Life Insurance Corporation of India

Buying a life insurance plan is very important. The myth is that it is something you need to think of when you grow old.

LIC provides the best life insurance policy

Our experience as a life insurance agent in Mumbai tells us that it is always a wise and worthy financial decision to take a life insurance plan early.

Trusted LIC Life Insurance agent in Thane & Mumbai

Get a good life insurance policy and secure your family. Started in 2004, we specialize in providing LIC life insurance policies. Making us a trustable insurance agent in Thane & Mumbai.

What is Life Insurance policy?

Life insurance is a contract between the policy holder and the insurance company.

This is like a contract. Here, the insurance company promises to pay a certain lump sum amount of money. Either to the policyholder or to the nominee in case of a certain event like death. In return for the premiums paid by the policy holder to the insurance company.

Why do you need a life insurance policy plan? 

Well, a family is generally dependent on the income that the earning member brings into the family. So, the family is secure till the earning member lives and the income is received steadily. But should death suddenly come then the family would be left in a difficult situation and sometimes in a lot of poverty.

Yes, nobody wants to be in that situation, and we all pray for the well-being of our family. However our focus should always be to avoid any risk. Hence buying a life insurance makes perfect sense. And is very important to secure and safeguard your family’s future.

What are the benefits of having a Life Insurance policy?

Guaranteed returns

After you take a Life Insurance Policy. You will be saving money over a time period. This can become a powerful investment plan with a steady source of profit when you are nearing your retirement phase.

Financial protection against the risk of death

Under a life insurance policy plan. In case of a risk situation like death. The full sum assured is made available and whereas under the other saving schemes the total accumulated savings might be lesser than the sum assured in the early years.

Income Tax Relief

With life insurance policy, you also get tax benefits and can save a good amount of money. Under the section 80C and section 10(10)D of the Income Tax Act 1961. Life insurance policies can offer the benefit of tax deduction on premiums paid. And also provide tax free sum assured amount.

Long Term Compulsory saving

Think about this! If you take a savings deposit, there would be a chance that you may not be able to resist the temptation of using the balance for some less worthy purpose. Hence a life insurance ensures that you cultivate a saving habit and have in effect a compulsory saving plan.

Loan and borrowing facility

After a certain period, if say the policy holder finds himself unable to pay the premium. He can very well surrender the policy to get a cash sum. Besides this, say the policy holder is in urgent need of money. He can take a loan on the sole security of the policy immediately.

From which life insurance provider should I take my policy?

We provide life insurance policies from Life Insurance Corporation of India (LIC).

What is LIC? Founded on 1st Sept 1956. This is an insurance group and investment corporation owned by the Government of India.

With its slogan, Yogakshemam Vahamyaham in Sanskrit which means “Your welfare is our responsibility”. LIC is the most trusted insurance brand in India.

Why buy LIC policy from us when I can buy everything online?

Yes, you can very well buy everything online. However we provide an insurance advisor service. We provide complete customized policy planning and even post policy purchase services like assisting in claim settlement is done.

Let us connect over this! Drop us a line and we will provide you with customized health and life insurance plans

Started in 2004, we have provided life and health insurance services in Thane and Mumbai. We will help you get insured and secure your lives. With our expertise, we will provide guidance on what to look for when you are about to buy a policy. We insure, protect and empower your lives providing you the right fit for your insurance needs.