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LIC India insurance in Kerala, bought the smart way

India's largest and most trusted life insurer since 1956. Compare LIC India plans against Kerala's other leading insurers with free, honest advice from Maaxus Insurance Hub — and get personal support at claim time.

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About Life Insurance Corporation of India

Reviewed by the Maaxus advisory team · 15 July 2026

The Life Insurance Corporation of India is the country's largest life insurer and, for generations of Kerala families, synonymous with life insurance itself. Government-owned, with an unmatched settlement track record and sovereign backing, LIC remains the default choice for guaranteed, conservative protection and savings.

LIC's catalogue spans pure term cover (Tech Term / New Tech Term), classic endowments like New Jeevan Anand, children's plans and annuities. The right pick depends on whether you want protection, savings or income — Maaxus Insurance Hub gives you the same honest comparison for LIC as for private insurers, because the best plan is the one that fits, not the most familiar name.

Exploring the wider market first? Start with our guides to health insurance in Kerala and life insurance in Kerala, or request a free comparison quote.

Popular LIC India plans we advise on

Plan availability and features change — we always confirm the current version and quote it against alternatives before you buy.

LIC's New Tech Term

Pure online term cover at LIC's most competitive rates — maximum protection per rupee.

New Jeevan Anand

The classic endowment: savings plus lifelong cover that continues even after maturity.

Jeevan Umang

Whole-life plan paying regular survival income of 8% of sum assured yearly after premium term.

New Jeevan Shanti

Deferred annuity converting a lump sum into guaranteed lifelong pension.

Why families choose LIC India

Sovereign backing — the highest trust factor in Indian insurance
Decades of near-universal claim settlement history
Bonus-earning traditional plans for conservative savers
Vast servicing network across every Kerala district

Why buy it through Maaxus

We compare LIC's premiums against private term plans openly — sometimes LIC wins, sometimes it doesn't, and you deserve to see both.
We help revive lapsed LIC policies and consolidate old family policies into a clear picture.
Maturity, survival-benefit and death-claim paperwork handled for your family, in Malayalam if preferred.
EMI available on premiums of ₹10,000 and above.

LIC India — your questions, answered

Is LIC better than private life insurers?

LIC offers unmatched trust and settlement history; private insurers often price pure term cover lower. The honest answer depends on your goal — protection, savings or pension. Maaxus shows you the side-by-side numbers free.

Which LIC plan is best for family protection in Kerala?

For pure protection per rupee, LIC's New Tech Term is the strongest pick. If you want savings bundled in, New Jeevan Anand is the classic. We'll size the cover to your income and liabilities.

Can NRIs buy or continue LIC policies?

Yes — NRIs can buy new LIC policies and continue existing ones while abroad. Specific rules apply to residence country and medicals; we manage the process for Gulf-based Malayalis routinely.

My family has old LIC policies — can you review them?

Absolutely. We audit existing policies (cover, bonus, surrender value, loan status) and tell you what to keep, revive or restructure. No charge for the review.