                                                                                                                                                                                                                                                                                                                                                                                                         {"id":211,"date":"2022-12-23T09:54:15","date_gmt":"2022-12-23T09:54:15","guid":{"rendered":"https:\/\/policyadda.com\/blog\/?p=211"},"modified":"2023-01-16T06:13:00","modified_gmt":"2023-01-16T06:13:00","slug":"10-best-lic-policies-to-invest-in-india-in-2023","status":"publish","type":"post","link":"https:\/\/www.policyadda.com\/blog\/10-best-lic-policies-to-invest-in-india-in-2023\/","title":{"rendered":"10 Best LIC Policies To Invest In India In 2023"},"content":{"rendered":"<h6><b><i>Life insurance is essential to living a secure and happy life. Many people in India would view it as an additional expense. But, it can provide your family members or loved ones with the necessary financial stability in the event of your passing. Check out the article with the best LIC Policies to invest in India for making a better decision.<\/i><\/b><\/h6>\n<p><span style=\"font-weight: 400\">LIC plans are backed by the government, they can be a smart investment option when buying a life insurance plan.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">With its selection of insurance products, people can get comprehensive life insurance as well as possibilities to save income and build capital through market-linked gains.<\/span><\/p>\n<h2><b>10 Best LIC Policies to Invest in India 2023<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Here is a list of the Best LIC Policies in India 2023.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>LIC Policies<\/b><\/td>\n<td><b>Entry Age<\/b><\/td>\n<td><b>Policy Terms<\/b><\/td>\n<td><b>Maturity Age<\/b><\/p>\n<p><b>( Max )<\/b><\/td>\n<td><b>Sum Assured<\/b><\/p>\n<p><b>(Min-Max)<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>LIC Tech Term Plan<\/b><\/td>\n<td><span style=\"font-weight: 400\">18-65 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">10-40 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">80 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">50 Lakhs to No Limit<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>LIC Jeevan Amar Plan<\/b><\/td>\n<td><span style=\"font-weight: 400\">18- 65 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">10-40 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">80 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">25 Lakhs to No Limit<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>LIC Jeevan Umang<\/b><\/td>\n<td><span style=\"font-weight: 400\">90 Days to 55 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">100 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">100 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">2 Lakhs to No Limit\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>LIC Jeevan Labh<\/b><\/td>\n<td><span style=\"font-weight: 400\">8 &#8211; 59 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">16- 21-25 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">75 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">2 Lakhs to No Limit\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>LIC New Children\u2019s Money Back Plan<\/b><\/td>\n<td><span style=\"font-weight: 400\">0 &#8211; 12 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">25 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">25 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">1 Lakh to No Limit<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>LIC Jeevan Tarun Plan<\/b><\/td>\n<td><span style=\"font-weight: 400\">90 Days to 12 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">25 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">25 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">75,000 to No Limit<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>LIC Bima Jyoti Plan<\/b><\/td>\n<td><span style=\"font-weight: 400\">90 Days to 60 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">15-20 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">18 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">1 Lakh to No Limit<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>LIC Aadhaar Shila<\/b><\/td>\n<td><span style=\"font-weight: 400\">8 &#8211; 55 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">10 &#8211; 20 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">70 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">75,000 