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Invitation of Earnings Call-FY23     The date of Main examination for the recruitment of Apprentice Development officers has been modified as 23.04.2023 from 08.04.2023     The date of Main examination for the recruitment of Apprentice Development officers has been modified as 23.04.2023 from 08.04.2023     "RFP for Consultant for HR Systems"     "Dear Policyholder, Please submit Bank Account Details ( NEFT ) to LIC - Click here to Download NEFT Form"     'SMS "LICHELP < policy no >" and send it to 9222492224 or 56767877 for Policy Enquiry/Product Query/Registering of complaint under your policy     Notice to Public regarding Combination of Products     " Know your policy details through SMS to 'ASKLIC' (ASKLIC < policy no > PREMIUM/LOAN/BONUS/REVIVAL/NOMINATION) and send it to 9222492224 "     Beware of fake / spurious calls - DOs and DONTs     " FRAUDULENT RECRUITMENT ADs: BEWARE...! "     Beware of Spurious Phone Call and Fictitious/Fraudulent Offers     "PLEASE REGISTER IN CUSTOMER PORTAL FOR AVAILING ONLINE SERVICES"     Intimation to policyholders regarding changes in tax structure due to implementation of Goods and ServicesTax (GST) - Click Here     Basic Safety measures to fight against Coronavirus Disease (COVID-19)     "Revised Working Hours of All Offices of LIC Of India from 10.05.2021, pursuant to Notification S.O.1630(E) Dated 15th April 2021 wherein the CENTRAL GOVERNMENT has Declared Every Saturday as a Public Holiday for Life Insurance Corporation of India."     Also on ALL POSSIBLE digital modes through LIC website without any service charges.     "Individual Pension Policyholders/ Annuitants can submit Digital Life Certificate through mobile app Jeevan Saakshya. App can be downloaded from play store"     For Policy enquiry contact LIC Call Centre Services on (022) 68276827     

Home » Group Schemes » Pension & Group Schemes

Pension & Group Schemes

Group Insurance covers a group of lives under one contract. It can be employer- employee group or any other homogeneous group formed for purposes other than obtaining insurance.

In addition to providing group insurance cover, the P&GS Department also offers Fund management services to the Employer Group through its dedicated Gratuity, Superannuation and Leave Encashment schemes. It provides customized solutions to the customers at a group level. It is also the Annuity Provider for the employees who are retiring or exiting the company.

The Department provides customized insurance/ benefit administration schemes specifically designed as per respective governments – State and Central.

Image of Pension & Group Schemes

"Format of Existence Certificate for Group Annuities"(257 KB)



P&GS Products
Sr. No. Product Name UIN No Policy Document Sales Brochure
1 LIC's New Group Superannuation Cash Accumulation Plan 512N274V03 PDF(266 KB) PDF(217 KB)
2 LIC's New Group Gratuity Cash Accumulation Plan 512N281V03 PDF(2.3 MB) PDF(212 KB)
3 LIC's New Group Leave Encashment Plan 512N282V03 PDF(2.4 MB) PDF(212 KB)
4 LIC's Group Credit Life Insurance 512N302V01 PDF(280 KB) PDF(832 KB)
5 LIC's Single Premium Group Insurance 512N298V01 PDF(151 KB) PDF(161 KB)
6 LIC's New One Year Renewable Group Term Assurance Plan I 512N275V02 PDF(720 KB) PDF(550 KB)
7 LIC's New One Year Renewable Group Term Assurance Plan II 512N276V02 PDF(723 KB) PDF(522 KB)
8 LIC's One Year Renewable Group Micro Term Assurance Plan 512N335V01 PDF(194 KB) PDF(94 KB)
9 Group Immediate Annuities 512N049V01 PDF(1.4 MB) -
10 Pradhan Mantri Jeevan Jyoti Bima Yojana 512G300V01 - -
11 LIC’s Group Assurance plan 512G344V01 PDF(655 KB) PDF(417 KB)
12 LIC’s Group Accident Benefit Rider 512B213V01 PDF(636 KB) PDF(859 KB)
13 LIC's Group Post Retirement Medical Benefit Plan 512N352V01 PDF(636 KB) PDF(859 KB)



Withdrawn P&GS Products
Sr. No. Product Name
1 GMRA Scheme (UIN : 512N219V01)(113 KB)
2 Gratuity Plus(74.9 KB)
3 Group Flexi Income Plan(66 KB)
4 Pradhan Mantri Jan Dhan Yojana