Introduction

Lic

Lons provided by it.

Categories

What are types of loans

Sweety

Peaceful settlements

Insurance

Topic- a study on the loans generally passed in the insurance company under banks in North
Bengal

What are the types of loans?

Terms and conditions of such loans?

IPR

TOPIC-A recognition of service marks as protectable marks- Indian law and U.S experience.

Subhankar

PIL

Topic- a study on the concept of neutrality

Insurance law

Topic- a study on the policies of Life insurance cases under lic of India.

IPR

Topic- bioinformatics and intellectual property.

LIC provides loans to individuals against their policy.

Minimum time of 3yrs has to be given for the loan requirement.

A interest of has to be paid which is 9.5 percent.

The interest has to be paid half yearly

The principal amount can be paid per month not below rs.500 or can be paid in one during the
time of maturity.

Housing loans are also provided by the lic housing finance dept.

Banks also provide loans to individuals by keeping their lic policies as a guarantee.

Any other types of loans provide by lic is completely depended on the IRDA, finance ministry or
budget plans made by the govt. every year.

Policies given lic

Endowment type policies- a type of policy

Single premium endowment

Limited premium endowment- the policy is

Whole life plan

Money back plan

Single premium plan

Term plan- these policies only depend on the death of the person assured.

Pension policy

Health plan

Child plan