About Us
Straightforward LIC and general insurance guidance for Chennai families and businesses — from first quote to claim support.
Who we are
28+ years in the insurance industry
I am C. Sivaprakash from Chennai. I joined LIC as an advisor in 1998 and built my practice with the guidance of my Development Officer and senior colleagues. Today, through Sivaprakash Wealth, I work independently so clients get direct access, consistent follow-up, and advice across both LIC (life) and general insurance — including health and employee benefits.
Our mission: To help individuals and businesses choose insurance and savings plans that match their goals, affordability, and risk — with honest comparisons and help at servicing and claim time.
- Experience: 28+ years advising on LIC and general insurance products
- Personalized service: Plans tailored to your family stage or corporate requirements
- Trust: Clear explanations; support for maturity and death claims from real field experience
- Compliant distribution: All business conducted through approved insurer procedures
Total Clients Served
Total Policies Sold
Death Claims Settled
Maturity Claims Paid
Figures are approximate totals from our practice records as of May 2026. Individual results vary.
Our Features
Why clients stay with Sivaprakash Wealth
Straightforward LIC and general insurance guidance for Chennai families and businesses — from first quote to claim support.
Longstanding track record
28+ years in the industry with a track record of policy servicing and real claim-handling experience.
About →Goal-based planning
Education, marriage, retirement, or tax efficiency — we map LIC and health options to dated goals and cash flows.
Services →Transparent comparisons
We explain premiums, benefits, and limitations in writing where helpful — so you can compare before you commit.
Services →Responsive support
Reachable by phone or WhatsApp for queries, renewal reminders, and claim documentation assistance.
Contact →LIC since 1956
Investment across Five-Year Plan periods
LIC has long been one of India’s largest institutional investors — putting policyholder funds into government securities, infrastructure, industry, and other long-term assets that support national growth.
The figures below are historical investment totals by plan period (₹ crore), commonly published in LIC materials. This is an independent summary for context — not an official LIC page, and not a quote for any product.
| Plan · period | Investment |
|---|---|
| 2nd · 1956–1961* | ₹184 Cr |
| 3rd · 1961–1966 | ₹285 Cr |
| 4th · 1969–1974 | ₹1,530 Cr |
| 5th · 1974–1979 | ₹2,942 Cr |
| 6th · 1980–1985 | ₹7,140 Cr |
| 7th · 1985–1990 | ₹12,969 Cr |
| 8th · 1992–1997 | ₹56,097 Cr |
| 9th · 1997–2002 | ₹1,70,929 Cr |
| 10th · 2002–2007 | ₹3,94,779 Cr |
| 11th · 2007–2012 | ₹7,04,720 Cr |
| 12th · 2012–2017 | ₹14,23,055 Cr |
| 13th · 2017–2022# | ₹28,01,483 Cr |
| Total 1956–2022 | ₹55,76,113 Cr |
What this means for you: institutional scale supports long-term claim-paying capacity. It does not decide your maturity value, bonus, or which plan fits your family — that still needs a personal review of income, dependents, and goals.
* LIC founded 1 Sep 1956. # 2017–22 follows LIC framing after formal Five-Year Plans ended. Total = sum of rows (₹55,76,113 Cr); some graphics show a higher banner total that does not match. Independent insurance advisor — not the official website of LIC of India or any other insurer.
Ready to talk?
Call, WhatsApp, book a free policy review, or send the contact form — we respond on business days.
Where we serve
Our office is in Chennai. Most meetings are in person across the city; we also meet clients in nearby districts. If you are elsewhere in India, we can plan and service policies by phone, video, and secure document sharing.
Primary — in person
Chennai city — office visits, home or workplace meetings, and claim support across neighbourhoods (e.g. Adyar, Mylapore, T. Nagar, Anna Nagar, and surrounding areas).
Nearby districts — in person
Thiruvallur, Kanchipuram, and Chengalpattu — consultations and servicing by appointment.
Across India — virtual
Phone, WhatsApp, and video calls for planning, renewals, and claim guidance. Documentation is coordinated digitally; some insurer steps may still need your local branch or KYC centre.
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Disclaimer: Sivaprakash Wealth is an independent financial and insurance consultancy run by IRDAI-licensed insurance advisors. We provide advisory services for products from the Life Insurance Corporation of India (LIC) and other general insurance providers. This website is a personal agent platform and is not affiliated with, endorsed by, or the official portal of LIC of India.