LIC of India is the largest life insurance company with 2000 branches and 14th lakh agents in the country. LIC provides wide range of life insurance plans & policies like investment policies, health plans, pension policies, term insurance policies. To know more visit: https://www.policybazaar.com/insurance-companies/life-insurance-corporation-of-india/
2. Introduction-
Founded in 1956, LIC Life Insurance Corporation of India is the only
public sector insurance company that provides a wide range of life
insurance products. The company works with a customer centric
approach and offers a range of comprehensive life insurance products
like protection plan, child plan, saving plan, term plan, retirement
plan, endowment plan, ULIP plan, etc. To meet the needs of the
customers some of the top plans offered by the LIC Life Insurance
Company are:
3. LIC JEEVAN ANAND POLICY-
• This is a non-linked participating policy.
• It offers a dual benefit of saving and protection combined at the same time.
• Under this plan, the insurance holder can avail the benefits of both death as
well as maturity benefits.
• LIC New Jeevan Anand Policy also protects the financial liquidity of the insured
by providing a loan facility.
4. LIC JEEVAN SARAL POLICY-
• LIC Jeevan Saral Plan is an endowment plan.
• It offers the death benefit coverage to the beneficiary of the policy in the
event of the death of the policyholder
• The plan also provides maturity benefit in case the insured survives during the
entire tenure of the policy.
• This policy is designed in a comprehensive way to fulfill the requirements of
the customer.
5. • This is a conventional plan with the limited premium paying option.
• The plan is classified as With- Profit Endowment Assurance plan and is mainly
beneficial for minors.
• The plan offers annual income to fulfill the requirement of the family.
• In the case of uncertain demise of the policy holder during the tenure of the
policy, a sum assured amount is paid to the children.
LIC JEEVAN LAKSHYA-
6. These plans offered by LIC are some of the most beneficial and
advantageous plans that are designed in a highly customized way to
satisfy the needs of the customer.
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