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Which lic policy is best for term insurance


LIC Saral Jeevan Bima is a standard term plan that offers financial security to your family at affordable rates. Unlike other term plans offered by LIC, the sum assured under Saral Jeevan Bima is limited to Rs. 25 Lakhs.

Which is the best LIC term policy?

LIC Bima Jyoti Plan

Is LIC good for term plan?

There are many reasons why LIC is a good choice for term insurance policies. These reasons are: It has the best claims settlement ratio of over 98%. This means that it successfully settle 98% of the claims that they get.