LIC India : Check LIC policy staus,Pay online LIC premium and best LIC policy

LIC Bima Bachat

2011-12-20T03:58:00.000-08:00

LIC Bima Bachat ( Table No.175 ) is A single premium money back policy which gives you insurance cover as well as offers 15% of sum assured as money back at the end of every third year as per the term of the policy.

The policy can be for 9, 12 or 15 years, and the way it is structured is that you pay the LIC Premium, and then they will return you 15% of the sum assured every third year, and then the initial premium at redemption.
The minimum sum assured for LIC Bima Bachat Policy is Rs. 20000 and multiples of Rs. 5000 thereafter. There is no maximum limit for sum assured for this single premium money back policy.

LIC Bima Bachat Example

Bima Bachat Examples:

Let me give you an example to understand this single premium LIC money back policy. Suppose You are aged 30 years takes a Bima Bachat Policy for 15 years term for Rs 2 lakhs SA. You pays single LIC Premium of Rs.1,48,322. You receives Survival Benefit of rs 30,000 each at the end of 3rd, 6th, 9th & 12th year respectively. On Maturity, he will receive Rs 1,48,322 being the single Premium paid by you.

Thus total amount received by LIC policy holder will be Rs 2,68,322 (Rs 1,20,000 as Survival Benefits + 1,48,322 as single Premium paid) + LA if any.

General Conditions
Min. age at entry: 15 years (completed).
Max. age at entry: 66 years (nbd).
Min. S.A.: Rs. 20,000
Max. SA.: Any Amount.
SA in multiples: Rs. 5000
Max. Maturity age: 75 years (nbd).
Terms Allowed: 9, 12 or 15 years.
Modes Allowed: All

If policy holder dies during the 13th policy year, his nominee will get Rs 2 lakh as SA as death benefit (Survival benefit of Rs 30000 each received during 3rd, 6th, 9th & 12th year will not be deducted from
the SA). hence the total amount received would be Rs. 3,20,000.

If you are not satisfied with the “Terms and Conditions” of the LIC Bima Bachat Policy, you may return the policy to Life Insurance Corporation Of India (LIC) within 15 days.

LIC career for 12th pas students

2011-07-25T03:43:00.000-07:00

Life Insurance Corporation of India(LIC)offer Urban Career Agents opportunity for Intermediate (12 th ) pass students or candidates.

The LIC written exam qualified candidates will be trained by LIC absolutely free, after join candidates will get per month salary + commission on work (Condition apply).

Qualification
Age limit: For General category candidate age must between 21 Years- 35 Years, and for SC/ST age should be 21 – 40 Years.

Education: In Some reason need Intermediate pass (12th pass) or in some need Graduate.

Center : Agra, Education : Graduate, Salary : 2500,contact : 9412407825
Center : Aligarh, Education : Intermediate, Salary : 2000, contact : 9412336359
Center : Varansi, Education : Graduate, Salary : 2500,contact : 9415143998
Center : Allahabad, Education : Graduate, Salary : 2500,contact : 9415248149
Center : Bareli, Education : Intermediate, Salary : 2000,contact : 9412761767
Center : Sahnjhanpur, Education : Intermediate, Salary : 2000,contact : 7376922810
Center : Dehradoon, Education : Intermediate, Salary : 2000,contact : 9412904681
Center : Gorakhpur, Education : Intermediate, Salary : 2000,contact : 8081820588
Center : Ajam Garh, Education : Intermediate, Salary : 2000,contact : 9415239051
Center : Haldwani, Education : Intermediate, Salary : 2000,contact : 9412015566
Center : Kanpur, Education : Graduate, Salary : 2500,contact : 9452960185
Center : Jhansi,Education : Intermediate, Salary : 2000,contact : 9415590709
Center : Lucknow, Education : Graduate, Salary : 2500,contact : 9415151469
Center : Meerut, Education : Graduate, Salary : 2500,contact : 9760198038
Center : MuradaBad,Education : Intermediate, Salary : 2000,contact : 9411081355

Important Date:
30 July (30/07): Last date to apply for LIC Urban Career Agents vacancies.
07 August (07/08) : Written exam for LIC career

LIC Jeevan Arogya

2011-06-16T05:32:00.000-07:00

LIC has launched LIC Jeevan Arogya, a unique non-linked Health Insurance plan which provides health insurance cover against certain specified health risks and provides you with timely support in case of medical emergencies and helps you and your family remains financially independent in difficult times.

