About Life Insurance Corporation of India (LIC of India)
Life Insurance is the best way to enhance your investment portfolio and ensure the financial security of your loved ones against any uncertainties of life. When it comes to the protection of self and family, LIC of India is a trusted partner. Established in 1956, the Life Insurance Corporation of India (LIC) is the largest insurance provider offering extensive insurance products tailored to meet the diversified needs of individuals. LIC of India has expanded its network to 2048 computerized branch offices and 1572 satellite offices equipped with well-qualified human resources to assist customers.
What are LIC Insurance Policies?
LIC is one of the trusted life insurance companies, with over 25 crores of clients secured under its wide range of life insurance products. LIC insurance policies are contracts between Life Assured and LIC of India. The LIC of India promises to pay predetermined benefits in the form of death benefit, survival benefit, or maturity benefits, depending on the type of life insurance policy selected from the LIC plan list.
In return for the coverage, the life assured pays regular premiums to the insurer for a set of policy years. With LIC policy best plan, the life assured can easily achieve long-term objectives and financial security for his family in his absence.
Benefits of Buying LIC Life Insurance Policy
Life Corporation of India provides customers with the most affordable and comprehensive plans regardless of their profession. Besides the diversified LIC product option, mentioned are some of the benefits that one can avail of buying a LIC plan.
Sense of Security
LIC of India is backed by the government and guarantees to pay the returns in times of urgent need. When you buy a life insurance plan from LIC of India, you can ensure a sense of security for your family in your absence.
Hassle-free Claim Settlement
LIC of India has recorded 98.60% of the death claims and 92.60% of maturity claims settled in the LIC annual report 2022-23 released. LIC focuses on settling the claims on time without any hassle.
Assured Coverage at Low Cost
LIC of India keeps updating its product portfolio as per the changing needs of individuals. The cost of the LIC plans is another reason why they fit the diversified customer base, providing them with assured life coverage at a low cost.
Tax Benefits
LIC of India offers tax benefits under Section 80C, Section 80CCC, Section 80D, Section 80DD, and Section 10 (10D) of the Income Tax Act, 1961. Hence, investing in LIC policies can help you gain yearly tax benefits.
Updated Processes
LIC of India has updated its traditional processes to go digitally enabled, enhancing the customer experience and simplifying LIC policy management. LIC of India has launched a LIC e-services portal for LIC customers to help them track LIC policy, LIC premium payment, LIC premium calculation, etc., without visiting the LIC branch in person.
Types of LIC Policies
LIC of India offers life insurance plans in different categories to fulfil the financial expectations of individuals. Below are the types of LIC life insurance plans offered:
| LIC Plan Category | Key Benefits |
|---|---|
| LIC Endowment Plan |
|
| LIC Term Assurance Plan |
|
| LIC Whole Life Plan |
|
| LIC Money Back Plan |
|
| LIC Pension Plan |
|
| LIC Unit Linked Plan |
|
| LIC Micro Insurance Plan |
|
| LIC Health Plan |
|
| LIC Child Plan |
|
Complete LIC Plan List
Insurance seekers look for extended insurance benefits at an affordable premium cost. To cover individual needs, the LIC of India offers its customers a wide range of insurance and investment products. Let’s look at the LIC plans list with their individual benefits:
| LIC Category | Name Of LIC Plan | LIC Plan Code | LIC Plan Entry Age | LIC Plan Sum Assured |
|---|---|---|---|---|