to 3 Lakhs<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>LIC Jeevan Bharti<\/b><\/td>\n<td><span style=\"font-weight: 400\">18- 55 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">20 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">70 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">50,000 to 25 Lakhs<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>LIC New Jeevan Anand Plan<\/b><\/td>\n<td><span style=\"font-weight: 400\">18 to 50 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">15 to 35 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">75 Years<\/span><\/td>\n<td><span style=\"font-weight: 400\">1 Lakh to No Limit<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><b>LIC Tech Term Plan<\/b><\/h2>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-322 size-full\" src=\"https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Tech-Term-Plan1.jpg\" alt=\"LIC Tech Term Plan\" width=\"810\" height=\"391\" srcset=\"https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Tech-Term-Plan1.jpg 810w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Tech-Term-Plan1-300x145.jpg 300w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Tech-Term-Plan1-768x371.jpg 768w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Tech-Term-Plan1-750x362.jpg 750w\" sizes=\"(max-width: 810px) 100vw, 810px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">The <\/span><a href=\"https:\/\/policyadda-blogs.s3.ap-south-1.amazonaws.com\/policyadda\/wp-content\/uploads\/2022\/12\/23091835\/Policy-document_LIC-s_New-Tech-Term.pdf\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400\">Tech Term plan<\/span><\/a><span style=\"font-weight: 400\"> from LIC is a single-risk premium, non-linked, non-participating online plan.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">In the tragic event that the insured passes away during the policy term, this term plan offers financial protection to the insured&#8217;s heirs.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">No benefits are provided if the policyholder lives through the expiration of the insurance plan&#8217;s term.<\/span><\/p>\n<p><b>Entry Age: <\/b><span style=\"font-weight: 400\">18-65 years<\/span><\/p>\n<p><b>Policy Terms: <\/b><span style=\"font-weight: 400\">Min 10 Years to Max 40 Years<\/span><\/p>\n<p><b>Maturity Age: <\/b><span style=\"font-weight: 400\">80 Years<\/span><\/p>\n<p><b>Sum Assured: <\/b><span style=\"font-weight: 400\">Min 50 Lakhs to No Limit<\/span><\/p>\n<p><b>Benefits:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">In this plan, a<\/span><span style=\"font-weight: 400\"> higher sum assured is offered<\/span><span style=\"font-weight: 400\">.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The<\/span><span style=\"font-weight: 400\"> policy term can be<\/span><span style=\"font-weight: 400\"> as long as <\/span><span style=\"font-weight: 400\">40 years<\/span><span style=\"font-weight: 400\"> for the insured.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The sum promised will be provided as a <\/span><span style=\"font-weight: 400\">death benefit<\/span><span style=\"font-weight: 400\"> in the tragic event of the policyholder&#8217;s passing while the policy is still in effect.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Benefits from income tax<\/span><span style=\"font-weight: 400\"> are available based on the sum of the premium.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Accidental benefits <\/span><span style=\"font-weight: 400\">are available <\/span><span style=\"font-weight: 400\">for riders<\/span><span style=\"font-weight: 400\">.\u00a0<\/span><\/li>\n<\/ul>\n<h2><b>LIC Jeevan Amar Plan<\/b><\/h2>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-324 size-full\" src=\"https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Amar-Plan1.jpg\" alt=\"LIC Jeevan Amar Plan\" width=\"810\" height=\"391\" srcset=\"https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Amar-Plan1.jpg 810w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Amar-Plan1-300x145.jpg 300w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Amar-Plan1-768x371.jpg 768w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Amar-Plan1-750x362.jpg 750w\" sizes=\"(max-width: 810px) 100vw, 810px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">One such insurance policy that provides financial assistance to families in the event of the covered person&#8217;s untimely death is the <\/span><a href=\"https:\/\/policyadda-blogs.s3.ap-south-1.amazonaws.com\/policyadda\/wp-content\/uploads\/2022\/12\/23092459\/Policy-Document_LIC-s_New-Jeevan_Amar.pdf\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400\">LIC Jeevan Amar Plan<\/span><\/a><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">It is a non-linked, non-participating policy that guarantees the insured person&#8217;s life insurance. It is available for purchase offline.