A Quick Look At The LIC Plans Launched in 2015

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Insurance needs differ depending on the individual requirements and needs. LIC's insurance policies give you the most suitable options that can fit your requirement.

Insurance will provide financial security to your family even when you are no longer around. So, one needs to choose the right product.

Here is the complete list of new policies launched by LIC in India 2015.

A Quick Look At The LIC Plans Launched in 2015

LIC Jeevan Tarun Plan (No 834)

LIC Jeevan Tarun is children plan, specifically meant to meet your child's education.

LIC Jeevan Tarun is a non linked, with profits with limited premium payment plan. The plan comes with four options with survival benefits from 20-24 years of age depending on the requirement.

Click to know more on LIC Jeevan Tarun.

LIC Jeevan Lakshya Plan (No 833)

LIC Jeevan Lakshya is a endowment plan, where a death benefit is provided in case the policy holder dies while the policy is in force and a lump sum if the policy holder survives after the expiry of the policy.

Click to know more on LIC Jeevan Lakshya.

LIC New Children Money Back Plan (No 832)

LIC's New Children Money Back Plan is a non-linked money back plan, which would eventually enable to meet meet the child's multiple financial needs including education, marriage, further studies abroad etc.

The plan also has a survival benefit like most other plans from Life Insurance Corporation.

Click to know more on New Children Money Back Plan

LIC Jeevan Sangam Single Premium Plan (No 831)

Jeevan Sangam Single Premium Plan is a participating single premium plan that benefits those who are looking at taking cover by paying just a single premium.

This is a single premium plan where the risk cover is several times the annual premium paid multiple.

Click to know more on Jeevan Sangam Single Premium Plan

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Read more about: lic, insurance, endowment plans
Story first published: Monday, May 25, 2015, 12:27 [IST]
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