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Manish Raghav
9312888478

LIC of India Help line numbers, All India

If are looking for a new policy or want to inquire about your existing LIC Policy, You can contact me,

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Manish Raghav

9312888478
LIC of India

New Delhi India

List of LIC customer care numbers

ZONAL OFFICE	DIVISION OFFICE	PHONE NO.
Central Zone
CENTRAL	BHOPAL	0755-2676254
CENTRAL	BILASPUR	07752-2203732
CENTRAL	GWALIOR	0751-2448606
CENTRAL	INDORE	0731-2523513
CENTRAL	JABALPUR	0761-2671079
CENTRAL	RAIPUR	0771-2583062
CENTRAL	SATNA	07672-228100
CENTRAL	SHAHDOL	07652-248469
Eastern Zone
EAST CENTRAL	Begusarai	0624-3245265
EAST CENTRAL	Berhampur	0680-2296390
EAST CENTRAL	Bhagalpur	06412-2322016
EAST CENTRAL	Bhubaneswar	0674-2303140
EAST CENTRAL	Cuttack	0671-2307857
EAST CENTRAL	Hazaribagh	06546-272611
EAST CENTRAL	Jamshedpur	0657-2320564
EAST CENTRAL	Muzaffarpur	0621-223904
EAST CENTRAL	Patna	0612-2204067
EAST CENTRAL	Sambalpur	0663-2541388
Eastern Zone
EASTERN	Asansol	0341-2256012
EASTERN	Bongaigaon	03664-228281
EASTERN	Guwahati	0361-2638404
EASTERN	Howrah	033-22434614
EASTERN	Jalpaiguri	03561-255443
EASTERN	Jorhat	0376-2361613
EASTERN	Kharagpur	03222-253302
EASTERN	KMDO-I	033-22126122
EASTERN	KMDO-II	033-23970025
EASTERN	KSDO	033-23342708
EASTERN	Silchar	03842-241716
North-Central Zone
NORTH CENTRAL	Agra	0562-2525972
NORTH CENTRAL	Aligarh	0571-2420066
NORTH CENTRAL	Allahabad	0532-2401854
NORTH CENTRAL	Bareilly	0581-2301712
NORTH CENTRAL	Dehradun	0135-2668231
NORTH CENTRAL	Faizabad	05278-244261
NORTH CENTRAL	Gorakhpur	0551-2230322
NORTH CENTRAL	Haldwani	05946-267886
NORTH CENTRAL	Kanpur	0512-2368546
NORTH CENTRAL	Lucknow	0522-2624214
NORTH CENTRAL	Meerut	0121-2671201
NORTH CENTRAL	Varanasi	0542 2454420
Northern Zone
NORTHERN	AJMER	0145-2661878
NORTHERN	AMRITSAR	0183-2556658
NORTHERN	BIKANER	0151-2225920
NORTHERN	CHANDIGARH	0172-2784620
NORTHERN	DELHI-I	011-28844132
NORTHERN	DELHI-II	011-28822223
NORTHERN	DELHI-III	011-28855115
NORTHERN	JAIPUR-2	0141-2713708
