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LIC USA for NRI's


Kobbaribondam

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Hi Folks

Can somebody please shed some light about LIC policies in USA? like which are the best carriers and term and other details..

 

Much appreciated.

 

 

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38 minutes ago, Kobbaribondam said:

Life Insurance in US please.

Mainly Two types 

1. Term — pay some money monthly and anything happens to insured their beneficiary will get money. Usually 25 or 35 years.

2. whole life —- pay some good amount of money every month for few years and get big check after 15 or 20 years (depends on policy) and covered for whole life.

second option is close to LIC back in India but you end up paying a big amount monthly.

first option lo 35$ ala pay chestav 500k ki and god forbidden edanna ayuthe nee family ki pisalu vastayu...

now decide yourself which one you can afford.

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State Farm 250k teesukunna , expensive , only took it there as I have a couple of more policies so I get some multi policy discounts

will probably go outside and bump it upto 500k

Company vadi tho kooda undi (opted for more than default option)

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5 hours ago, LadiesTailor said:

LIC endi vaaa, do you mean life insurance in US ? Or applying for LIC (India) while staying in US ?

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Term insurance is good option for Most … It cost you $30 to $40 (depending on your age and health) for 1 Million insurance  for 20 years   … You can this apply in  AIG, Transamerica ..etc.  compare the quotes .... Every family with kids need to have this insurance in USA ...Incase of something happens this will supports dependents …   

 

 

 

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