Contents
- 1 LIC Buy New Policy 9886568000
- 1.1 A Safe and Secure Investment Choice with Government Guarantee
- 1.1.1 LIC Buy New Policy due to Government and Sovereign Guarantee
- 1.1.2 Safe and Secured Investment
- 1.1.3 Guaranteed Monthly Pension for Senior Citizens
- 1.1.4 LIC Buy New Policy for Children’s Education
- 1.1.5 Principal Safety and Assured Returns
- 1.1.6 Term Insurance for Comprehensive Protection
- 1.1.7 Additional Benefits of Choosing LIC
- 1.1 A Safe and Secure Investment Choice with Government Guarantee
LIC Buy New Policy 9886568000
A Safe and Secure Investment Choice with Government Guarantee
LIC Buy New policy online made easy. The government of India fully owns LIFE INSURANCE CORPORATION OF INDIA (LIC). Indian nationals, non-resident Indians, OVERSEAS CITIZEN OF INDIA (OCI) cardholders, and Persons of Indian Origin (PIO) can buy LIC life insurance policies from anywhere in the world.
Life Insurance Corporation of India (LIC) has long been a trusted name in the insurance and financial sector. As a government-backed institution, it provides a range of policies that cater to the financial planning needs of individuals across all age groups. The assurance of a sovereign guarantee on LIC policies makes them a particularly appealing option for those seeking a safe, secure, and reliable investment avenue.
LIC Buy New Policy due to Government and Sovereign Guarantee
One of the standout features of LIC policies is the sovereign guarantee provided by the Government of India under Section 37 of the LIC Act, 1956. This guarantee ensures that the sum assured and any bonuses declared are fully secure. Unlike other investment products that carry market risks, LIC policyholders can rest assured that their investments are backed by the government’s commitment. This government backing makes LIC policies ideal for risk-averse investors seeking financial stability.
Safe and Secured Investment
LIC policies are designed to provide long-term financial security. With disciplined savings and guaranteed returns, these policies offer a combination of insurance protection and wealth creation. Whether it is for children’s education, retirement planning, or securing the financial future of loved ones, LIC policies provide a dependable financial cushion. The principal amount invested in LIC is safeguarded, making it a worry-free investment option.
Guaranteed Monthly Pension for Senior Citizens
For senior citizens seeking a regular source of income post-retirement, LIC offers pension plans such as the Pradhan Mantri Vaya Vandana Yojana (PMVVY) and Jeevan Akshay. These plans guarantee a fixed monthly pension, ensuring financial independence during the golden years. The guaranteed payouts and the government assurance make them a preferred choice for retirees looking for stability and peace of mind.
LIC Buy New Policy for Children’s Education
Parents often worry about securing their children’s educational future. LIC’s child education policies, such as the LIC New Children’s Money Back Plan and Jeevan Tarun, are designed to build a corpus for educational expenses. These plans offer regular payouts at crucial stages of a child’s education, alleviating financial stress for parents. Additionally, the life cover component ensures that the child’s future remains financially secure, even in the absence of a parent.
Principal Safety and Assured Returns
LIC’s endowment and money-back policies provide a dual benefit of insurance protection and savings. These plans guarantee the return of the principal along with accumulated bonuses at the end of the policy term. Unlike equity-linked investments, LIC policies are free from market fluctuations, ensuring consistent growth of your funds.
Term Insurance for Comprehensive Protection
Term insurance plans from LIC, like the LIC Tech Term Plan and LIC Jeevan Amar, offer high coverage at affordable premiums. These policies provide financial security to the policyholder’s family in the event of an untimely demise. With a sovereign guarantee, policyholders can trust LIC to fulfill its financial obligations, ensuring their family’s future remains protected.
Additional Benefits of Choosing LIC
Loan Facility: Many LIC policies offer a loan against the policy’s surrender value, providing liquidity during emergencies.
Bonus Benefits: LIC declares bonuses on participating policies, enhancing the policyholder’s corpus.
Tax Benefits: Premiums paid towards LIC policies qualify for tax deductions under Section 80C, while maturity proceeds are exempt under Section 10(10D) of the Income Tax Act.
Policy Customization: LIC offers flexibility in choosing policy terms, premium payment modes, and riders for enhanced coverage.
Investing in an LIC policy is not just about securing insurance; it is about ensuring financial stability and building a secure future. With the unparalleled advantages of a sovereign guarantee, guaranteed returns, and comprehensive protection, LIC policies remain a trusted choice for millions of Indians. Whether it is for a comfortable retirement, your child’s education, or ensuring your family’s financial security, LIC policies are a prudent and reliable investment option. Choose LIC for a safer and brighter tomorrow.
Some unknown phone calls may try to give false promises or monetary benefits to reveal your policy number and other details, or ask you to make payment to any individual name or bank account. LIC Of India will never call, SMS, WhatsApp, email, or email anyone. Do not share your personal or bank details with fraudsters; never click suspicious or phishing links.
While buying any insurance product online, be careful. The insurance proposer often lost the funds online after paying to unknown people and at fake websites. Always buy insurance from a known person for safety and after-sale services.
LIC of India is the only life insurance company with a sovereign guarantee on the sum assured and the bonuses as per Section 37 of the LIC Act, 1956, from the Indian Government.
