Founded in 1956, Life Insurance Corporation of India (LIC) is the largest life insurance company in the country with a total income of Rs. 492626.60 crore and total assets worth Rs. 2572028.34 Cr It’s fully owned by the Government of India & is also the county’s largest investor.
Norms |
|
Minimum Age at Entry |
18 Years (Last Birthday) |
Maximum Age at Entry |
65 Years (Last Birthday) |
Maximum Age at Maturity |
70 Years (Last Birthday) |
Minimum Basic Sum Assured |
Rs. 5,00,000/- |
Maximum Basic Sum Assured |
Rs. 25,00,000/- (The Basic Sum Assured shall be in multiples of Rs. 50,000/-) |
Policy Term |
5 to 40 Years |
Premium Paying Term: |
|
Regular Premium |
Same as Policy Term |
Limited Premium |
5 Years and 10 Years |
Single Premium |
Lumpsum |
Riders |
No Riders |
Maturity Benefits |
No Maturity Benefits |
Vismayam Capital Services LLP
Corporate Office:
Suite 4,
JAI SAI COMPLEX, 200 Feet Road,
Thirumalai Nagar, Kolathur, Chennai,
Tamil Nadu. Pin code: 600099
+91 7358759995
+91 9150659995
+91 9150459995
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