LIC of India Pathankot

LIC of India Pathankot It is provide information of LIC of India & branch office of pathankot .

LIC ADO Recruitment 2015 – Apply Online for 5066 ADO PostsAge Limit: 21 - 30 YearEducational Qualification: Candidates s...
17/06/2015

LIC ADO Recruitment 2015 – Apply Online for 5066 ADO Posts
Age Limit: 21 - 30 Year

Educational Qualification: Candidates should possess Bachelor’s Degree
Selection Process: Candidates will be called for online test and/ or interview
Last Date for Submission of Online Applications : 30-06-2015.
For more info Click Below http://vipstudies.blogspot.in/2015/06/lic-ado-recruitment-2015-apply-online.html

Merry Christmas
25/12/2014

Merry Christmas

26/08/2014

LIC premium collection share at 73 per cent

NEW DELHI: India's largest life insurance company LIC had about 73 per cent share in the total premium collected over the last three financial years amounting to Rs 6.48 lakh crore.

The total premium collected by all the life insurance companies during 2011-12, 2012-13 and 2013-14 was at Rs 8.88 lakh crore, according to official data.

Among private players, ICICI Prudential had the highest share in life insurance premium collection at Rs 39,988.47 crore, followed by SBI Life - Rs 34,322.37 crore, HDFC Standard - Rs 33,587.98 crore, Max Life - Rs 20,307.77 crore and Bajaj Allianz - Rs 20,219.64 crore.

Besides, Birla Sun Life had a gross premium collection of Rs 15,934.71 crore during the previous three fiscals, while Reliance Life collected Rs 13,826.41 crore.

The collective claims settlement by all the 25 life insurers, including individual and group insurance, stood at Rs 36,155.53 crore for the past three stood at Rs 36,155.53 crore for the past three fiscals.

There have been instances of complaints regarding delayed settlement as well as demand for additional documents at the time of settlement, and the government has taken various remedial measures to check this, as per the data.

"Insurance Regulatory and Development Authority (IRDA) constantly monitors the claims payment position of the insurance companies by collecting the claims payment data on quarterly basis.

As per IRDA's regulatory framework for the protection of policyholders' interest, insurance companies are required to acknowledge grievances within three days and resolve complaints within two weeks, provision of 17 insurance ombudsman to different geographical areas for addressing grievances of policyholders.

28/05/2014

LIC New Janaraksha Plan
Summary Info
Insurance Company Life Insurance Corporation of India
Plan Name LIC New Janaraksha Plan
Plan Nature TRADITIONAL
Plan Category Protection Plan
UIN No. 512N083V01
About Plan This is an Endowment Assurance plan that provides financial protection against death throughout the term of plan. It pays the maturity amount on survival to the end of the term.

26/05/2014

LIC’s New Online Term Plan – e-Term
Finally the wait is over, LIC Launched its First Online Term Plan (e-Term). This is the second online plan from LIC after the launch of pension plan Jeevan Akshay VI.

LICs Online Term Plan – eTerm features and Benefits.

You can buy plan only through online / internet.

For Sum Assured upto Rs.49,00,000 only aggregate premium will be applicable.
From Rs.50,00,000 onward you have option to choose whether you are smoker or non smoker.
If you are smoker then aggregate category only. But if non smoker then you need to mention it and accordingly premium will vary.

Death benefit of eTerm an Online Term Plan from LIC:
Death benefit will be equal to Sum Assured

Maturity Benefit of eTerm – an Online Term Plan from LIC:
There is no maturity benefit under this plan

Minimum Sum Assured -
Aggregate category is fixed Rs. 25,00,000. (25 Lacs) (For Smokers)
For non smoker it is Rs. 50,00,000 to no maximum limit.

Minimum Age at entry is 18 Yrs.
Maximum Age will be 60 Yrs.
Maximum cover you can opt upto 75 Yrs.
Minimum Policy Term is 10 Yrs.
Maximum Policy Term is 35 Yrs.
You have to pay premium only on annual/ Yearly base.
Grace period of 30 days will be available for premium payment.
You can pay the subsequent premiums online either through net-banking/credit card/debit card.
How to buy this plan online?

Visit LIC Online Plans Page by clicking LIC DIRECT.
Select your residential status by clicking as below and click on the tab called Confirm & Proceed. Here you have two options too. One is for new customer and another is for those who calculated previously, for them need to enter Access ID (10 digit number which will be sent to your provided mobile number and to mail id).
Calculate your premium in next step. Enter details like Sum Assured, Date of Birth, Term and whether you are smoker or not.
Premium will be displayed and you can either recalculate or proceed further.
Proceed to fill your personal details in below step. Please remember that this online purchase is set for cities only. So if you not belong to any of cities mentioned in drop down then select city which is nearest to you.
Access ID will be generated and which will be sent to your mobile number and email id.
Now below are some instruction to proceed and complete the process of buying online:
You must be in India while buying a plan as you need to undergo the health check up.
PAN Number is must.
Form 16 or ITR of last three years is must.
Details of all your existing insurance (irrespective of insurance company)
Details of family members.
Details of medical history.
Details of Bank like Account number and MICR code etc.
e Term Access Id – Click on Proceed tab and which asks for 10 Digit Access ID. Provide the same and click on proceed.
Provide Personal details, Correspondence details, Identity details, employment details, employment details, lifestyle details, nominee details and finally add family members details. Now add your previous policy details, medical details, provide bank details, personal financial quarries and confirm finally that you understood all the policy details.
Finally view the proposal form in PDF format. If you found any incorrect data then modify once again. Otherwise proceed for buying it through net-banking/credit card/debit card.

24/05/2014

LIC’s NEW PLAN 2014 – Anmol Jeevan 2 (Table No. 822)

LIC logo

With effect from 3rd February 2014, two new plans – Anmol Jeevan2 (Table No. 822) and Amulya Jeevan 2 (Table 823) has been introduced in the market. Following are some of the features of this plan.

LIC’s Anmol Jeevan – II is a protection plan which provides financial protection to the insured’s family in case of his/her unfortunate demise.

Benefits
Death Benefit: In case of unfortunate death of the Life Assured during http://www.paisatalks.com/wp-content/uploads/2013/04/lic-term-plan.jpgthe policy term Sum Assured shall be payable.

Maturity Benefit: On survival to the end of the policy term, nothing shall be payable.

Minimum Sum Assured : Rs. 6,00,000
Maximum Sum Assured : Rs. 24,00,000
(The Sum Assured shall be in multiples of Rs. 1, 00,000/-)

Minimum age at entry : 18 years (completed)
Maximum age at entry : 55 years (nearest birthday)
Maximum cover ceasing age : 65 years (nearest birthday)
Minimum policy term : 5 years
Maximum policy term : 25 years

Payment of Premiums:
Premiums can be paid regularly during the term of the policy at yearly or half-yearly intervals.

A grace period of one month but not less than 30 days will be allowed for payment of premiums.

Address

Pathankot

Telephone

0186 222 0322

Website

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