Nirmal Investment

Our Services

All services related to LIC

For specific information or actions related to LIC policies, it's advisable to contact LIC directly or visit their official website for the most up-to-date details and services.

Mediclaim & Health Insurance

health insurance and mediclaim policies, it's important to carefully review the policy documents to understand the extent of coverage and any limitations.

Retirement & Tax-Free Pensions

It's essential to consult with a financial advisor or tax professional to determine which retirement or pension plan is best suited to your specific financial goals and circumstances.

Employer- Employee Scheme

An Employer-Employee Insurance scheme is an arrangement in which an employer purchases a life insurance scheme for its employees. It means that the ownership of the policy is with the employer and the premiums are paid by the employer, employee is the beneficiary of the policy.

Financial planning for child's education and marriage

You can start with an insurance policy. You can opt for a term life insurance to cover the near term goals like your child's education or marriage, or you can get a life insurance policy that can assure your child financial security even in your absence. You also need to opt for a health insurance plan.

Marriage Women's Property Act (MWPA)

The MWPA policy can be bought only to insure the policyholder's wife and children. The beneficiaries are decided at the time of purchasing the policy and cannot be changed later on. The needs of the policyholder's family are given priority

Group Health Insurance

Group Health Insurance is a policy provided by employers or organizations for a group of individuals, offering comprehensive healthcare coverage, often with cost-sharing, negotiated rates, and simplified administration. It's a valuable employee benefit.

Group Term Insurance

Group Term Insurance is a life insurance policy offered by employers or organizations to a group of individuals. It provides a death benefit if an insured member passes away during the policy term. It's typically part of employee benefits, with no cash value, and often doesn't require medical underwriting.

Partnership Insurance

Partnership insurance, often known as buy-sell agreement insurance, is a policy that enables business partners to buy the shares of a deceased or departing partner, ensuring a smooth ownership transition in case of unexpected events.

Key Man Insurance

Key man insurance is a policy a business purchases to protect against the financial loss resulting from the death or disability of a key employee, such as a founder or key executive, whose expertise and contributions are essential to the company's success.

Hindu Undivided Family (HUF)

A Hindu Undivided Family (HUF) is a unique tax entity in India, comprising members of the same family who pool their income and assets for joint ownership, typically governed by Hindu law. It has distinct tax benefits and obligations.

Our Additional Services

Claim settlement

Claim settlement refers to the process of an insurance company approving and disbursing the agreed-upon benefits or compensation to the policyholder or beneficiary after a valid insurance claim is filed, ensuring financial coverage for covered losses or events.

Survival Benefit Amount Payable

Survival benefit amount is a fixed sum paid to the policyholder by an insurance company when the insured individual survives till the maturity date of the policy. It represents a pre-determined portion of the total policy benefits.

Maturity amount

Maturity amount is the lump sum payment made by an insurance policy or investment plan to the policyholder when the policy reaches its maturity date. It includes the principal amount and any accrued interest or profits.

Death Claim

A death claim is a request made to an insurance company by the beneficiaries of a life insurance policy after the insured person's death. The insurer pays out a predetermined sum, the death benefit, to the beneficiaries upon approval of the claim.

Credit Facilitie

Credit facilities are financial services offered by banks or financial institutions, encompassing loans, credit lines, and credit cards. They provide individuals and businesses with access to funds for various purposes, such as investments, working capital, or personal expenses.

Surrender Of Policies

Surrender of policies is the voluntary termination of an insurance policy before its maturity date. The policyholder receives a surrender value, which is a portion of the accumulated funds, in exchange for forfeiting the policy's coverage and future benefits.

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

Change of Mode, Nominee, Address, and NEFT Registration are policy updates in insurance. They allow policyholders to modify payment frequency, nominee information, contact details, and banking details for premium payments, ensuring accurate and convenient policy management.