lic-recruitment

LIC Recruitment |LIC Jobs 2020

Spread the love

LIC Recruitment 2020

  • LIC AAO (Notification, apply online, syllabus, result)
  • LIC ADO (Notification, apply online, syllabus, result)

LIC Recruitment 2020 Free Job Alert for updated and experienced candidates on 25 February 2020. Get direct official link to apply LIC Recruitment 2020 with current LIC Career official notification 2020. Get all the recent LIC Vacancy 2020 across India and check all the latest LIC 2020 jobs opens immediately, know the upcoming LIC Recruitment 2020 right here

What Is LIC India?

Life Insurance Corporation was established on 1 January to 16 January. This work was done that day through the merger of 1 insurance company and Pro 75 providers. On June 1, 1966, Parliament passed the LIC india Act, which came into force on July 1, 1956.

Life Insurance Corporation started its journey as a corporate company on September 1, 1956. All this work was done under the LIC Act.

The main function of LIC india is to invest. It is an investment institution. Its main function is to raise money from the people and invest in various securities and financial markets in India and abroad.

As a rule, Lic india is required to invest at least 75% of its funds in central and state government securities. By far, LIC india  is the largest investment institution in India.

The funds are raised from the public by issuing insurance policies and the money is invested in the Indian financial markets. It also provides term loans and bonds to raise money from the market.

Not only that, LIC india has become the largest insurance company in the world in terms of many policies. By 2019, the total coverage of policies, including individual, group and other social schemes, has gone beyond Rs 13 crore.
 

What Is The Benefit Of LIC India Policy?

LIC Idia Policy Death Benefit:

A) Death during the term of the policy before the date of commencement of risk: Return of a premium without interest, excluding service tax and additional premium.

B) Death during the term of the policy after the date of commencement of the risk: with the original simple reversionary bonus and final additional bonus if anything with the insured

Best website for movie download

In addition to the prescribed amount, the original simple rebate bonus and the final additional bonus will be payable if any.

LIC Policy Maturity Benefit:

Profit Participation: This policy will contribute to the profits of the corporation and will be eligible for a simple rebate bonus based on the experience of the corporation.

The final (additional) bonus under the policy may also be declared in case of death or maturity claim on such terms and conditions as may be declared from time to time in the policy statement.

Lic Career : Lic India Recruitment 2020

Life Insurance Corporation (LIC) is recruiting candidates for the posts of Assistant, Associate and Assistant Manager, ADO, Assistant, Digital Marketing Executive, LIC AAO and other vacancies

It is difficult for you to visit LIC of India career or official visit of LIC. The website www.licindia.in (OR) is www.lichhouse.com to find available career opportunities. We will give you the necessary information about LIC career 2020 opportunities and post here with LIC recruitment notifications.

In LIC 2000, LIC will issue a notification to the Assistant Administrative Officer (AAO). When the Indian Parliament nationalized the insurance industry in 1959, LIC now has more than a thousand offices in India with assets of over Rs 1 lakh crore. . Headquartered in Mumbai, India. LIC has about 1 lakh 14 thousand employees and 6 subsidiaries including IDBI Bank.

Indian Banking Personnel Selection (IBPS) LIC is entitled to take the exam for AAO. Interested candidates who meet the eligibility criteria can apply online for the post of LIC AAO on its official website. Interested candidates can check the relevant information related to LIC AAO 2020 recruitment including important dates, eligibility, vacancies, exam sample and online application in the article.

best LIC policy plan status online, premium detail

Before starting career In  LIC lets have short look on what is LIC india? “What is the use of LIC policy?” In fact, it is not at all helpful for the insured. This is useful for the insured’s family. If you love your family and want to secure their future needs with money in your absence, this is a wonderful tool for you. Here I am just talking about the “term plan”. If you are under 35, you can buy at a lower premium. If you live in a metro city, your monthly petrol bill is less than that. This is where the answer to your question ends.

Now the second part for those who take life insurance policy for other parts.

Some people take out life insurance policies to keep their family safe, and most of us have tax savings and refunds. Most Indians use life insurance policies for tax savings and investment plans and expect higher returns from them. Insurance companies are taking full advantage of the Indian mentality. You may know that a few years ago we had a ULIP scheme in the market and insurance companies are busy deceiving investors. Yes, I use the word “investor”. This is because the policy was sold only to those who were using the life insurance policy as a means of higher returns and tax savings. Companies were paying handsome payments to their agents to sell these policies. The commission is up to 40% of the sum insured. Eventually the IRDA took action on these policies and approved an order to close these policies. Because at the time of sale some certificates were shown to more investors but the real situation was quite the opposite. This was a trap for investors.

So think before you take out a life insurance policy and choose the right one. A life insurance policy is not just for refunds. 

Which is the best LIC Policy 2020?:

LIC india has launched various schemes catering to different categories and segment of the Indian economy. Its main product is insurance plans for individuals. Below is the list of the major famous policy “Which is the best LIC india Policy 2020” available in India.

Better plan in LIC India?


