By Dr. Malini Ganapathy
Life Insurance Corporation of India ( LIC ) is an Indian statutory Insurance and Investment Corporation . It is under the ownership of Ministry of Finance, Government of India. It provides security in terms of finances to the family of the policyholder under any unfortunate circumstances during the policy Tenure.
WHY LIC ??
The primary purpose of life Insurance is helping your loved ones to take care of their needs, especially at a time when you may no longer be around to provide for them.
Dual advantage of protection and savings, Integrated with financial assistance keep you insured lifelong .
- Death benefit
- Tax free maturity amount
- Tax benefits
- Valuable return on your investment
- Availability of loan
- Aids in financial planning through different life stages
- Guaranteed income
- Additional coverage
- Security of business.