya (Pros)

LIC Jeevan Arogya
  • Increasing health cover
  • No claim benefit
  • Premium waiver benefit

LIC Jeevan Arogya (Cons)

LIC Jeevan Arogya
  • No pre-existing condition
  • No surrender benefit
  • No guranteed benefit

LIC Jeevan Arogya (Other Benefits)

LIC Jeevan Arogya
  • Hospital cash benefit
  • Ambulance Benefit
  • Premium waiver Benefit

LIC Jeevan Arogya (Eligibility Criteria)

LIC Jeevan Arogya
  • Minimum entry age- 91 days
  • Maximum entry age- 75 years
  • Minimum sum assured- Rs 1
  • 00
  • 000 Maximum sum assured- No limit
  • Maximum policy term- 20 years

LIC Life Insurance Plans

LIC Jeevan Shagun is a non-linked, participating, savings with protection single premium Money-Back plan. The policy provides high life cover in the e...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Jeevan Shagun (Pros)

LIC Jeevan Shagun
  • Death Benefits
  • Maturity Benefits
  • Loyalty Additions

LIC Jeevan Shagun (Cons)

LIC Jeevan Shagun
  • No pre-existing condition
  • No surrender benefit
  • No guranteed benefit

LIC Jeevan Shagun (Other Benefits)

LIC Jeevan Shagun
  • Additional Rider Options
  • Grace Period
  • Loan Facility

LIC Jeevan Shagun (Eligibility Criteria)

LIC Jeevan Shagun
  • Minimum entry age- 8 years
  • Maximum entry age- 45 years
  • Minimum sum assured- Rs 60
  • 000 Maximum sum assured- No limit
  • Maximum policy term- 12 years

LIC Life Insurance Plans

The LIC New Money Back Plan 20 Years (Plan No: 920)was floated on January 6, 2014 to cater to the financial needs of the business and the salaried cla...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC New Money Back 20 Years (Pros)

LIC New Money Back 20 Years
  • Death Benefits
  • Maturity Benefits
  • Loyalty Additions

LIC New Money Back 20 Years (Cons)

LIC New Money Back 20 Years
  • No pre-existing condition
  • No auto-cover continuance
  • No guranteed benefit

LIC New Money Back 20 Years (Other Benefits)

LIC New Money Back 20 Years
  • Additional Rider Options
  • Grace Period
  • Loan Facility

LIC New Money Back 20 Years (Eligibility Criteria)

LIC New Money Back 20 Years
  • Minimum entry age- 13 years
  • Maximum entry age- 50 years
  • Minimum sum assured- Rs 1 lakh
  • Maximum sum assured- No limit
  • Maximum policy term- 20 years

LIC Life Insurance Plans

LIC Jeevan Akshay VI Plan is an immediate annuity pure pension plan for senior citizens provided by one of the top ranked insurance companies in India...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Jeevan Akshay (Pros)

LIC Jeevan Akshay
  • Death Benefits
  • Maturity Benefits
  • Loyalty Additions

LIC Jeevan Akshay (Cons)

LIC Jeevan Akshay
  • No pre-existing condition
  • No surrender benefit
  • No guranteed benefit

LIC Jeevan Akshay (Other Benefits)

LIC Jeevan Akshay
  • Additional Rider Options
  • Grace Period
  • High Sum Assured Rebates

LIC Jeevan Akshay (Eligibility Criteria)

LIC Jeevan Akshay
  • Minimum entry age- 25 years
  • Maximum entry age- 85 years
  • Minimum sum assured- Rs 2 lakh
  • Maximum sum assured- Rs 5 lakhs
  • Maximum policy term- 20 years

LIC Life Insurance Plans

Of the many efficient plans of LIC, the Jeevan Shikhar Plan stands out in terms of benefits and simplicity of terms. The endowment plan was initially ...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Jeevan Shikhar (Pros)

LIC Jeevan Shikhar

LIC Jeevan Shikhar (Cons)

LIC Jeevan Shikhar

LIC Jeevan Shikhar (Other Benefits)

LIC Jeevan Shikhar

LIC Jeevan Shikhar (Eligibility Criteria)

LIC Jeevan Shikhar

LIC Life Insurance Plans

LIC's Aadhaar Stambh Plan (Plan No: 943, UIN: 512N310V01) is a non-linked insurance plan, with profits and a regular premium-paying endowment plan. It...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Aadhaar Stambh (Pros)

