How can I claim tech term in LIC?
A LIC term plan, which is a non-linked and non-participant online complete risk-proof plan that offers financial security to the policyholder's family in case of demise of the policyholder in between the policy tenure.
What is the meaning of term LIC?
Both the Jeevan Amar plan and tech term plans provide the same benefits for you. The only difference is the sum assured amount which is high in LIC's term tech plan. If you want to buy a plan with a sum assured amount of more than 25 lakhs, you can select the term tech plan.
What is the difference between LIC tech term and Jeevan Amar?
You can download the surrender form from the official website of the company. Fill this form and submit it to the local branch of LIC along with the surrender or cancellation form, you must submit the following documents: Original documents of the policy. A canceled cheque.