- The premium under this LIC single premium policy is paid at the start of the plan as a lump sum.
- This LIC one-time investment plan provides returns and protection against the untimely demise.
- This policy can be taken for anyone between 90 days to 65 years.
Can I invest one time in LIC policy?
As a result, LIC brings a kind one-time investment plan where you are free from paying premiums for years to come before your policy matures. With the help of this one-time investment plan, you only have to make the payment once, and then you wait for the policy to mature to get your money out of it.
Which LIC policy is best for short term investment?
LIC Amulya Jeevan II\n\n This is one of the term assurance plans of Life Insurance Corporation of India (LIC), which gives protection to the needs,in addition, demands of the individuals during unfortunate circumstances. This plan has minimum policy tenure of 5 years and can be considered a short-term investment plan.
Which LIC policy is best for good returns?
LIC's Single Premium Endowment Plan is a participating non-linked savings cum protection plan, where premium is paid in lump sum at the outset of the policy.
Which are the best LIC Plans to invest in 2022?
LIC has a wide range of insurance plans to protect you and your loved ones from unfortunate events and provide them with financial security. Here i...
Is it a smart decision to invest in LIC plans?
It is a good idea to invest in LIC plans as it gives one of the most suitable life insurance policies. It also has insurance plans that provide lif...
Should I invest in LIC Jeevan Labh policy?
LIC Jeevan Labh policy gives maturity and death benefits with an extra profit participation bonus. The plan offers several benefits including the d...
Which LIC plan gives maximum returns?
LIC offers a wide range of life insurance policies designed to provide higher returns. The following plans by LIC provide you with the maximum bene...
Are LIC policies a good investment option?
LIC is a government-owned corporation and comes with the guarantee of the Indian government, which makes its offerings a safe and reliable investme...
Is New Jeevan Anand a good LIC policy?
LIC's New Jeevan Anand is a good life insurance plan for your family. It offers an attractive combination of savings and protection. The cover prov...
How does the LIC Tech Term Plan benefit me?
If you are an individual looking to invest in a term insurance plan but have a limited budget, LIC Tech Term Plan is an ideal choice. This online p...