Each of the insured are covered for Health risks up to age (80). Children are insured up to age 25 years.
Premiums to Payment You may pay LIC premiums regularly at yearly, half-yearly, quarterly or monthly (ECS mode only) intervals over the term of the policy. Premium paid will be eligible for Tax exemption under section 80D up to 15,000/- (Rs. 30,000/- if parents are covered).

Hospital Cash Benefit (HCB) Hospitalisation in case of non surgical treatment beyond twenty four hours is cover under hospitalisation cash benefit. The policy can be taken for an initial daily benefit of Rs. 1,000, Rs. 2,000, Rs. 3,000 and Rs. 4,000. The major surgical benefit will be 100 times of the daily benefit. The quick cash facility allowing payment of 50 per cent entitlement can be availed as advance in case of 57 specified major surgeries.
A maximum of 3 surgeries are covered in one year subject to life time benefit of 24 surgeries in respect of each insured member.
Age
The minimum age at entry for principal insured is 18 years and maximum age at entry would be 65 years for self and spouse while it is 75 years for parents and parents in law. For children, the minimum age at entry is 91 days and the maximum age at entry is 17 years.

LIC children plan

2011-06-07T01:56:00.000-07:00

The Children plan purpose may difrent-2 with each individual investor, for some one it may be for children education, while for other may be for marriage, or for other its may be for child secure future. LIC Children plan are design to give good and financially secured life to your child.

If life insurance buying is approached in the proper manner it can be very beneficial to yourself and your family. And LIC Children plan gives you option to choose to fit your need, such as listed in below list

LIC Jeevan Anurag: this is a traditional money back plan. It is a participating child plan in which you get bonuses based on the performance of the company. It is a money back plan as it begins payout in the last three years of policy term before maturity.

Details : LIC Jeevan Anurag
LIC Child Career Plan : LIC of India design this plan to notonly meet the rising educational and other needs of growing but also offer the risk cover on the life of child not only during the policy term but also during the extended term (i.e. 7 years after the expiry of policy term).
Details : LIC Child Career Plan
LIC Komal Jeevan: If you want Money Back Plan that provides financial protection against your death during the term of plan with periodic payments on survival at specified durations to your child LIC Komal Jeevan is for you. This plan can be purchased by any of the parent or grand parent for a child aged 0 to 10 years.
LIC Jeevan Kishore : This is an Endowment Assurance Plan available for children of less than 12 years of age. The policy may be purchased by any of the parent/grand parent.
LIC Jeevan Chhaya: If you are looking Endowment Assurance plan for children that provides financial protection against death throughout the term of the plan. This is a with-profits plan and participates in the profits of the Corporation’s life insurance business. It gets a share of profits in the form of bonuses.Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year.
LIC Komal Jeewan: Plan with payment of premium ceasing on policy anniversary immediately after the child attains 18 years of age. The plan, besides offering risk cover, also offers payment of Sum Assured in installments at age 18,20,22,24 and Guaranteed and Loyalty additions, if any, at the age 26.
LIC Marriage Endowment or Educational Annuity Plan: This is an Endowment Assurance plan that provides for benefits on or from the selected maturity date to meet the Marriage/Educational expenses of the named child.
LIC Children's Deferred Endowment Assurance Plan: an Endowment Assurance plan that enable a parent or a legal guardian or any near relative of the child (called proposer) to provide insurance cover
on the life of the child (called life assured).
CDA Endowment Vesting At 21
CDA Endowment Vesting At 18

LIC DCE recruitment

2011-04-16T02:01:00.000-07:00

LIC Jobs Notification 2011

Life Insurance Corporation (LIC) has issued a recruitment notification for the recruitment of Direct Sales Executive (DSE) in Bhopal, Patna, Chennai, Mumbai, Hyderabad and Delhi on total 7,540 posts. Purely on a contract basis for a period of three years only.

Post and vacancy: DSE, total 7,540 post. Experience: 0- 1 Years.
Eligibility:

Qualification:
1. Graduate in any stream (Bachelor Degree) or marketing / management diploma candidates (Prefer).
2. Good working knowledge of English and also one Regional language preferably local language is desirable.
3. Fresher also can apply
Age : Candidate age must be 21-35 years on 01may(01-05-2011).

