I got a policy with life insurance corporation of india.i hold this policy before 3 years. This policy has the tenure of 10 to 15 years. I pay 12000 per annual. I pay the premium through cheque. The Lic agents are come and collect the premium amount on assigned date and time. They will give a reminder call to before the payment date, which is very helpful. I will be getting around 1 lakh when the policy turns to maturity stage.