LIC International

Invest smart today for a better tomorrow

Upto35% OFF
InstantIssuance
WorldwideCoverage

Compare Investment Plans

Updated 13 August 2026Investment Plans

We Are Rated

4.2/5★★★★★★★★★★

Central Bank UAE

Registration No.: - 123

1.5 Million+

Trusted Customers

35+

Insurance Partners

820 K+

Policies Sold

Life Insurance Corporation of India (LIC) stands as one of the largest institutions in India's insurance sector. With a diverse range of offerings such as insurance plans, health plans, savings plans, child plans, and pension plans, LIC has earned a stellar reputation for its comprehensive coverage options. Currently, LIC dominates the Indian insurance market with a staggering market share of over 70% in policies.

LIC also expanded its reach to the Gulf Cooperation Council (GCC) countries, specifically targeting the sizeable Indian expatriate communities residing there. This expansion marked the birth of LIC International, serving as a trusted insurance provider for the Indian diaspora abroad.

Presently, the company operates in four GCC countries, namely Bahrain, the United Arab Emirates (Dubai and Abu Dhabi), Kuwait, and Oman, catering to the insurance requirements of the expatriate population in these regions.

In this article, we will cover the diverse range of plans offered by LIC International in the UAE and explore the seamless claim process, essential documentation requirements, and additional details to assist you in making informed decisions with respect to your insurance needs.

Key Facts About LIC International

Let’s take a look at some of the notable facts about LIC International-

Serving as a trusted insurance provider, LIC International operates in four GCC countries with a primary focus on Indians living in GCC countries.
The company started with an initial capital of USD 0.245 million and has now grown into a billion-dollar organisation.
In 2021, the total premium income was approximately BD 47.7 million.
Claims paid to policyholders in 2021 amounted to BD 74.56 million, compared to BD 167.45 million in 2020.
Policyholders have the option to transfer their policies to India through an agreement between LIC International and the Life Insurance Corporation of India.
The company has notable bancassurance partners such as RAKBANK, Mashreq Bank, ICICI Bank, FAB, Doha Bank, Emirates NBD, ADCB, BBK, and more.

LIC International UAE Plans

LIC International offers a wide range of products to meet the specific requirements of customers such as life cover, attractive returns, liquidity, provisions for children's education/marriage, health coverage, and pension plans.

LIC International UAE Plans are available across the following categories –

Children Plans:

LIC International offers children plans that are specifically designed to secure the future of children. These plans provide financial protection and savings options for children's education, marriage, or any other important milestones in their lives. They offer features such as maturity benefits, death benefits, and the flexibility to choose the premium payment term as per the policyholder's preference.

Endowment Plans:

These plans are investment-cum-insurance policies that provide both protection and savings components. They provide a lump sum payout on maturity or in the event of the policyholder's unfortunate demise during the policy term. With these plans, one can avail of financial security along with the opportunity to build a corpus over time through regular premium payments.

Pension Plans:

Pension plans, as the name suggests, are designed to provide a stable income stream during the policyholder's retirement years. These plans help individuals accumulate a retirement corpus by making regular contributions over a specified period.

Upon retirement, the policyholder receives regular pension payments, ensuring financial independence and a comfortable lifestyle post-retirement.

Special Plans:

Besides the plans mentioned above, LIC International also offers special plans that cater to the unique requirements of individuals. These plans include options like single premium policies, term insurance plans, and plans with enhanced life coverage. Special Plans provide tailored solutions to meet the diverse requirements of policyholders, ensuring wealth creation and financial stability.

Tabled below are the LIC International UAE plans available under each category –

Category	LIC International UAE Plans
Children Plans	New Professional Education Plan- Plan No. 257
Endowment Plans	New Participating Endowment – Plan No. 256
Pension Plans	New Deferred Future Secure Pension Plan – Plan No. 260 New Immediate Future Secure Pension Plan – Plan No. 259
Special Plans	LIC International Child Education Plan – Plan No. 272 Systematic Wealth Creation Plan No. 271 Future Smart V – Plan No. 269 Single Premium Wealth Creator – Plan No. 268 Future Smart IV – Plan No. 266 Future Smart III – Plan No. 265 LIC International Term Plan – Plan No. 264 Smart Elite Savings Plan – Plan No. 262 New Future Smart II – Plan No. 261 New Future Smart – Plan No. 258 New Future Bright Plan – Plan No. 255

LIC International UAE Plans – An Overview

Have a look at the table below for an overview of the minimum sum assured, policy term, and mode of premium payment of the mentioned plans -