Age Limits : Minimum – 21 years Maximum – 35 years

Selection Procedure : Interested candidates have qualified Written Test first, and qualified candidates will be proceed to LIC job Interview.

Last Date: To apply LIC DSE online last date is 24 April, 2011.
website : www.licindia.in/careers_pop9.html
Get Free LIC Job Alerts on your Mobile by SMS - Sarkari Naukri Alerts

LIC Samridhi Plus

2011-03-01T01:44:00.000-08:00

Insurance + Safety + Protection + Growth=LIC Samridhi Plus

Life Insurance Corporation of India (LIC) on 25 Feb launched 'LIC Samridhi Plus' under its unit linked portfolio offering insurance protection, safety and growth.

LIC Samridhi Plus is a ULIP plan ,but don’t afraid because its keep ,policyholders' investment safe from market fluctuations and return Guaranteed Highest NAV of the first 100 months at Maturity.

The policy holder can pay premium either in a single deposit or in installment for a limited 5 years. You may pay premium regularly at Yearly, Half-Yearly, Quarterly or Monthly (through ECS mode only).Although you can choose insurance cover level but it’s also depend on policy holder age.

The sale of this plan will be available throughout a term of three months from the launch date. Dual withdrawals are also sanctioned after the completion of the fifth anniversary.

Important feature of this policy is the life cover plan that stretches across a plan term of 10 years and covers around Rupees 50 lakh based under certain terms and conditions of the policy.

Eligibility : Condition : Restrictions for LIC Samridhi Plus

Age:

Minimum Age at entry - 8 (Age last birthday)
Maximum Age at entry - 8 (Age last birthday)

Premium

Minimum Premium - -
Instalment Premium-Yearly ; - [Rs.15,000/- ]
Half - Yearly ; - [Rs.08,000/- ]
Premium Quarterly; -[Rs.04,000/- ]
Minimum Single Premium; -[Rs.30,000/- ]

Maximum premium

Single Premium; -[No Limit]
Minimum Single Premium; -[Rs.30,000/- ]
Regular Premium; -[Rs.1 lac P.A.]

The minimum age at entry level for Samridhi Plus is 8 years while the maximum age is 65 years.
LIC Samridhi Plus Summary

Guaranteed Highest NAV of the first 100 months at Maturity
Policy Term 10 years
Lock in period 5 years
Limited Premium Payment (5 years or single premium)
Unlimited investment under Single Premium
Insurance Protection
Easy liquidity through Partial Withdrawals
Entry age 8 to 65 years

LIC health Protection Plus

2011-01-22T02:43:00.000-08:00

LIC Health Protection Plus is product that clubs health insurance and investment. It works like any other unit-linked insurance product (UlIP), releasing a part of premium towards health cover while the rest goes into investment.

Health Protection Plus scheme provides health cover for the entire family, including newborn from the age of three months. Both hospital cash benefit and major surgical benefit are covered under the plan.

So we can say individual health plan, family floater and critical illness all three are covered in one plan. It gives an opportunity to invest the premium and earn market-linked returns.

Another significant benefit of the LIC health Protection Plus is that after payment of three premiums, one can, if required, pay alternate premiums that is skip fourth year and pay the fifth year premium. The policy would not get lapsed under such arrangement. The product also offers increase/decrease in premium depending on the need of coverage required.
All eligible existing family members are to be covered at the beginning (proposal stage)
itself. New members can however be added under certain specified conditions.

LIC Health Protection Plus

Benefits :

HOSPITAL CASH BENEFIT (HCB)
- Hospital Cash Benefit (HCB) is a daily benefit payable in case of hospitalization . Itcanrange from Rs.250/- to Rs.2500/- for the Principal Insured (the person who proposes forinsurance).
- For the Spouse or the children, the maximum amount of HCB is Rs.1500/-. The amount of daily benefit doubles in case of hospitalization in ICU.
- The IDB (Initial Daily Benefit) is applicable during the first year of risk cover.
- The amount of daily HCB will increase @ 5% simple p.a. every year on policy anniversary until it hits a cap of 1.5 times the initial benefit.
Major Surgical Benefit (MSB):
- In the event of the insured undergoing one of the major surgeries defined in the the policy, a lump sum benefit (regardless of the actual costs incurred) equivalent to the percentage of the sum assured mentioned against that surgery will be payable.
- The sum assured for major surgical benefits will be 200 times of the HCB you choose.
Domiciliary Treatment Benefit (DTB):
- The Principal Insured can claim an amount
  equivalent to the actual expense he or she has incurred in respect of any domiciliary
  treatment or to meet the medical expenses incurred over and above the hospital cash/major surgical benefits in respect of either oneself or the others insured under the policy.
- Both HCB and MSB covers are available subject to a waiting period from the commencement of the risk cover – in respect of each insured member: No death insurance cover is available under the plan.

