- Jeevan Anand: This is a participating whole life insurance policy that provides coverage for the entire lifetime of the policyholder. The policy also provides an option for a savings component, which helps to accumulate funds for the policyholder’s future needs.
- Jeevan Labh: This is a limited premium paying, non-linked, participating endowment plan. The policy provides coverage for a specific term and also has a savings component. It is suitable for individuals who are looking for both insurance and savings.
- Jeevan Umang: This is a non-linked, with-profits, whole life insurance policy. The policy provides coverage for the entire lifetime of the policyholder and also has a savings component. It is suitable for individuals who are looking for a policy with lifelong coverage and a savings component.
- LIC’s New Children’s Money Back Plan: This is a non-linked, with-profits, money-back insurance policy that is specially designed for children. The policy provides coverage for the child’s entire lifetime and also provides regular payouts at specific intervals to meet the child’s educational and other needs.
- LIC’s New Endowment Plan: This is a non-linked, with-profits, endowment insurance policy that provides coverage for a specific term. The policy also has a savings component and is suitable for individuals who are looking for both insurance and savings.
In conclusion, these are some of the best LIC policies that you can consider for yourself and your loved ones. It is always recommended to consult with a financial advisor before making a decision on which policy to choose.
