Procedure to Digitise an Insurance Policy: Step 1- Download the e-Insurance Account Opening Form from the Insurance Repository website (CAMS, NIR, SHCIL, KINREP, CIRL) Step 2- Insurers also have these forms available Step 3- Fill the form and provide the KYC documents … [Read more...] about How to open an e-Insurance account?
You had registered to LIC India Online login with your work email ID or forgot the email ID, you are registered with. Now when you are asking for new password, it is sending new password at your previous e-mail ID, but you don't have access to your old email id. You cannot update … [Read more...] about How to Update Registered Email ID of LIC Online Login?
You can change LIC policy address offline and online. To change the LIC Policy address online, you need to first register your LIC policy for online services at LIC Login portal. Please check all the steps below: Step 1. Visit licindia and register as a new user. If you are … [Read more...] about How to Change LIC Policy Address Online?
There are two types of Age Proof accepted and needs to be submitted for buying a LIC Insurance Policy: 1- Standard Age Proof 2- Non-Standard Age Proof 1. Standard Age Proof The following certificates or documents are accepted as standard age proof: • Certified Extract from … [Read more...] about What is a Valid Age Proof for LIC Policy?
As per IRDA Annual Report for Financial Year 2013-14, Life Insurance Corporation of India (LIC) has got – 98.14%, the highest claim ratio, followed by ICICI Pru Life – 94.10%. Lowest claim ratio is – 22.14% of DLF Pramerica Life, seconded by Edelweiss Tokio Life – 60.00%. … [Read more...] about Life Insurer’s IRDA Claim Settlement Ratios for Financial Year 2013-14
LIC India has launched the new ULIP Plan - New Endowment Plus (Table No.835). This is a first ULIP plan by LIC, since IRDAI issued new ULIP guidelines. Sailent Features of LIC’s New Endowment Plus Plan Minimum Entry Age: 90 Days (completed) Maximum Entry Age: 50 years … [Read more...] about LIC’s New Endowment Plus Plan (Table No.835) : Review
What is Suicide? Suicide is defined as the intentional killing of oneself. Life insurance policies refer to suicide simply as "suicide," or as "intentional self-destruction," or "death by one's own hand." What are Life Insurance Policy Suicide Clauses? There are certain … [Read more...] about How Life Insurance Company pays Claim in Suicide Cases?
This question is always in your mind, when you are planning to buy a LIC policy. But now LIC has solved this problem. You can use LIC Online Insurance Advisor and get plan options based on your criteria immediately. Steps to follow: 1- Go to LIC Insurance Advisor 2- … [Read more...] about Which LIC Insurance Policy should I buy?
In India, Rs 6,700 crore is lying unclaimed with Indian private and public insurance companies at the end of March 31, 2014. Among Pvt life insurers, Reliance Life has the maximum unclaimed amount of policy holders at Rs 1,502 crore followed by Bajaj Allianz Life (Rs 544 crore) … [Read more...] about How to find Unclaimed and Outstanding amounts of Pvt Life Insurers Policies Online?
You are in a difficult position, where you parent/relative passed away unexpectedly and you were unable to locate his LIC India life insurance policy. Despite an exhaustive search at home, you couldn't find any LIC Receipt, policy bond, paper work or detailed information. In … [Read more...] about How to find Unclaimed and Outstanding amounts of LIC Policies Online?