Health Protection Plus Eligibility:

Minimum age at entry for PI and spouse: 18 years, 3 months for children.
Maximum age at entry for PI and spouse: 55, 17 yrs NBD or children.
Premium payable upto 65 years lbd for PI, extended health cover upto 75 years of age.
Minimum premium: Rs. 5000/- for single life and Rs. 7500 p.a; for two lives, Rs. 10,000 for more than 2 lives.
Maximum premium: No limit
Increase or decrease in premium: Allowed
Assignment & Loan : Not allowed.

LIC Recruitment-LIC AAO Recruitment -LIC Jobs

2010-12-03T03:38:00.000-08:00

Life Insurance Corporation of India invites On-line Applications from eligible Indian Citizens for appointment to the following posts of Assistant Administrative Officer.
Eligible candidates are required to log in to the designated website

http://jobs.licindia.co.in/

Apply only On-Line between 22nd November, 2010 and 14th December, 2010 No other means/mode of application will be accepted.

Qualification for LIC AAO

LIC AAO(Generalist) Bachelor/Master’s Degree from a recognized Indian University (under UGC) with a minimum of 55% marks in the aggregate in either of the Degrees which is relaxable to 45% in case of SC/ST candidates.
LIC AAO (Chartered Accountant) - An Associate Member of the Institute of Chartered Accountants of India (ICAI)
LIC AAO(Company Secretary) - A Member of the Institute of Company Secretaries of India (ICSI)
LIC AAO (Legal) - LL.B. with a minimum of 50% marks in the aggregate and minimum three years experience at the Bar.

Important Date for LIC AAO apply
-------------------------------------------
Opening date of acceptance of application money at cash collection centres of LIC: 22nd November, 2010
Last date : 13th December, 2010

On line registration: 22nd November, 2010
Closing date : 14th December, 2010

Modification Date (once): 15th/16th December, 2010
Downloading hall tickets : 7th February, 2011

Vacancies for the post of Assistant Administrative Officer (Company Secretary) are likely to be at Mumbai only.

LIC AAO Job Detail

No. - Post - Vacancies

1.LIC Assistant Administrative Officer (Generalists)--250

2.LIC Assistant Administrative Officer (Chartered Accountant)100

3.LIC Assistant Administrative Officer ( Legal) -- 20

4.LIC Assistant Administrative Officer -- 05

LIC Assistant Administrative Officer Total Vacancies -- 375
Reservation - Reservation for Scheduled Caste, Scheduled Tribe, Other Backward Classes and PhysicallyHandicapped shall be as under.

Reservation -SC/ ST - OBC -General -Total -PH

Current Year -54 -26 -95- 189- 364 -11

Backlog - 09 -02 -0 -0 -11 -08

Total -63- 28 -95 -189- 375-19

Eligibility for LIC Assistant Administrative Officer ( LIC AAO ) Vacancies

Age: Minimum Age shall be 21 years (completed) as on 1st November,2010.

Maximum age shall be 30 years. Relaxations in upper age as Govt rule.

Pay LIC premium through credit card

2010-11-25T00:40:00.000-08:00

Now,Pay LIC by credit card

Yes,Pay LIC by credit card is possible, LIC EBPP PAYMENT service allows that LIC Policy holder can Pay LIC premium through credit card / net banking (LIC Online Payment).

LIC Premium can be paid either by giving standing instructions to the bank to debit the bank account/credit card account on a particular date or manually accepting the bill which can be paid by login to the banker's site and making the payment online.

Receipt will be posted to the address mentioned in the policy records after two or three days of payment by LIC. For this mode of payment e-receipt is not generated.

