Life insurance policies from LIC and its GIFT City branch. A policy mixes two things that are priced separately elsewhere: a death benefit, and a savings or pension component. The premium depends on your age, the term and the sum assured, so it is never a single number.
Life Insurance Corporation of India
A savings policy that pays a guaranteed lump sum at maturity and adds guaranteed additions of ₹50 per thousand of sum assured.
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Life Insurance Corporation of India
A single-premium savings policy with a guaranteed lump sum at maturity, sold as protection plus savings.
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Life Insurance Corporation of India
A US-dollar unit-linked plan sold from LIC's GIFT City branch — premiums buy units in one of four funds, with life cover.
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Life Insurance Corporation of India
A unit-linked savings plan: part of each premium buys life cover, the rest buys units in a fund you choose.
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Life Insurance Corporation of India
An immediate annuity: pay a single premium and the pension starts straight away, at a rate fixed for life.
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Life Insurance Corporation of India
A single-premium endowment with guaranteed additions of ₹85 per ₹1,000 of sum assured, paid at maturity.
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Life Insurance Corporation of India
A pure term plan: it pays your family if you die during the term and nothing if you survive it.
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Life Insurance Corporation of India
A deferred annuity with regular or single premiums, where you choose when the pension starts — up to 15 years later.
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Life Insurance Corporation of India
A deferred annuity: pay a single premium now, and a guaranteed pension starts after a waiting period you choose.
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Life Insurance Corporation of India
A unit-linked pension plan: premiums buy units in a fund, and the corpus is converted into an annuity at vesting.
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Life Insurance Corporation of India
A unit-linked savings plan with four fund choices, life cover, and a refund of mortality charges if you survive to maturity.
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Life Insurance Corporation of India
An IRDAI standard immediate annuity, sold on identical terms by every insurer: pension for life with the purchase price returned on death.
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Life Insurance Corporation of India
An immediate annuity with a wide range of options, including liquidity, advance annuity and annuity accumulation.
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