# My LIC vs Paterson

The clearest difference is update cadence: Paterson at every 9 days against My LIC's every 3 weeks. Paterson also leads on iOS requirement (15.6 vs 17). On price, ads, in-app purchases and device support there is nothing between them.

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

My LIC ships an update every 3 weeks, Paterson every 9 days. The most recent releases landed on November 8, 2026 and October 31, 2026 respectively.

## The numbers

| Metric | My LIC | Paterson |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[4.7 (190 ratings)](https://appshunter.io/ios/app/my-lic/id6740513802/reviews)** | — |
| Number of ratings | **190** | — |
| Positive reviews | 20.4% of reviews | — |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | Every 3 weeks | **Every 9 days** |
| Monetization | Free | — |
| Size | 40 MB | 121 MB |
| Requires iOS | 17 | **15.6** |
| Devices | iPhone, iPad | **iPhone, iPad, iPod** |
| Age rating | 4+ | 4+ |
| Developer | [Life Insurance Corporation of India](https://appshunter.io/developer/1265071093) | [Paterson Securities Pvt. Ltd](https://appshunter.io/developer/6805744051) |

## What reviewers say

### My LIC

[App page](https://appshunter.io/ios/app/my-lic/id6740513802)

Manage your insurance policies and update personal details with this official app. It offers a convenient way to handle policy services and premium payments, acting as a central hub for policyholders.

**Highlights:** Manage insurance policies, Update personal details, Pay premiums, One-stop solution for policy services, Official app from LIC of India

**In-app purchases:** none


### Paterson

[App page](https://appshunter.io/ios/app/paterson/id6805744049)

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases:** none


## Frequently asked questions

### Is My LIC free?

My LIC is free to download, with no in-app purchases.

### Is Paterson free?

Paterson is free to download, with no in-app purchases.

### Do My LIC or Paterson have ads?

Neither My LIC nor Paterson shows ads.

### Which is updated more often, My LIC or Paterson?

My LIC ships an update every 3 weeks, and Paterson every 9 days. Most recently, My LIC was updated on November 8, 2026 and Paterson on October 31, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*