PolicyRaj works with LIC of India — the country's largest and most trusted insurance institution since 1956, backed by the Government of India, with 290 million+ policyholders and ₹43 lakh crore in assets under management. We provide expert advisory on LIC's full product portfolio, helping clients navigate and select the right plan across term, endowment, pension, and child plan categories.
Life Insurance Corporation of India was established on September 1, 1956 by an Act of Parliament, by merging 245 insurance companies. It is fully owned by the Government of India and is the largest institutional investor in India's stock market.
With 290 million+ individual policies and ₹43 lakh crore in AUM, LIC is India's financial backbone. Every LIC policy is backed by the sovereign guarantee of the Government of India — making it the safest insurer in the country. LIC settled ₹23,000+ crore in death claims in FY2024.
PolicyRaj provides expert advisory on LIC products. Sachin Kathuria will guide you to the right LIC plan at zero additional cost.
Most recommended LIC products — term, endowment, pension and child plans with Sachin's expert guidance.
Sovereign guarantee from Government of India — no risk of insolvency or claim denial.
Operating since 1956 — never missed paying a single valid claim in 66+ years of operation.
India's most widely trusted insurer — 1 in 4 Indian families holds a LIC policy.
LIC has consistently declared bonuses every year — enhancing final maturity benefits.
Intimate LIC branch or call 1800-425-9876 (or 022-6827-6827, 24x7). Sachin assists with the full documentation.
Death certificate, policy bond, nominee's bank details, identity proof — all accepted digitally.
LIC verifies claim documents. Simple claims settled immediately; complex ones in 30 days.
98.7% of claims honoured. Amount credited via NEFT to nominee's bank account directly.
"LIC holds a unique position in India — it is the only life insurer backed by the sovereign guarantee of the Government of India, as provided under the LIC Act. For traditional endowment and pension plans, LIC's bonus track record over 66 years has been consistently strong. I recommend Tech-Term for clients who want high coverage at an affordable premium, and Jeevan Labh for those seeking guaranteed maturity returns with life cover."
Recent launches and announcements from LIC of India, curated by PolicyRaj.
Revamped joint-life series in single-premium and limited-premium variants with guaranteed benefits and one unified cover for both partners. Sum assured starts at ₹3 lakh.
Group Term Ease brings pure risk cover for employee groups, while Group Benefits Secure focuses on savings benefits — both non-linked, non-participating plans for employers and associations.
A single-premium, non-linked whole life savings plan — pay once and stay covered for life with guaranteed additions. Aimed at buyers who want lifelong cover without renewal worries.
Guaranteed-return plans reward careful comparison — payout structure, liquidity and taxation differ widely. Sachin maps them against your goals before you commit.
Based on public insurer announcements as of July 2026. Features, eligibility and premiums are governed solely by the insurer’s official terms — confirm current details with Sachin Kathuria: 9013976999.
