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