<\/span><\/p>\n<p><b>Entry Age: <\/b><span style=\"font-weight: 400\">18- 65 Years<\/span><\/p>\n<p><b>Policy Terms: <\/b><span style=\"font-weight: 400\">Min 10 Years to Max 40 Years<\/span><\/p>\n<p><b>Maturity Age: <\/b><span style=\"font-weight: 400\">80 Years<\/span><\/p>\n<p><b>Sum Assured: <\/b><span style=\"font-weight: 400\">Min 25 Lakhs to No Limit<\/span><\/p>\n<p><b>Benefits:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">For <\/span><span style=\"font-weight: 400\">women and non-smokers, the premium prices are significantly lower<\/span><span style=\"font-weight: 400\">.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Superbly high discount on the amount assured<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Riders who purchase additional insurance will receive <\/span><span style=\"font-weight: 400\">accident benefits<\/span><span style=\"font-weight: 400\">.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Two types of death benefits<\/span><span style=\"font-weight: 400\"> such as level sum assured and increasing sum assured is available.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Tax exemptions<\/span><span style=\"font-weight: 400\"> apply to the LIC Jeevan Amar policy premium payments.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Flexibility to pay Premium terms<\/span><span style=\"font-weight: 400\"> as per policyholder&#8217;s coverage needs.<\/span><\/li>\n<\/ul>\n<h2><b>LIC Jeevan Umang<\/b><\/h2>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-325 size-full\" src=\"https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Umang1.jpg\" alt=\"LIC Jeevan Amar Plan\" width=\"810\" height=\"391\" srcset=\"https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Umang1.jpg 810w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Umang1-300x145.jpg 300w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Umang1-768x371.jpg 768w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Umang1-750x362.jpg 750w\" sizes=\"(max-width: 810px) 100vw, 810px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">The<\/span><a href=\"https:\/\/policyadda-blogs.s3.ap-south-1.amazonaws.com\/policyadda\/wp-content\/uploads\/2022\/12\/23092616\/Final-Policy-Doc_LIC-s-Jeevan-Umang.pdf\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400\"> Jeevan Umang policy<\/span><\/a><span style=\"font-weight: 400\"> from LIC is a full life insurance non-linked plan that offers the policyholder both safety and profit.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">From the completion of the premium-paying period until maturity, this plan gives annual survivor benefits.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">At the moment of maturity, the policyholder receives a lump sum payment.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">A lump amount is given to the policyholder&#8217;s beneficiary or designated person if they pass away during the term of the plan.<\/span><\/p>\n<p><b>Entry Age: <\/b><span style=\"font-weight: 400\">90 Days to 55 Years<\/span><\/p>\n<p><b>Policy Terms: <\/b><span style=\"font-weight: 400\">100 Years<\/span><\/p>\n<p><b>Maturity Age: <\/b><span style=\"font-weight: 400\">100 Years<\/span><\/p>\n<p><b>Sum Assured: <\/b><span style=\"font-weight: 400\">Min 2 Lakhs to No Limit\u00a0<\/span><\/p>\n<p><b>Benefits:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">A lump sum payment will be made to the beneficiary in the event of the policyholder&#8217;s death before the policy&#8217;s maturity date.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">8% <\/span><span style=\"font-weight: 400\">of the total is guaranteed each year as a<\/span><span style=\"font-weight: 400\"> survival bonus<\/span><span style=\"font-weight: 400\"> if the policyholder survives the policy term.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Provide liquidity requirements as it <\/span><span style=\"font-weight: 400\">provides the loan option<\/span><span style=\"font-weight: 400\">.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Serves as a <\/span><span style=\"font-weight: 400\">retirement pension plan<\/span><span style=\"font-weight: 400\">.