| LIC Endowment Plan | LIC Bima Jyoti | LIC Plan 860 | 90 days to 60 years | Rs. 1 Lakh - No Limit |
| LIC Bima Ratna | LIC Plan 864 | 90 days to 65 years | Rs. 5 Lakh - No Limit | |
| LIC Dhan Sanchay | LIC Plan 865 | 3 years to 65 years | Rs. 2.5 Lakh - No Limit | |
| LIC Jeevan Azad | LIC Plan 868 | 90 days to 65 years | Rs. 1 Lakh - Rs. 5 Lakh | |
| LIC Dhan Vriddhi | LIC Plan 869 | 90 days to 60 years | Rs. 1.25 Lakh - No Limit | |
| LIC New Endowment | LIC Plan 914 | 8 years to 55 years | Rs. 1 Lakh - No Limit | |
| LIC New Jeevan Anand | LIC Plan 915 | 18 years to 50 years | Rs. 1 Lakh - No Limit | |
| LIC Single Premium Endowment Plan | LIC Plan 917 | 90 days to 65 years | Rs. 50,000 - No Limit | |
| LIC Jeevan Lakshya | LIC Plan 933 | 18 years to 50 years | Rs. 1 Lakh - No Limit | |
| LIC Jeevan Labh | LIC Plan 936 | 8 years to 59 years | Rs. 2 Lakh - No Limit | |
| LIC Aadhar Stambh | LIC Plan 943 | 18 years to 70 years | Rs. 1 Lakh - Rs. 5 Lakh | |
| LIC Aadhar Shila | LIC Plan 944 | 8 years to 55 years | Rs. 2 Lakh - Rs. 5 Lakh |
LIC Bima Jyoti
LIC Bima Jyoti is a non-participating, non-linked, individual life assurance saving plan offering saving and protection benefits. It provides great financial support and guaranteed returns, ensuring a worry-free future. With attractive features, it's designed to meet the long-term savings and protection needs of individuals.
Key Highlights of LIC Bima Jyoti Plan
- Death benefit of upto 125% of Basic Sum Assured
- Maturity benefits with guaranteed additions
- Enhance coverage with suitable riders
LIC Bima Ratna
LIC Bima Ratna is an exclusive plan by the Life Insurance Corporation of India (LIC) that offers a unique blend of protection and savings. The plan provides comprehensive life coverage along with loyalty additions, ensuring financial stability. With flexible premium payment options, it caters to diverse financial goals, making it an ideal choice for individuals.
Key Highlights of LIC Bima Ratna Plan
- Survival benefits after definite years
- Maturity benefit of equal to 50% of Basic Sum Assured
- Guaranteed additions
LIC Dhan Sanchay
LIC Dhan Sanchay is a non-linked, non-participating, individual savings plan offered by Life Insurance Corporation of India (LIC). It combines guaranteed returns with life coverage, providing financial security. It can be a guaranteed income stream after maturity with flexible premium payment terms and multiple policy tenures.
Key Highlights of LIC Dhan Sanchay Plan
- Level and increasing income benefit
- Guaranteed income benefit
- Receive death benfit in instalments
LIC Jeevan Azad
LIC Jeevan Azad is a limited premium-paying endowment plan with the benefit of protection and savings. The plan provides great financial support to the family in case of death of the life assured. The plan is available for online and offline purchases.
Key Highlights of LIC Jeevan Azad Plan
- Death benefit and maturity benefits
- Option to receive the maturity benefit in instalments
- Policy revival within 5 consecutive years
LIC Dhan Vriddhi
LIC Dhan Vriddhi is a single premium life insurance plan offering the dual benefit of protection and savings. The plan offers guaranteed returns and life coverage, providing a secure financial future. A one-time premium payment is a simple and effective way to build wealth while ensuring protection.
Key Highlights of LIC Dhan Vriddhi Plan
- Option to choose policy term and death coverage
- Guaranteed additions after completing the maturity period
- Enhance the benefit with riders
LIC New Endowment Plan
LIC New Endowment Plan is non-linked, participating, life insurance plan offering financial protection to the family in case of death of the policyholder and a guaranteed sum assured after maturity. The plan is also eligible to receive simple reversionary bonuses and guaranteed additions.
