Welcome to LIC Bangalore
Life Insurance Corporation ( LIC India) has been in the forefront in creating awareness among India people about Life Insurance. The reach of LIC had helped LIC Life Insurance to penetrate in rural areas also. For New LIC Life Insurance plans, call us at 9480240513 for experienced LIC Insurance Life Insurance consultants at 9480240513. LIC has established well beyond any other brand in the Indian Life Insurance market. With a strong network of over 2000 branches and nearly 12 lakh strong network of agents and this has made inroads in urban as well as rural areas and made its products easily accessible to the people of India.
LIC has been the leader in the life insurance sector in the country since inception. Life Insurance Corporation of India came into existence in January 1956 with the nationalization. LIC of India was established under LIC Act 1956, wholly owned by Government of India with sovereign guarantee.
Life Insurance is a must for every one. Life Insurance Corporation of India is the largest Life Insurance Company in terms of Policy holders and #1 in term of Claim settlement. Many people realize the need for Life insurance until it is too late. Planning early would help the policy holder to insure, save for future and tax exemption under 80C. Insurance plan should be opted at young age as it would mature at early stages of life so the benefits would also come early.
Life Insurance Policy
You may want to have Insurance cover if you know that you are the only source of income for your family. There could be several reasons for you to get a life cover. Your loan/ mortgage payments, your wife/ spouse and children, your business, etc. These are some reasons why people opt for life Life cover. Unless you have a valid reason to insure your life, don't do so.It is important to know that a Insurance policy will simply ensure your family spend their lives in relative comfort. You will have to define your objectives before you go for a life cover cover.
Enrolling for new policy involves making crucial decisions such as how much Insurance cover you need and without affecting monthly budget how much can be contributed. Some people without proper planning buy policy for an amount which they can at present but may face problem in future. Always ensure that you take your budget into account before you plan to insure yourself under Life Insurance plan.