#lic policy

[pradeepdo]

Why Buy Life Insurance

Life Insurance is a financial cover for a contingency linked with human life, like death, disability, accident, retirement etc. Human life is subject to risks of death and disability due to natural and accidental causes. When human life is lost or a person is disabled permanently or temporarily, there is loss of income to the household.

Though human life cannot be valued, a monetary sum could be determined based on the loss of income in future years. Hence, in life insurance, the Sum Assured ( or the amount guaranteed to be paid in the event of a loss) is by way of a ‘benefit’. Life Insurance products provide a definite amount of money in case the life insured dies during the term of the policy or becomes disabled on account of an accident.

[sajansloan]

എന്തിനൊക്കെയാണ് ഭവന വായ്പ ലഭിക്കുന്നത്?

[townpostin]

Compensation Provided to Family of BVG Employee Killed in Accident Near Tata Motors

BVG Management Settles Compensation for Deceased Employee’s Family BVG Company compensated the family of Manoj Kumar, an employee who died in an accident near Tata Motors’ Jojobera South Gate, with ₹15 lakh through an LIC policy and additional gratuity payments. JAMSHEDPUR – On March 7, Manoj Kumar, an employee of BVG Company, died in an accident involving a container near Tata Motors’ Jojobera…

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[banglakhobor]

২৫০ টাকা করে জমালে মিলবে ৫২ লক্ষ টাকার সুবিধা; LIC-র এই পলিসি সম্পর্কে জেনে নিন

সেই অনুযায়ী এই পরিমাণটা দাঁড়াবে বার্ষিক ৮৬৯৫৪ টাকায়। ফলে মেয়াদপূর্তিতে ওই বিনিয়োগকারী পেয়ে যাবেন প্রায় ৫২,৫০,০০০ টাকা। এতে বিমাকৃত রাশি, রিভার্সিনারি বোনাস এ��ং ফাইনাল অ্যাডিশনাল বোনাসের সুবিধাও পাওয়া যাবে। বোনাসের হার পরিবর্তিত হতে থাকে, তাই মেয়াদপূর্তিতে অর্থের পরিমাণও পরিবর্তিত হয়। Source link

[shikhachopra]

LIC, India’s Insurance behemoth, offers a chance to secure his or her future to every citizen of India while providing numerous insurance and investment products like term insurance plans, whole life insurance, money-back policies, retirement plans, child care plans etc. From a new born to an 80-year-old elder, LIC makes sure to benefit people of every age group with its highly profitable policy schemes. So, in this blog, we are going to discuss one very beneficial scheme named LIC Dhan Rekha Plan.

[insurance-wala]

HOW TO DOWNLOAD LIC BOND FROM DIGILOCKER

[sri-lakshmi-insurance-consultant]

[totalinsurancehub]

Can I have more than one term insurance? In 2025

Term insurance, a crucial part of personal finance, offers basic coverage for a certain amount of time, typically 10 to 30 years. This type of life insurance provides a safety net for your loved ones in the case of an untimely death within that time, making it an excellent option for those seeking affordable protection without complex financial components. Trends indicate that many people are looking for the best options available in 2025, so it's important to understand not only the benefits of term insurance but also how to select plans that fit your specific financial goals.

[investrack]

How Can an Insurance Agent in Rewa Help to Secure Your Family?

Financial security is a dream for many, and financial planning is important. Insurance experts play a huge role in helping individuals plan their future. These professionals offer insurance products and ensure that individuals understand the benefits of each plan.

Having access to a knowledgeable insurance agent in Rewa is invaluable. Investrack offers solutions that align with investors' aspirations; whether you’re considering life insurance, health insurance, or other plans, a trusted expert can simplify the process.

Understanding Life Insurance Policies

Life insurance is a critical financial tool that builds a safety net. Here are some popular types of life insurance policies in Rewa:

Term Insurance: Offers high coverage at affordable premiums. It is ideal for securing your family’s stability.

