Which is best LIC policy for 30 year old?
The LIC New Jeevan Anand Plan could be one of the first plans that you can consider as a 30-year old. It is a traditional plan, i.e. non linked. This plan provides both death benefit as well as maturity benefit. In fact, you get an entire life coverage in this plan.
How many plans are there in LIC?
List of LIC policies
| LIC Policies | Type of Plan | Policy Term |
|---|---|---|
| LIC Tech Term Plan | Online Pure Protection Plan | 10 to 40 years |
| LIC Jeevan Amar | Pure Protection Term Plan | 10 to 40 years |
| LIC Jeevan Umang | Whole Life Insurance | (100 minus entry age) years |
| LIC Money Back 25 years | Money Back Policy | 25 years |
Is there any LIC plan for 2 years?
This 2 year temporary assurance policy is a pure term insurance policy for a SMALL period of 2 years which is primarily for temporary protection only. In this plan, if the Life Insured dies within the period of 2 years, the nominee will get the entire Sum assured but nothing is payable on maturity.
Which LIC plan is best for 21 years old?
Top 6 LIC Plans In India 2022
| LIC Plans | Type of Plan | Policy Term (in years) |
|---|---|---|
| LIC New Children’s money-back Plan | Traditional money-back Child Plan | 25 years – Age at Entry |
| LIC New Jeevan Anand | Endowment Plan | 15 – 35 |
| LIC Jeevan Umang | Whole Life + Endowment Plan | 100 – Age at Entr |
| LIC Jeevan Labh | Endowment Plan | 16/21/25 |
Which LIC policy is best for future?
Best LIC Plans List for 2022
| LIC Policies | Plan Type | Policy Term |
|---|---|---|
| LIC Jeevan Umang | Whole Life Insurance | 100 years minus(-) the age at entry |
| LIC Jeevan Amar | Term Assurance Plan | 10 years-40 years |
| LIC Money Back 25 years | Money Back Policy | 25 years |
| LIC New Jeevan Anand | Endowment Plan | 15 years-35 years |
What is LIC Jeevan Anand policy?
This 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.
Which is the best LIC term plan?
Best LIC Plans List for 2022
| LIC Policies | Plan Type | Policy Term |
|---|---|---|
| LIC Tech Term Plan | Term Assurance Plan | 10-40 years |
| LIC Jeevan Umang | Whole Life Insurance | 100 years minus(-) the age at entry |
| LIC Jeevan Amar | Term Assurance Plan | 10 years-40 years |
| LIC Money Back 25 years | Money Back Policy | 25 years |