LIC Best plans
LIC Best plans as per our need are there. Selecting Life Insurance plans for ourselves is a very interesting job. We try to select a plan which has everything in it. Life Insurance, Investment, Tax Savings, Pension, and whole life, all in one plan. There is nothing wrong with that. Within our budget, we want all benefits in a single plan.
Features of LIC Best plans
Yes, there are plans which can give you all the benefits given above.
- Insurance
- Investment
- Tax Savings
- Pension and
- Whole life
LIC Jeevan Umang is the plan which can give you all the above-given benefits in one plan.
All this can be had in one plan. Policyholders buy an Insurance policy for Tax Savings and long-term goals. If one policy gives the advantage of all benefits, it is good to buy.
These are plans which give continuous insurance coverage till the life of the policyholder.
LIC Jeevan Umang
Jeevan Umang Plan (945) is a non-linked, with-profit complete life assurance plan. This plan provides for annual survival benefits from the end of the premium paying term till maturity and lump sum payment at the time of maturity or on the death of the policyholder during the policy term.
LIC plans are the same all over India. LIC policyholder services are available for all customers.
LIC Jeevan Anand
New Jeevan Anand(915) Plan is a participating non-linked plan which offers an attractive combination of protection and savings. This combination provides financial protection against death throughout the lifetime of the policyholder, with the provision of payment of a lump sum at the end of the selected policy term in case of his or her survival.
LIC Short term plan
LIC Jeevan Labs is also a non-linked, with-profit complete life assurance plan, This plan provides 3 flexible modes of payment to suit the policyholder’s need. There are 3 options under this plan, they are :
- Pay for 10 years, Maturity on the 17th year beginning,
- Pay for 15 years, Maturity on the 21st year beginning,
- Pay for 16 years, Maturity at 25th year beginning.
Insurance need differs from person to person. The Advisor should be able to advise the plan according to the needs of the proposer.