Today, insurance has become an integral part of our life and in India; its acceptance is increasing rapidly. When it comes to life insurance then LIC is number one player in it. Other private players like Reliance, ICICI Prudential etc are also doing well. The main advantage of life insurance policies is that anyone can secure his or her life with benefits of increasing their wealth. Many people invest in insurance as a good investment opportunity.
There are many good insurance policies available in market which guarantees good results with time. With the help of modern technology, it has become very easy to get money from such insurance policies. You can easily register, your policies for NEFT transfer so that you can get all returns from such policies directly to your bank account. LIC biggest player in this segment introduced this scheme in 2011 and most of other players in this segment are also allowing NEFT transfer.
The main advantage of registering for NEFT transfers is that you get your money directly in your bank account. So you do not face any complexities in getting your money. No more worry of late receipt of checks etc. Simply get your money on time by registering for NEFT transfers. It is very convenient solution and it is much safe as compared to other methods of getting payments for your insurance investments.