LIC’s Jeevan Saral (Table 165) is the simplest LIC plan, where you just need to decide how much monthly premium you want to pay and you will get 250 times risk cover for example if you want to pay Rs.1000/mo then your risk cover will be 10000×250=2.5 lakh Jeevan saral is good for all tax groups as it gives you tax benefit too. LIC Saral plan is suitable for all who want to keep invested or want to invest regularly for 10-25 years. This plan also won Golden Peacock award. . . . → Read More: LIC Jeevan Saral
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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 Limited Payment Endowment Plan Summary: This is an Endowment policy similar to Table No.14. LIC’s Limited Payment Endowment (Table no.48) provides the flexibility of choosing the Premium Paying Term (PPT). If you want to pay premium only for few years then this is right endowment plan for you. All other features are quite similar . . . → Read More: Limited Payment Endowment Policy Jeevan Saathi Summary: LIC’s Jeevan Saathi (Table No.89) is specially designed for married couples. It is for husband and wife who wants single policy for joint life risk cover. Key features: Unique Joint Life Insurance Policy from India’s No.1 Insurance company Tax benefit You can pay monthly, quarterly, half yearly or yearly premiums. Maturity . . . → Read More: Jeevan Saathi Jeevan Mitra (Double Cover Endowment Plan) Summary: Jeevan Mitra – Double Cover (Table No.88) is for people who need a big sum assured / financial protection to his/her family in case of unfortunate death during policy period. Jeevan Mitra plan is not allowed for non-earning majors including students. (i) When occupational extra is chargeable . . . → Read More: Jeevan Mitra Jeevan Mitra Summary: Jeevan Mitra – Triple Riskcover plan (Table No.133) is a refined version of endowment plan. Jeevan Mitra – Triple Riskcover is ideal for the persons who require high risk cover and at the same time want provision for certain needs. This plan is also good for persons availing housing loans etc. . . . → Read More: Jeevan Mitra (Triple Cover Endowment Plan) New Janaraksha Plan is an Endowment Assurance plan that provides financial protection against death throughout the term of plan. It provides full life insurance for 3 years even when the premiums are not paid. New Janaraksha Plan (with Profits) is specially designed for people with irregular income and whose job is not secure due to fluctuating income, i.e. Workers with unorganized sector, Daily wage earners, Call Center Employees, Farmers, Small businessman etc. . . . → Read More: New Janaraksha Plan Jeevan Shree-I is an Endowment assurance plan. Jeevan Shree-I is offering the choice of many convenient premium paying terms. It provides financial protection against death throughout the term of plan with the payment of maturity amount on survival to the end of the policy term. Jeevan Shree-I is suitable for high worth individuals i.e Corporate Executives, Professionals, Software Engineers, Industrialists, Consultants, Estate owners, Builders, NRIs, Models, Film stars, etc. . . . → Read More: Jeevan Shree-I Jeevan Anand is the combination of Endowment Assurance and Whole Life plan. The risk cover will continue even after the maturity, that means Zindagi Ke Saath Bhi Zindagi Ke Bad Bhi… Jeevan Anand plan no. 149 provides financial protection against death throughout the lifetime of the life assured with the provision of payment of a lump sum at the end of the selected term in case of his survival. For Example: Mr. Pankaj, age 25 years, takes Jeevan Anand policy for 25 years for Sum Assured Rs. 1 lakh. Now on Maturity Pankaj will receive Rs. 2,12,500/- (Rs. 1 lakh sum assured Plus Rs.1,12,500/- is the estimated bonus at Rs.45/- per thousand per year.) In case, Mr. Pankaj, dies ( After premium paying term is over) at the age of 60 years, his nominee will get additional Rs. 1 lakh equal to sum assured amount. Since Mr. Pankaj has already received the bonus, LIC will not pay second time bonus. In case, Mr. Pankaj dies during the Premium Paying Term, his nominee will get Rs.1 Lakh (sum Assured) + Accrued bonus till Mr. Pankaj’s death. Key Features: 1. Jeevan Anand is the combination of Whole Life and Endowment Assurance plan. 2. Even after the Premium Paying Term (PPT) is over, risk cover continues till the death of the policy holder. 3. Accident Benefit is available during the Premium paying term adn thereafter upto age 70. 4. Limited premium payments. 5. Double accidental cover upto age 70. 6. Tax Savings more………. . . . → Read More: Jeevan Anand an Endowment Assurance + Whole Life plan 
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