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Choose your own insurance plan

Basic purpose of any insurance is to provide financial protection to your family. At the start of one’s professional career one has more liabilities and less assets. Liabilities can student loan, home loan, car loan, health expenses of parents etc. Plus one has to meet day to day expenses. In case of your early death your assets may not be able to cover all these liabilities and cover your family future expenses. By buying life insurance policy you can protect your family from all these liabilities.

LIC’s NEW CHILDREN’S MONEY BACK PLAN

LIC's New Children’s Money Back Plan is a participating non-linked money back plan. This plan is specially designed to meet the educational, marriage and other needs of growing children through Survival Benefits. In addition, it provides for the risk cover on the life of child during the policy term and for number of survival benefits on surviving to the end of the specified durations.

Jeevan Lakshya

LIC's Jeevan Lakshya is a participating non-linked plan which offers a combination of protection and savings. This plan provides for Annual Income benefit that may help to fulfill the needs of the family, primarily for the benefit of children, in case of unfortunate death of Policyholder any time before maturity and a lump sum amount at the time of maturity irrespective of survival of the Policyholder. This plan also takes care of liquidity needs through its loan facility.

JEEVAN TARUN

LIC's JEEVAN TARUN is a limited premium payment plan which offers an attractive combination of protection and saving features for children. This plan is specially designed to meet the educational and other needs of children through annual Benefit payments from ages 20 to 24 years and Maturity Benefit at the age of 25 years. It is a flexible plan wherein at proposal stage the proposer can choose the proportion of Survival Benefits to be availed during the term of the policy.

JEEVAN AKSHAY

JEEVAN AKSHAY is an Immediate Annuity plan, which can be purchased by paying a lump sum amount. The plan provides for annuity payments of a stated amount throughout the life time of the annuitant. Various options are available for the type and mode of payment of annuities.

JEEVAN ANAND

Jeevan Anand plan is a combination of Endowment Assurance and Whole Life plans. It provides financial protection against death throughout the lifetime of the life assured with the provision of payment of a lump sum at the end of the selected term in case of his survival.

JEEVAN SHIKHAR

LIC's Jeevan Shikhar is a participating, non-linked, saving cum protection single premium plan wherein the risk cover is ten times of Tabular Single Premium. The premium payable shall depend on the chosen amount of Maturity Sum Assured and age at entry of the life assured.