The payment of LIC premium can be made through net banking, phone banking, credit card, ATM or any other mode( Read how pay LIC Online Payment ). Receipts are printed and sent by post. Under online premium payment, payment is made only through net-banking account through lic India website. Credit Card Payment is not available. Online, digitally signed receipt is issued instantly.

This is referred as the LIC Online Payment of the bill. You can pay your bill online to the LIC by transferring money through your credit card. LIC has taken steps to have a secure transaction.

You can take the credit the cards to counter and also use it. The LIC provides you the facility of paying the money through the credit card in their branch offices too. After checking the amount in your bank the transaction process is done. With the help of the credit cards, you can pay the bill online too. This will help you in saving your time.

To Pay LIC premium through credit card / online you must be register on LIC website
Please Visit LIC website (LIC Officially website)

www.licindia.in/epslogin.htm TO Register and follow steps.

After registered on LIC website Click on the ‘Pay Premium Online” link and you will see a list of policies you have enrolled in your account. Select the policies which you want to enroll and click on the submit button. It will be landing to the Payment Gateway site where you will be given various options like Bank Account, Debit Card, and Credit Card to pay your premium. Just pay your premium via your Debit Card or Credit card.

Warning /tips ( Pay LIC premium through credit card )
I will not recommend anyone to use the Cyber Cafe or Public or Shared Network computers to make your payment online. This is because it’s simply not safe.

LIC Micro Insurance Product-LIC Jeevan Madhur-LIC Jeevan Mangal

2010-08-10T01:38:00.000-07:00

Secure Life in Rs.25/- per week with LIC Micro Insurance Product

After a finance research result that was shows that 60 percent of the Indian population still resides in rural area. LIC decide to work on a special insurance product for rural area, and low income sections of society . And these products are LIC MICRO INSURANCE PRODUCT, sold only by Self Help Group (SHG) and NGOs.

Micro Insurance Product

are-

LIC Jeevan Madhur
LIC Jeevan Mangal

LIC Jeevan Madhur -an Endowment Assurance plan, launched in September 2006. In this product policy holder can easily pay premiums regularly according to its own capecity, such as at weekly, fortnightly, monthly, quarterly, half-yearly or yearly intervals bases over the term of the policy.

Minimum instalment premium for different modes of premium payment shall be:
Weekly: Rs. 25/-
Fortnightly: Rs. 50/-
Monthly: Rs. 100/-
Quarterly/Half-yearly/Yearly: Rs. 250/-

Further, the premium chosen by you shall be subject to the minimum and maximum sum assured of Rs. 5,000/- and Rs. 30,000/- respectively payable on death and maturity under this plan
Benefits

Maturity Benefit: On your surviving to the date of maturity, payment of the Maturity Sum Assured along with vested bonuses, if any.
Death Benefit: Payment of an amount equal to total premiums payable during the entire term of the policy along with vested bonuses, if any.
Accidental Death and Disability Benefit: On death arising as a result of accident an additional amount, equal to Death Benefit Sum Assured shall be available during the term of the policy.

Eligibility Conditions and Other Restriction
Minimum age at entry 18 years (completed)
Maximum age at entry 60 years (nearest birthday)
Maximum age at maturity 65 years (nearest birthday )

Term 5 to 15 years.

Minimum Sum Assured Rs. 5,000
Maximum Sum Assured Rs. 30,000

LIC Jeevan Mangal -- Is a term assurance plan in which insurace holder get premiums on maturity. In this micro insurance product , insurace holder can pay premiums either in lump sum or regularly at Yearly, Half Yearly, Quarterly, Monthly, fortnightly or weekly intervals over the term of the policy. but when you are planning to take LIC Jeevan Mangal know about....

Eligibility Conditions and Other Restriction
Your age must be Minimum18 years (completed ) for entry and not should be more than 60 years (nearest birthday). Maximum age at maturity is 70 years (nearest birthday).
And
Term : 10 to 15 years for regular premium.
10 years for single premium.
Minimum Instalment Premium :Rs 15/-
Minimum Sum Assured : Rs. 10,000/-
Maximum Sum Assured : Rs. 50,000/-
(Sum Assured shall be in multiples of Rs. 1,000/-)
Benefits:

Death Benefit:
Maturity Benefit:

Optional Rider:
Accidental Benefit Rider:

LIC DSE Recruitment 2010 | LIC Jobs Recruitment 2010 for 2418 Direct Sales Executives

2010-05-13T02:25:00.000-07:00

LIC Jobs Recruitment 2010
Post - Total vacancies - Pay Scale
DSE - 2418 - Rs. 25000/- per month/

If you have a bachelor’s Degree of a University in India. Or if you have he Bachelor Degree or Diploma in Marketing /Management.