<\/span><\/li>\n<\/ul>\n<h2><b>LIC Jeevan Labh<\/b><\/h2>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-326 size-full\" src=\"https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Labh1.jpg\" alt=\"LIC Jeevan Labh\" width=\"810\" height=\"391\" srcset=\"https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Labh1.jpg 810w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Labh1-300x145.jpg 300w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Labh1-768x371.jpg 768w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Labh1-750x362.jpg 750w\" sizes=\"(max-width: 810px) 100vw, 810px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">This non-linked limited premium endowment<\/span><a href=\"https:\/\/policyadda-blogs.s3.ap-south-1.amazonaws.com\/policyadda\/wp-content\/uploads\/2022\/12\/23092736\/Final-Policy-Doc_-LIC-s-Jeevan-Labh.pdf\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400\"> LIC Jeevan Labh<\/span><\/a><span style=\"font-weight: 400\"> policy offers customers both savings opportunities and security.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The plan provides profit participation bonuses as well as death and maturity benefits.<\/span><\/p>\n<p><b>Entry Age: <\/b><span style=\"font-weight: 400\">8 to 59 Years<\/span><\/p>\n<p><b>Policy Terms:<\/b><span style=\"font-weight: 400\"> 16- 21-25 Years<\/span><\/p>\n<p><b>Maturity Age: <\/b><span style=\"font-weight: 400\">75 Years<\/span><\/p>\n<p><b>Sum Assured: <\/b><span style=\"font-weight: 400\">Min 2 Lakhs to No Limit\u00a0<\/span><\/p>\n<p><b>Benefits:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The policyholder will receive the <\/span><span style=\"font-weight: 400\">Amount Assured on Maturity,<\/span><span style=\"font-weight: 400\"> which is equal to the Basic Sum Assured with invested Simple Reversionary Additions and a Final Additional Bonus, if any, in a lump sum, when the policy matures.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The &#8220;Sum Assured on Death&#8221; with &#8220;Simple Reversionary Additions&#8221; and &#8220;Final Additional Payment&#8221; are the components of <\/span><span style=\"font-weight: 400\">death benefits<\/span><span style=\"font-weight: 400\"> (if any). The Basic Sum Assured plus 10 times the annual premium paid equals the maximum Sum Assured upon Death.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">At the time of death, the compensation may not be under 105% of the total amount of premiums paid.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Tax benefits<\/span><span style=\"font-weight: 400\"> are available with this LIC policy.<\/span><\/li>\n<\/ul>\n<h2><b>Best LIC Policies For Children 2023<\/b><\/h2>\n<p><span style=\"font-weight: 400\">LIC Child Policies are child insurance plans created especially to help kids reach important life milestones and assure a financially secure tomorrow.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Here are the Best LIC policies for children.<\/span><\/p>\n<h2><b>LIC New Children\u2019s Money Back Plan<\/b><\/h2>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-327 size-full\" src=\"https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-New-Childrens-Money-Back-Plan1.jpg\" alt=\"LIC New Children\u2019s Money Back Plan\" width=\"810\" height=\"391\" srcset=\"https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-New-Childrens-Money-Back-Plan1.jpg 810w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-New-Childrens-Money-Back-Plan1-300x145.jpg 300w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-New-Childrens-Money-Back-Plan1-768x371.jpg 768w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-New-Childrens-Money-Back-Plan1-750x362.jpg 750w\" sizes=\"(max-width: 810px) 100vw, 810px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">The majority of parents work hard to give their kids the best opportunities possible so they can succeed in life since children are the legacy of our society.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">A special plan from LIC called the <\/span><a href=\"https:\/\/policyadda-blogs.s3.ap-south-1.amazonaws.com\/policyadda\/wp-content\/uploads\/2022\/12\/23092911\/Final-Policy-Doc_-LICs-New-CMB-1.pdf\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400\">New Child&#8217;s Money Back Plan<\/span><\/a><span style=\"font-weight: 400\"> was created to meet all of the needs of growing kids, including their schooling, wedding, and other expenses.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">In addition to providing children with risk coverage, this contributing, non-linked money-returned scheme also provides survival advantages.