LIC Quick Quotes: Generate Instant Premium Quotes and Benefit Illustrations
LIC Quick Quotes was designed for LIC’s customers to generate instant premium quotes and benefits illustrations. The app offers two main features: Premium Calculator and Benefit Illustration.
The Premium Calculator allows customers to generate their premium quote by entering the required details. The app uses the entered data to calculate the premium amount based on the plan selected by the customer. The process is quick and easy, making it convenient for customers to get a premium quote on the go.
The Benefit Illustration feature provides customers with an estimate of their benefits based on two different earning scenarios. This feature is based on the guidelines set by the IRDAI. Customers can use this feature to understand the potential benefits of the plan they are interested in.