LIC International Plan	Minimum Sum Assured	Policy Term	Premium Paying Term
New Professional Education Plan - Plan No. 257	USD 10,000	23 – Age of child	Full Term Policy: (18 – Age of child) For Limited Term Policy – 5 years Single-Premium
New Participating Endowment – Plan No. 256	USD 4,000 (thereafter in multiples of US $100)	Minimum – 10 years Maximum – 35 years	Full Term, Limited Term (For 5 years and 7 years)
New Deferred Future Secure Pension Plan – Plan No. 260	-	-	Single premium
New Immediate Future Secure Pension Plan – Plan No. 259	-	-	Single premium
LIC International Child Education Plan – Plan No. 272	USD 25,000	Minimum – 7 years Maximum – 25 years	5 and 7 years
Systematic Wealth Creation Plan No. 271	-	Whole of life	10, 15. And 20 years
Future Smart V – Plan No. 269	USD 50,000	5 years	Single premium
Single Premium Wealth Creator – Plan No. 268	-	Whole of life	Single premium
Future Smart IV – Plan No. 266	USD 100,000	5 years	Single premium
Future Smart III – Plan No. 265	USD 25,000	5 years	Single premium
LIC International Term Plan – Plan No. 264	USD 300,000	Minimum – 5 years Maximum – 35 years	-
Smart Elite Savings Plan – Plan No. 262	USD 25,000 (In multiples of USD 1,000 thereafter)	Minimum – 10 years Maximum – 25 years	Full Term & Limited Term (5 Years)
New Future Smart II – Plan No. 261	USD 25,000	5 years	Single premium
New Future Smart – Plan No. 258	USD 25,000	5 years	Single premium
New Future Bright Plan – Plan No. 255N	USD 20,000 and in multiples of 1,000 thereafter	9 years	Single premium

Features and Benefits of LIC International Plans

Listed below are the prominent features and benefits of LIC International plans –

LIC International Plan	Features and Benefits
Children Plans
New Professional Education Plan- Plan No. 257	Provide funds for the professional education of your child Ideal option for cashback plan for children Children from 0- 13 years are qualified for the plan Guaranteed additional shall be given on completion of every year of the policy at a rate of USD 25 per annum per 1,000 sum assured Premium waiver benefit rider is available under the plan. Single premium and limited term options can be selected as per your preference.
Endowment Plans
New Participating Endowment – Plan No. 256	Avail of the benefits of life cover, investment, convenience, and liquidity Sum assured and accrued shall be paid on the maturity of the policy. You can opt for the accident benefit rider during the policy tenure or up to the age of 70 (whichever comes earlier). You can pay the premiums on a monthly, quarterly, half yearly, or yearly basis. The minimum term of the policy is 10 years, while the maximum term is 35 years.
Pension Plans
New Deferred Future Secure Pension Plan – Plan No. 260	Non-linked, deferred annuity, and single premium product Annuity payments are paid in arrears to the survivor after the deferment period is completed. Deferment period ranges from 3 to 10 years The minimum age to purchase the plan is 35 years. Two annuity options available are – Deferred Annuity for Single life with Return of Purchase Price Deferred Annuity for Joint life with Return of Purchase Price
New Immediate Future Secure Pension Plan – Plan No. 259	Single premium policy No maturity benefits available Non-linked and immediate annuity plan that provides an immediate pension The entry age for this plan ranges from 40 years (completed) to 75 years (nearer birthday), providing flexibility for individuals to start planning for their pension at different stages of life. The minimum purchase price of the plan is USD 15,000.
Special Plans
LIC International Child Education Plan – Plan No. 272	Non-linked, non-participating plan that is ideal for children Maturity payable at the end of the policy term Get the advantage of a premium waiver benefit on the death of the proposer during the term of the policy. The policy will cease once the death benefit is paid. The term of the policy ranges from 7 to 25 years. Limited premium payment option of 5 and 7 years A notable benefit of this plan is that the entry age is 0 years.
Systematic Wealth Creation Plan No. 271	Through this plan, you can invest in multiple unit-linked funds by various fund houses. You are responsible for investment risk under this whole life plan. Nominees get a benefit of 101% of the fund value upon the death of life assured. No maturity benefit applicable During the policy year, you can switch your funds as many times as you like. The loan option is not available under the plan.
Future Smart V – Plan No. 269	It is a savings plan with a guaranteed return. Maturity benefits are payable after 5 years. Suitable for short-term investment Guaranteed additions will accrue on completion of every policy year. The entry age for this plan is 18 years. Single premium has to be paid at the beginning of the policy. Minimum surrender value – 95% of the single premium paid (does not include extra premiums).
Single Premium Wealth Creator – Plan No. 268	Through this plan, you can invest in multiple unit-linked funds by various fund houses. You are responsible for investment risk under this plan. Nominees get a benefit of 101% of the fund value upon the death of life assured with this whole life plan. No maturity benefit is applicable. No limit applicable with respect to switching your funds during the policy year No facility is available for loan under this plan.
Future Smart IV – Plan No. 266	Non-linked, savings plans with guaranteed return The policy offers financial protection in case of death during the policy term and includes an extra guaranteed addition for one year. Get maturity benefits after 5 years. Single premium policy The minimum sum assured is USD 100,000, with no limit applicable for the maximum sum assured. Minimum top-up premium of USD 5,000 is mandatory.
Future Smart III – Plan No. 265	Single–premium policy Get a guaranteed lump sum amount at the maturity period. Good for short-term requirements Get guaranteed additions on completion of every policy year at the rate of USD 30 per annum per thousand on basic sum assured and top-up premiums Available for individuals between 18 to 65 years.
LIC International Term Plan – Plan No. 264	Non-profit pure term plan Premium rates based on the life assured’s lifestyle and health choices Get coverage against 37 critical illnesses with life risk which will be covered under the standard policy. The minimum sum assured under this plan is USD 300,000 The maximum entry age for this plan is 65 years.
Smart Elite Savings Plan – Plan No. 262	Specially designed for high-net-worth individuals Provides life cover along with the savings component to make your investment portfolio strong The policy will take part in the profit of the company. From day one, there is a guaranteed sum assured. The bonus shall be paid at the time of exit of the plan via maturity.
New Future Smart II – Plan No. 261	Single-premium guaranteed return non-linked savings plans Appropriate for short-term requirements Maturity benefit – sum assured + top-up premiums and guaranteed additions on the basic sum assured + top-up premium Minimum (mandatory) top-up premium of USD 10,000 The policy comes with a term of 5 years
New Future Smart – Plan No. 258	Available with guaranteed return Non-linked single premium endowment plan Life cover, liquidity, and returns provided under one umbrella The policy tenure is 5 years The basic sum assured of the plan is USD 25,000.
New Future Bright Plan – Plan No. 255	Investment along with saving Premium needs to be paid in lump sum at the beginning of the policy Maturity benefit along with loyalty addition, if applicable Cashback plan Fixed term of 9 years Get 10% of the sum assured after three and six years of completion No riders are available with the plan