Key Highlights of LIC New Endowment Plan
- Participation in profits
- Flexible premium payment
- Receive death benefit in instalments
LIC New Jeevan Anand
LIC New Jeevan Anand provides financial protection to the family in case of death of the policyholder. This comprehensive plan ensures financial security for the insured and provides a lump sum amount at maturity or on unfortunate events.
Key Highlights of LIC New Jeevan Anand Plan
- Death benefit of 125% of Basic Sum Assured
- Participation in profits
- Loan availability
LIC Single Premium Endowment Plan
LIC Single Premium Endowment Plan is a great way to secure protection and savings benefit under one life insurance policy. It offers a one-time premium payment option and combines life cover with savings. The plan also helps the individual to save on taxes.
Key Highlights of LIC Single Premium Endowment Plan
- Single premium payment
- Maturity benefit with guaranteed additions
- Enhance base policy coverage with riders
LIC Jeevan Lakshya Plan
LIC Jeevan Lakshya provides annual income benefits that may be helpful to fund different expenses, including family needs or child education needs. The plan is a good combination of protection and savings.
Key Highlights of LIC Jeevan Lakshya
- Participation in profits
- Settlement option for maturity benefits
- Flexible premium payment
LIC Jeevan Labh Plan
LIC Jeevan Labh plan provides financial support to the policyholder in case of the death of the assured during the policy term. Additionally, the plan offers the maturity benefit if the policyholder survives the term. The final additional bonus is declared at the time of death or maturity claim.
Key Highlights of LIC Jeevan Labh Plan
- Death and maturity benefit with participation in profits
- Limited premium payment
- Long-term investment benefit
LIC Aadhar Stambh Plan
LIC Aadhar Stambh is specifically designed for the lives of the male to offer them the dual benefit of protection and savings. The plan ensures that the liquidity needs are fulfilled through Auto Cover and loan availability.
Key Highlights of LIC Aadhar Stambh Plan
- Death benefit with loyalty additions
- Settlement option to receive maturity benefit
- Flexible premium payments
LIC Aadhaar Shila Plan
LIC Aadhaar Shila is an individual saving life insurance plan specially designed for female lives, offering them the dual benefit of protection and savings. The plan can be availed by providing the Aadhaar number, and it provides benefits like a lump sum on maturity and financial protection.
Key Highlights of LIC Aadhaar Shila Plan
- Sum assured on death with loyalty additions
- Settlement option for maturity benefit Settlement option for maturity benefit
- Rebate on high basic sum assured
| LIC Category | Name Of LIC Plan | LIC Plan Code | LIC Plan Entry Age | LIC Plan Sum Assured |
|---|---|---|---|---|
| LIC Term Assurance Plan | LIC Saral Jeevan Bima | LIC Plan No. 859 | 18 years - 65 years | Rs. 5 Lakhs - 25 Lakhs |
| LIC Jeevan Kiran | LIC Plan No. 870 | 18 years - 65 years | Rs. 15 Lakhs - No Limit | |
| LIC New Tech Term | LIC Plan No. 954 | 18 years - 65 years | Rs. 50 Lakhs - No Limit | |
| LIC New Jeevan Amar | LIC Plan No. 955 | 18 years - 65 years | Rs. 25 Lakhs - No Limit |
LIC Saral Jeevan Bima Plan
LIC Saral Jeevan Bima is a pure-risk life insurance plan that provides financial security to the family in case of uncertain demise of the life assured, ensuring peace of mind. The policy also covers the risk of death due to an accident.
Key Highlights of LIC Saral Jeevan Bima Plan
- Flexible premium payment
- Revival of lapsed policy
- Policy cancellation value
LIC Jeevan Kiran Plan
LIC Jeevan Kiran is a non-linked, non-participating, pure-term insurance plan offers the dual benefit of protection and savings and is best suited for working individuals. The plan offers guaranteed benefits on death or maturity claims.
