LIC plans In India For 2023: These are the top 5 insurance policies of LIC, many benefits are available by investing in them, complete details – what are the top 5 insurance policies of lic
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LIC Jeevan Amar plan is very good for those who want a good low cost insurance option. This pure term insurance policy provides coverage for a fixed period of time. It is perfect for those who want a low cost insurance option with a high sum assured. The policy term for this plan can be between 10 to 40 years, and the enrollment age is between 18 to 65. The maturity age of this plan is 80 years, and the sum assured can be anywhere between Rs. There is no limit above 25 lakhs.
2 – LIC Tech Term Plan
This is another pure term insurance plan. It provides coverage for a specified period of time. This is the best option for those who want a low cost insurance plan with a high sum assured. The enrollment age for this plan is 18 to 65 years, and the policy term can be anywhere between 10 to 40 years. The maturity age of this scheme is 80 years.
3-LIC New Children’s Money-Back Plan
This is a standard money-back child plan that provides financial security for the children. It is perfect for parents who want to ensure the future of their children. The policy term for this plan is 25 years. In this plan, age can be between 0 to 12 years. The amount of this plan can range from Rs 1 lakh to an unlimited amount, and the maturity age is 25 years.
4- LIC New Jeevan Anand
This endowment plan provides both insurance protection and savings opportunities. This scheme is suitable for those who want to save money for the future while securing their future. The age in this plan should be between 18 to 50 years. The policy term can be anywhere between 15 to 35 years. The sum assured under this plan can range from Rs 1 lakh to an unlimited amount, and the maturity age is 75 years.
5- LIC Jeevan Umang
This Whole Life Plus plan provides protection to the insurance holder for the duration of his life. This plan is perfect for those who want life insurance that also offers savings. The policy term for this plan is 100 years. The age of this plan can be from 90 days to 55 years. The maturity age of this plan is 100 years, and the Sum Assured can be any amount between Rs 2 lakh and infinity.
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