» Lic’s Jeevan Pragati
» Lic’s Jeevan Labh
» Lic’s Single Premium Endowment Plan
» Lic’s New Endowment Plan
» Lic’s New Jeevan Anand
» LIC’s Jeevan Rakshak
» LIC’s Limited Premium Endowment Plan
» LIC’s Jeevan Lakshya
» LIC’s Aadhaar Shila
» LIC’s Aadhaar Stambh
» LIC’s Navjeevan


Whole Life Plans


» LICs Jeevan Umang


Money-Back Plans


» LIC’s Bima Shree Policy Document
» LIC’s Jeevan Shiromani Policy Document
» LIC’s NEW MONEY BACK PLAN – 20 YEARS
» LIC’s NEW MONEY BACK PLAN – 25 YEARS
» LIC’s NEW BIMA BACHAT
» LIC’s NEW CHILDREN’S MONEY BACK PLAN
» LIC’s Jeevan Tarun


Term Assurance Plans


» LIC’s Anmol Jeevan II
» LIC’s Amulya Jeevan II
LIC’s e-Term – Sales Brochure
LIC Tech Term Plan


RIDER Plans


» LIC’s Linked Accidental Death Benefit Rider
» LIC’s Accidental Death and Disability Benefit Rider
» LIC’s Accident Benefit Rider
» LIC’s New Critical Illness Benefit Rider
» LIC’s NEW TERM ASSURANCE RIDER – (UIN: 512B210V01)


Pension Plans


» Pradhan Mantri Vaya Vandana Yojana Policy Document
» LIC’s New Jeevan Nidhi
» LIC’S JEEVAN AKSHAY- VI (UIN: 512N234V06) Policy Document
» JEEVAN SHANTI POLICY DOCUMENT


Health Plans


» LIC’s JEEVAN AROGYA Policy Document
»LIC’s Cancer Cover Policy Document


Group plans 


» LIC’s Group Credit Life Insurance
» LIC’s SINGLE PREMIUM GROUP INSURANCE
» LIC’s New Group Leave Encashment Plan
» LIC’s New Group Superannuation Cash Accumulation Plan
» LIC’s NEW ONE YEAR RENEWABLE GROUP TERM ASSURANCE PLAN I
» LIC’s NEW ONE YEAR RENEWABLE GROUP TERM ASSURANCE PLAN II
» LIC’s New Group Gratuity Cash Accumulation Plan

LIC Online-login, premium, payment

LIC’s e-Services is LIC’s initiative to provide you LIC online india service in just a few clicks! You now have a lot of work that was only available at the branch office at your fingertips.

Lic Online payment facility


Facilities payable through renewal premium, loan-interest payable and loan repayment:
Net banking
Debit card
Credit card
Bhim
UPI
The renewal premium can be paid in all the policies except the policy in all the salary savings schemes and includes the policies registered for premium payment through Nach. Payment of premium is allowed from 1 month before the due date till the policy is implemented.
Loan interest cannot be paid as per VPBY and PMVVY scheme policy.
Visa, Master and debit cards allowing Rs
There are credit cards that allow Visa, Master and I Max.


LIC Policy schedule


The first page of the policy bond will be displayed.

LIC Policy status


Basic details of the policy such as plan-term, sum assured, start date, first unpaid premium etc. Will be shown.

LIC Bonus status


The total bonus deposited under the policy will be shown. This bonus is payable at the time of final payment under the policy.

LIC Debt status


The policy will show the current debt status, total debt arrears, interest paid on the loan, etc.

LIC Claim status


This option will indicate if there is a Survival Benefit (if any) payable under the policy during the term of the policy or the date of Maturity Benefit.

LIC Revival Quotations

Revival quotations will be provided in case of missed policies.

LIC Premium Payable Calendar

Details of premium payable throughout the year (by month) will be shown.

LIC Premium Paid Certificate:


Personal Policy – Provides a history of premiums paid under the same policy in the same financial year. (Available for 3 penalty years with current penalty year.)


Combined – Provides a history of premiums paid in the registered user’s own life policies (excluding spouse and children’s policies) during the financial year. (Available for 3 penalty years with current penalty year.)
History of Rights


This option will provide details of any claim filed under the policy as well as details of NEFT / check, due date and amount due.

Conclusion

LIC India is the oldest investment institution in India. Raise money from household savings and invest in financial markets. But it does not give you a good return on your investment.

I always tell people not to mix insurance into investing. Both are different because their objectives are different. From the above list of LIC’s activities, it is clear that LIC India is an investment institution.

Why invest your money in low return plans? Why can’t you learn the simple rules and logic of investing yourself? Why not make your own investment decisions?

FaQ

best lic policy for 5 years

Following are the LIC india 5 Year Policies: 
LIC Anmol Jeevan II
LIC Amulya Jeevan II
LIC Jeevan Akshay VI
LIC New Jeevan Nidhi
LIC Bhagya Lakshmi Plan
LIC Jeevan Mangal Plan

Close Bitnami banner
Bitnami