NORTHERN	JAIPUR-I	0141-2745834
NORTHERN	JALANDHAR	0181-2459826
NORTHERN	JODHPUR	0291-2657849
NORTHERN	KARNAL	0184-2266580
NORTHERN	LUDHIANA	0161-2521838
NORTHERN	ROHTAK	1262-228328
NORTHERN	SHIMLA	0177-2629212
NORTHERN	SRINAGAR	0191-2475839
NORTHERN	UDAIPUR	0294-2488581
South-Central Zone
SOUTH CENTRAL	BANGALORE I	080-22966515
SOUTH CENTRAL	BANGALORE II	080-22966812
SOUTH CENTRAL	BELGAUM	0831-2438808
SOUTH CENTRAL	DHARWAD	0836-2441968
SOUTH CENTRAL	HYDERABAD	040-23420771
SOUTH CENTRAL	KADAPA	08562-247017
SOUTH CENTRAL	KARIMNAGAR	0878-2240597
SOUTH CENTRAL	MACHILIPATNAM	08672-223372
SOUTH CENTRAL	MYSORE	0821-2495764
SOUTH CENTRAL	NELLORE	0861-2323072
SOUTH CENTRAL	RAICHUR	08532-232432
SOUTH CENTRAL	RAJAHMUNDRY	0883-2423832
SOUTH CENTRAL	SECUNDERABAD	040-27665039
SOUTH CENTRAL	SHIMOGA	08182-251320
SOUTH CENTRAL	UDUPI	0820-2536907
SOUTH CENTRAL	VIZAG	0891-2533211
SOUTH CENTRAL	WARANGAL	0870-2579364
Southern Zone
SOUTHERN	CHENNAI 1	044-23450353
SOUTHERN	CHENNAI 2	044-23451551
SOUTHERN	COIMBATORE	0422-2303503
SOUTHERN	ERNAKULAM	0484-2361938
SOUTHERN	KOTTAYAM	0481-2580121 / 0481-2580102
SOUTHERN	KOZHIKODE	0495-2726006
SOUTHERN	MADURAI	0452-2537778
SOUTHERN	SALEM	0427-2411487
SOUTHERN	THANJAVUR	04362-233678
SOUTHERN	THRISSUR
SOUTHERN	TIRUNELVELI	0462-2560925
SOUTHERN	TRIVANDRUM	0471-2540932
SOUTHERN	VELLORE	0416-2226718
Western Zone
WESTERN	AHMEDABAD	079-25511419
WESTERN	AMRAVATI	0721-2660145
WESTERN	AURANGABAD	0240-2329299
WESTERN	BHAVNAGAR	0278-2421963
WESTERN	GANDHINAGAR	079-232-38250
WESTERN	GOA	0832-2438418
WESTERN	KOLHAPUR	0231-2661135
WESTERN	MUMBAI-1	022-22028225 / 022-66599066
WESTERN	MUMBAI-2	022-24010375 / 022-30492020
WESTERN	MUMBAI-3	022-67819220
WESTERN	MUMBAI-4	022-66599233
WESTERN	MUMBAI-SSS	022-26267050
WESTERN	NADIAD	0268-2532134
WESTERN	NAGPUR	0712-2546436
WESTERN	NANDED	02462-221777
WESTERN	NASHIK	0253-2317607
WESTERN	PUNE-1	020-25512969
WESTERN	PUNE-2	020-24217638
WESTERN	RAJKOT	0281-2483210
WESTERN	SATARA	02162-224708
WESTERN	SURAT	0261-2801407
WESTERN	THANE	022-25829702 / 022-25827728
WESTERN	VADODARA	0265-2225188

