Types of LIC Plans Available
LIC Endowment Plans:
LIC’s New Jeevan Rakshak: For individuals who wish to utilize a blessing non-taking an interest non-connected arrangement which comprises a very much shared blend among investment funds and insurance, may discover this strategy valuable. This arrangement other than the passing and development benefits, accompanies credit office against the approach.
New Jeevan Anand: The arrival from this approach is either 125% of the aggregate guaranteed or multiple times of all the premiums. Something else, there is the upside of the base passing advantage to be paid to the selected at 105% and nothing not as much as that.
The development advantage can go up to sections of Rs. 2 lakhs.
LIC’s Jeevan Labh: This is a taking an interest gift plan. The strategy permits cooperation in the benefits of the organization and henceforth enables the policyholder to appreciate basic reversionary rewards alongside last extra rewards at the season of development.
The passing advantage additionally incorporates the abovementioned and nothing under 105% of the whole guaranteed.
LIC’s Jeevan Pragati: This arrangement is a non-connected yet benefits plan giving spread consequently to chance over the span of 5 approach years. Credits are accessible for liquidity needs against this strategy. It likewise has mishap reward alongside the fundamental aggregate guaranteed payout of 125% in the sixth and tenth strategy years and 150% of essential entirety guaranteed in the eleventh and fifteenth year of arrangement and from consequently it winds up 200% of the essential total guaranteed.
LIC’s Jeevan Lakshya: The time of section for this arrangement is 30 years, however the strategy Term is just 25 years, considering the fundamental total guaranteed is Rs. 1 lakh and the annualized premiums are as low as Rs. 4366. This arrangement offers credit office alongside extraordinary development benefits and is non-connected taking an interest enrichment plans for individuals who need security and investment funds in the meantime
LIC Money Back Plans:
New Money Back Plan – 20 Years: The multi year new cash back arrangement accompanies not just demise advantages and development benefits, like other life coverage designs however it likewise has the significant preferred position of survival benefits just as discretionary advantages.
This cash back arrangement additionally is a taking an interest approach which enables the policyholder to appreciate basic reversionary rewards from LIC as a piece of taking an interest in the organization’s benefits.
New Money Back Plan – 25 Years: This arrangement is fundamentally the same as New cash Back Plan aside from the distinction in Term and the years, the advantages are paid out.
This arrangement additionally has a survival advantage alongside the standard demise and development advantage. It is a taking part cash back arrangement which implies that the policyholder likewise appreciates a sum from the organization’s benefit. The reality remains that LIC is one of the main protection suppliers in India which means the organization makes benefits frequently.
New Bima Bachat Plan: This arrangement has a cash back preferred position for it’s clients in the most helpful terms of 9 , 12 and 15 years. In these terms inside the interim of 3 years, individuals can appreciate the cash back preferred position of 15% of the total guaranteed. Likewise, this item requires just an enormous single amount one-time premium, which is additionally a decent one time-venture plan on the off chance that you are searching for a long haul speculation.
LIC’s Jeevan Tarun: This arrangement is exceptionally intended to meet the instructive and different needs of developing youngsters through yearly survival advantage installments from ages 20 to 24 years and Maturity Benefit at 25 years old years.
It is an adaptable arrangement wherein at proposition organize the proposer can pick the extent of Survival Benefits to be profited amid the term of the strategy. Note that this approach can be purchased by a grandparent or parent for their grandkids or kids as long as they are under 12 years old.
LIC’s Bima Diamond: This is another arrangement with cash back pay outs for individuals who decide on this arrangement. The fundamental entirety guaranteed will be paid out in certain predetermined time interims according to the term picked by the policyholder, which ranges between 9 to 20 years.
There is additionally the upside of discretionary and rewards dependent on the organization’s approaches.
New Children’s Money Back Plan: This specific arrangement is made to serve the necessities of the a developing youngster, regardless of whether it is as training or sustain his aptitudes at a game. This arrangement means to help youngsters through adulthood easily. This protection arrangement that can be an extraordinary present for your youngster is intended for kids whose guardians like to prepare.
LIC Term Assurance Plans:
LIC’s Anmol Jeevan II: This is a changed assurance plan that offers financial security to the group of the safeguarded if there should arise an occurrence of his/her lamentable downfall and is made reasonable the wards at home.
LIC’s Amulya Jeevan II: This is an insignificant and essential arrangement for long haul venture of your youngster.
There additionally some normal advantages of the item, which is genuinely necessary, is an item, for example, this.
LIC’s e-Term: The LIC e-Term (Online term plan) enables individuals to apply and keep up their term extra security plan on the web. This is an ordinary non-taking an interest online term affirmation plan which gives families the budgetary security they require after and if the policyholder is no more.
LIC’s NEW TERM ASSURANCE RIDER – (UIN: 512B210V01):
This is a rider that gives life spread to the group of the protected in the event of his/her inconvenient demise. The rider can be incorporated with a base arrangement to give extra advantages requiring little to no effort premiums.
LIC Pension Plans:
Jeevan Akshay-VI: This annuity plan, under LIC has a few advantages including the total life spread, yet additionally give a steady wellspring of salary from venture from this arrangement.
It is an annuity plan and requires the installment of a solitary premium. There are various methods of installment accessible for the annuities.
LIC’s New Jeevan Nidhi: This arrangement accommodates vesting and prompt annuity in the meantime to help look after dependability.
Additionally it is a solitary premium annuity plan yet the installments are deffered.
The passing advantage altogether including different rewards are given to the designated as a single amount sum and annuities.