lic-plans

Nivesh Plus

Nivesh Plus is a non-participating, unit-linked, individual life insurance savings plan offered by Life Insurance Corporation of India (LIC). The plan aims to provide market-linked returns while also providing life cover to the policyholder. Here’s an example to understand the policy. Suppose a 35-year-old non-smoker male purchases a Nivesh Plus policy with a premium payment

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e-Term Plan

e-Term is an online term insurance plan offered by Life Insurance Corporation of India (LIC) that provides financial protection to the policyholder’s family in case of their untimely demise. The policy can be purchased online by individuals who are between 18 to 65 years old and have completed their education till 10th standard. The minimum

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Jeevan Shanti

Jeevan Shanti is a single premium, non-linked, non-participating annuity plan offered by Life Insurance Corporation of India (LIC) that provides a guaranteed income to the policyholder throughout their lifetime. The policy can be purchased by individuals who are 30 years or above, and the minimum purchase price for the policy is Rs. 1,50,000. Here’s an

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Jeevan Azad

Jeevan Azad is a non-linked, participating, endowment assurance plan offered by Life Insurance Corporation of India (LIC) that provides financial protection to the policyholder’s family in the event of their untimely demise. The policy offers a lump sum amount as a death benefit along with bonuses and maturity benefits. Here’s an example to understand the

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Jeevan Tarun

Jeevan Tarun is a non-linked, participating, limited premium payment policy offered by Life Insurance Corporation of India (LIC) for children. The policy provides for a fixed annual income and lump sum payment on maturity. This policy is designed to provide financial support for children’s education, marriage, or other future requirements. Here is an example to

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Jeevan Umang

Jeevan Umang is a non-linked, with-profits, whole life assurance plan offered by the Life Insurance Corporation of India (LIC). Under this plan, the policyholder receives a fixed amount as an annual survival benefit after the premium payment term ends, until the policyholder’s death. Additionally, the policy provides for a lump sum amount on the policyholder’s

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LIC Jeevan Labh

Jeevan Labh is a non-linked, with-profit endowment life insurance policy offered by the Life Insurance Corporation of India (LIC). This policy provides financial protection to the policyholder and their family in the event of their untimely death or upon maturity of the policy. Here’s an example of how the policy works: Let’s say a 30-year-old

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