The need of life insurance

Is it needed?

If the family's primary wage earner has so much insurance that the family would be better off, financially speaking, after his or her death, the insurance was purchased for protection, which is not biblical.

Life insurance needs will vary as family financial goals, needs, and resources change. Nevertheless, a wage earner should have enough life insurance to replace the financial value that he or she provides to the people who are dependent on him or her.

Although the purpose of insurance is to provide, it is not intended to provide with an overabundance.

Again, this provision is to be used to meet a need if a potential loss would be excessive for the survivors of the family's primary wage earner: it can provide for unexpected costs that the survivors could not pay alone, and it frees surplus funds.

How much is needed?
Although the amount of insurance should be determined by two things primarily—the amount of coverage needed and the affordability of the premiums—the following considerations should also be evaluated when deciding how much insurance to buy.

• The ages of the children. The younger the children are, the longer they'll need to be supported if the primary wage earner dies.
• The income capability of the surviving spouse.
• Existing debt, current lifestyle, income, and other sources of after-death income besides life insurance.

A very simple rule of thumb to determine the amount of life insurance needed is to take either the amount of money a family would need annually in the event of the death of the primary wage earner or the annual salary or earning of the wage earner and multiply that amount at least by twelve. This is the minimum amount of life insurance that is needed.

If the insurance money is then invested with a 7 to 10 percent return, it would probably provide the necessary income per year that the family would need.

Who needs it?
An important principle to remember is that if insurance dollars are limited, families need to devote their insurance allocation to covering the primary wage earner of the family.

Insurance should take no more than 5 percent of families' Net Spendable Income (Gross Income minus tithe and taxes). The 5 percent figure does not include house insurance or automobile insurance and assumes that the family has group health insurance with the primary wage earner's employer.

If the husband is the family's primary wage earner and he has an adequate amount of life insurance, any surplus funds may be used to insure the wife at two times the annual salary of the primary wage earner in order to provide funds for the cost of her burial. Unless a family has enough money in savings to cover the funeral costs, such an expense could place them in financial bondage. In addition, coverage on the wife could provide extra funds to give the husband a time of readjustment and to care for the children until he could find a caretaker for them.

However, if a family depends on the wife's salary, she probably needs to be insured. The amount of insurance coverage she will need is much like that of the primary family wage earner: at least five times her annual salary or the financial amount that she contributes to the family.

Concerning the need to insure children, there are two logical reasons to have insurance on children: to cover burial expenses and to guarantee that they will be insurable in later years. Any amount over this minimum is unnecessary.

Conclusion
God said that we are to be responsible for our families, even in the event of our untimely death.

The fact that we do not know exactly when we are going to die and that we may not have the economic resources to provide for our families after death is good reason for buying life insurance adequate to provide for the family in case of death.

To book Now Call Manish Raghav 9312888478

LIC Special Offers

Save in LIC Rs 2000 per month for 15 years and get 8.9 Lacs after 15 years, 5 lacs death cover, 5 lacs accidental death cover, Tax Benefit, credit card and Special offers, call now 9312888478

LIC of India

New Customer care number for LIC Vir Savarkar Block Shakarpur New Delhi branch, For new policy only is 011-43045745

How to Apply

New Customer care number for LIC Vir Savarkar Block Shakarpur New Delhi branch, For new policy only is 011-43045745 or Visis this link LICOFINDIA.COM

Jeevan Saral

http://licofindiadelhi.weebly.com/lic-jeevan-saral.html

Product Summary:
This is an Endowment Assurance plan where the proposer has simply to choose the amount and mode of premium payment. The plan provides financial protection against death throughout the term of the plan. The death benefit is directly related to the premiums paid. The Maturity Sum Assured depends on the age at entry of the life to be assured and is payable on survival to the end of the policy term. It also offers the flexibility of term and a lot of liquidity.

Premiums:
Premiums are payable yearly, half-yearly, quarterly, or monthly through salary deductions as opted by you throughout the term of the policy or till earlier death.

Loyalty Additions:
This is a with-profits plan and participates in the profits of the Corporation’s life insurance business.  It gets a share of the profits in the form of loyalty additions which are terminal bonuses payable along with death benefit or maturity benefit.  Loyalty Additions may be payable from the 10th year onwards depending upon the experience of the Corporation.

Death Benefit:
250 times the monthly premium together with loyalty additions, if any, and  return of premiums excluding first year premiums and extra/rider premium, if any, is payable in lump sum on death of the life assured during the term of the policy.
Maturity Benefit:
The Maturity Sum Assured plus Loyalty additions, if any, is payable in a lump sum.
Supplementary/Extra Benefits:
These are the optional benefits that can be added to your basic plan for extra protection/option.  An additional premium is required to be paid for these benefits.
Surrender Value:
Buying a life insurance contract is a long-term commitment. However, surrender values are available on earlier termination of the contract. The surrender value will be the greater of the guaranteed surrender value and special surrender. The plan also allows for partial surrenders.
Guaranteed Surrender Value:
The policy can be surrendered after it has been in force for at least 3 full years. The Guaranteed Surrender value will be equal to 30% of the total amount of premiums paid excluding the premiums for the first year and all the extra premiums and premiums for accident benefit / term rider.