Key Highlights of LIC Jeevan Kiran Plan
- High life cover at affordable cost
- Tax benefits
- Death benefits in instalments
LIC New Tech Term Plan
LIC New Tech Term plan is the pure risk premium plan providing financial security to the family in case of any eventuality with life assured. The policyholder can choose from two benefit options: level sum assured and increasing sum assured.
Key Highlights of LIC New Tech Term Plan
- Premium rates for smokers and non-smokers
- High-sum assured rebates
- Flexible premium payment
LIC New Jeevan Amar Plan
LIC New Jeevan Amar is the pure risk premium life insurance plan. The plan offers comprehensive protection with flexible options. This plan ensures financial security for the insured's family by providing a lump sum in case of the policyholder's unfortunate demise.
Key Highlights of LIC New Jeevan Amar Plan
- Special rates for women
- Level and increasing sum assured
- High sum assured rebates
| LIC Category | Name Of LIC Plan | LIC Plan Code | LIC Plan Entry Age | LIC Plan Sum Assured |
|---|---|---|---|---|
| LIC Whole Life Plan | LIC Jeevan Utsav Plan | Plan No. 871 | 90 days - 65 years | Rs. 5 Lakhs - No Limit |
| LIC Jeevan Umang Plan | Plan No. 945 | 90 days - 55 years | Rs. 2 Lakhs - No Limit |
LIC Jeevan Utsav Plan
LIC Jeevan Utsav is an individual savings plan that provides life-long risk coverage to the life assured. Additionally, the survival benefit offered can become a source of income for the life assured.
Key Highlights of LIC Jeevan Utsav Plan
- Limited premium payment
- Regular and flexi income benefits
- Guaranteed additions
LIC Jeevan Umang Plan
With LIC Jeevan Umang plan, the policyholder gets life coverage till 100 years of age. The plan also offers guaranteed annual survival benefits after the completion of the premium paying term till maturity.
Key Highlights of LIC Jeevan Umang Plan
- 100% tax-free maturity
- Guaranteed income benefit
- Availability of loans
| LIC Category | Name Of LIC Plan | LIC Plan Code | LIC Plan Entry Age | LIC Plan Sum Assured |
|---|---|---|---|---|
| LIC Money Back Plan | LIC Dhan Rekha Plan | Plan No. 863 | 90 days - 60 years | Rs. 2 Lakhs - No Limit |
| LIC New Bima Bachat Plan | Plan No. 916 | 15 years - 66 years | Rs. 35,000 - No Limit | |
| LIC New Money Back Plan - 20 Years | Plan No. 920 | 13 years - 50 years | Rs. 1 Lakh - No Limit | |
| LIC New Money Back Plan - 25 Years | Plan No. 921 | 13 years - 45 years | Rs. 1 Lakh - No Limit | |
| LIC Jeevan Umang | Plan No. 945 | 90 days - 55 years | Rs. 2 Lakhs - No Limit | |
| LIC New Children’s Money Back Plan | Plan No. 932 | 0 years - 12 years | Rs. 1 Lakh - No Limit | |
| LIC Jeevan Tarun Plan | Plan No. 934 | 90 days - 12 years | Rs. 75,000 - No Limit | |
| LIC Jeevan Shiromani Plan | Plan No. 947 | 18 years - 55 years | Rs. 1 Crore - No Limit | |
| LIC Bima Shree Plan | Plan No. 948 | 8 years - 55 years | Rs. 10 Lakh - No Limit |
LIC Dhan Rekha Plan
LIC Dhan Rekha is a non-linked, individual, savings, life insurance plan with the benefits of protection and savings. The plan offers assured death and maturity benefits with guaranteed additions.
Key Highlights of LIC Dhan Rekha Plan
- Guaranteed additions
- Full payment on maturity
- Online and offline purchase
LIC New Bima Bachat Plan
LIC New Bima Bachat plan is a participating non-linked saving cum protection plan. The plan provides financial protection against death of the policyholder during the policy term. Additionally, the survival benefits are offered after specified durations.
