Varistha Bima Pension Yojna

A scheme launched by Hon. Prime Minister Mr. Narendra Modi as govt. of india initiative on 15th Aug 2014 and administered and marketed by LIC OF INDIA.

LIC City Career Agent Recruitment

LIC is recruiting CCA and it is available till 31 Dec 2012 Minimum Qualification: 12th pass Age: 18 Above CCA will got 48000(stipend first year and all type of commission)

LIC Housing Fin

LIC Housing Fin to double loan amount to developers in FY13

LIC’s 56th anniversary

It’s grand celebration time for the largest insurance company in India, the Life Insurance Corporation of India (LIC) on Sept 1, 2012 when it turns a year older. Offering unparalleled service since 1956, LIC has been using people’s service for their own we

LIC’s 56th anniversary

How much life insurance should you buy? The answer to that question is 10 to 15 times your income.You’ll need to evaluate the reason you’re buying life insurance in order to properly answer this question. Once you can specifically answer the question Why am I buying life insurance you should be a long way towards determining a proper amount.
The biggest pitfall most people make in deciding how much life insurance they need is in treating this purchase as an emotional decision. Life insurance is a financial product and should be treated as such. Looking at an amount of life insurance and thinking ‘that’s too much’ can leave you drastically under insured, and worse, leave your dependents without enough coverage in the event of your death.
As noted above, the first question you need to ask yourself is “why am I buying life insurance?” For most of us with dependents and a debt loan the reason behind purchasing life insurance is so that our dependents can maintain their lifestyle in the event of the death of an income earner. In short, most of us are looking to maintain a standard of living for our dependents in the event of our death. That’s the need and directly leads us to the answer of how much life insurance we need. Ans: 10 to 15 times your income. If life insurance buying is approached in the proper manner it can be very beneficial to yourself and your family. You need to take the time to give some thought to a subject that can be very unpleasant. I guess that is why most people don’t think about it, or at best think about it only after they have had a brush with death, or when a life insurance professional brings up the subject. Sometimes these people wait until it is too late to do something about such a critical matter.