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Which is the best policy in LIC for 15 years?

Which is the best policy in LIC for 15 years?

JeevanSurabhi Plan
In this article, we will specifically talk about LIC policy for 15 years which is LIC’s JeevanSurabhi Plan. LIC’s Jeevan Surabhi Plan is a non-unit linked, traditional, improved version of the Money Back plan….Death benefit.

Policy Term Total 15 years Death Benefit
11 to 15 years 2 times Sum Assured

Which is the best LIC policy for 10 years?

Best LIC Plans for 2021

LIC Policies Plan Type Policy Term
LIC Tech Term Plan Term Assurance Plan 10-40 years
LIC Jeevan Umang Whole Life Insurance 100 years minus(-) the age at entry
LIC Jeevan Amar Term Assurance Plan 10 years-40 years
LIC Money Back 25 years Money Back Policy 25 years

What is new Jeevan Anand plan 815?

This 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 lump-sum at the end of the selected policy term in case of his/her survival.

Is there any LIC policy for 2 years?

This 2 year temporary assurance policy is a pure term insurance policy for a SMALL period of 2 years which is primarily for temporary protection only. In this plan, if the Life Insured dies within the period of 2 years, the nominee will get the entire Sum assured but nothing is payable on maturity.

What is LIC interest rate?

LIC Fixed Deposit Features FD Tenure : Ranges between 18 months to 5 years. Interest Rate Range : 5.25% p.a. to 5.75% p.a. Senior Citizens FD Rate : 5.50% p.a to 6.00% p.a. Highest Interest Rate : As per today’s rate, LIC Housing Finance’s highest interest rate on FD is 5.75% offered for a tenure of 5 years.

How does LIC of India life insurance plan work?

The LIC of India offers a plan, which is a blend of both protection and income to the family. It provides a yearly survival benefit from the premium payment term ends until maturity and a lump sum payment at maturity or upon the demise of the policyholder during the policy tenure. This plan can be bought from the LIC online.

How old do you have to be to buy Lic in India?

It is a pure risk premium plan that provides security in terms of finances to the family of the policyholder under any unfortunate circumstances during the policy tenure. This LIC plan can be bought online. It offers longer protection for up to 40 years. No age boundaries and is available for anyone who is 18 years of age and above.

What does LIC’s New Jeevan Anand plan do?

LIC’s New Jeevan Anand 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 lumpsum at the end of the selected policy term in case of his/her survival.

Which is the only public sector life insurance company in India?

LIC is the only public sector life insurance company in India. The Life Insurance Corporation of India was founded in 1956 with the merger of more than 245 insurance companies and provident societies. LIC of India has its headquarters in Mumbai, the commercial capital of India.