Category: LIC Plans

Jeevan Utsav is a non-linked and non-participating whole life insurance plan from Life Insurance Corporation of India. It offers lifetime income for the policyholders after the selected accumulation period. The main attraction of this plan is its limited premium paying term. Premium paying terms of LIC’s Jeevan Utsav plan ranged between 5 to 16 years. The minimum age for taking this plan is 90 days and the maximum is 65 years. So, it benefits persons of all age groups, from kids to seniors. Another key benefit of Jeevan Utsav is…

Understanding Jeevan Lakshya LIC’s Jeevan Lakshya is one of the best available life insurance plan, that provides The best life insurance plan varies according to individual needs. However, a plan that offers multiple risk coverages with decent returns can treated as optimal. Typically, traditional life insurance policies consist of two main components; 1. Risk Coverage, and 2. Savings. Risk coverage refers to the sum assured payable to the beneficiaries in case of the policyholder’s death. The savings part of the life insurance policy accumulates cash value over time payable to…