Life Insurance Corporation of India (LIC) is invite you to join LIC as Direct Sales Executives 2418 Posts on Contract basis for 3 years.

Sponger link: find the best annuities
Candidates who are interested in LIC Vacancies Recruitment 2010 may apply before the last date: 24/05/2010.

Job Profile : It is primarily a Marketing job. The LIC DSE help to producing new business, providing LIC Policy servicing and related jobs from the areas alloted to them. Good working knowledge of English and also one Regional language preferably local language is desirable.

salary will be paid monthly, but keep in mind that its entirely performance based. And, declare amount amount of Rs. 25,000/- per month will be payable on achieving the business parameters, as prescribed in the Scheme.

Eligibility & Conditions

Qualification: Bachelor’s Degree of a University in India. Preference may be given to those applicants who possess who possess the Bachelor Degree or Diploma in Marketing /Management

ii) Good working knowledge of English and also one Regional language preferably local language is desirable.

Age Limit

Is 21-35 years as on 01/05/2010. SC/ST [40 Years] , OBCs [ 38 Yeras] , Ex-Serviceman [ 35 Years]

Selection

LIC Direct Sales Executives will be made on the basis of written test if necessary,followed by an Interview of candidates who qualify in written test. Elegible candidates will be called for an interview. The Life Insurance Corporation of India (LIC) reserves the right to restrict the number of candidates to be called .

Written Test Date & Paper Patern
DSE 2010 written test will be objective type covering sales aptitude, Test of Reasonning,Numerical Ability and Genral Knowledge.

Remuneration: DSE will be entirely performance based , and monthly. An amount of Rs. 25,000/- per month will be payable on achieving the business parameters, as prescribed in the Scheme. However, the same can be higher or lower, depending upon the business performance.

There is no upper limit to earn the remuneration based on performance.

How Can apply
To apply LIC Vacancies Recruitment 2010 for 2418 Direct Sales Executives LIC India Submit your application to the concerned LIC Division Offices.

Last date for receipt of application form together with demand draft towards fee will be 24.05.2010.

Add a superscription on cover"Application for Engagement of Direct Sales Executives"

To know more about LIC Direct Sales Executives Please visit

LicIndia.in/Pages/Notification_Northern_Zone.pdf

Partner Links : Employment-News - Rojgar samachar Edinburgh Jobs

LIC policy status

2010-05-10T02:22:00.000-07:00

Posted for lic-premium.blogspot.com

Get LIC Policy Status on Phone or on Email ID. Check LIC Policy status LIC Policy status FAQ LIC 1251

LIC Policy :- If you have LIC Policy,it ensures that your family will receive financial support after life or with life (Zindagi ke saath bhi, zindagi ke baad bhi). At many time we see some question in LIC Froum,blog or on many community site about LIC policy status. Many LIC policy / ies holder want

Check LIC Policy status

, for example I have collect some comment please have a deep look because most probably chance is that you get your LIC Policy status FAQ answer here.

Q1. How to check LIC policy status online? Posted by ghaja m
Q2. How to know my LIC policy status though Phone ? Posted by purushothaman
Q3 .How can i check my lic policy status although i tried to register yet i unable to register on LIC india . can Anyone help me ? Posted by amol and so on.

LIC Policy Status on Phone / Online.

Yes, Life Insurance Corporation 's any policy holder or adviser can check LIC policy status on phone also but only in these selected cities. To check LIC Policy Status on Phone simply dial 1251 (4 digits only) to LIC Phone Help Line available 24x7 in the following cities.