Endowment Plans: Combine insurance with savings, providing a lump sum upon maturity or to the nominee in case of an early demise.

ULIPs: Unit Linked Insurance Plans allow investors to enjoy both life coverage and market-linked returns.

Selecting the right life insurance policies depends on factors such as family size, goals, and risk tolerance. By working with a professional, you can customize a policy that suits your unique requirements. So you can protect your loved ones against unforeseen circumstances.

How Can Insurance Experts Help You?

They play a critical role beyond just selling policies. Here’s how they assist in comprehensive planning:

Customized Solutions: Every individual’s financial needs are unique. An insurance agent assesses your current situation, future goals, and risk tolerance.

Expertise: They simplify complex terminologies and clauses. They also make sure you fully understand the policy benefits and limitations.

Ongoing Support: Life situations change, and so do financial needs. They provide continuous support. They also help you adjust your plans as needed and ensure your policies remain relevant over time.

Convenience: Handling paperwork, renewing policies, and claiming benefits can be overwhelming. They manage these tasks, saving you time and effort.

Conclusion

Life insurance is a powerful tool for protecting your family and their future. A professional can guide you in selecting the most suitable policies. So that your decision aligns with your long-term goals. Take the first step toward financial freedom today.

[jaagrukbharat]

LIC Kanyadan Policy : Secure The Future Of Your Daughter!

LIC (Life Insurance Corporation) is the country’s largest insurance company that offers special schemes for people of all ages, from children to the elderly. Some of the LIC schemes are specially designed for daughters. These schemes will help parents plan efficiently for their daughter’s future.

Most parents start worrying about their daughter's education and wedding expenses as soon as she is born. In such cases, LIC’s Kanyadan Policy can ease these concerns. Let’s learn more about this policy in detail.

[pradeepdo]

How to use Life Insurance as a Financial Asset

Yes, Life insurance can offer a benefit to loved ones when you pass, but it can also be a financial asset during your life. Learn how it works.

Key takeaways

Some life insurance policies can become a financial asset for you to use during your life, just like a Pension scheme or mutual fund.

Two main types of permanent life insurance can be used as an asset: whole life insurance and universal life insurance.

Depending on your life insurance plan, you may be able to take a loan from your policy, use it as collateral for a loan, withdraw funds, receive “accelerated benefits” or cash out the policy.

About 1/5th of Indians are covered by life insurance as of 2024.

When you think of Life Insurance, your first thought may be about supporting your loved ones in the event of your death, but some life insurance policies can become a financial asset for you to use during your life, just like a Pension scheme or mutual fund. These life insurance policies allow the owner to build cash value over time and provide access to cash value. In some cases, you can take a withdrawal, and in others, you can borrow against your policy, and if you do it right, you can avoid a tax liability, too.

Of course, not all life insurance policies are created equal. If you’re shopping for a policy that’s right for you and want to make sure you’re choosing one that can serve as an asset, you should only consider policies with a cash value. Typically, only permanent insurance policies fall under this umbrella – term insurance policies, which are generally less expensive and valid for a set number of years, don’t offer the ability to grow money in an account that you can tap into

Here’s a breakdown of some of the policies that can serve as an asset, how they work when you want to tap into them, and what to watch out for.

The life insurance policies that can serve as an asset

Permanent life insurance policies enable you to invest in conservative investments like mutual funds or exchange-traded funds (ETFs). You can choose how you want to diversify your investments, allowing you to curate your policy to meet your risk tolerance and goals. Because of this, permanent life insurance can serve as a hedge against market risk. Two main types of permanent life insurance can be used as an asset: whole life insurance and universal life insurance.

