LIC Policy: Today life is so uncertain and everyone is in deep stress to make future good for them, their family. Insurance plans play key role in securing future and relieves stress as well. You can prepare yourself for the unforeseen events such as accidents, illness, death, or disability by purchasing suitable insurance schemes. The Life Insurance Company is the most well-known insurance brand, with the largest market share. So, we’ve gone over the top LIC policies for 2023 in this article.
Here are the list of top 5 LIC policies to invest in 2023:
LIC Jeevan Labh:
Proper investments in the Life Insurance Corporation of India (LIC) are considered prudent. The money invested in this policy is safe. If you want to invest in insurance plans as well, there is a LIC scheme that allows you to contribute more than Rs 250 per day and still reach a maximum investment of Rs 54 lakh.
Any citizen between the ages of 8 and 59 may invest in this scheme. This policy allows insurance holders to deposit funds for terms of 10, 13, and 16 years, with funds released at maturity after 16 to 25 years.
This LIC scheme is called Jeevan Labh, and it is a non-linked and profit-making plan. If the policyholder dies, his or her family will be financially supported. Furthermore, if the policyholder lives to see the policy’s maturity, he will receive a sizable payout. Investors can choose the amount they want to invest in this plan as well as the duration of the premium.
LIC New Jeevan Anand scheme:
LIC New Jeevan Anand LIC provides people with term, endowment, pension, and whole life insurance plans. It is a reputable insurance company. Among these insurance products, the New Jeevan Anand Plan, which provides the policyholder with financial support in the event of death, is well-known among LIC customers.
The LIC New Jeevan Anand is both a participating non-linked life insurance policy and an endowment policy that provides both protection and savings.
LIC Jeevan Umang Policy:
The LIC Jeevan Umang Policy can provide a good return on a small investment. To begin, this policy is available to anyone between the ages of 90 days and 55 years. It is a long-term investment scheme.
According to the calculations for the LIC Jeevan Umang Policy, if you pay a monthly premium of Rs 1302 on this policy, you will pay Rs 15,298 in a year, which means that the money will be around Rs 4.58 lakh if you keep this policy for 30 years.
New Jeevan Shanti LIC:
You must pay a single premium for this scheme. The policyholder can select between single life and joint life deferred annuities. The policy guarantees the annuity rates at the time of purchase. An investor in the scheme will receive annuities after the deferment period for the rest of their life.
LIC Tech-Term Plan:
LIC Tech-Term is a non-linked, profitless protection plan. This Scheme provides financial security to the nominee family member in the event of the policyholder’s death. This plan is available online for purchase. If a policyholder wishes to double the amount assured under this plan, he must pay a premium that is approximately 25% to 30% higher.