LIC Aadhaar Stambh
  • Death Benefits
  • Maturity Benefits
  • Participation in Profits

LIC Aadhaar Stambh (Cons)

LIC Aadhaar Stambh
  • No pre-existing condition
  • No surrender benefit
  • No guranteed benefit

LIC Aadhaar Stambh (Other Benefits)

LIC Aadhaar Stambh
  • Additional Rider Options
  • Grace Period
  • High Sum Assured Rebates

LIC Aadhaar Stambh (Eligibility Criteria)

LIC Aadhaar Stambh
  • Minimum entry age- 8 years
  • Maximum entry age- 55 years
  • Minimum sum assured- Rs 2 lakh
  • Maximum sum assured- Rs 5 lakhs
  • Maximum policy term- 20 years

LIC Life Insurance Plans

LIC’s Aadhaar Shila Plan (Plan No: 944) is a non-linked insurance plan, with profits and a regular premium-paying endowment plan. This plan is a...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Aadhaar Shila (Pros)

LIC Aadhaar Shila
  • Death Benefits
  • Maturity Benefits
  • Participation in Profits

LIC Aadhaar Shila (Cons)

LIC Aadhaar Shila
  • No pre-existing condition
  • No surrender benefit
  • No guranteed benefit

LIC Aadhaar Shila (Other Benefits)

LIC Aadhaar Shila
  • Additional Rider Options
  • Grace Period
  • High Sum Assured Rebates

LIC Aadhaar Shila (Eligibility Criteria)

LIC Aadhaar Shila
  • Minimum entry age- 8 years
  • Maximum entry age- 55 years
  • Minimum sum assured- 75
  • 000
  • Maximum sum assured- 3 lakhs
  • Maximum policy term- 20 years

LIC Life Insurance Plans

LIC Jeevan Umang (Plan No: 945) is a conventional, with-profit, non-linked endowment plan with complete life insurance coverage. The policy provides t...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Jeevan Umang (Pros)

LIC Jeevan Umang
  • Death Benefits
  • Maturity Benefits
  • Participation in Profits

LIC Jeevan Umang (Cons)

LIC Jeevan Umang
  • No pre-existing condition
  • No surrender benefit
  • No guranteed benefit

LIC Jeevan Umang (Other Benefits)

LIC Jeevan Umang
  • Additional Rider Options
  • Grace Period
  • High Sum Assured Rebates

LIC Jeevan Umang (Eligibility Criteria)

LIC Jeevan Umang
  • Minimum entry age- 90 days
  • Maximum entry age- 55 years
  • Minimum sum assured- 2 lakh
  • Maximum sum assured- No limit
  • Maximum policy term- 100 Minus Age at Entry

LIC Life Insurance Plans

LIC New Jeevan Anand is a participating non-linked plan providing a combination of both protection and savings. The plan offers financial protection a...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC New Jeevan Anand (Pros)

LIC New Jeevan Anand
  • Death Benefits
  • Maturity Benefits
  • Participation in Profits

LIC New Jeevan Anand (Cons)

LIC New Jeevan Anand
  • No pre-existing condition
  • No surrender benefit
  • No guranteed benefit

LIC New Jeevan Anand (Other Benefits)

LIC New Jeevan Anand
  • Additional Rider Options
  • Grace Period
  • High Sum Assured Rebates

LIC New Jeevan Anand (Eligibility Criteria)

LIC New Jeevan Anand
  • Minimum entry age- 18 years
  • Maximum entry age- 50 years
  • Minimum sum assured- 1 lakh
  • Maximum sum assured- No limit
  • Maximum policy term- 35 years

LIC Life Insurance Plans

LIC Jeevan Rakshak Plan (Table No. 827) is a participating non-linked plan that provides a combination of insurance and savings. As the name suggests,...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Jeevan Rakshak Plan (Pros)

LIC Jeevan Rakshak Plan
  • Death Benefits
  • Maturity Benefits
  • Participation in Profits

LIC Jeevan Rakshak Plan (Cons)

LIC Jeevan Rakshak Plan
  • No pre-existing condition
  • No surrender benefit
  • No guranteed benefit

LIC Jeevan Rakshak Plan (Other Benefits)

LIC Jeevan Rakshak Plan
  • Policy Revival
  • High Sum Assured Rebates
  • Additional Riders

LIC Jeevan Rakshak Plan (Eligibility Criteria)