Whole life insurance

This is the most common type of permanent life insurance, which offers the policyholder the ability to accumulate cash value in addition to a death benefit. This works because a portion of the monthly premium you’ll pay gets put into a cash value account. Think of it as an insurance policy with a savings account-like component. Your cash value will accumulate over time at a minimum guaranteed rate indicated by your policy. Just make sure you read the fine print of your policy to understand what that is. Also noteworthy, the premiums on these policies typically won’t increase over the life of the policy.

Universal life Insurance.

Universal life policies function similarly to whole life – they allow policyholders to grow an asset by accruing interest over time that can be borrowed against.5 Keep in mind that, with universal life policies, the premiums aren’t set, which means they are subject to change, and there are also no guarantees on the rate your money will earn over time. Under the universal life umbrella is something called “variable universal life insurance,” which enables policy owners to invest their earnings into the accounts of their choosing (including mutual funds), so they have the potential to earn more over time.

How to use your life insurance as an asset

There are several ways to use your life insurance as an asset. As you contribute to your policy over the years, you earn the ability to borrow against what you’ve saved. Also, all your earnings are growing on a tax-deferred basis. Here’s a look at some of the ways to maximize your asset’s potential.

Take a loan from your policy.

You can borrow against the cash value of your permanent life insurance policy. Just read the fine print if you go this route. The interest rate can be fixed or variable, and it is set by the insurer. Also, if you take a loan against your policy and it’s not paid off at the time of your death, any outstanding balance that you owe gets subtracted from what your beneficiaries inherit.

Use your policy as collateral for a loan.

In some situations, you can use your life insurance policy as collateral for a loan, which can make it easier for you to get approved or perhaps get you a better rate on the loan you’re taking out. (Essentially, your life insurance policy is serving as an asset to prove your trustworthiness as a borrower.) But keep in mind that, if you die before paying it back, whatever you still owe will come off the top before your beneficiaries see their benefit.

Withdraw funds.

Rather than taking a loan that must be paid back, you can also simply make withdrawals from your policy that are yours to keep – just note that, if your withdrawal is an amount great enough to dip into your investment gains, you’ll need to pay taxes. (And like a loan, the amount you withdraw is money that won’t be paid to your beneficiaries later, because your withdrawal decreases the value of the policy.)

Option of taking Critical Illness riders

Some policies enable you to receive your benefits during your lifetime should an unexpected or extreme medical emergency arise, such as cancer, a heart attack or kidney failure. Most policies with this option allow you to withdraw anywhere from 25%–100% of your policy’s value.

Surrender the policy

To say that you’re “surrendering” a policy is simply another way of saying you’re canceling your coverage. When you do this, you get back the cash value you put in, less any fees your insurance company may charge. Just study the fine print carefully, because in some cases those fees may be quite high. (Think of it like an early withdrawal from a retirement account – you know there will be penalties.) With that said, if you no longer want to maintain your policy and have other more pressing needs for that money, surrendering can be a solid option.

Connect with our Wealth Advisor

[sajansloan]

എന്തിനൊക്കെയാണ് ഭവന വായ്പ ലഭിക്കുന്നത്?

[becomelicagentdelhi]

How to Become LIC Agent: Requirements, Training & Success Tips

Becoming an LIC Agent: A Lucrative Career Path

Becoming an LIC agent offers a highly rewarding career, combining financial stability, personal growth, and the satisfaction of securing others' financial futures, becoming an LIC agent. As India's largest life insurance provider, LIC provides a trusted platform for agents to thrive. With a legacy of over six decades, LIC has established itself as a beacon of financial security for millions of Indians.

In recent times, the craze towards building one’s career as LIC agent has gone up, so has this question of how to become LIC Agent Delhi, cropped up on the minds of aspirants. Apart from independence, LIC agents are also entitled to receive Gratuity, Pension and several other benefits. Going forward, we will try to find an answer to the query of how to become LIC Agent Delhi.

We all know that ‘Communication is the key to success’. This is the golden rule, which one must have the ability to do if they seek an answer regarding how to become LIC Agent Delhi.