<\/span><\/p>\n<p><b>Entry Age: <\/b><span style=\"font-weight: 400\">0 to 12 Years<\/span><\/p>\n<p><b>Policy Terms: <\/b><span style=\"font-weight: 400\">25 Years<\/span><\/p>\n<p><b>Maturity Age: <\/b><span style=\"font-weight: 400\">25 Years<\/span><\/p>\n<p><b>Sum Assured: <\/b><span style=\"font-weight: 400\">Min 1 Lakhs to No Limit<\/span><\/p>\n<p><b>Benefits:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">All accrued bonuses throughout this period, as well as a <\/span><span style=\"font-weight: 400\">maturity benefit<\/span><span style=\"font-weight: 400\"> equal to the sum assured, will be paid.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">At specific age milestones, a <\/span><span style=\"font-weight: 400\">survival reward equal to 20%<\/span><span style=\"font-weight: 400\"> of the basic sum promised will be given.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Policyholders are qualified to share in LIC&#8217;s profits and get bonuses as a result.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Under this LIC policy, one may <\/span><span style=\"font-weight: 400\">apply for a loan,<\/span><span style=\"font-weight: 400\"> which will assist them <\/span><span style=\"font-weight: 400\">in covering crises<\/span><span style=\"font-weight: 400\">.<\/span><\/li>\n<\/ul>\n<h2><b>LIC Jeevan Tarun Plan<\/b><\/h2>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-328 size-full\" src=\"https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Tarun-Plan1.jpg\" alt=\"LIC Jeevan Tarun Plan\" width=\"810\" height=\"391\" srcset=\"https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Tarun-Plan1.jpg 810w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Tarun-Plan1-300x145.jpg 300w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Tarun-Plan1-768x371.jpg 768w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Tarun-Plan1-750x362.jpg 750w\" sizes=\"(max-width: 810px) 100vw, 810px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">A constrained premium payment plan is<\/span><a href=\"https:\/\/policyadda-blogs.s3.ap-south-1.amazonaws.com\/policyadda\/wp-content\/uploads\/2022\/12\/23093043\/Final-Policy-doc-LIC-s-Jeevan-Tarun.pdf\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400\"> LIC Jeevan Tarun<\/span><\/a><span style=\"font-weight: 400\"> provides kids with both life protection and savings benefits. This LIC policy is best for youngsters.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The plan has been specifically created to meet the economical and educational needs of developing youngsters.<\/span><\/p>\n<p><b>Entry Age: <\/b><span style=\"font-weight: 400\">90 Days to 12 Years<\/span><\/p>\n<p><b>Policy Terms: <\/b><span style=\"font-weight: 400\">25 Years<\/span><\/p>\n<p><b>Maturity Age: <\/b><span style=\"font-weight: 400\">25 Years<\/span><\/p>\n<p><b>Sum Assured: <\/b><span style=\"font-weight: 400\">Min 75,000 to No Limit<\/span><\/p>\n<p><b>Benefits:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Death benefits<\/span><span style=\"font-weight: 400\"> and<\/span><span style=\"font-weight: 400\"> survival benefits<\/span><span style=\"font-weight: 400\"> are available with this LIC Policy<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">A specified proportion of the <\/span><span style=\"font-weight: 400\">cash insured will be paid upon maturity<\/span><span style=\"font-weight: 400\"> if the life guaranteed survives the policy term. The table below explains the fixed percentages for the various options.<\/span><\/li>\n<\/ul>\n<table>\n<tbody>\n<tr>\n<td><b>MATURITY AGE<\/b><\/td>\n<td><b>OPTION 1<\/b><\/td>\n<td><b>OPTION 2<\/b><\/td>\n<td><b>OPTION 3<\/b><\/td>\n<td><b>OPTION 4<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">25 years<\/span><\/td>\n<td><span style=\"font-weight: 400\">100%<\/span><\/td>\n<td><span style=\"font-weight: 400\">75%<\/span><\/td>\n<td><span style=\"font-weight: 400\">50%<\/span><\/td>\n<td><span style=\"font-weight: 400\">25%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><b>LIC Bima Jyoti Plan<\/b><\/h2>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-329 size-full\" src=\"https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Bima-Jyoti-Plan1.jpg\" alt=\"LIC Bima Jyoti Plan\" width=\"810\" height=\"391\" srcset=\"https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Bima-Jyoti-Plan1.jpg 810w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Bima-Jyoti-Plan1-300x145.jpg 300w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Bima-Jyoti-Plan1-768x371.jpg 768w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Bima-Jyoti-Plan1-750x362.jpg 750w\" sizes=\"(max-width: 810px) 100vw, 810px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">This<\/span><a href=\"https:\/\/policyadda-blogs.s3.ap-south-1.amazonaws.com\/policyadda\/wp-content\/uploads\/2022\/12\/23093124\/Logo-Policy-document-LIC-s-Bima-Jyoti-dt-24122021.pdf\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400\"> LIC Bima Jyoti children plan<\/span><\/a><span style=\"font-weight: 400\"> is an investment insurance contract that provides death compensation for the family in the event of the policyholder&#8217;s passing as well as a fixed payout at maturity. When the policy expires, the policyholder can use this sum, plus any bonuses, to pay for their children&#8217;s education.