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A life insurance policy is simply a contract between a person and an insurance company, under which the firm agrees to pay a predetermined sum of money to the person's beneficiaries or family in exchange for a series of payments over time. These payments, which go by the name "premium," are often made annually. The policy holder is the one who purchases the insurance.
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LIC Life Insurance Plan - LIC Insurance Agent in South Delhi A life insurance policy is simply a contract between a person and an insurance company, under which the firm agrees to pay a predetermined sum of money to the person's beneficiaries or family in exchange for a series of payments over time. These payments, which go by the name "premium," are often made annually. The policy holder is the one who purchases the insurance. LIC Life insurance guarantees a lump sum payment to the family in the event of an untimely death of the policyholder. Money cannot replace the loss, but it guarantees that the family won't face any financial difficulties even after the death of the breadwinner. Benefits of LIC life Insurance Plan Savings Potential Savings through life insurance guaranteed full protection against risk of death of the saver. Excellent Protection
LIC Life Insurance Plan - LIC Insurance Agent in South Delhi Life Insurance is a financial cover for a contingency linked with human life, like death, disability etc. Fix Returns Life insurance policies guarantee that you get a fixed amount after a fixed timeline. Tax Benefits Enrolling for a life insurance policy can guarantee you tax benefits. The urgency of purchasing insurance is best summed up in this phrase because it not only protects you but also your family even if you are unable to look after them. I am Rashmi Verma, a full-time; best authorized LIC Agent in South Delhi. We are available to assist you with any questions or concerns you may have with LIC plans. We have successfully insured 7K+ families.