Asansol

Allahabad

Aurangabad

Bareilly

Coimbatore

Dharwad

Gorakhpur

Gwalior

Hazaribagh

Jodhpur

Jammu

Kozhikode

Kota

Kolhapur

Meerut

Mysore

Nashik

Patna

Pondicherry

Rajkot

Ranchi

Salem

Surat

Shillong

Shimla

Thanjavur

Vadodara

Varanasi

Related Tag : check LIC policy status on line, Get LIC Policy Status, LIC 1251 ,LIC IVRS

SEBI closed 14 companies 's ULIP

2010-04-12T02:03:00.000-07:00

SEBI bars 14 insurers from issuing ULIPs;

Afetr a long internal discusion the Securities and Exchange Board of India (SEBI) late Friday night barred 14 life insurance companies in India from issuing unit-linked insurance products (ULIPs) with immediate effect.
These company are

Tata AIG
S.B.I Life Insurance
Max New York Life Insurance
ICICI Prudential Life Insurance
Reliance Life Insurance
ING Vysya Life Insurance
Kotak Mahindra Old Mutual Life Insurance Ltd.
Bjaj Alianz life insurance
Bharti AXA Life Insurance
Birla Sun Life Insurance
HDFC Standard Life Insurance
AEGON Religare Life Insurance
Aviva Life Insurance
MetLife India Insurance

Life Insurance Corporation ( LIC ULIP ) is safe from this decision.
Why banned

Actually in January and December, SEBI had issued a legel notices to these Insurance comapny , and wass ask why and how they can launched without SEBI approval and why appropriate action should not be taken against them.

What are ULIP

ULIPs are a category of goal-based financial solutions taht combind Life Insurance and Mutual Fund also, insurance compnies get more then 70% premium from ULIP.

SEBI?

LIC Online Payment

2010-03-18T02:45:00.000-07:00

Online Payment - Life Insurance Corporation of India

Life Insurance Corporation of India make the payment easy for LIC Policy holder, now you can pay online LIC premium and obtain the LIC services also. Through the portal 's on demand services just in few clicks.

To avail LIC online payment facilty you have to become a registered customer which you can do online at LIC website by entering the policy details, premium amount, email id.
If you are not registered don't worry WE will give you tips to register or pay online LIC premium

Once the policy number, insurance scheme, amount of premium, amount of sum assured are verified you will get an email from LIC to the email id of registration.

Please Visit LIC website (LIC Officially website) www.licindia.in/epslogin.htm TO Register and follow steps.

Here’s a simple step-by-step guide to use LIC Online Payment facility :

Once you have enrolled your policy(s), you can click on the link ‘Pay Premium Online’ to see a list of policies whose premium is due.
You have a choice to select the policies for which you want to pay premium.
You will be directed to a page where you can choose from multiple banks for payment and will be directed to the login page of the selected bank. It is essential that you have a net banking account with at least one of these banks.
At the bank site you will need to login with your net banking user name/password. On successful login, the total amount to be paid by you towards LIC will be displayed.
Please verify your balance (displayed) and confirm the transaction to the bank. Simultaneously successful/unsuccessful transaction message will be flashed.
On successful transaction, a digitally signed e-receipt will be generated and e-mailed to you. In case of an unsuccessful transaction you will be informed and the reason thereof.

List of bank that support LIC Online Payment
You can use Net Banking accounts with any of the following banks:-

* Bank of India * Union Bank of India * Punjab National Bank * State Bank of India * State Bank of Indore * HDFC Bank * ICICI Bank * Axis Bank * Citibank * IDBI Bank * Centurion Bank of Punjab (erstwhile Centurion Bank) * Centurion Bank of Punjab (erstwhile Bank of Punjab) * IndusInd Bank * ABN AMRO Bank * Kotak Bank * Bank of Baroda * Bank of Baroda - Retail NetBanking * Bank of Baroda - Corporate NetBanking * State Bank of Patiala * State Bank of Bikaner & Jaipur * State Bank of Travancore * City Union Bank * Indian Overseas Bank * Karnataka Bank * Oriental Bank of Commerce * State Bank of Hyderabad * State Bank of Mysore * State Bank of Saurashtra * South Indian Bank * Yes Bank

This facility is available for all non-ULIP policies. Credit card payments are not accepted under this payment facility.

Notes: You have to create separate user id if you are enrolling policy for different persons. It is because the system will not allow you to enroll the policy if the profile birth date and enrolled policy holder’s birth date does not match. They also suggested to use the separate user id for each person.

