LIC Policy

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LIC Jeevan Anand

This is a popular whole-life insurance plan that offers both death and maturity benefits. It provides financial security to the insured and their family. There are various benefits of LIC Jeevan Anand Policy: Dual Benefits: LIC Jeevan Anand provides both a death benefit and a maturity benefit. In the event of the insured person’s demise … Continue reading LIC Jeevan Anand

LIC New Endowment Plan

It is a traditional endowment policy that offers both savings and protection. It provides a lump sum amount on maturity and a death benefit to the nominee in case of the insured’s demise. There are various benefits of LIC New Endowment Plan Policy: Death Benefit: In the unfortunate event of the policyholder’s demise during the … Continue reading LIC New Endowment Plan

LIC Jeevan Labh

This is a limited premium paying endowment plan with both savings and protection features. It provides guaranteed maturity and death benefits. Benefits of LIC Jeevan Labh Plan Policy Death Benefit: In the unfortunate event of the policyholder’s demise during the policy term, the plan provides a death benefit to the nominee. This benefit typically includes … Continue reading LIC Jeevan Labh

LIC Jeevan Umang

This is a non-linked, whole life insurance plan that offers regular payouts even after the premium-paying term ends. It provides financial security throughout one’s lifetime. Benefits of LIC Jeevan Umang Plan Policy Lifetime Coverage: Jeevan Umang offers coverage for the entire lifetime of the insured, as long as the premiums are paid. This provides lifelong … Continue reading LIC Jeevan Umang

LIC Single Premium Endowment Plan

This is a single premium policy that offers a lump sum payout on maturity or death. It is suitable for those who prefer to pay the premium in a single installment. Benefits of LIC Single Premium Endowment Plan Single Premium Payment: This plan requires a one-time lump-sum premium payment at the beginning of the policy … Continue reading LIC Single Premium Endowment Plan

LIC Jeevan Shanti

This is a deferred annuity plan that provides regular income after a chosen deferment period. It is designed for retirement planning. Benefits of LIC Jeevan Shanti Guaranteed Income: Jeevan Shanti offers policyholders a choice between immediate annuity and deferred annuity options. With the deferred annuity option, policyholders receive guaranteed periodic payouts, either annually, semi-annually, quarterly, … Continue reading LIC Jeevan Shanti

LIC Saral Jeevan Bima

This is a standard term insurance plan that offers straightforward coverage at an affordable premium. It is designed to provide financial protection to the insured’s family in case of the insured’s demise. Benefits of LIC Saral Jeevan Bima Affordable Coverage: Saral Jeevan Bima is designed to be an affordable insurance option, making it accessible to … Continue reading LIC Saral Jeevan Bima

LIC Child Education Plan

LIC offers various child insurance plans, such as LIC New Children’s Money Back Plan and LIC Jeevan Tarun, which are designed to secure a child’s future education and financial needs. Benefits of LIC Child Education Plan Financial Security: LIC child education plans provide financial security to parents by ensuring that funds are available for their … Continue reading LIC Child Education Plan

LIC Health Insurance Plans

LIC also offers health insurance policies like LIC Jeevan Arogya, which provide coverage for medical expenses and hospitalization. Benefits of LIC Health Insurance Plans Hospitalization Coverage: LIC health insurance plans generally provide coverage for hospitalization expenses, including room charges, nursing, doctor’s fees, surgical procedures, and other medically necessary expenses. Pre and Post-Hospitalization Expenses: Many LIC … Continue reading LIC Health Insurance Plans

LIC Micro Insurance Plans

LIC offers microinsurance plans designed to provide affordable coverage to individuals in rural and low-income segments. Benefits of LIC Micro Insurance Plans Affordability: LIC micro-insurance plans are designed to be affordable, with low premium rates that make it accessible to individuals with modest incomes. Life Insurance Coverage: These plans primarily offer life insurance coverage, providing … Continue reading LIC Micro Insurance Plans