Online Term Plan by LIC

POSTED BY J ON September 3, 2011 2:09 pm ONE COMMENT


According to an article in The Economic Times, LIC is also coming up with an Online Term Plan very soon. 🙂


Please share your thoughts regarding the same and what impact can this LIC online term plan have on other competitors in the market which already are providing Online Term Plans? I find it a bit amusing that HDFC Life and SBI Life haven’t entered this space till now…LIC seems to be one step ahead in this case 😉

Please do share your thoughts.

Thanks & Regards,


One reply on this article “Online Term Plan by LIC”

  1. This will have a big impact on life insurance business .. most of the people will go with this option as its from LIC and cheap (not that cheaper , but still cheaper than offline option) .. so term plans from other pvt companies will take some hit initially . but again .. pvt companies premiums might come down more because of this move ..


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