Special Surrender Value:
80% of Maturity Sum Assured if 3 or more years’ but less than 4 years’ premiums have been paid; 90% of the Maturity Sum Assured, if 4 or more years’ but less than 5 years’ premiums have been paid and 100% of the Maturity Sum Assured, if 5 or more years’ premiums have been paid. The Maturity Sum Assured for this para will be the Maturity Sum Assured corresponding to the term for which premiums have been paid under the policy.

Corporation’s policy on surrenders:
In practice, the Corporation will pay a Special Surrender Value – which is usually higher than the Guaranteed Surrender Value. This value will depend on the duration for which premiums have been paid and the policy duration at the date of surrender. In some circumstances, in case of early termination of the policy, the surrender value payable may be less than the total premium paid.

The Corporation reviews the surrender value payable under its plans from time to time  depending on the economic environment, experience and other factors.

Note: The above is the product summary giving the key features of the plan. This is for illustrative purpose only. This does not represent a contract and for details please refer to your policy document.

LIC Jeevan Surbhi

Jeevan Surabhi - Table No 107 (20 Years Money Back Policy)

Jeevan Surabhi plan is similar to other money back plans. However main differences in regular money back plans and Jeevan Surabhi are:  

• Maturity term is more than Premium Paying Term.
• Early and Higher rate of Survival Benefit payment.
• Risk cover Increases every Five years.

 This plan is suitable for each and every person, who wish to provide for their old age and family feel the need for lump sum benefits at periodical intervals. When we plan for saving our hard earned money, our focus is always to ensure that they are not impacted by market volatility and that the risk adjusted returns are in line with our financial aims. We also want our savings to be tax efficient and want liquidity so that we can overcome any eventuality.

  

Security : This plan guarantees return of your capital by means of theGuaranteed Maturity Benefit.

Safety : Your Death Benefit increases with each passing year and ensures that if the unexpected happens, you will be covered.

Extra Savings : Through Survival Benefits, which are over and above the Guaranteed Maturity Benefit.

Smart Savings : Through Survival Benefits accumulating and growing over time. Once accumulated Survival Benefits are Guaranteed!

Liquidity : Through withdrawals from your accumulated Survival Benefits.

Tax Benefits : As per applicable tax laws under Section 80C and 10(10D).

  

Plan Parameters

Policy Term: 20 Yrs

Prem Paying Term: 15 Yrs

Age at Entry: Min. 14 Yrs Max. 50 Yrs

Sum Assured: Min. 50,000 Max. No Limit

Mode of Payment: Yearly/HYly/Qly/Mly/SSS

 

Sum Assured (S.A):

0-5 Yr           6-10 Yr       11-15 Yr         16-20 Yr       

Only S.A      1.5 S.A        2 times S.A     2.5 times S.A 

  

Survival Benefit:

 At the end of 4 Yrs   - 25% of Sum Assured

 At the end of 8 Yrs   - 25% of Sum Assured

 At the end of 12 Yrs  -25% of Sum Assured

 At the end of 15 Yrs  -25% of Sum Assured

 At the end of 20 Yrs - Total Bonus (Bonus rate x 20 x S.A)

  

Benefits:

Full sum assured is paid back as survival benefit by the end of premium paying term. However, the risk cover and additional risk cover continue and the policy participates in profits till the end of policy term. Accident Benefit is restricted to the premium paying period and to the overall limit of Rs.5 lakhs on a single life.

Bonuses :

This is a with-profit plan and participate in the profits of the Corporation’s life insurance business. It gets a share of the profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan. A Final (Additional) Bonus may also be payable provided policy has run for certain minimum period.

