A Review on Life Insurance Corporation of India

[Trump]

LIC or Life Insurance Corporation of India is an Insurance Company which is run by the Govt of India .It is founded in the year 1956 and the Main head quarter is in Mumbai .Its one of the most trusted investment service in India with a revenue over US 50$ billion .Here the product includes the insurance plan ,Unit plan ,health and Pension plan also .Its a huge boost in the GDP growth of India .

Advantages :-

1.Death benefits are prime here .

2.Loan Policy can be taken .

3. Tax free benefits for the Customers .

4. The plans could be altered as per the investors choice and benefit over time .

5. Here one could increase their investment amounts while making those free of cost .

6.Investors can get good benefit from the Growth option policies .

7.Online deposit facilities are there to open any scheme and put money.

Disadvantages :-

1.Couldn't be encashed instantly in many instances .but yes nowadays slowly its becoming more flexible.

2. Assured amount may be deducted if withdrawn in altered time period .

[QasimShop]

LIC or Life Insurance Corporation of India is an Insurance Company which is run by the Govt of India .It is founded in the year 1956 and the Main head quarter is in Mumbai .Its one of the most trusted investment service in India with a revenue over US 50$ billion .Here the product includes the insurance plan ,Unit plan ,health and Pension plan also .Its a huge boost in the GDP growth of India .

Advantages :-

1.Death benefits are prime here .

2.Loan Policy can be taken .

3. Tax free benefits for the Customers .

4. The plans could be altered as per the investors choice and benefit over time .

5. Here one could increase their investment amounts while making those free of cost .

6.Investors can get good benefit from the Growth option policies .

7.Online deposit facilities are there to open any scheme and put money
Best of luck to all members of forax community

[yuyul]

By having life insurance, it means you are protecting your family and loved ones from the risk of financial loss. Insurance can not prevent disaster from happening, but it can minimize the amount of financial loss that can be generated by these accidents. Life insurance can be claimed when the insured experiences a disaster, for example in a death accident. Costs incurred when the insured dies can be offset by insurance money given to the heirs who have been appointed. This of course can protect the heirs from dependable burdens that can be difficult.
When you have life insurance, it means the same as preventing large losses due to disaster. One of the most obvious examples that can happen is an accident that can make the body paralyzed. Automatically, you will not be able to work and earn income for a long time.