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Home / Life / FAQs

• What do you mean by Guaranteed Additions?
  
  
• What are Loyalty Additions?
  
  
• What is Surrender Value?
  
  
• How do I revive a lapsed policy?
  
  
• When does a policy lapse?
  
  
• Is there a difference between an Agent and a Broker?
  
  
• Is there any other benefit of buying insurance other than the risk cover?
  
  
• Who are Insurance Brokers?
  
  
• Child Insurance  Life FAQs
  
  
• Which policy qualifies for Bonus eligibility?
  
  
• What is the Double Accident Benefit (DAB)?
  
  
• What is Nomination of a policy?
  
  
• What is Assignment of a policy?
  
  
• What is a Paid-up policy?
  
  
• How is the Paid-up value of policy calculated?
  
  
• What benefits are not accrued to a Paid-up policy?
  
  
• Should you allow your policy to become a paid-up one?
  
  
• What is the Free Disability Benefit?
  
  
• What is the date of commencement of risk for LIC policies?
  
  
• What is an Annuity?
  
  
• When do you receive Annuity payments?
  
  
• What is the Unit-Linked Insurance Plan (ULIP)?
  
  
• Who can attest the discharge vouchers for matured or death claims?
  
  
• Who should sign the Form of Discharge?
  
  
• How can an NRI pay the premium under the policy?
  
  
• Can NRIs take Foreign-Currency policies of LIC?
  
  
• What are the types of schemes offered by LIC to NRIs ?
  
  

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