LIC introduces premium payment through Credit Cards

 

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LIC pays Rs.1137.99 Crores to Union Government as Dividends for 2010-11

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Review - "Jeevan Vriddhi" on Investors Guide - Economic Times.

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 childrens, your business, etc. These are some reasons why people opt for life insurance. Unless you have a valid reason to insure your life, don't do so.

It is important to know that a life insurance policy will simply ensure your family spend 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.

 

No alteration is allowed on cheques from August 1, 2010 onwards. Premium/ Proposal/ Policy details/ Policy Loan payments/ Interest payments beyond Rs. 50,000/= should be remitted only through Cheque/ Demand draft or any other banking channels only.Intimate change of address to your servicing branch office. Get your age admitted to avoid any inconvenience.Ensure that the nomination is effected in your policy. LIC has provided you the option to get your policy transferred to a branch of your choice. Review your lic needs from time to time.Be in touch with your and get adequate lic cover. Register online at http://www.licindia.com and pay premiums online and get immediate receipts to your email id.

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