Insurance Glossary

Published Guide Editorially Updated Mobile Friendly LIC INFORMATION PAGE

A practical LIC guide with calculator, policy details, benefits, eligibility and important conditions.

Content TypeDetailed Guide

StatusPublished Guide

GLOSSARY

Understand common insurance and policy terms in simple language.

LIC Anmol Jeevan Plan 153 was a traditional pure term insurance policy introduced by the Life Insurance Corporation of India…

LIC Bima Account II Plan 806 gained popularity as a straightforward insurance and savings plan that combined guaranteed returns with…

Insurance plays an important role in financial planning by offering protection and long-term financial security for individuals and their families.…

LIC Bima Jyoti Plan 860 is a traditional life insurance policy that combines financial protection with guaranteed savings. The plan…

LIC Bima Ratna Plan 864 was a traditional life insurance policy introduced by the Life Insurance Corporation of India (LIC)…

LIC Child Fortune Plus Plan 194 is a Unit Linked Insurance Plan (ULIP) introduced by the Life Insurance Corporation of…

LIC Child Future Plan 185 was a child-focused life insurance policy introduced by the Life Insurance Corporation of India to…

LIC Whole Life Policy Single Payment Plan 08 is a traditional whole life insurance policy offered by LIC that requires…

LIC Jeevan Sugam Plan 813 was a unique life insurance product introduced by the Life Insurance Corporation of India in…