About Us
At PolicySevai,
our primary mission is simple: To Serve First.
In a market crowded with sales pitches and endless calls urging you to buy new policies, we stand out by focusing on what truly matters to you—taking care of the policies you already own.
Insurance is meant to provide financial security and peace of mind.
But managing it shouldn’t feel like a hassle. Whether you need to update your address, complete your KYC, or track down your policy maturity details.
We are here to handle the paperwork and processes.
We are also helping individuals, families, and businesses make informed financial decisions through personalized financial planning, wealth management and insurance solutions.
Our approach focuses on understanding each client’s needs, goals, priorities, and providing suitable solutions.
What we do For You
- Nominee Updates: Easily add, remove, or update nominee details to secure your loved ones’ future.
- Bank & Contact Updates: Change bank details for direct Both credit /debit. .
- Maturity & Claim Support: Get clear insights into your policy Maturity /survival details and receive hassle-free assistance for claiming it.
- Policy Loan Support: Discover your policy’s cash value and Getting your policy backed loans.
- KYC Compliance: Fast-track your KYC process to keep your policies active and hassle-free.By updating phone number, email and present address.
Unbiased Guidance & Consultations
- Fresh Policy Consultation: Looking to bridge a coverage gap? We offer transparent, need-based consultation without any pressure.
- Wealth Management: Align your policies and investments with your long-term life goals.
Why Choose PolicySevai?
- Service-First Approach: We are dedicated to helping you resolve queries and service existing plans before recommending anything new.
- Hassle-Free & Transparent: Say goodbye to long queues, complex paperwork, and confusing jargon.
- Trust & Reliability: Your financial security and privacy are at the heart of everything from our 36 years of experience.
Let Us Handle the Hassle—Get Started Today!
Have questions about your current policy maturity date? Need to update your bank account or nominee? Or just want a clarity check on your insurance portfolio?
Existing Policies
Change of Nomination
Change of Nomination means updating or replacing the person who has been officially nominated to receive a benefit, amount, property, insurance claim, or other entitlement after the account holder/member’s death.For example, if you have previously nominated your father but now want to nominate your mother, you can submit a Change of Nomination request.
Maturity / Death / Survival Benefits
These are the benefits paid to the policyholder or nominee under a life insurance policy, depending on what happens during the policy term.
Adding of double accident / disability benefits
Surrendering of Policies
Change of Mode
Loan on Policies / Closing of Loans
Loan on Policies means taking a loan against the eligible value of an insurance policy. The policyholder can borrow money without surrendering the policy, subject to the policy terms and eligibility.Closing of Loans means repaying the outstanding policy loan and completing the loan account, including any applicable interest or charges.
KYC Updations
KYC Updations means updating or correcting the Know Your Customer (KYC) information maintained by a bank, insurance company, financial institution, or other organization.
This ensures that the customer’s personal and identification details are accurate and up to date.
life certificates for individual and group policies
Life Certificates are documents used to confirm that the policyholder or beneficiary is alive and eligible to continue receiving applicable policy benefits.
Individual Policies
For individual insurance policies, the policyholder or beneficiary may be required to submit a life certificate periodically to confirm their continued eligibility for benefits such as pension, annuity, or other regular payments.
Group Policies
For group insurance or group benefit policies, life certificates may be required from eligible members or beneficiaries to maintain their benefits and ensure that payments continue according to the policy terms.
Reviving Lapsed Policies
Reviving Lapsed Policies means reinstating an insurance policy that has become inactive because the required premium payments were not made within the specified due period.
A lapsed policy may be restored by completing the required revival procedure, such as paying outstanding premiums, applicable interest or charges, and providing required documents or health declarations, depending on the policy terms.
Updating Mobile Number , Address & Mail ID
Updating Mobile No. & Mail ID means changing or updating the registered mobile number and email addressassociated with an insurance policy.
Keeping these details updated ensures that the policyholder receives important policy notifications, payment reminders, statements, and other communication from the insurance company.
Plan Details
Endowment plan is term insurance policy with maturity benefits. In case of demise of policyholder, the Sum Assured along with accrued bonuses (if any) is paid to the beneficiary. On survival of policyholder, the same is paid on the maturity date.
| 880 – Jan Suraksha |
| 883 – Jeevan Utsav Single Premium Plan |
| 888 – LIC Jeevan Sathi Plan (888/889) |
| 890 – LIC New Bima Jyoti |
| 714 – New Endowment Plan (714) |
| 715 – New Jeevan Anand (715) |
| 717 – Single Premium Endowment Plan (717) |
| 736 – Jeevan Labh (736) |
| 751 – Micro Bachat Plan 751 |
| 768 – Jeevan Azad Plan 768 |
| 911 – Nav Jeevan Shree Plan 911 |
| 912 – Nav Jeevan Shree Plan 912 |
Children Plans from L.I.C. Provides safeguard and planned savings for the future of your children with respect to funding their upbringing, education, career, marriage, etc. Numbers of options are available to satisfy and match your goals for your children.
| Plan |
|---|
| 774 – Amritbaal plan 774 |
| 733 – Jeevan Lakshya (733) |
| 734 – Jeevan Tarun ( 734 ) |
| 748 – Bima Shree ( 748 ) |
A bunch of perfect plans offered by LIC to meet the insurance needs and the period financial needs of an Individual. These plans provide cash inflow at a predefined intervals.
