LIC’s Jeevan Mangal is a term assurance plan with return of premiums on maturity. “Jeevan Mangal” – the micro insurance product is customized to cater to the distinct needs of the most vulnerable low income sections of Indian population. The Premium starts from Rs.15 per week. . . . → Read More: Jeevan Mangal – Micro Insurance
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LIC’s Jeevan Anurag is a with profits plan specifically designed to take care of the educational needs of children. The plan can be taken by a parents. Benefits under the plan are payable at prespecified durations irrespective of whether the Life Assured survives to the end of the policy term or dies during the term of the policy. In addition, this plan also provides for an immediate payment of Basic Sum Assured amount on death of the Life Assured during the term of the policy. . . . → Read More: LIC Jeevan Anurag Jeevan Nischay is a single premium policy with guaranteed maturity benefits exclusively for existing LIC policy holders. Jeevan Nischay is a close ended plan wherein a person can take policy on his/ her own life by paying single premium. . . . → Read More: Jeevan Nischay LIC of India’s Child Fortune Plus is a unit linked plan (ULIP) which will be allowed to the parents who have a child upto the age of 17 years last birthday. The risk cover under the plan will be on the life of the parent who will be the life assured. There will be no insurance coverage on the life of the child, but the policy will be allowed based on the age of the child. The policy will continue till the child attains the age of 25 years last birthday or till the life assured attains the age of 75 years nearest birthday, whichever is earlier. The purpose of the plan is to meet the educational and other needs of the child named as nominee in the policy. . . . → Read More: Child Fortune Plus (Plan No.194) LIC Gratuity Plus Summary: LIC’s GRATUITY PLUS PLAN is a unit linked plan (ULIP) for management of Gratuity Funds. GRATUITY PLUS PLAN is suitable for companies who desire to entrust Gratuity Fund management to an insurer and wish to have the flexibility of choice of investments. This plan is different from the traditional Cash . . . → Read More: LIC Gratuity Plus Plan Samridhi Plus Plan 804 After Wealth Plus LIC of India has another Highest NAV guarantee plan. Samridhi Plus (Table No.804) in a new ULIP plan which offers Highest NAV of 1st 100 months or fund value whichever is higher. Samridhi Plus features at glance: Highest NAV of 1st 100 months or fund value on . . . → Read More: LIC Samridhi Plus Summary: LIC Bima Account – 1 (Plan No. 805) is a without profit Variable Insurance Product wherein the proposals will be accepted under Non-medical Scheme only. Under this plan there will be a Policyholder’s Account maintained separately for individual policyholder, which shall consist of two parts; Policyholder’s Regular Premium Account and Policyholder’s Top-up Premium . . . → Read More: LIC Bima Account – 1 Now you can pay your LIC Premium Payment through LIC Credit Card. LIC Policyholders can give standing instructions to LIC Credit Cards to pay the premium of their LIC Policies through their LIC Card. . . . → Read More: LIC Premium Payment through LIC Credit Card Endowment plus Table no. 802 plan is a unit linked Endowment plan (ULIP). LIC Endowment plus is ideal for those who is looking for investment-cum-insurance plan. The policyholder can choose the level of cover within the limits, which will depend on mode and amount of premium you desires to pay. Endowment plus is launched with NAV Rs.10 per unit. . . . → Read More: LIC Endowment Plus Endowment Plan Summary: It is one of the oldest and popular LIC plan. Endowment plan (Table 14) provides financial assistance to the family of the life assured in the event of policy holders early death or a lumsum amount on policy holders survival upto the selected term. Hence, Endowment plan (Table 14) provides for . . . → Read More: Endowment Policy 
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