Life Insurance

• When can a nomination be done?
• Do I need to obtain a duplicate copy of my lost policy in case I wish to surrender my LIC policy?
• What are the additional requirements to be fulfilled to settle death claims on LIC policies?
• What are the requirements to be fulfilled for settling maturity claims of LIC?
• What is the procedure for applying for a housing loan against my LIC policy?
• What is Nomination ?
• What is Assignment of an LIC policy?
• What do you mean by a paid-up LIC policy?
• How is the Paid-up value of an LIC policy calculated?
• What benefits are not accrued to a Paid-up LIC policy?
• Should I allow my LIC policy to become a paid-up one?
• What is the Free Disability Benefit on LIC policies?
• What is the date of commencement of risk for LIC policies?
• What is an Annuity?
• When do you receive Annuity payments on LIC policies?