| Plan |
|---|
| 916 – Bima Bachat (916) |
| 881 – Bima Lakshami |
| 771 – Jeevan Utsav Plan-771 |
| 745 – Jeevan Umang (745) |
| 720 – Money Back Plan 20 Years – 720 |
Plan now for a great and independent retired life. Choose from Immediate and deferred annuity plans to suit your retirement needs.
| Plan |
|---|
| 857 – Single Premium Pension Plan |
| 758 – Jeevan Shanti plan- 758 |
| 879 – Smart Pension Plan 879 |
Ulip plans are investment plans for those who realise the worth of hard-earned money. These plans help you see your savings yield rich benefits and help you save tax even if you dont have consistent income.
| Plan |
|---|
| 935 – New Endowment Plus (935) |
| 886 – LICs Protection Plus |
| 852 – LIC SIIP |
| 867 – New Pension Plus – 867 |
| 873 – Index Plus plan no. 873 |
Suitable for customers whose primary requirement is high life protection and financial security for dependents.
| Plan |
|---|
| 859 – LIC’s Saral Jeevan Bima |
| 875 – LIC’s Yuva Term |
| 877 – LIC’s Yuva Credit Life |
| 878 – LIC’s Digi Credit Life |
| 887 – LIC’s Bima Kavach |
Group Insurance
Group Insurance is an insurance arrangement that provides life insurance or other benefits to a group of members under a single master policy. The group may be an employer–employee group, association, society, or another eligible homogeneous group. LIC states that its Pension & Group Schemes department provides customized group-level insurance and benefit solutions.
Group Gratuity
Group Gratuity plans are designed mainly to help employers meet their gratuity obligations toward eligible employees. LIC’s group gratuity solution can also provide life-cover benefits for group members, according to the applicable scheme rules.
| S.No. | Plan Name |
|---|---|
| 1 | LIC’s Single Premium Group Micro Term Insurance Plan |
| 2 | LIC’s New Group Superannuation Cash Accumulation Plan |
| 3 | LIC’s One Year Renewable Group Micro Term Assurance Plan |
| 4 | LIC’s Group Post Retirement Medical Benefit Plan |
| 5 | LIC’s New Group Gratuity Cash Accumulation Plan |
| 6 | LIC’s New Group Leave Encashment Plan |
| 7 | LIC’s New One Year Renewable Group Term Assurance Plan I |
| 8 | Pradhan Mantri Jeevan Jyoti Bima Yojana |
| 9 | LIC’s Group Accident Benefit Rider |
| 10 | LIC’s Group Assurance Plan |
| 11 | LIC’s Single Premium Group Insurance Plan |
| 12 | LIC New One Year Renewable Group Term Insurance Plan-II |
| 13 | LIC’s Group Credit Life Insurance Plan |
| 14 | LIC’s Smart Pension |
| 15 | LIC’s Group Benefits Secure Plan |
| 16 | LIC’s Group Term Ease Plan |
Limited Payment / Multi Option Plans are insurance plans that provide flexibility in how premiums are paid and, depending on the plan, allow policyholders to choose from different policy terms, premium-paying terms, benefit options, or coverage options.
| Plan No. | LIC Plan Name |
|---|---|
| 714 | LIC’s New Endowment Plan |
| 715 | LIC’s New Jeevan Anand |
| 717 | LIC’s Single Premium Endowment Plan |
| 733 | LIC’s Jeevan Lakshya |
| 736 | LIC’s Jeevan Labh |
| 745 | LIC’s Jeevan Umang |
| 748 | LIC’s Bima Shree |
| 751 | LIC’s Micro Bachat |
| 760 | LIC’s Bima Jyoti |
| 768 | LIC’s Jeevan Azad |
| 771 | LIC’s Jeevan Utsav |
| 774 | LIC’s Amritbaal |
| 859 | LIC’s Saral Jeevan Bima |
| 875 | LIC’s Yuva Term |
| 876 | LIC’s Digi Term |
| 877 | LIC’s Yuva Credit Life |
| 878 | LIC’s Digi Credit Life |
| 887 | LIC’s Bima Kavach |
| 889 | LIC’s New Jeevan Sathi – Limited Premium |
| 890 | LIC’s New Bima Jyoti |
| 911 | LIC’s Nav Jeevan Shree – Single Premium |
| 912 | LIC’s Nav Jeevan Shree |
| 954 | LIC’s New Tech-Term |
| 955 | LIC’s New Jeevan Amar |
Joint Life Plans are insurance plans designed to provide financial protection for two individuals under a single policy, most commonly a husband and wife. These plans help couples combine their insurance and financial planning needs while providing benefits according to the selected plan and policy terms.
| Plan No. | LIC Plan Name |
|---|---|
| 888 | LIC’s New Jeevan Sathi – Single Premium |
| 889 | LIC’s New Jeevan Sathi – Limited Premium |
| 879 | LIC’s Smart Pension Plan – Joint Life Annuity Options |
| 858 | LIC’s New Jeevan Shanti – Joint Life Deferred Annuity Option |
