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LIC Jeevan Amar
LIC Jeevan Amar Yojana is very good for those who want low cost insurance. This plan is a pure term insurance policy that offers coverage for a fixed period of time. This plan will be useful for customers who are looking for a low cost insurance option with a high sum insured. The policy tenure in this scheme will be between 10 to 40 years and people between 18 and 65 years can invest in it.
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LIC Tech Term
This plan of LIC is also a pure term insurance plan providing coverage for a specific period. This is the best option for those looking for a low cost insurance plan with a high sum assured. People between the age group of 18 to 65 years can invest in this policy and the policy tenure will be between 10 to 40 years. Also the maturity period of the scheme will be 80 years.
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LIC New Children Money-Back Scheme
It is a money-back plan for children, which provides financial security to children. If you want to secure your children’s future, you can consider this plan. The policy term of this scheme is 25 years and investments can be made from birth to 12 years. The amount in this plan can be from 1 lakh to unlimited amount and the policy will mature at the age of 25 years of the child.
LIC New Life Anand
This is an endowment plan from LIC that provides both insurance cover and savings. If you want to secure your future and save for the future, this plan is perfect for you. People aged 18 to 50 years can invest in it. So the policy term can be between 18 to 35 years.