Key Highlights of LIC New Bima Bachat Plan
- Sum assured with loyalty additions
- Single premium payment
- Loan availabilitye
LIC New Money Back Plan - 20 Years
LIC New Money Back Plan - 20 Years is a limited premium paying life assurance policy with a combination of life protection and assured survival benefits in the predetermined durations.
Key Highlights of LIC New Money Back Plan - 20 Years
- Participation in profits
- Settlement option for maturity benefits
- Policy Loan
LIC New Money Back Plan - 25 Years
LIC New Money Back Plan - 25 Years is a non-linked participating, individual, life assurance plan with the dual benefit of life cover and survival benefit. The plan also helps you meet your liquidity needs through its loan facility.
Key Highlights of LIC New Money Back Plan - 25 Years
- Death and maturity benefits with guaranteed additions
- Enhance benefits with riders
- High sum assured rebates
LIC Jeevan Umang Plan
LIC Jeevan Umang is a non-linked, participating, individual, whole-life assurance plan that is providing the life coverage upto 100 years. The plan offers survival and maturity benefits so the policyholder can enjoy their savings corpus.
Key Highlights of LIC Jeevan Umang Plan
- 100% tax-free maturity
- Yearly survival benefits 8% of Basic Sum Assured
- Participation in profits
LIC New Children’s Money Back Plan
LIC New Children’s Money Back Plan is a life assurance money back plan to meet the needs of children’s life milestone through the survival benefits received. The policy offers a death benefit, survival benefits, and maturity benefits.
Key Highlights of LIC New Children’s Money Back Plan
- Participation in profits
- Receive death benefit in instalments
- Settlement option for maturity benefits
LIC Jeevan Tarun Plan
LIC Jeevan Tarun is specially designed for children to offer them a hefty life cover and savings benefits. The survival benefit provides the financial backup to plan the child's quality education.
Key Highlights of LIC Jeevan Tarun Plan
- Death benefit
- Maturity benefit
- Survival benefit
LIC Jeevan Shiromani Plan
LIC Jeevan Shiromani is specially designed for high net worth individuals. The plan provides life cover to help the family in case of uncertain demise of the life assured and offers survival benefits at a specified period of time.
Key Highlights of LIC Jeevan Shiromani Plan
- Guaranteed additions
- Participation in profits
- Inbuilt critical illness benefit
LIC Bima Shree Plan
LIC Jeevan Shiromani is beneficial for individuals with high net worth to gain protection and savings benefits. It offers financial protection, guaranteed survival benefits, and loyalty additions. This plan ensures comprehensive coverage and long-term savings, providing a secure financial future.
Key Highlights of LIC Bima Shree Plan
- Participation in profits
- Guaranteed additions
- Option to defer the survival benefit
| LIC Category | Name Of LIC Plan | LIC Plan Code | LIC Plan Entry Age | Minimum Purchase Price |
|---|---|---|---|---|
| LIC Pension Plan | LIC Jeevan Akshay - VII | Plan No. 857 | 25 years - 85 years | Rs. 1 Lakh |
| LIC New Jeevan Shanti | Plan No. 858 | 30 years - 79 years | Rs. 1.5 Lakh | |
| LIC Saral Pension Plan | Plan No. 862 | 40 years - 80 years | Based on annuity selected |
LIC Jeevan Akshay - VII
LIC Jeevan Akshay - VII is a single premium paying, non-participating immediate annuity plan. The plan is the best LIC plan to secure the post-retirement years with a pre-determined pension throughout their lifetime.
Key Highlights of LIC Jeevan Akshay - VII
- Multiple modes of annuity payment
- Fixed annuity rates
- Incentives available
LIC New Jeevan Shanti Plan
LIC New Jeevan Shanti is a non-linked, single premium paying plan with an option to opt from single life and joint life deferred annuities. It provides a choice of immediate or deferred annuity options, ensuring a steady income stream and financial stability during retirement.