Death Benefit:

 The Sum Assured alongwith the additional cover, if any, plus all bonuses declared till death is payable in a lump sum upon the death of the life assured during the policy term. The survival benefits paid prior to death will not be deducted from the claim amount.

Illustration:

Mr Rahul age 29 starts a Jeevan Surabhi (Table 107) of Sum Assured 2 Lacs. He pays Rs. 18,123/- as yearly premium. He will pay premium for only 15 years and at the end 18 years he will get all his Sum Assured amounts. But risk cover continues upto 20 yrs and at the end of 20th policy year he will get all Bonus for his policy.

At the end of 4 Yrs - 25% of 2 Lacs = 50,000/-

At the end of 8 Yrs - 25% of 2 Lacs = 50,000/-

At the end of 12 Yrs - 25% of 2 Lacs = 50,000/-

At the end of 15 Yrs -25% of 2 Lacs = 50,000/-

At the end of 20 Yrs - Rs. 1,84,000/- (Total Bonus)

Death Benefit:

Mr Rahul has already taken 2 times survival benefit Rs. 50,0000/- and if he expires after 11 policy year then, his nominee will get 2 times S.A+Bonus

=Rs. 5,01,200/- (4,00,000+1,01,200)

Jeevan Anand

Jeevan Anand - Table No. 149 {Zindagi Ke Saath Bhi, Zindagi Ke Baad Bhi

Jeevan Anand:

This plan is a combination of Endowment Assurance and WholeLife plans. It provides financial protection against death throughout the lifetime of the life assured with the provision of payment of a lump sum at

the end of the selected term in case of his survival. The speciality of this plan is Moderate Premiums, High Bonus, High Liquidity, Savings oriented.

Product Highlight:

• Double benefits - Double Maturity
• The premiums need to be paid for maximum of 75 Years.
• The minimum age at entry is 18 years, while the maximum age is 65 years.
• The minimum sum assured is Rs. 1 lakh while there is no maximum limit.
• The minimum term is 5 years while the maximum term is 57 years.
• The premium can be paid on a Quaterly, Half-yearly or yearly basis.
• This is a "with profits" plan which pays reversionary non-guranteed bonuses at the end of every financial year.
• Final (Additional) Bonus may also be payable provided the policy has run for certain minimum period.
• Tax benifits under section 88 for the premium paid+the maturity/death proceeds received are Tax Free.
• No private company is having such type of plan.

 Benefits:

Maturity Benefit:

When the policyholder survives till date of maturity and policy is in force the benefits payable are

 Full Sum Assured+Vested Bonuses+Final Additional Bonus.

 Risk cover continues after maturity without need to pay premium upto 100 years.

  

Death Benefit:

 If death occurs during the premium paying term Sum Assured+Bonus+FAB, if any is payable and premium

 payment is ceased. An extra amount equal to the S.A is payable if death occurs after the premium paying

 term.

Accident Benefit:

 An additional Sum Assured (subject to a limit of Rs.5 lakh) is payable in a lump sum on death due to

 accident up to age 70 of life assured. In case of permanent disability of the life assured due to

 accident this additional Sum assured is payable in instalments.

  

Extra Benefits:

 These are the optional benefits that can be added to your basic plan for extra protection/option. An

 additional premium is required to be paid for these benefits.

  

Surrender Value:

 Buying a life insurance contract is a long-term commitment. However,surrender values are available on

 the plan on earlier termination of the contract.

  

Example: Mr.Rakesh 25 years, opts for Jeevan Anand for 20 years with S.A of Rs. 1 Lac. He has to pay

 annual premium of Rs. 5490/- On maturity, Mr. Rakesh will get Rs.1,98,000+FAB if any. Even after the

 premium Term is over, risk cover continues till the death of Mr. Rakesh.

 But if, Mr. Rakesh dies at the age of 70 years his nominee will get an additional amount equal to the Sum

 Assured i.e Rs. 1 Lac.