<\/span><\/p>\n<p><b>Entry Age: <\/b><span style=\"font-weight: 400\">90 Days to 60 Years<\/span><\/p>\n<p><b>Policy Terms: <\/b><span style=\"font-weight: 400\">15-20 Years<\/span><\/p>\n<p><b>Maturity Age: <\/b><span style=\"font-weight: 400\">18 Years<\/span><\/p>\n<p><b>Sum Assured: <\/b><span style=\"font-weight: 400\">Min 1 Lakhs to No Limit18 Years<\/span><\/p>\n<p><b>Benefits:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Given the <\/span><span style=\"font-weight: 400\">advantages of insurance and savings<\/span><span style=\"font-weight: 400\"> used together, this can function as a LIC kid plan.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The <\/span><span style=\"font-weight: 400\">Maturity benefit<\/span><span style=\"font-weight: 400\"> may be paid to policyholders in monthly or quarterly or half-yearly or annual increments. Payments can be made in instalments for a child&#8217;s housing or tuition.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Up to the policy&#8217;s maturity, <\/span><span style=\"font-weight: 400\">guaranteed increases are added to the sum promised each year.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The date of the policy&#8217;s maturity can be set by the policyholder to coincide with significant events in their child&#8217;s life. In this manner, LIC Bima Jyoti can provide a certain amount every month to cover their children&#8217;s unexpected requirements.<\/span><\/li>\n<\/ul>\n<h2><b>Best LIC Policies For Women&#8217;s 2023<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Women&#8217;s insurance policies have been made available by LIC, one of the best and most reputable life insurance providers.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The LIC insurance for women is set up to take care of a woman&#8217;s interests even though she isn&#8217;t an experienced professional in the market.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Here is a list of the Best LIC Policies for women.<\/span><\/p>\n<h2><b>LIC Aadhaar Shila<\/b><\/h2>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-330 size-full\" src=\"https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Aadhaar-Shila1.jpg\" alt=\"LIC Aadhaar Shila\" width=\"810\" height=\"391\" srcset=\"https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Aadhaar-Shila1.jpg 810w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Aadhaar-Shila1-300x145.jpg 300w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Aadhaar-Shila1-768x371.jpg 768w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Aadhaar-Shila1-750x362.jpg 750w\" sizes=\"(max-width: 810px) 100vw, 810px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">\u00a0The <\/span><a href=\"https:\/\/policyadda-blogs.s3.ap-south-1.amazonaws.com\/policyadda\/wp-content\/uploads\/2022\/12\/23093607\/Final-Policy-Doc_LIC-s-Aadhaar-Shila-1.pdf\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400\">Aadhar Shila policy<\/span><\/a><span style=\"font-weight: 400\">, which is only available to women is a mixture of protection and savings that offers financial support to the family in the event of the policyholder&#8217;s untimely death at any stage before maturity.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Additionally, the policyholder receives a lump sum payment upon maturity as compensation for surviving.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Through its auto coverage and loan facility, this LIC policy also addresses the requirement for liquidity.<\/span><\/p>\n<p><b>Entry Age: <\/b><span style=\"font-weight: 400\">8 to 55 Years<\/span><\/p>\n<p><b>Policy Terms: <\/b><span style=\"font-weight: 400\">10 to 20 Years<\/span><\/p>\n<p><b>Maturity Age: <\/b><span style=\"font-weight: 400\">70 Years<\/span><\/p>\n<p><b>Sum Assured: <\/b><span style=\"font-weight: 400\">75,000 to 3 Lakhs<\/span><\/p>\n<p><b>Benefits<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The policyholder will receive a lump of the amount after surviving the maturity period.