Title: Top 5 Plans of LIC India
1Top 5 Plans of LIC India
Life Insurance Corporation of India is a
prominent name in Indias insurance industry. LIC
offers a wide variety of insurance solutions. Let
us discuss some of the best plans offered by the
company.
2LIC New Jeevan Anand
- LIC New Jeevan Anand is a non-linked
participating endowment plan that offers the dual
benefits of savings and protection. It not only
promises to pay out the death benefit but also
guarantees the lump sum payout of the maturity
benefit along with additional bonuses as well.
3LIC Jeevan Saral
LIC Jeevan Saral Plan is a special type of
endowment policy. On the death of the
policyholder, the nominee receives the sum
assured as well as the guaranteed return of
premiums. Besides, the maturity benefit is also
payable if the policyholder survives till the end
of the policy.
4LIC Jeevan Lakhya
- LIC Jeevan Lakshya is a participating non-linked
life insurance plan. The plan provides the annual
income benefit as well. The plan offers life
coverage till the age of 65 years. You can
additionally buy Accidental Death Disability
Benefit rider and Term Assurance rider for an
enhanced protection.
5LIC New Endowment Plan
- LIC Endowment Plan is a non-linked endowment plan
that offers guaranteed returns and bonus. As per
the eligibility criteria of the plan, the entry
age permitted is from 8 years to 55 years.
Maximum maturity age is 75 years. Premium rebate
is available on the choice of larger sum assured.
6LIC New Bima Bachat Plan
LIC Bima Bachat Plan is a single premium money
back plan. Throughout the policy tenure, you will
receive 15 of the sum assured at the end of
every 3 years. The balance amount will be paid
out as the maturity benefit at the end of the
policy term. In case of the policyholders death,
the death benefit will be paid out as well.
7These five plans take care of the various needs
of the policyholder. So, if you want to buy a
life insurance plan from a reliable insurance
provider with a high claim settlement ratio,
these five LIC policies will be the best bet for
you.
Thank You