Eligibility Criteria for LIC International UAE Plans

Before considering an LIC International UAE plan, it is essential to review the eligibility criteria to ensure that the plan remains active and valid throughout its duration. Checking the minimum entry age and maximum age requirements is crucial -

LIC International Plan	Minimum Entry Age	Maximum Age
New Professional Education Plan- Plan No. 257	0 years	13 years
New Participating Endowment – Plan No. 256	8 years	65 years
New Deferred Future Secure Pension Plan – Plan No. 260	35 years	72 years
New Immediate Future Secure Pension Plan – Plan No. 259	40 years	75 years
LIC International Child Education Plan – Plan No. 272	0 years	11 years
Systematic Wealth Creation Plan No. 271	0 years	75 years
Future Smart V – Plan No. 269	18 years	70 years
Single Premium Wealth Creator – Plan No. 268	5 years	70 years
Future Smart IV – Plan No. 266	18 years	70 years
Future Smart III – Plan No. 265	18 years	65 years
LIC International Term Plan – Plan No. 264	18 years	65 years
Smart Elite Savings Plan – Plan No. 262	8 years	55 years
New Future Smart II – Plan No. 261	18 years	70 years
New Future Smart – Plan No. 258	18 years	65 years
New Future Bright Plan – Plan No. 255	15 years	60 years

Documents Required for LIC International UAE Plans

While applying for LIC International UAE plans, the following documents are generally required for different plan categories -

Children Plans

Duly filled and signed application form
Proof of age for the child (birth certificate or passport)
Identity proof of the proposer (parent/guardian)
Address proof of the proposer
Passport-size photographs

Endowment Plans

Completed and signed application form
Identity proof (such as passport, Emirates ID, or driving licence)
Address proof (utility bills, rental agreement, or bank statement)
Proof of income (salary certificate or bank statement)
Passport-size photographs

Pension Plans

Application form (completed and signed)
Identity proof (passport, Emirates ID, or driving licence)
Address proof (utility bills, rental agreement, or bank statement)
Proof of age (birth certificate or passport)
Passport-size photographs

Special Plans

Duly filled and signed application form
Identity proof (passport, Emirates ID, or driving licence)
Address proof (utility bills, rental agreement, or bank statement)
Proof of income (salary certificate, bank statement, or tax returns) if required
Passport-size photographs

Note: The specific document requirements may vary based on individual circumstances and the particular plan chosen. It is advisable to contact the concerned representative for accurate and updated information regarding documentation requirements for each plan category.

