LIC offering multiple benefits on premium payment with co-branded credit cards with Axis Bank: Check features, offer

Life Insurance Corporation (LIC) is a well-known insurer in the country. The insurance behemoth is part of finance planning in a majority of households in India. The country's leading insurer has tied up with banks like Axis Bank and IDBI to provide credit cards which facilitate insurance products as well as provide additional benefits to users. 

LIC Credit Card holders can avail multiple benefits by using their card to deposit premium.  

LIC, in collaboration with Axis Bank, has issued three types of credit cards — LIC Signature Credit Card, LIC Platinum Credit Card, and LIC Titanium Credit Card. Here are the features and the benefits that users can avail by opting for these LIC Credit Cards:

LIC Credit Card: Signature Credit Card

LIC Signature Credit Card offers 2 reward points for every Rs 100 premium deposited with Signature Credit Card. You get 1 reward point for every Rs 100 spent on other types of spends as well.  

LIC Credit Card: Insurance Cover

Complimentary lost credit card liability insurance is available equal to the limit of the credit card. Personal accidental insurance cover of 5 lakhs and air accidental insurance cover of 1 crore is also available.

LIC Credit Card: Fuel Surcharge waiver

A fuel surcharge of 1 per cent is waived on transactions between Rs 400 to Rs 4000.

LIC Credit Card: Airport lounge access

Credit card users can avail lounge facilities at selected airports within India.

LIC Credit Card: LIC Platinum Credit Card 

LIC Platinum Credit Card offers 2 reward points for every Rs 100 deposited as premium.  

LIC Credit Card: Insurance Cover

Users get a personal accident cover of Rs 3 lakh and air accident insurance of Rs 1 crore. Complimentary lost credit card liability insurance is also available for patrons.

LIC Credit Card: Fuel Surcharge Waiver  

A fuel surcharge of 1 per cent is waived on all transactions at petrol pumps.

LIC Titanium Credit Card

LIC Titanium Credit Card offers 2 reward points for every Rs 100 deposited as LIC premium.  One reward point is offered for every Rs 100 spent on non-premium spends.  

LIC Credit Card: Insurance Cover

Complimentary lost card liability insurance covers up to your credit limit.

LIC Credit Card: Fuel Surcharge Waiver

1% fuel surcharge waiver at all fuel pumps across India (for transactions between Rs 400 and Rs 4000). Maximum benefits upto Rs 400 per month