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LIC Plan: Life Insurance Corporation of India (LIC) offers many life insurance. By investing a little in these insurance plans, a good amount can be invested for a long time.
Life Insurance Corporation of India (LIC) offers many life insurance. By investing a little in these insurance plans, a good amount can be invested for a long time. At the same time, when the tenure of the insurance is completed, then better returns can also be obtained from LIC policy. On the other hand, if the insured dies before the completion of the tenure, then in this situation his family members get a fixed amount. In such a situation, out of these four insurance plans of LIC, you can choose the best plan for yourself.
- LIC’s New Endowment Plan
LIC’s New Endowment Plan- This plan can be started at the age of 8 to 55 years. It is necessary to have a minimum sum assured of Rs 1 lakh in this. Also, the policy term can be chosen between 12 to 35 years. - LIC’s New Jeevan Anand
LIC’s New Jeevan Anand- This LIC plan can be started at the age of 18 to 50 years. The minimum sum assured in this plan is Rs 1 lakh. Apart from this, the policy term should be 15 to 35 years in this. - LIC’s Jeevan Lakshya
LIC’s Jeevan Lakshya- This plan can be started at the age of 18 to 50 years. The minimum sum assured in this plan is Rs 1 lakh. Apart from this, the policy term in this should be 13 to 25 years. In this premium has to be paid up to 3 years before the date of maturity. - LIC’s Jeevan Labh
LIC’s Jeevan Labh- This plan can be started at the age of 8 to 59 years. The minimum sum assured in this plan is Rs 2 lakh. Apart from this, one has to choose the policy term of 16 years, 21 years and 25 years. If 16 years term is chosen then 10 years premium will have to be paid. If 21 years term is chosen then 15 years premium will have to be paid. On the other hand, if a term of 25 years is chosen, then the premium will have to be paid for 16 years.
