New LIC Policy Guidance in Pune
From comparing plan categories to completing the proposal correctly the first time.
Taking a new LIC policy involves more than picking a plan name — it means understanding your requirement, comparing 2-3 relevant plans, deciding on the sum assured and term, and completing the proposal form (including any medical or income documentation) accurately so the policy is issued without avoidable delay.
What the Process Involves
- A conversation about your age, income, dependents and goal
- A short-list of 2-3 relevant LIC plans with a plain-language comparison
- Guidance on sum assured and premium based on your budget
- Help completing the proposal form and gathering required documents
- Following up with the branch/underwriting team until the policy is issued
Documents Typically Required
Identity and address proof, age proof, income proof (for higher sum assured), a recent photograph, and — depending on age and sum assured — a medical examination may be required. Exact requirements vary by plan, sum assured and your profile.
New LIC Policy FAQs
This varies by plan, sum assured and whether medical tests are required — straightforward cases are often quicker, while higher sum assured cases requiring medical underwriting can take longer.
Not always — it depends on your age, the sum assured chosen, and the specific plan's underwriting requirements.
Get Help With New LIC Policy
Share your policy details and requirement — S. Kulkarni will guide you through the next step.