LIC of India already has several tens of policies to offer to suit the needs of different groups of people. But choosing the best possible policy for your needs is often a tedious task. You may want to take a policy for your future (pension), you may want to take a policy covering your entire family, you may want to take a policy to diversify your investments or you may want to take a policy for your child’s future. Insurance Advisors (also called as Agents) can help you in this regard of choosing the best policy. But if you want to do it yourself, or start doing your part of research, a good place to start is at the Insurance Advisor page at LIC of India site.
The first thing you can do there is to know how much insurance you need and verify that with how much you already have. You can also know what term your new Insurance policy should be.
Finally, the most important thing is the policy advice itself. Select, ‘Get Insurance Advisor’ and fill your requirements and the Advisor presents you with the best LIC policies available for your needs. You can then individually review each policy (if there is more than 1 option) and select the best.