Skip to content
KKNATRA LIC

Independent · LIC-authorised advisor

Understand your LIC policy before you buy it.

What you actually get, what you pay, what happens if you stop paying, and what your family receives — explained in plain English, with the figures taken straight from LIC's own brochures.

Which plan fits me?Browse 27 LIC plans
How much cover do I need?
27
Active LIC plans tracked
6
Free calculators
6
Brochure-sourced guides

Policy intelligence

Understand the important parts of a policy before you decide.

Protection
Published in plan
Premium
Published in plan
Policy term
Published in plan
Benefits
See brochure

Figures come straight from LIC's own brochures — so they appear on the plan itself, never as an estimate here.

Understand a policy

Which type of plan does what

Almost every LIC policy falls into one of four families. Getting this right matters more than picking between two plans in the same family — most people who regret a policy chose the wrong family for their goal.

7 plans

Term insurance

Pure protection at the lowest cost per rupee of cover. Pays out if you die during the term, and pays nothing back if you survive it.

See these plans
12 plans

Endowment plans

Life cover combined with savings. Pays out on maturity if you survive the term, or to your family if you do not.

See these plans
3 plans

Whole life plans

Cover designed to last your whole life rather than ending on a fixed date, usually with an income or lump sum along the way.

See these plans
5 plans

Money back plans

Returns part of the sum assured at intervals during the term, so money comes back to you before maturity.

See these plans

The questions people actually ask

Answered from LIC's policy documents, with a link to the exact brochure each answer comes from.

What happens if I stop paying my premiums?

The answer depends almost entirely on how many years you have already paid. Stopping early and stopping late have very different consequences.

Read the answer

What do I get if I surrender my policy early?

Less than you paid in, in almost every case, especially in the first few years. Here is how surrender value is actually worked out.

Read the answer

Can I borrow against my LIC policy?

Usually yes, once the policy has run long enough. It is often cheaper than a personal loan and does not end your cover.

Read the answer

My policy lapsed. Can I still revive it?

Usually yes, within a set window from your first missed premium — but the window closes, and it does not reopen.

Read the answer

I just bought a policy and I am having second thoughts.

You have a free look period to read the actual policy document and return it for a refund if it is not what you expected.

Read the answer

What exactly does my family get if I die?

It is usually not simply "the sum assured". Here is how the death benefit is actually built up.

Read the answer

Work out your own numbers

Free, no sign-up, and nothing you type is sent anywhere. Each result shows the formula and the assumptions behind it.

How much life cover do you need

Estimate the life cover required to replace your income and clear your liabilities, using the income-replacement method.

Open

Goal planner

Work out what a future goal will cost after inflation, and what you would need to set aside each month to get there.

Open

Monthly savings projection

See what a fixed monthly amount could grow to over time at a return rate you choose.

Open

Lump sum projection

See what a single amount invested today could grow to at a chosen rate.

Open

Retirement corpus estimator

Estimate the retirement fund needed to support your desired monthly income, and what it takes to build it.

Open

Inflation impact

See what today's money is likely to be worth in future, and what a cost today will grow to.

Open

Why KNATRA

Four things this site does differently, each one you can check for yourself.

Plain English

What you actually get, what you pay, and what your family receives — without the jargon.

See for yourself

Source-backed

Figures taken straight from LIC's own brochures, with a link to the page they came from.

See for yourself

Compare first

See how two plans differ, side by side, before you decide between them.

See for yourself

Human guidance

Talk to your advisor when you want to. No obligation, and no sales call unless you ask for one.

See for yourself

Still not sure which plan fits?

Tell us your age, what you are saving for, and roughly what you can set aside. You will get a straight answer — including when the honest answer is that no LIC plan suits what you have in mind.

Ask a questionMeet your advisor

Need help choosing?

Talk to an advisor