Nobody in this world has an idea of certainty; nobody knows what is going to happen the next moment or what might occur in a person’s life. There can be financial breakdowns, or a tragic incident of the death of the bread-earner of the family. These kinds of problems always lead to the destruction and sad life for the concerned families. Therefore it is always a wise decision to make plans and keep those plans ready when times like these come into someone’s lifec by taking the best LIC Policy available. This is the reason why most of the people choose the option of life insurances and policies. This in turn helps to sustain and keep the family safe even after the death of the bread earner of the family. There are many kinds of insurances and policies which include different kinds of plans for different family members and it might also depend upon the situation as well.
Some basic details about LIC
The LIFE INSURANCE CORPORATION OF INDIA or the LIC is acknowledged as one of the most trusted and dependant insurance company that has been serving thousands of Indian families from a very long time. This organisation has a very simple past and was founded to look after the welfare of the families and to safeguard their finance so that it can be used productively with the help of best LIC Policy as well asLIC Saving Plans Different kinds of people have different kinds of views and so every individual needs a different kind of insurance that meets their requirements, therefore LIC’s insurance plans and policies are very much according to the needs of an individual because they talk to you and give you the most suitable option that caters to the individual’s needs.
The LIFE INSURANCE CORPORATION OF INDIA or the LIC is acknowledged as one of the most trusted and dependant insurance company that has been serving thousands of Indian families from a very long time. This organisation has a very simple past and was founded to look after the welfare of the families and to safeguard their finance so that it can be used productively with the help of best LIC Policy as well asLIC Saving Plans Different kinds of people have different kinds of views and so every individual needs a different kind of insurance that meets their requirements, therefore LIC’s insurance plans and policies are very much according to the needs of an individual because they talk to you and give you the most suitable option that caters to the individual’s needs.
The best LIC Policy rather policies available in the markets now
There are many kinds of insurance and policies that are available for the people well some of the best LIC Policy designed by LIC are as follows and yes they include LIC Saving Plans as well:
1 – NEW JEEVAN ANAND PLAN
This plan is a very attractive plan because it offers both protection and also savings. It provides death benefit where on death during the policy term the basic sum return is absolutely assured. Also if the death has taken place because of any accident, a lump sum of the amount will be paid within the next 180 days. The sum assured which is equal to accident benefit and the sum assured under the policy shall be waived.
2- JEEVAN RAKSHAK PLAN
The word Jeevan Rakshak means life saver and this is what this unique plan is all about helping out people in times of disaster. Life and death are not in the hands of people so this policy is designed in such a way whereby you can take a loan from it as well in case of any need. Moreover the amount of money that the family of the demised person gets is also good and can help them sustain for pretty long time till they can make arrangements for themselves.
There are many kinds of insurance and policies that are available for the people well some of the best LIC Policy designed by LIC are as follows and yes they include LIC Saving Plans as well:
1 – NEW JEEVAN ANAND PLAN
This plan is a very attractive plan because it offers both protection and also savings. It provides death benefit where on death during the policy term the basic sum return is absolutely assured. Also if the death has taken place because of any accident, a lump sum of the amount will be paid within the next 180 days. The sum assured which is equal to accident benefit and the sum assured under the policy shall be waived.
2- JEEVAN RAKSHAK PLAN
The word Jeevan Rakshak means life saver and this is what this unique plan is all about helping out people in times of disaster. Life and death are not in the hands of people so this policy is designed in such a way whereby you can take a loan from it as well in case of any need. Moreover the amount of money that the family of the demised person gets is also good and can help them sustain for pretty long time till they can make arrangements for themselves.
3- JEEVAN AROGYA
This particular plan is a very unique plan that provides health insurance to the policy holder in case he suffers from certain specified health risks and also provides support in case of any medical emergency. Health is everyone’s concern and that is what this policy does as it takes care of the medical emergency keeping your future plans unaffected.
What is the LIC savings plan?
The word “savings” in the LIC savings plan itself shows that it is related to saving money. The LIC savings plan is a unique plan where people save money on a monthly basis like any other savings account but the only difference here is that the rate of interest is different and far better than the banks. Moreover the liquidity rules are simpler and better here as you can withdraw a sum of your savings easily without any hassle from the money that you saved. Overdraft facility is also there in some of the saving plans that are available in the markets now.
The word “savings” in the LIC savings plan itself shows that it is related to saving money. The LIC savings plan is a unique plan where people save money on a monthly basis like any other savings account but the only difference here is that the rate of interest is different and far better than the banks. Moreover the liquidity rules are simpler and better here as you can withdraw a sum of your savings easily without any hassle from the money that you saved. Overdraft facility is also there in some of the saving plans that are available in the markets now.
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