LIC of India will launch two new plans tomorrow. These exciting schemes are LIC Jan Suraksha and LIC’s Bima Lakshmi. They start on February 28, 2024. This is big news for anyone wanting to save or protect their family. Are you looking for new ways to secure your future?
These new plans offer great savings and life insurance benefits. They are designed for individual needs. You can learn more details about LIC’s current offerings on their official website.
LIC Jan Suraksha: Simple Protection and Savings
LIC Jan Suraksha is a simple plan. It is a non-linked savings life insurance. This means it is not tied to the stock market. It does not share company profits either. This plan gives money to your family if you pass away during the policy time. It also pays you money if you live to the end of the policy term.
You must be at least 18 years old to buy this plan. The maximum age to buy is 60 years. You can choose a policy term of 10 to 15 years. The minimum sum you can ensure is Rs 50,000. There is no upper limit for the sum assured.
You have flexible ways to pay your premium. You can pay a single premium one time. You can also pay regularly. This means yearly, half-yearly, quarterly, or even monthly. This makes it easy for you to manage your money.
Meet LIC’s Bima Lakshmi Policy
LIC’s Bima Lakshmi is also a non-linked plan. It is another individual savings life insurance scheme. Like Jan Suraksha, it offers money if you die during the policy. It also gives you a lump sum payment if you survive the policy term.
The age limit for Bima Lakshmi is a bit different. You need to be at least 18 years old. The maximum age to buy this plan is 55 years. This plan gives you a longer policy term choice. You can pick between 13 and 25 years.
The minimum sum assured for Bima Lakshmi is Rs 1 lakh. There is no maximum limit. You must pay your premiums regularly for this plan. You can pay yearly, half-yearly, quarterly, or monthly. India’s insurance policies are overseen by the IRDAI (Insurance Regulatory and Development Authority of India).
Both plans offer financial peace of mind. They help you save for the future. They also protect your loved ones. These new schemes from LIC start tomorrow. They give you more options for your financial security. Think about how these plans can help you today.