Key Highlights of LIC New Jeevan Shanti
- Fixed Annuity Rates
- Two annuity options
- Policy loan
LIC Saral Pension Plan
LIC Saral Pension plan is a non-linked, non-participating, single premium paying immediate pension plan that offers the policyholder an income benefit during their golden years. In case of any emergency, the financial help is also available.
Key Highlights of LIC Saral Pension Plan
- Incentives available
- Tax benefits
- Critical illness covered
| LIC Category | Name Of LIC Plan | LIC Plan Code | LIC Plan Entry Age | Minimum Premium Payment |
|---|---|---|---|---|
| LIC Unit Linked Plan | LIC Nivesh Plus Plan | Plan No. 849 | 90 days - 70 years | Rs. 1 Lakh - No Limit (Annual) |
| LIC SIIP Plan | Plan No. 852 | 90 days - 65 years | Rs. 4,000 - No Limit (Monthly) | |
| LIC New Pension Plus | Plan No. 867 | 25 years - 75 years | Rs. 3,000 - No Limit (Monthly) | |
| LIC New Endowment Plus Plan | Plan No. 935 | 90 days - 50 years | Rs. 3,000 - No Limit (Monthly) |
LIC Nivesh Plus Plan
LIC Nivesh Plus Plan is a non-participating, single premium paying, individual life insurance plan offering the dual benefit of life cover and market-related returns. With customizable premium options and policy terms, it caters to individual financial goals.
Key Highlights of LIC Nivesh Plus Plan
- Dual benefits of insurance and investment
- Double accidental death benefit
- Guaranteed additions
LIC SIIP Plan
LIC SIIP Plan is a unit-linked, non-participating, regular premium paying, individual life insurance plan offering life cover benefits with systematic investment in market instruments. This innovative life insurance plan safeguards your family's future while providing opportunities for wealth creation through disciplined investments.
Key Highlights of LIC SIIP Plan
- 4 fund options to invest
- Refund of mortality charges
- Guaranteed additions
LIC New Pension Plus Plan
LIC New Pension Plus Plan is a comprehensive retirement solution offering individuals a secure and flexible pension benefit. With a range of investment choices and the potential for market-linked returns, it caters to diverse financial goals.
Key Highlights of LIC New Pension Plus Plan
- Guaranteed additions
- Partial withdrawal
- Tax benefits
LIC New Endowment Plan
The LIC New Endowment Plan is a robust life insurance policy that combines protection and savings. With guaranteed returns and bonuses, it secures your family's future in the event of unforeseen circumstances.
Key Highlights of LIC New Endowment Plan
- Long-term savings
- Settlement option
- 4 fund options
| LIC Category | Name Of LIC Plan | LIC Plan Code | LIC Plan Entry Age | Minimum Sum Assured |
|---|---|---|---|---|
| LIC Micro Insurance Plan | LIC Bhagya Lakshmi Plan | Plan No. 939 | 8 years - 42 years | Rs. 50,000 - Rs. 2 Lakhs |
| LIC New Jeevan Mangal Plan | Plan No. 940 | 18 years - 55 years | Rs. 50,000 - Rs. 2 Lakhs | |
| LIC Micro Bachat Plan | Plan No. 951 | 18 years - 55 years | Rs. 50,000 - Rs. 2 Lakhs |
LIC Bhagya Lakshmi Plan
LIC Bhagya Lakshmi Plan is a non-linked, limited premium paying, with-profit, savings-cum-insurance plan specially tailored for women. The plan provides financial security and guaranteed benefits to meet long-term financial objectives, ensuring a prosperous future.