Fees and Charges Associated with LIC International Plans

The following table highlights the fees and charges associated with LIC International plans –

Service	Applicable Fees and Charges
Copy of duplicate policy document	USD 13.22
Easy revival of policy	USD 5.29
Issue of R.T.A. plan other than single premium plan	USD 40
Addition of accident benefit other than from the date of commencement	USD 8
Splitting of policy	USD 8
Reduction in the term under the policy	USD 8
Change of premium paying full term to limited-term	USD 8

How to Pay Premiums of your LIC International UAE Policy?

The two options available are given as follows -

Payment at LIC (International) Branch Office

You can visit a LIC (International) branch office and pay your premium in cash (in local currency or USD) or by cheque. Make sure that the cheque is made payable to LIC (International) only.

Direct Transfer to LIC (International) Bank Accounts

As a policyholder, you also have the option to transfer the premium amount directly to an LIC International bank account in your respective country through Telex Transfer. When making the transfer, remember to include the Policy Number, Mobile Number, and Purpose of Remittance on the transfer advice. Additionally, send a scanned copy of the transfer advice to the branch's email address for tracking and adjustment of the remittance towards your policy.

LIC International Claim Process

The LIC International claim process ensures that policyholders or their beneficiaries can smoothly navigate the various procedures and receive the benefits that they are entitled to. Whether it’s maturity and survival claims or unfortunate death claims, LIC International has established a streamlined system to handle each situation efficiently.

Mentioned below are the steps to be followed in each case –

Maturity and Survival Claims

For maturity and survival claims, LIC International will send you intimations well in advance of the due date. However, if you have not received any such intimation, make sure to inform the organisation promptly so that they can take necessary action.

To prevent such scenarios, LIC strongly recommends keeping your contact information updated with their records, informing them of any changes.

Death Claims

In the unfortunate event of the life assured's demise, it is important to notify the respective branch from where the policy was issued. Along with this notification, make sure to provide the original or certified death certificate.

Depending on the terms and conditions of the policy, the beneficiary listed in the policy document may be required to submit additional forms and certificates if necessary. Once the required documents are submitted, LIC International will proceed with the settlement of the death claim.

How to Apply for LIC International UAE Plan Online?

To apply for an LIC International plan online in UAE, you can easily use the user-friendly platform of policybazaarinsurance.ae. The website offers a simple and intuitive interface and ensures a seamless application process.

Follow these steps to apply -

Visit the official website of policybazaarinsurance.ae.
Navigate to the investment section.
Fill out the lead form with accurate details and provide all the necessary details.
Submit the form to proceed.
Upon submission, you will be redirected to the investment quotes section, where you can explore a range of plans that align with your objectives.
Select the desired plan and click on the ‘apply’ button.
A dedicated representative will promptly contact you and guide you through the subsequent process.

Here are the advantages of applying for an LIC International plan via policybazaarinsurance.ae -

Convenience: The online platform of policybazaarinsurance.ae provides the convenience of applying for an LIC International plan from anywhere and at any time, eliminating the need for physical visits or paperwork.
User-Friendly Interface: The website offers a user-friendly interface, making the application process pretty easy to navigate - even for those without prior technical expertise.
Wide Range of Plans: The website showcases a diverse selection of LIC International plans and allows you to explore and compare different options in one place.
Quick Response: Once you submit the application form, you can expect a prompt response from a representative who will guide you through the next steps.
Personalised Assistance: A dedicated representative will provide personalised assistance to address your queries and help you choose the most suitable LIC International plan based on your specific requirements.

Refer to the FAQ section next for some commonly asked questions related to LIC International.

Which products are offered by LIC International?

LIC International offers different types of investment plans, child saving plans, endowment plans, pension plans, and other special plans. You can easily apply for any of them through Policybazaarinsurance.ae.

In which currencies LIC International policies are issued?

LIC International policies are issued in the US $. However, the claims can be settled in any currency.

My LIC International policy is lapsed. What should I do?

If you don't pay your insurance premiums on time, your policy becomes invalid until you bring it back to active status. To revive a lapsed policy, you will need to pay all the missed premiums along with any additional charges and meet any health requirements if necessary.
It's important to keep your policy active to ensure that your family receives the financial protection promised by the policy.

Can I obtain a loan against my LIC International policy?

Yes, some LIC International plans are designed for saving money - if you require money, you can easily borrow against your policy. You can repay the loan with interest or choose to only pay the interest and have the loan amount deducted from your claim payments later. If you have an outstanding loan, you can still apply for additional loans on your policy.
Many financial institutions also offer loans based on the value of your LIC (Intl) policies when requested.

What are the different payment frequencies available with LIC International?

You can choose to pay premiums for LIC International products at any of the following frequencies - monthly, every 3 months, every 6 months, yearly, or all at once. You can also opt for a ‘Limited term premium payment scheme’ where you pay premiums for a specific period.
Additionally, you have the option to pay premiums in advance for 2 to 5 years or pay a lump sum amount for the entire premium.