LIC PREMIUM POINT
M M ROAD PILATHARA
PO. PILATHARA, DT. KANNUR 670504
9447035472
8848656959
kalasaparambil@gmail.com
Life Insurance Corporation of India (LIC) offers Term Insurance plans that serve as the purest form of life protection. These policies are designed to provide a substantial, guaranteed financial safety net for your family in the event of your unfortunate demise during the policy term. Term plans are celebrated for their affordability, allowing individuals to secure a high Sum Assured for a relatively low premium.
LIC’s term assurance plans are non-linked and non-participating, meaning they are pure risk products with no investment component, ensuring all premium paid goes towards the life cover.
LIC currently offers several distinct term assurance products, catering to various customer preferences for purchase channels, coverage type, and premium payment flexibility:
This is LIC's flagship online-only term plan, designed for ease of purchase and often featuring highly competitive premium rates.
This plan is the offline counterpart to the New Tech-Term, offering similar features but available for purchase through agents, brokers, and other intermediaries.
This is a standardized term product mandated by the insurance regulator (IRDAI) to make basic term insurance accessible and easy to understand.
Both the New Tech-Term and New Jeevan Amar provide the flexibility for the policyholder to choose how the Death Benefit will be paid to the nominee:
Choosing the right LIC Term Insurance plan ensures that your loved ones are financially protected against life's uncertainties, securing their future even when you are not around.
LIC Bima Jyoti-860 is an endowment plan that offers dual protection of savings and protection. The plan provides financial security to policyholders’ loved ones in case of his/her unfortunate demise during the policy tenure. A guaranteed payment is also made to the policyholder at maturity if he/she survives it.
LIC Jeevan Umang is a whole-life insurance plan that provides income + protection + lump-sum maturity benefit.
A single premium, non-linked, non-participating annuity plan
LIC SIIP is a unit-linked, regular premium life insurance plan that offers both life cover and market-linked investment returns.
It provides flexibility, guaranteed income options at retirement, and the security of LIC’s brand.
It’s perfect for those who want long-term investment growth with life cover security — all in one plan.
It’s ideal for those who want security, guaranteed returns, and no recurring premiums.
t’s ideal for those who want risk-free savings with life insurance protection.
This plan is perfect for those who want to secure their family’s financial goals (like children’s education or marriage) while building long-term savings.
This plan helps small savers build a secure future with affordable premiums.
LIC Jeevan Utsav – A Lifetime Celebration of Guaranteed Income and Security
LIC Amritbaal Plan – Secure Your Child’s Bright Future with Guaranteed Growth
“Protecting lives and dreams with LIC’s trusted assurance.”
“Safeguarding your health with trusted coverage and care.”