Meeting the Eligibility Criteria

To qualify as an LIC agent, you must meet the following requirements:

You should be at least 18 years old and have passed the 10th standard if you're from an urban area or the 8th standard if you're from a rural area. Additionally, you'll need a valid PAN card and a bank account.

To Become LIC Agent, Contact Mr. Ravindra Singh at 099531-22754

[vmfinserv]

Is a Money Back Insurance Plan in Jodhpur a Good Investment?

When thinking about your financial future, one important question often comes up: is a money back insurance plan in Jodhpur a good investment? If you are considering options like the Money Back Policy LIC Plan in Jodhpur, it’s important to understand how these plans work and if they fit your needs. What is a Money Back Insurance Plan?

A money back insurance plan combines insurance coverage with a savings component. Unlike other insurance plans where you receive the payout only after the policy term ends or upon death, a money back policy gives you regular payouts during the policy term. These payouts are called survival benefits. So, if you buy a Money Back Insurance Plan, you receive a portion of the sum assured at regular intervals, and at the end of the term, if you’ve survived, you get the remaining amount along with any bonuses. Why Consider a Money Back Policy? 1. Regular Income: One of the main advantages of a money back policy is the regular income it provides. If you choose the Money Back Policy, you’ll receive a percentage of the sum assured at predetermined intervals. This can be useful for meeting financial goals like paying for your child’s education or managing family expenses. 2. Life Coverage: Besides providing regular payouts, these policies also offer life insurance. In case of the policyholder's unfortunate demise, the nominee gets the sum assured. This ensures that your loved ones are financially protected even if you are not around. 3. Bonus Facility: Many money back plans come with bonus facilities. Bonuses are additional amounts that can increase your overall returns. If you have a Money Back Plan, you might receive bonuses that add to your survival benefits or final payout. 4. Savings Component: Money back plans are a good way to save systematically. Since you get money back at intervals, it helps in planning your savings and spending more effectively. The disciplined approach of saving regularly can help build a financial cushion over time. Things to Consider

1. Lower Returns: While money back policies provide regular payouts, the overall returns might be lower compared to other investment options like mutual funds or stocks. If your primary goal is high returns, you might want to explore other investment avenues alongside insurance. 2. Premium Costs: Money back insurance plans can be more expensive than traditional term insurance policies. You pay higher premiums because you’re getting regular payouts and insurance coverage. Make sure that the premiums fit your budget and financial goals. 3. Lock-In Period: These policies have a fixed term. If you need to access your money earlier, you might face penalties or lower returns. Ensure that you are comfortable with the policy duration and the terms. Is It Right for You?

If you are looking for a mix of insurance and regular savings with a focus on financial security and planned savings, then a Money Back Insurance might be a suitable option. It provides a steady income, life coverage, and a bonus facility. However, if you are aiming for higher investment returns and have a high-risk appetite, you might want to consider other financial products.

[banglakhobor]

মেয়াদপূর্তির আগেই সারেন্ডার করতে পারেন এলআইসির পলিসি, জেনে নিন সহজ প্রক্রিয়া

Insurance: অনেকের ক্ষেত্রেই ঘটে এই ঘটনা। আর্থিক অবস্থার অবনতির জন্য এলআইসি পলিসি সারেন্ডার করতে হয় অনেককে। সেই ক্ষেত্রে সব টাকা ফেরত দেয় এলআইসি। কীভাবে সারেন্ডার করতে হয় পলিসি ? LIC Policy: লাইফ ইন্স্যুরেন্স কর্পোরেশন দেশের বৃহত্তম বিমা সংস্থা, বিভিন্ন আয়ের গোষ্ঠীর জন্য বিভিন্ন পলিসি নিয়ে আসে। আপনি আপনার প্রয়োজন এবং আয় অনুযায়ী এই পলিসিগুলিতে বিনিয়োগ করতে পারেন। কিন্তু অনেক সময় দেখা গেছে,…