Services

Life Insurance- All Services related to LIC

Every day we wake up to the fact that more than 250 million lives are part of our family called LIC.

We are humbled by the magnitude of the responsibility we carry and realise the lives that are associated with us are very valuable indeed.

Though this journey started over six decades ago, we are still conscious of the fact that, while insurance may be a business for us, being part of millions of lives every day for the past 61 years has been a process called TRUST.

A true saga Of Trust.


LIC Health Insurance / Mediclaim

Mediclaim is an insurance product that reimburses the expenses you incur in the event of hospitalization or domiciliary care. It can either reimburse your expenses when you submit relevant bills, or enable you to have an entirely cashless hospitalization where your insurer will directly deal with the hospital – letting you focus on treatment and healing. We offer excellent benefits and coverage for a wide range of expenses.


Advice and Knlowlede Sharing on Stock Markets / Mutual Funds / Economy etc..

I have been a Financial Advisor having sound product knowledge of all asset classes like Stock Markets, Mutual Funds, Housing Investments as parts of the Financial Portfolio. I provide essential insights into the world of Financial Portfolio Building with 3 decades of knowledge. Though I deal in only LIC Investments, I provide insights for other assest classes without any underlying bias/ interests.


Financial Planning for Child’s Education and Marriage

Parenting brings along its own shares of joys and responsibilities. Successful parenting is not an easy task, but a challenging accomplishment. Parenting involves nurturing your child into a responsible person with a bright future.

The best gift that you can ever give your child is a bright future, and in this day and age, a great deal of your child's security lies in financial planning from an early age. When the time is right, you understand the need to be judicious and do your financial planning in order to figure out your child's needs with respect to higher education, college fees, accommodation, among others. Timely investments are crucial. To help you with these investments, We offer lucrative child education plans.

As the cost of education goes on rising each day, it is necessary to invest in savings plans that offer sufficient funds to meet the expenses at key educational milestones in his life. The returns should be sufficient enough to take care of your child's future needs even when you are not around. A child education plan offers comprehensive benefits of life cover along with maturity benefit.


Planning for Retirement & Tax free Pension

A retirement planner is a practicing professional who helps individuals prepare a retirement plan. A retirement planner identifies sources of income, estimates expenses, implements a savings program and helps manage assets. Estimating future cash flows and assets is also a central part of a retirement planner's work. He or she may use a web-based calculator or software program that will predict future cash flows and assets based on the data entered.


Partnership Insurance

Partnership insurance is a great way of protecting a partnership firm from incurring losses or eventual close down due to the death of one of the partners.

Partners in a partnership firm have insurable interest on each other which means, they have the right to insure the other as one partner will incur loss due to the death of the other. Only pure term policies can be purchased under partnership insurance and the sum assured can be to the extent of investment of that partner only. This would ensure that if one of the partner dies, then the firm can pay back the investment amount to the family of the partner and then use the insurance claim to continue the business. Partnership insurance is great for business continuity.


H.U.F Insurance

HUF means Hindu Undivided Family. You can save taxes by creating a family unit and pooling in assets to form a HUF. HUF is taxed separately from its members. A Hindu family can come together and form a HUF. Buddhists, Jains, and Sikhs can also form a HUF. HUF has its own PAN and files tax returns independent of its members.

  • By forming a Hindu Undivided Family, you can optimise your tax liabilities and also include your family members to benefit in the future
  • For the sake of income tax, the HUF is considered as a separate entity and is therefore taxed separately
  • Although HUF is governed by the Hindu law board, it can be formed by Jains, Sikhs and Buddhists as well
  • Shutting down the HUF is a difficult process and hence it is impossible to proceed with unless all the HUF members agree to the partition


Employer-Employee Scheme

The employer employee insurance policy is taken by the employer on the life of his employees. It is not only an insurance product but an arrangement. The basis of this arrangement is that the employer has an insurable interest in his employees.

This insurance policy acts as an encouragement for the employee to continue with his employer. An employer spends a considerable amount of time and money to hire and retain an employee. Upon their exit, an employer may lose some trained personnel. An employer employee insurance policy helps the employees to trust the employer in a better way.


Key Man Insurance - Term Insurance

Keyman insurance is a life insurance cover which is taken by an employer on the life of its employees. The employer is the policyholder as well as the one responsible for paying the premium. The employee is the life insured. If the employee dies during the term of the policy, the employer receives a death benefit which compensates the employer for the financial loss suffered due to the death of the key employee. The employee covered under a Keyman insurance policy should be the key employee of the business who is instrumental for the success of the business.

How does Keyman insurance work?

The business might decide to buy a Keyman insurance policy on its key employees. Only term insurance plans can be bought under Keyman insurance. The term of the policy is such that the policy expires when the employee retires. So, if the employee is aged 35 years when the policy is being bought and the retirement age is 65 years, the term of the policy would be 30 years. Alternatively, if the employee has a fixed employment term, the term of the Keyman insurance policy matches the employment tenure of the employee. If the employee dies during the term of the policy, Keyman insurance policy pays a death benefit to the employer. If, on the other hand, the policy matures, no benefit is paid as it is a term insurance plan.


Survival Benefit Dues

Survival benefit is the amount a policyholder receives at the end of a policy term. In case, you survive till the end of your policy and the policy is active, it will take care of your financial needs by offering survival benefits. Survival benefits may include the followings:

  • Your accrued bonuses.

  • Returns on investment.

  • Total the sum assured.


Maturity Dues


Death Claim Settlement

DCS provides the guidance and support to the policy holder in availing the maturity proceeds of the policy. DCS has in-depth expertise in solving complex cases and helping nominees get their much needed death settlement proceeds.


Surrender of policies


Change of mode/Change of Nominee/Change of Address/NEFT Registration etc.


Loan Facilities