Life Insurance

Defend yourself and your family members from life's
uncertainties with LGIC.

Life Insurance Product Types

Life Insurance policy is a mutual agreement between the policyholder and the insurance company where the insurer promises to pay, upon the death of the insured, a sum of money to the designated beneficiary in exchange for the policyholder’s premium payment.

Term Insurance

A financial coverage for a fixed-term period, paid to the insurance beneficiary against a premature demise of the policyholder.

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Coronavirus Term Insurance

Taking safety precautions with a CoronaVirus Term life insurance policy helps you and your family stay protected financially if any eventuality occurs due to COVID-19.

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Term Insurance Return Of Premium

Get a life coverage with the Term Insurance Return of Premium where you’ll get the premium back as a survival benefit in case you outlive the tenure.

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Term Life Insurance Claim

Term life insurance is claimed by the beneficiaries or dependents to the insurance company against the death of the policyholder within policy tenure.

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Term Life Insurance Calculator

A term life insurance calculator is an online tool used to calculate the monthly premium of a term life insurance policy.

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Dedicated Claim assistance

When the policy expires without any need for claiming it, you can renew to continue the financial assistance further in the future.

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Term Insurance for spouse

Secure your loved one’s future both financially and emotionally with Term Life Insurance for Spouse plans.

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