Can I buy a LIC policy without the help of any LIC agent?
Share
Shailesh Kumar, Co-founder, Insurance Samadhan 
Answered on August 02,2022
Dear
No , all LIC plans can be bought through intermediaries only .
LIC has launched one Term plan under Direct model which you can buy directly .
Good agents are like Financial Doctors who suggest a plan after doing your need analysis .
Only good agents survive in the industry , other 90 % leave the agency within 3 years .
Hence look for an agent who has been there for more than 3 years .
Best wishes
163 views
Related Questions
-
Shailesh Kumar
Co-founder, Insurance Samadhan .Should I buy LIC's Jeevan Akshay plan?
Depends on your need , if you have large amount of money and want regular uninterrupted income . Please note ...
1
0
171
-
Shailesh Kumar
Co-founder, Insurance Samadhan . Answered on August 02,2022How does LIC pay money to a policy holder after maturity?
Dear On maturity , LIC send discharge documents 90 days in advance . On submission of discharge voucher , maturity claim ...
1
0
91
-
Shailesh Kumar
Co-founder, Insurance Samadhan . Answered on August 02,2022Can we pay the LIC premium for the next two years?
No there are no system of advance premium . You can do bank ECS to ensure regular premium . Please ...
1
0
67
-
Shailesh Kumar
Co-founder, Insurance Samadhan . Answered on August 02,2022Can I change my wrong DOB on an LIC policy?
Yes , you can do that by giving a valid proof . Policy will be underwritten again and may demand ...
1
0
643
-
Shailesh Kumar
Co-founder, Insurance Samadhan . Answered on August 02,2022Can I transfer my LIC one plan to other LIC plan?
No , it can not be done . Each plan is a contract and premium rates are worked out as ...
1
0
98
-
Shailesh Kumar
Co-founder, Insurance Samadhan . Answered on December 14,2023Can an NRI continue to hold a running LIC policy in India?
Yes , an NRI can hold a policy . But claim or maturity will be paid in Indian Rupees ...
1
0
7
-
Shailesh Kumar
Co-founder, Insurance Samadhan . Answered on December 14,2023How can get my LIC policy number with details by name and date of birth?
Dear . it is difficult but you can try by visiting LIC Branch office and share your PAN number ...
1
0
17
-
Shailesh Kumar
Co-founder, Insurance Samadhan . Answered on December 14,2023Can a state government employee work as an LIC agent?
No , a government employee can not take an agency which has scope of public dealing. But many employee take ...
1
0
32
-
Shailesh Kumar
Co-founder, Insurance Samadhan . Answered on December 14,2023Can I pay the LIC premium online after ECS dishonored?
Yes , you can
1
0
15
-
Robert James
20+ years of experience in IRS matters .Is there a way to prevent my sister's estranged father, who hasn't been involved in her life since she was 12, from claiming her and her baby on his IRS taxes this year, potentially leaving her with nothing? He never formally relinquished parental rights, and we're looking for guidance on how to handle this situation.
Your sister can try to get an Identity Protection PIN for herself; it will be harder to get one ...
1
0
5
-
Kalyani Narayanan
Answered on December 06,2022Term life insurance policy issue with wrongly mentioned personal history. How can i resolve this issue?
You have to contact the company and tell them to change it. They may ask for proof. For example, ...
1
0
119
-
Jane Joness
Answered on June 21,2023What is the difference between Life Insurance, Term Insurance and Health Insurance?
Life insurance provides financial security to your loved ones in the event of your death. Term insurance is a ...
1
0
63