Life Insurance

Welcome my valued customer, Your Lic Agent Hari Babu is there for you to provide you detailed information on Lic Policy.

Life Insurance is universally acknowledged to be an Institution which eliminates ‘Risk’, Substituting certainty for uncertainty and comes to the timely aid of the family in the unfortunate event of death of the Breadwinner. Life insurance is a contract that pledges payment of an amount to the person assured (or his nominee) on the happening of the event insured against.

The Insurance contract is valid for payment of the insured amount during:

* The date of maturity, or

* Specified dates at periodic intervals, or

* Unfortunate death, if it occurs earlier.

Why with LIC only?

Life Insurance Corporation of India is the biggest government-owned life insurer in India. LIC is also the biggest investor in India. The Government of India is the overall owner of the company. The headquarters of LIC India are located in Mumbai. LIC offers life insurance plans for both individuals and employee groups.

LIC India finances 24% of the outlays of the Government of India. The asset value of the company has been evaluated at nearly Rs. 13 Lakh Crores.

Why Life Insurance?

You may want to get Insurance cover if you know that you are the only source of income for your family. There could be several reasons for you to get a life Insurance cover. Your loan/ mortgage payments, your wife/ spouse and children’s, your business, etc. It is important to know that a life insurance policy will simply ensure your family spends their lives in relative comfort. You will have to define your objectives before you go for an Insurance cover. Taking out a policy for insurance involves making crucial decisions such as how much you want to be covered for. Some people take out a insurance cover policy for an amount that they cannot afford to pay for. Always ensure that you take your budget into account before you pay for a life lic policy.

Planning without the knowledge of your life value and its importance will not help. We are ready to help you in your children’s education, higher education, marriage, Whole life insurance & Retirement plannings. Always trust the experienced Advisors for your insurance and investments.

Investment made in LIC definitely fetches good number of benefits to policy-holders like good returns, life coverage, income-tax rebate and a big amount in the future for kids education, marriage etc.

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