Lanyards | Wireless Surveillance Cameras

LIC Career - LIC Jobs

2010-03-17T02:02:00.000-07:00

LIC ADO 2010 Recruitment

Life Insurance Corporation (LIC) conducting a Written Test on June 13, 2010 for total 5578 vacancies under ADO category which are divided in various zones as per their requirement. The selection and appointment will be subject to the reservation of SC/ST/OBC as per rules.
IMPORTANT DATES :
Last date for reprint : 03.05.2010

Written Test ( for LIC recruitment 2010) : June 13, 2010

LIC ADO Written Exam Pattern
LIC ADO recruitment 2010 Written Exam will be objective type, multiple choice.
Duration: 2 hours
Topics: Test of Reasoning and Numerical Ability

General Knowledge, Current Affairs and English Language (Special emphasis on Grammar and Vocabulary)
General Knowledge, Current Affairs and English Language (Special emphasis on Grammar and Vocabulary)

Selection will be made on the basis of a written test followed by an Interview of candidates who qualify in the written test.

Preference :
If you are not associated with LIC in any way and are applying as a fresh candidate, you are not required to have any experience as such. But, preference will be given to those candidates having 2 years experience in Insurance Industry.
Work Profile for LIC ADO
The selected candidates will be

Recruiting suitable persons to be appointed as life insurance agents, training them and help them sell life insurance to maximum number of persons
Interacting with customers and provide after sales service,
Performing any other liaison work leading to development of life insurance business and
Required to tour extensively in their allotted area and help to sale LIC Policy (such as LIC wealth Plus ) .

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LIC Wealth Plus

2010-03-10T04:24:00.000-08:00

LIC (Life Insurance Corporation ) Indias has launched new plan Wealth Plus on 9th Feb. This new unit linked insurance plan (ULIP) having a term of 8 years.

LIC Wealth Plus you will get gauranteed return of highest NAV of the first 7 years of the 8th year NAV, whichever is higher.

In first eight days LIC has earn 3 crore by LIC Wealth Plus plann. Currently per NAV cost is Rs. 10 . And main thing is that aftre eigt year when you will reciev your return market status will not affect your return :) .

If any persion break LIC Wealth Plus before eight year , payment will be on based of that time rate.

Wealth Plus plan comes with an option of choosing from either of a single premium or 3 years payment term. And in case of death during policy term, the plan returns basic sum assured plus fund value.

Main Feature of Wealth Plus

Either 3 years premium payment term or single premium as per client’s choice.
Gauranteed return of highest NAV of the first 7 years or the 8th year NAV, whichever is higher.
Either 3 years premium payment term or single premium as per client’s choice.
Risk cover of 5 times of the annualized premium or 1.25 times of single premium.
Partial withdrawal allowed at any time after 3 years.

LIC Wealth plus F.A.Q

Q. Is there Age lmit to purchase Wealth plus plan ?
A. IF you are in the age group of 10 to 65 years you can avail this plan by paying a minimum premium
Q. What is the minimum (single) and minimum(yearly) premium ?
A. Minimum single premium of Rs 40,000 and Minimum Yearly premium of Rs 20,000.
Q. Is Partial withdrawal allowed ?
A. Yes, you can partial withdrawal at any time but after 3 years.
Q. What about Loan on Wealth plus plan ?
A. Loan is not granted in this plan as one can avail the same via partial withdrawals. The plan also does not provide for payments of top up premiums.

LIC ULIP

2010-03-10T04:22:00.000-08:00

LIC's Unit Link whole life plans offer the twin benefits of investment plus insurance cover throughout your life.

LIC's plans are investment plans for those who realise the worth of hard earned money. These plans help you see your savings yield rich benefis and help you save tax even if you don't have consistene income

Unit plans are investment plans for those who realise the worth of hard-earned money. These plans help you see your savings yield rich benefits and help you save tax even if you don't have consistent income.

LIC's main Unit Plans are

Market Plus I

Profit Plus

Fortune Plus

Money Plus-I

Child Fortune Plus

LIC offices - Required offices space in meerut

2010-03-05T01:17:00.000-08:00

Life Insurance Corporation of India ( LIC ) required Office Premises on Lease basis preferably on Ground Floor having Carpet Area of around 2000 Square Feet(approx.) in Meerut.

Those having ownership and commercially approved ma should apply latest by 13-03-2010 upoto 12:00 PM(last date) in prescribed formate which can be obtained from LIC Divisional Offices Meerut on any working day during working hours on payment of RS.100/- .

Address :

Manager (O.S ), LIC of India, Divisional Offices,
Prabhat Nagar ,Saket ,meerut
Ph. 0121-2671939