Terms of Service

LIC2.in | Subramani Pandi Financial Services

Last Updated: June 1, 2026 | Version: 1.0

Important Disclaimer: LIC2.in is an authorized LIC agent portal operated by Subramani Pandi (FChFP Certified, UDYAM-TN-08-0011813). We are NOT the official LIC of India website. All policies are issued by Life Insurance Corporation of India. This website facilitates policy services only.

1. Acceptance of Terms

By accessing, browsing, or using https://lic2.in ("Website"), you acknowledge that you have read, understood, and agree to be bound by these Terms of Service ("Terms"). If you do not agree, please do not use this Website.

These Terms constitute a legally binding agreement between you ("User," "Client," or "You") and Subramani Pandi Financial Services ("we," "us," or "our").

2. Definitions

"LIC2.in" refers to the website operated by Subramani Pandi
"Services" refers to LIC policy consultation, application assistance, premium payment facilitation, claims support, and related financial advisory services
"User" refers to any individual or entity accessing the Website
"Policy" refers to insurance products issued by Life Insurance Corporation of India
"Third-Party Services" refers to payment gateways, LIC official portals, and other external services linked through our Website

3. Eligibility

To use our Services, you must:

Be at least 18 years of age
Be a resident of India or have valid Indian documentation
Have the legal capacity to enter into binding contracts
Provide accurate, complete, and truthful information

We reserve the right to refuse service to anyone for any reason at any time.

4. Services Provided

4.1 Insurance Consultation

We provide guidance on LIC insurance products including:

Life insurance plans (Term, Endowment, Whole Life, Money Back)
Pension and retirement plans
Child future plans (Education, Marriage)
Health and accident riders

4.2 Policy Services

New policy application assistance
Premium payment facilitation (through authorized payment gateways)
Policy status tracking and updates
Claims filing assistance and follow-up
Policy revival for lapsed policies
Nomination and assignment changes

4.3 Financial Planning

Retirement corpus calculation
Education fund planning
Tax-saving investment strategies under Section 80C
Portfolio review and recommendations

5. User Responsibilities

As a User, you agree to:

Provide accurate and truthful personal and financial information
Maintain the confidentiality of your account credentials
Notify us immediately of unauthorized access or security breaches
Use the Website only for lawful purposes
Not attempt to hack, disrupt, or damage the Website or its services
Not impersonate any person or entity

6. Fees & Payments

6.1 Service Charges

Our consultation services are FREE. We earn commissions directly from LIC of India as per IRDAI regulations. No additional charges are levied on policy premiums.

6.2 Premium Payments

All premium payments are processed through secure, IRDAI-authorized payment gateways
We do NOT store your credit card, debit card, or net banking credentials
Payment confirmation receipts are provided within 24 hours
Failed transactions are notified immediately with resolution steps

6.3 Refund Policy

LIC policy premiums follow LIC of India's Free Look Period (15-30 days). Service-related disputes are resolved within 7 business days. Contact support@lic2.in for assistance.

7. Intellectual Property

All content on this Website, including text, graphics, logos, images, and software, is the property of Subramani Pandi Financial Services or its licensors and is protected by Indian and international copyright laws.

You may NOT:

Reproduce, distribute, or modify any content without written permission
Use our trademarks (LIC2, LIC Premium Point) without authorization
Scrape, copy, or mirror the Website content

8. Limitation of Liability

Important: While we strive for accuracy, we are NOT responsible for:

Decisions made based on website information without personal consultation
Technical failures of third-party payment gateways or LIC systems
Losses due to incorrect information provided by the User
Force majeure events (natural disasters, government actions, internet outages)

Our maximum liability is limited to the amount paid for specific services rendered, excluding policy premiums which are governed by LIC terms.

9. Indemnification

You agree to indemnify and hold harmless Subramani Pandi Financial Services, its officers, employees, and agents from any claims, damages, or expenses arising from:

Your violation of these Terms
Your misuse of the Website or Services
Any third-party claim resulting from your actions

10. Termination

We may terminate or suspend your access immediately, without prior notice, for:

Violation of these Terms
Fraudulent or illegal activities
Non-payment of legitimate charges
Harassment or abuse of our staff

Upon termination, all provisions that should survive (liability, indemnification, intellectual property) shall remain in effect.

11. Governing Law & Jurisdiction

These Terms are governed by the laws of India. Any disputes shall be subject to the exclusive jurisdiction of the courts in Chennai, Tamil Nadu.

Before legal action, both parties agree to attempt resolution through good-faith negotiation for 30 days.

12. Changes to Terms

We may modify these Terms at any time. Changes will be effective immediately upon posting. Continued use of the Website after changes constitutes acceptance.

13. Contact Information

Subramani Pandi - FChFP Certified Financial Planner
LIC2.in | LIC Premium Point
MSME Registered: UDYAM-TN-08-0011813

📧 Email: legal@lic2.in | support@lic2.in
📞 Phone: +91 98409 91923
🏢 Address: Chennai, Tamil Nadu, India

14. Entire Agreement

These Terms, together with our Privacy Policy, constitute the entire agreement between you and LIC2.in regarding your use of the Website.