Life Insurance Corporation (LIC) is a state-owned coverage organization based in 1956. The intention of the organization is to bolster the lifestyles coverage section of the humans of India. It caters to diverse wishes of the purchaser and gives merchandise starting from coverage and unit plans to micro insurance plans.
Let’s know Top 5 LIC Insurance Plans and how it can help you to ensure your life.
LIC Jeevan Anand Policy: Everyone wants to secure his or her life after retirement in a relaxed manner. A retirement plan is a must for every person who wants to comfortably spend their life in their old age. Old age already invites many problems including physical to mental, but at least a proper retirement plan can keep you away from the financial stress and tension. Here you can deposit Rs 80 per day and can get a pension of Rs. 28,000. The minimum age to invest in this scheme should be 28 years. This policy offers you a return after a period of 25 years.
LIC jeevan lakshya policy: It is the dream of each determine to offer proper schooling to their daughter after which marry her with exquisite pomp and show. But, it’s now no longer viable for everybody to meet this dream because it calls for years of savings. And in case you are also concerned approximately your daughter’s shiny destiny, then prevent worrying, due to the fact these days we’re going to deliver data approximately a unique coverage of LIC. It is LIC Kanyadan Policy. As the call suggests, this coverage is especially for the wedding of daughters. You simply want to visit the closest LIC Office or LIC Agent and inform them which you need to spend money on LIC Kanyadan Policy. After getting all of the know-how approximately phrases and conditions, you may spend money on LIC Kanyadan Policy
LIC’s New Children Money Back Plan: Everyone desires a secure and steady destiny for his or her children. Hence, LIC additionally has one such scheme that’s designed preserving in thoughts the desires and destiny of children. Let’s recognise approximately this LIC coverage in detail. The minimal age for availing of this coverage is zero years. The most age of taking coverage is 12 years. Minimum Sum Assured Rs 1, 00,000. No restriction at the most sum insured. The policyholder gets 20 percentage of the sum confident on the age of 18, 20, a 22 years.
LIC Bima Jyoti: LIC Bima Jyoti (Plan No.860) is an Individual, Limited Premium Payment, Non-linked, Non-taking part Life Insurance Savings Plan. Throughout the coverage term, Guaranteed Additions will accrue on the fee of Rs.50 according to thousand Basic Sum Assured on the give up of every coverage year. This plan is to be had at a reduced fee thru on-line or agents. Accidental Death and Disability Rider Benefit, Accident Benefit Rider, New Critical Illness Benefit Rider, are a number of the rider options.
LIC’s Micro Bachat: LIC’s Micro Bachat is a normal premium, non-linked, taking part endowment plan that gives a aggregate of safety and savings. The new plan is especially focused at low-profits institution people in addition to families. For instance, to reap a cowl of Rs 1 lakh, a 35-year-vintage will ought to make investments Rs 5,220 / annum.A hale and hearty man or woman withinside the age institution of 18 to fifty five can get this coverage with out going thru any scientific examination. The minimum & most sum confident beneathneath the Micro Bachat coverage is among Rs 50,000 – Rs 2 lakh. The duration of the coverage is 10 to fifteen years.
Sarwar Ansari from Life Insurance Agents in the South east Delhi.