Free Policy Health Check

Independent policy health check

Many families in Chennai hold multiple LIC, health, and term policies bought over years — sometimes with overlapping cover or lapsed premiums. Sivaprakash Wealth offers a structured, no-obligation policy health check: we map what you have, flag gaps, and suggest practical next steps. Illustrations and tax notes are educational only; we do not promise savings amounts or guaranteed returns.

Independent insurance advisor — not the official website of LIC of India or any other insurer.

What we review

  • LIC life policies

    Sum assured, premium paying term, paid-up or lapsed status, maturity dates, and whether participating plans still fit your goals.

  • Health & accident cover

    Floater vs individual structure, sum insured vs medical inflation, renewal continuity, and network hospital relevance in Chennai.

  • Term & pure protection

    Cover amount vs income, policy term, and whether standalone term is adequate alongside savings plans.

  • Tax regime fit (old vs new)

    High-level view of 80C/80D use under the old regime — not tax filing advice; consult your CA for returns.

Who benefits from a review

  • Salaried professionals with several LIC policies and unsure which to continue
  • Parents comparing child plans vs term cover for the earning member
  • Pre-retirees approaching maturity or pension decisions
  • Business owners with group health plus personal floater overlap
  • Anyone who bought online elsewhere and wants a local advisor for servicing

How the review works

  1. Step 1

    Book a slot

    Call, WhatsApp, or use the contact form — mention 'policy health check'. We respond on business days.

  2. Step 2

    Share documents

    Policy copies or LIC login summary help; we can start with a verbal list if papers are at home.

  3. Step 3

    Review meeting

    In person in Chennai, nearby districts by appointment, or video for clients elsewhere in India.

  4. Step 4

    Written summary

    Simple action list: continue, revive, increase cover, or stop paying — you decide; no pressure to buy new policies.

Bring these details (if available)

  • Policy numbers and insurer names for each life, health, and motor policy
  • Last premium paid date and mode (online, auto-debit, branch)
  • Nominee names and whether they still match your wishes
  • Approximate annual premium outflow across all policies
  • Any open claim, maturity, or surrender you are considering

Common questions

Yes, for individuals and families exploring advisory with us. Complex corporate portfolios may need a separate discussion.

Book a free consultation in Chennai

Call, WhatsApp, or send a message — we respond during business hours (Mon–Sat, 8am–6pm).

Insurance is the subject matter of solicitation. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.

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.