LIC Jeevan Rakshak Plan
  • Minimum entry age- 8 years
  • Maximum entry age- 55 years
  • Minimum sum assured- Rs 75
  • 000
  • Maximum sum assured- Rs 2 lakhs
  • Maximum policy terrm- 20 years

LIC Life Insurance Plans

For the financial security of children and families, the LIC Jeevan Lakshya Plan (Plan No: 933) is the most suitable one. It is a collection of saving...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Jeevan Lakshya Plan (Pros)

LIC Jeevan Lakshya Plan
  • Death Benefits
  • Maturity Benefits
  • Participation in Profits

LIC Jeevan Lakshya Plan (Cons)

LIC Jeevan Lakshya Plan
  • No pre-existing condition
  • No surrender benefit
  • No guranteed benefit

LIC Jeevan Lakshya Plan (Other Benefits)

LIC Jeevan Lakshya Plan
  • Additional Rider Options
  • Grace Period
  • High Sum Assured Rebates

LIC Jeevan Lakshya Plan (Eligibility Criteria)

LIC Jeevan Lakshya Plan
  • Minimum entry age- 18 years
  • Maximum entry age- 50 years
  • Minimum sum assured- 1 lakh
  • Maximum sum assured- No limit
  • Maximum policy terrm- 25 years

LIC Life Insurance Plans

LIC New Endowment Plan-one of the best policy by LIC India. The LIC New Endowment plan (Plan No: 914) is a must-avail plan considering the many benefi...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC New Endowment Plan (Pros)

LIC New Endowment Plan
  • Death benefits
  • Maturity benefits
  • Participation in profits

LIC New Endowment Plan (Cons)

LIC New Endowment Plan
  • No pre-existing condition
  • No surrender benefit
  • No guranteed benefit

LIC New Endowment Plan (Other Benefits)

LIC New Endowment Plan
  • High sum assured rebate
  • Surrender benefit
  • Policy revival

LIC New Endowment Plan (Eligibility Criteria)

LIC New Endowment Plan
  • Minimum entry age- 8 years
  • Maximum entry age- 55 years
  • Minimum sum assured- 1 lakh
  • Maximum sum assured- No limit
  • Maximum policy term- 35 years

LIC Life Insurance Plans

It is a traditional endowment with death and maturity benefits to the policyholder. Even a bonus facility is given along. In this plan, the premium is...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Single Premium Endowment (Pros)

LIC Single Premium Endowment
  • Death Benefits
  • Maturity Benefits
  • Tax Benefits

LIC Single Premium Endowment (Cons)

LIC Single Premium Endowment
  • No pre-existing condition
  • No surrender benefit
  • No guranteed benefit

LIC Single Premium Endowment (Other Benefits)

LIC Single Premium Endowment
  • Loan Facility
  • High Sum Assured Rebate
  • Surrender Benefit

LIC Single Premium Endowment (Eligibility Criteria)

LIC Single Premium Endowment
  • Minimum entry age- 90 days
  • Maximum entry age- 65 years
  • Minimum sum assured- Rs 50
  • 000
  • Maximum sum assured- No limit
  • Maximum policy term- 25 years

LIC Life Insurance Plans

LIC Jeevan Saral is an Endowment Assurance plan under which the proposer has simply to choose the amount and mode of premium payment. The plan comes o...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Jeevan Saral (Pros)

LIC Jeevan Saral
  • Death Benefits
  • Maturity Benefits
  • Tax Benefits

LIC Jeevan Saral (Cons)

LIC Jeevan Saral
  • No pre-existing condition
  • No surrender benefit
  • No guranteed benefit

LIC Jeevan Saral (Other Benefits)

LIC Jeevan Saral
  • Loan Facility
  • Loyalty Additions
  • House Loan

LIC Jeevan Saral (Eligibility Criteria)

LIC Jeevan Saral
  • Minimum entry age- 12 years
  • Maximum entry age- 60 years
  • Minimum sum assured- 5 lakhs
  • Maximum sum assured- Rs 25 lakhs
  • Maximum policy term- 35 years

LIC Life Insurance Plans

Pradhan Mantri Vaya Vandana Yojana is a single premium payment pension plan. This pension plan offers an option to either choose the amount of pension...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Pradhan Mantri Vaya Vandana Yojana (Pros)

LIC Pradhan Mantri Vaya Vandana Yojana
  • Death Benefits
  • Maturity Benefits
  • Pension Benefits

