General insurance and life insurance are two different types of insurance policies that provide coverage for different types of risks. General insurance, also known as non-life insurance, is a type of insurance policy that provides coverage against losses or damages due to unforeseen events such as accidents, theft, natural disasters, etc. It includes policies such as health insurance, motor insurance, home insurance, travel insurance, personal accident insurance, and fire insurance.
Life insurance, on the other hand, is a type of insurance policy that provides coverage for the risk of death. It offers a death benefit to the beneficiaries if the policyholder passes away during the policy term. Life insurance policies may also offer other benefits such as maturity or survival benefits, savings benefits, or investment benefits. Life insurance policies are of different types such as term insurance, endowment plans, ULIPs, and whole life insurance.
How to Check Fund Value of LIC Life Insurance Policy Online?
To check the fund value of your LIC (Life Insurance Corporation of India) life insurance policy online, follow these steps:
- Go to the official website of LIC.
- If you have already registered on LIC’s portal, log in using your username and password. If you haven't registered yet, you may need to create an account.
- Once you are logged in, navigate to the section that provides your policy details.
- After accessing your policy details, there should be an option to view the fund value of your policy.
- Additionally, you might be able to see the allocation of funds across different investment options if your policy offers multiple investment choices.
How to Download Life Insurance Policy Statement?
To download a life insurance policy statement, you typically need to follow the below steps.
- Visit the official website of your insurance company.
- Log into your account by providing your username and password.
- If you haven't registered for an online account, you may need to create an account.
- Once logged in, find the option to download or view your policy statement.
- Verify that the document includes details such as policy coverage, beneficiaries, premiums, and any other relevant information.
- Then click on the relevant button to download the policy statement.
- If you encounter any issues, consider reaching out to your insurance company's customer support. They may be able to assist you in obtaining the necessary statements.
Can I Cancel My Tata AIA Life Insurance Policy within 15 Days?
Tata AIA Life Insurance Company offers a free-look period during which the policyholder can cancel the policy if they are not satisfied with the terms and conditions and receive a refund of premiums paid. The free-look period is usually 15 days to 30 days from the date of receiving the policy document.
Can I Cancel My Star Union Dai-Ichi Life Insurance Policy within 15 Days?
Star Union Dai-Ichi Life Insurance Company offers a free-look period during which the policyholder can cancel the policy if they are not satisfied with the terms and conditions and receive a refund of premiums paid. The free-look period is usually 15 days to 30 days from the date of receiving the policy document.
Can I Cancel My Shriram Life Insurance Policy within 15 Days?
Shriram Life Insurance Company offers a free-look period during which the policyholder can cancel the policy if they are not satisfied with the terms and conditions and receive a refund of premiums paid. The free-look period is usually 15 days to 30 days from the date of receiving the policy document.