Key Highlights of LIC Bhagya Lakshmi Plan
- Return of 110% of premiums on maturity
- Minimum instalment of Rs. 500
- Flexible premium payment
LIC New Jeevan Mangal Plan
LIC's New Jeevan Mangal Plan is a non-linked, micro-insurance term plan designed for affordability. With a quick application process, it provides essential life cover, ensuring financial protection for rural to urban policyholders and their families.
Key Highlights of LIC New Jeevan Mangal Plan
- Tax benefits
- Single premium payment option
- Accidental death benefit
LIC Micro Bachat Plan
LIC Micro Bachat Plan is a non-linked, participating micro-insurance scheme. The plan offers affordable premium options and ensures financial security, making life insurance accessible. Simply, it provides essential financial security for policyholders and their families in times of urgent need.
Key Highlights of LIC Micro Bachat Plan
- Loyalty additions
- Enhance coverage with riders
- Rebates on high sum assured
| LIC Category | Name Of LIC Plan | LIC Plan Code | LIC Plan Entry Age | Minimum Sum Assured |
|---|---|---|---|---|
| LIC Health Plan | LIC Cancer Cover Plan | Plan No. 905 | 20 years - 65 years | Rs. 15 Lakhs - Rs. 50 Lakhs |
| LIC Arogya Rakshak Plan | Plan No. 906 | 91 days - 65 years | Rs. 2.5 Lakhs - Rs. 10 Lakhs |
LIC Cancer Cover Plan
LIC Cancer Cover Plan is a specialized insurance policy providing financial protection against high cancer treatment costs. The plan offers comprehensive coverage for specified early or major cancer stages diagnosed. This plan eases the financial burden, allowing policyholders to focus on recovery without worrying about medical expenses.
Key Highlights of LIC Cancer Cover Plan
- Level and increasing sum insured
- Premium waiver benefit
- Tax benefits
LIC Arogya Rakshak Plan
LIC Arogya Rakshak Plan is a unique LIC health insurance policy that offers fixed benefits for hospitalization and surgery. Flexible premium payment options and lump-sum payouts ensure financial security during medical emergencies promoting overall well-being and peace of mind for policyholders and their families.
Key Highlights of LIC Arogya Rakshak Plan
- Health check-up benefit
- Increasing health cover
- Ambulance benefit
| LIC Category | Name Of LIC Plan | LIC Plan Code | LIC Plan Entry Age | Minimum Sum Assured |
|---|---|---|---|---|
| LIC Micro Insurance Plan | LIC New Children Money Back Plan | Plan No. 939 | 0 years - 12 years | Rs. 1 Lakh - No Limit |
| LIC Jeevan Tarun Plan | Plan No. 940 | 90 days - 12 years | Rs. 50,000 - Rs. 2 Lakhs |
LIC New Children Money Back Plan
LIC's New Children's Money Back Plan is a thoughtful investment option for your child's future. This participating, non-linked money-back insurance plan provides periodic payouts to meet educational milestones. With maturity benefits and life coverage, the LIC New Children Money Back Plan ensures a bright future for the child.
Key Highlights of LIC New Children Money Back Plan
- Participation in profits
- Survival benefit
- Flexible premium payment
LIC Jeevan Tarun Plan
LIC Jeevan Tarun Plan is a non-linked, participating, with-profit life insurance plan designed for children. With survival benefits and lump-sum payouts at crucial stages, the plan secures a prosperous future for the child.
Key Highlights of LIC Jeevan Tarun Plan
- Loan facility
- Participation in profits
- Receive death benefits in instalments
Final Words
For decades, Life Insurance Corporation of India has been one of the trusted life insurance companies in India. We have mentioned the LIC all plan list with their individual benefits to help you compare and buy an LIC plan. LIC of India has enabled a 24/7 active customer care facility for instant support, or you can visit your nearest LIC branch to get assistance in person. If you need expert advice in selecting one suitable life plan and understanding the benefits in detail of the LIC plans list, seek assistance from an LIC agent or LIC life insurance agent. Explore RenewBuy Advisor Connect to find an agent near you.