LIC Pradhan Mantri Vaya Vandana Yojana (Cons)

LIC Pradhan Mantri Vaya Vandana Yojana
  • No pre-existing condition
  • No surrender benefit
  • No guranteed benefit

LIC Pradhan Mantri Vaya Vandana Yojana (Other Benefits)

LIC Pradhan Mantri Vaya Vandana Yojana
  • Loan Facility
  • Surrender Benefits
  • Choice of pension payments

LIC Pradhan Mantri Vaya Vandana Yojana (Eligibility Criteria)

LIC Pradhan Mantri Vaya Vandana Yojana
  • Minimum entry age- 60 years
  • Maximum entry age- No limit
  • Minimum sum assured- -
  • Maximum sum assured- -
  • Maximum policy terrm- Whole life

LIC Life Insurance Plans

(A Perfect Gift For Your Beloved Daughter) LIC Kanyadan policy is the perfect financial coverage for your daughter with a very low premium. Unlike oth...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Kanyadan Policy (Pros)

LIC Kanyadan Policy

LIC Kanyadan Policy (Cons)

LIC Kanyadan Policy

LIC Kanyadan Policy (Other Benefits)

LIC Kanyadan Policy

LIC Kanyadan Policy (Eligibility Criteria)

LIC Kanyadan Policy

LIC Life Insurance Plans

Life Insurance Corporation (LIC) is an Indian insurance company owned by the Government of India. It was founded on 1st September 1956 and is headquar...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Jeevan Shanti (Pros)

LIC Jeevan Shanti
  • Death Benefits
  • Maturity Benefits
  • Loan Faciliy

LIC Jeevan Shanti (Cons)

LIC Jeevan Shanti
  • No pre-existing condition
  • No surrender benefit
  • No guranteed benefit

LIC Jeevan Shanti (Other Benefits)

LIC Jeevan Shanti
  • No medical examinations
  • Reduction in annuity rates
  • Rebates

LIC Jeevan Shanti (Eligibility Criteria)

LIC Jeevan Shanti
  • Minimum entry age- 30 years
  • Maximum entry age- 79 years
  • Minimum sum assured- 1 lakh
  • Maximum sum assured- No limit
  • Maximum policy terrm- Subject to maximum vesting age

LIC Life Insurance Plans

LIC Jeevan Saathi is basically an endowment assurance policy that is there to ensure the lives of husband and wife. It offers the required financial p...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Jeevan Saathi (Pros)

LIC Jeevan Saathi
  • Partial withdrawals
  • Switching
  • Increase/decrease of life cover

LIC Jeevan Saathi (Cons)

LIC Jeevan Saathi
  • No pre-existing condition
  • No surrender benefit
  • No guranteed benefit

LIC Jeevan Saathi (Other Benefits)

LIC Jeevan Saathi
  • Additional riders to choose
  • Discontinuance of premiums
  • Choice of policy tenure

LIC Jeevan Saathi (Eligibility Criteria)

LIC Jeevan Saathi
  • Minimum entry age- 18 years
  • Maximum entry age- 55 years
  • Minimum sum assured- 1 lakh
  • Maximum sum assured- No limit
  • Maximum policy terrm- 20 years

LIC Life Insurance Plans

LIC Micro Bachat Plan (Table No. 951) is a traditional, non-linked, participating micro-insurance plan that offers dual benefits of protection as well...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Micro Bachat (Pros)

LIC Micro Bachat

LIC Micro Bachat (Cons)

LIC Micro Bachat

LIC Micro Bachat (Other Benefits)

LIC Micro Bachat

LIC Micro Bachat (Eligibility Criteria)

LIC Micro Bachat

LIC Life Insurance Plans

LIC has been very dynamic in introducing plans according to different individuals' demands. The LIC Komal Jeevan Plan is exclusively fabricated for ch...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Komal Jeevan (Pros)

LIC Komal Jeevan
  • Death Benefits
  • Maturity Benefits
  • Survival Benefits

LIC Komal Jeevan (Cons)

LIC Komal Jeevan
  • No pre-existing condition
  • No surrender benefit
  • No guranteed benefit

LIC Komal Jeevan (Other Benefits)

LIC Komal Jeevan
  • Loyalty Additions
  • Guaranteed Additions
  • Surrender Value

LIC Komal Jeevan (Eligibility Criteria)

