6 IMPORTANT LIC POLICY IN 2020

There are already lots of policies available in the LIC so, whenever you think to buy LIC policy you get confused that which one you should buy. So, today we’re going to tell you the 6 Important LIC plans. In this article, we are going to tell you plans related to children, retirement, and high return plans. So, in this article, we’re going to give you information about 6 important LIC policies. You can buy any policy for your children or for yourself.

6 Important LIC POLICY

Currently, there are 25 policies available in LIC. We are going to talk about only 6 important LIC policy

1. JEEVAN TARUN (Table No.934): This policy is for children whose age is between 0-5 year. In Jeevan Tarun’s policy, the minimum entry age should be 3 months and the maximum entry age should be 12 years. The minimum sum assured should be 75,000 and maximum sum assured should be without any limit. This policy overs after the 25 years age of children.

2. JEEVAN LABH (Table No. 936) If your child’s age is between 8-17 years you can take any policy. This plan requires a minimum age of 8 years and a maximum age of 59 years. The minimum sum assured should be 2,00,000 and maximum sum assured should be without any limit. If you want a high return then this policy will be good for you.

3. CHILD MONEY BACK (Table No. 932): If your child’s age is between 6-7 years you can take this policy. This policy is a kind of Money Back policy for your children. For buying this policy the minimum entry age should be 0 Years and the maximum entry age should be 12 years. This policy also matures after the age of 25. The minimum sum assured should be 1,00,000 and maximum sum assured should be without any limit.

4. JEEVAN UMANG (Table No. 945): If your child’s age is between 8-17 years you can take any policy. And if you want to get money back whole life with Insurance then this policy will be best for you. For buying this policy the minimum entry age should be 3 months (90days) and the maximum entry age should be 55 years. The minimum sum assured should be 2,00,000 and maximum sum assured should be without any limit. The maturity goes on until the policy buyer dies.

5. Jeevan Anand (Table No. 915): This policy is available for the age group between 18-50 years. This policy is best for the people who want maturity but, insurance should go a lifetime. Jeevan Anand maturity period is between 15-35 years. In Jeevan Anand’s policy, the minimum entry age should be 18 years and the maximum entry age should be 50 years. The minimum sum assured should be 1,00,000 and maximum sum assured should be without any limit.

6. Jeevan Lakshya (Table No. 933):  For Jeevan lakshya policy information you can read our article 5 Best LIC policy. 

 

I hope this article 6 IMPORTANT LIC POLICY IN 2020 will help you to choose your policy.

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