|App Download Version|
|Last Updated||March 14, 2018|
|App by||Jigar Gohil|
|Category||Free Finance App|
|Support Android Version||Android 10 and above|
This is an extremely useful tool for India’s Life Insurance Corporation agents, as well as its clients. The Life Insurance Corporation is an investment and insurance company which has a wide range of plans. The app can be used to easily navigate these plans.
Use the app to quickly calculate premium and maturity values by entering information. The app can be used to calculate values from all of LIC’s plans from Endowment, to Moneyback, to Term and Pension Plans. As well as payments, it can be used to easily calculate late fees and revival fees.
In addition to calculations, the app has an advisory feature which asks users to enter an individual’s age, BMI and investment capabilities. Based on this, it recommends a LIC plan that best fits that particular individual; it’s super handy for advisors!
Additionally, you can send the calculations and advice to clients and customers through the app which links to popular communication apps like WhatsApp and Messages. Through the ASK LIC future, users can send direct messages to LIC to ask about the status of the policies.
Valuable features of the app include:
- Calculating maturity and premium payments
- Calculating late and revival fees
- Advice on plans to opt for, based on each individual
- Links to communication apps to provide information quickly