Why LIC OF INDIA is better than other private sector insurance company?
LIC OF INDIA is public sector central government organization. Biggest insurance company in India. Service is the only aim. Profit is secondary. But private insurance company's main aim is profit only.
LIC OF INDIA and private insurance company have some same type of policy. Maturity amount is also same. But for that same policy premium amount in LIC is lesser than the private insurance company. So compared with private insurance company policy premium amount you pay in LIC is less.
After maturity period bonus will be anounced every year for all types of policy according to the profit of the company. Compared with other private insurance company LIC OF INDIA gives more and more bonus value. So you can get settlement amount more than other private insurance company.
LIC OF INDIA has around fifteen times more workers than private insurance company (Add all private insurance company). So service in LIC OF INDIA is more faster than private sector company.
In LIC OF INDIA you can pay your premium amount anywhere in India. No need to pay in particular branch only. This is like core banking.
Premium amount, Premium due date will be conveyed to you periodically. you can get statement of your policy whenever needed.
You can pay premium amount through online such us using debit card, credit card, net banking . No need to come to any LIC OF INDIA branch to pay premium.
Through Email policy status will be delivered to you. It is most useful to any policy holder.
LIC OF INDIA has the policy for all types of people such as ordinary workers, govt sector people, daily wages workers, rich people, IT workers, youngster, old people, house wife, child, students etc.
More than 75% of total policy holder in India took policy in LIC. LIC has proud to tell this. LIC of India has branches all over India (city, urban, semi urban, villages, metro).
High market value in share market. Biggest share holder in share market. A lot of workers working in LIC of India.
LIC comes under IRDA (Insurance Regulatory and Development Authority).
CLAIM SETTLEMENT OF POLICY OF ALL INSURANCE COMPANY IN INDIA WILL BE EXPLAINED WITH CLEAR PICTURE BELOW.
LIC OF INDIA tops in claim settlement for the year 2012-2013.
LIC OF INDIA tops in claim settlement for the year 2011-2012
LIC OF INDIA tops in claim settlement for the year 2010-2011
For any help regarding insurance policy contact our Development Officer or Click here
LIC OF INDIA is public sector central government organization. Biggest insurance company in India. Service is the only aim. Profit is secondary. But private insurance company's main aim is profit only.
LIC OF INDIA and private insurance company have some same type of policy. Maturity amount is also same. But for that same policy premium amount in LIC is lesser than the private insurance company. So compared with private insurance company policy premium amount you pay in LIC is less.
After maturity period bonus will be anounced every year for all types of policy according to the profit of the company. Compared with other private insurance company LIC OF INDIA gives more and more bonus value. So you can get settlement amount more than other private insurance company.
LIC OF INDIA has around fifteen times more workers than private insurance company (Add all private insurance company). So service in LIC OF INDIA is more faster than private sector company.
In LIC OF INDIA you can pay your premium amount anywhere in India. No need to pay in particular branch only. This is like core banking.
Premium amount, Premium due date will be conveyed to you periodically. you can get statement of your policy whenever needed.
You can pay premium amount through online such us using debit card, credit card, net banking . No need to come to any LIC OF INDIA branch to pay premium.
Through Email policy status will be delivered to you. It is most useful to any policy holder.
LIC OF INDIA has the policy for all types of people such as ordinary workers, govt sector people, daily wages workers, rich people, IT workers, youngster, old people, house wife, child, students etc.
More than 75% of total policy holder in India took policy in LIC. LIC has proud to tell this. LIC of India has branches all over India (city, urban, semi urban, villages, metro).
High market value in share market. Biggest share holder in share market. A lot of workers working in LIC of India.
LIC comes under IRDA (Insurance Regulatory and Development Authority).
CLAIM SETTLEMENT OF POLICY OF ALL INSURANCE COMPANY IN INDIA WILL BE EXPLAINED WITH CLEAR PICTURE BELOW.
LIC OF INDIA tops in claim settlement for the year 2012-2013.
LIC OF INDIA tops in claim settlement for the year 2011-2012
LIC OF INDIA tops in claim settlement for the year 2010-2011
For any help regarding insurance policy contact our Development Officer or Click here
Life
Insurance Corporation (LIC) 97.42 712501 ICICI Prudential 96.53
14314 HDFC Standard 96.17 4952 SBI Life 95.48 11328 Kotak
Mahindra 92.1 2716 Birla Sun Life 90.94 9925 Bajaj Allianz 90.61
24658 Max New York 89.84 8113 Aviva 89.55 2006 ING Vyasa 88.82
2510 Bharti AXA 87.7 820 Star Union Dai-Chi 86.16 411 Reliance
Life 84.58 17367 Tata AIG 83.94 4287 IndiaFirst 82.23 449 Met
Life 81.37 1769 Canara HSBC 80.58 361 Sahara India 77.97 814
Future General 68.06 1366 IDBI Fortis 67.46 423 AEGON Religare
66.06 181 Shriram 64.93 937 DLF Pramerica 24.46 57 - See more
at:
http://www.knowledge.fintotal.com/Claim-Settlement-Ratio-of-Life-Insurance-Companies/6500#sthash.yW9DsTW9.dpuf
Life
Insurance Corporation (LIC) 97.42 712501 ICICI Prudential 96.53
14314 HDFC Standard 96.17 4952 SBI Life 95.48 11328 Kotak
Mahindra 92.1 2716 Birla Sun Life 90.94 9925 Bajaj Allianz 90.61
24658 Max New York 89.84 8113 Aviva 89.55 2006 ING Vyasa 88.82
2510 Bharti AXA 87.7 820 Star Union Dai-Chi 86.16 411 Reliance
Life 84.58 17367 Tata AIG 83.94 4287 IndiaFirst 82.23 449 Met
Life 81.37 1769 Canara HSBC 80.58 361 Sahara India 77.97 814
Future General 68.06 1366 IDBI Fortis 67.46 423 AEGON Religare
66.06 181 Shriram 64.93 937 DLF Pramerica 24.46 57 - See more
at:
http://www.knowledge.fintotal.com/Claim-Settlement-Ratio-of-Life-Insurance-Companies/6500#sthash.yW9DsTW9.dpuf
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