LIC Komal Jeevan
  • Minimum entry age- 90 days
  • Maximum entry age- 18 years
  • Minimum sum assured- 1 lakh
  • Maximum sum assured- Rs 25 lakhs
  • Maximum policy terrm- 26 years

LIC Life Insurance Plans

LIC Navjeevan is a newly launched plan by the Life Insurance Corporation of India. It is a non-linked with profit endowment assurance plan. It is a co...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Navjeevan Plan (Pros)

LIC Navjeevan Plan
  • Annuity Options
  • Whole life cover
  • Participation in profits

LIC Navjeevan Plan (Cons)

LIC Navjeevan Plan
  • No pre-existing condition
  • No surrender benefit
  • No guranteed benefit

LIC Navjeevan Plan (Other Benefits)

LIC Navjeevan Plan
  • Multiple riders to choose from
  • Loan facility
  • Surrender value

LIC Navjeevan Plan (Eligibility Criteria)

LIC Navjeevan Plan
  • Minimum entry age- 90 days
  • Maximum entry age- 45 years
  • Minimum sum assured- 1 lakh
  • Maximum sum assured- No limit
  • Maximum policy terrm- 18 years

LIC Life Insurance Plans

LIC SIIP is a unit-linked non-participating individual life insurance plan. The plan comes out as an opportunity to monetize the investment options of...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC SIIP Plan (Pros)

LIC SIIP Plan
  • Maturity Benefits
  • Death Benefits
  • Additions

LIC SIIP Plan (Cons)

LIC SIIP Plan
  • No pre-existing condition
  • No surrender benefit
  • No guranteed benefit

LIC SIIP Plan (Other Benefits)

LIC SIIP Plan
  • Partial withdrawals
  • Switching
  • Revival

LIC SIIP Plan (Eligibility Criteria)

LIC SIIP Plan
  • Minimum entry age- 90 days
  • Maximum entry age- 65 years
  • Minimum sum assured- 1 lakh
  • Maximum sum assured- 10 Lac
  • Maximum policy term- 25 years

LIC Life Insurance Plans

LIC Bima Shree Policy is a traditional, non-linked, and with-profit money-back life insurance policy that features guaranteed additions to provide sec...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Bima Shree (Pros)

LIC Bima Shree

LIC Bima Shree (Cons)

LIC Bima Shree

LIC Bima Shree (Other Benefits)

LIC Bima Shree

LIC Bima Shree (Eligibility Criteria)

LIC Bima Shree

LIC Life Insurance Plans

LIC Nivesh Plus is a unit-linked, non-participating, and single-premium individual life insurance plan. It offers insurance cum investment benefits th...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Nivesh Plus (Pros)

LIC Nivesh Plus
  • Death Benefit
  • Maturity Benefit
  • Guaranteed Additions

LIC Nivesh Plus (Cons)

LIC Nivesh Plus
  • No pre-existing condition
  • No surrender benefit
  • No guranteed benefit

LIC Nivesh Plus (Other Benefits)

LIC Nivesh Plus
  • Partial Withdrawals
  • Switches
  • Payout in installments

LIC Nivesh Plus (Eligibility Criteria)

LIC Nivesh Plus
  • Minimum entry age- 90 days
  • Maximum entry age- 70 years
  • Minimum sum assured- 1 lakh
  • Maximum sum assured- No limit
  • Maximum policy terrm- 25 years

LIC Life Insurance Plans

Jeevan Akshay- VII (Table No. 857) is a single premium, non-linked, and non-participating immediate annuity plan. It pays annuity or pension to the po...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Jeevan Akshay VII (Pros)

LIC Jeevan Akshay VII
  • Loan Facility
  • Incentives
  • Multiple Annuity Options

LIC Jeevan Akshay VII (Cons)

LIC Jeevan Akshay VII
  • No pre-existing condition
  • No surrender benefit
  • No guranteed benefit

LIC Jeevan Akshay VII (Other Benefits)

LIC Jeevan Akshay VII
  • No Medical Examination
  • Guaranteed Annuity Rates
  • Free look period

LIC Jeevan Akshay VII (Eligibility Criteria)

LIC Jeevan Akshay VII
  • Minimum entry age- 18 years
  • Maximum entry age- 65 years
  • Minimum sum assured- 1 lakh
  • Maximum sum assured- 10 Lac
  • Maximum policy terrm- 67 years
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.