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The death benefit <\/span><span style=\"font-weight: 400\">will be paid to the beneficiary after the demise of the policyholder, and the amount of insurance sum and any applicable loyalty enhancement are paid to the beneficiary of the policy if the person assured passes away after the completion of the five years policy terms but before the date of maturity.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Loyalty benefits, Tax benefits<\/span><span style=\"font-weight: 400\">, and <\/span><span style=\"font-weight: 400\">surrender benefits<\/span><span style=\"font-weight: 400\"> are also available in this LIC policy.<\/span><\/li>\n<\/ul>\n<h2><b>LIC Jeevan Bharti<\/b><\/h2>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-331 size-full\" src=\"https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Bharti1.jpg\" alt=\"LIC Jeevan Bharti\" width=\"810\" height=\"391\" srcset=\"https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Bharti1.jpg 810w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Bharti1-300x145.jpg 300w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Bharti1-768x371.jpg 768w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-Jeevan-Bharti1-750x362.jpg 750w\" sizes=\"(max-width: 810px) 100vw, 810px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">The <\/span><a href=\"https:\/\/policyadda-blogs.s3.ap-south-1.amazonaws.com\/policyadda\/wp-content\/uploads\/2022\/12\/23093725\/Sales-Brochure_192.pdf\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400\">Jeevan Bharti Plan<\/span><\/a><span style=\"font-weight: 400\"> from LIC is a special product created for women and tailored to meet their needs. The plan can be altered as necessary by the policyholder.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">This product is excellent for the lady who wants to guarantee her future because it has the opportunity to include riders, which increases its worth.<\/span><\/p>\n<p><b>Entry Age: <\/b><span style=\"font-weight: 400\">18- 55 Years<\/span><\/p>\n<p><b>Policy Terms: <\/b><span style=\"font-weight: 400\">20 Years<\/span><\/p>\n<p><b>Maturity Age: <\/b><span style=\"font-weight: 400\">70 Years<\/span><\/p>\n<p><b>Sum Assured: <\/b><span style=\"font-weight: 400\">50,000 to 25 Lakhs<\/span><\/p>\n<p><b>Benefits:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Death benefit and survival benefits<\/span><span style=\"font-weight: 400\"> available in this LIC policy<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">You can also add on additional <\/span><span style=\"font-weight: 400\">accidental benefits for the rider.<\/span><\/li>\n<\/ul>\n<h2><b>LIC New Jeevan Anand Plan<\/b><\/h2>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-332 size-full\" src=\"https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-New-Jeevan-Anand-Plan1.jpg\" alt=\"LIC New Jeevan Anand Plan\" width=\"810\" height=\"391\" srcset=\"https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-New-Jeevan-Anand-Plan1.jpg 810w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-New-Jeevan-Anand-Plan1-300x145.jpg 300w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-New-Jeevan-Anand-Plan1-768x371.jpg 768w, https:\/\/www.policyadda.com\/blog\/wp-content\/uploads\/2022\/12\/LIC-New-Jeevan-Anand-Plan1-750x362.jpg 750w\" sizes=\"(max-width: 810px) 100vw, 810px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">This is another excellent option for women is the <\/span><a href=\"https:\/\/policyadda-blogs.s3.ap-south-1.amazonaws.com\/policyadda\/wp-content\/uploads\/2022\/12\/23093820\/Final-Policy-Doc_New-Jeevan-Anand.pdf\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400\">LIC New Jeevan Anand<\/span><\/a><span style=\"font-weight: 400\">. Speaking of the LIC Jeevan series, this plan&#8217;s ability to offer both savings and security makes it a popular option.<\/span><\/p>\n<p><b>Entry Age: <\/b><span style=\"font-weight: 400\">18 to 50 Years<\/span><\/p>\n<p><b>Policy Terms:<\/b><span style=\"font-weight: 400\"> 15 to 35 Years<\/span><\/p>\n<p><b>Maturity Age: <\/b><span style=\"font-weight: 400\">75 Years<\/span><\/p>\n<p><b>Sum Assured: <\/b><span style=\"font-weight: 400\">Min 1 Lakhs to No Limit<\/span><\/p>\n<p><b>Benefits<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The policy provides a dual <\/span><span style=\"font-weight: 400\">benefit of savings and financial security <\/span><span style=\"font-weight: 400\">in the event of the policyholder&#8217;s death.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Death benefit and maturity benefit<\/span><span style=\"font-weight: 400\"> are available with a sum assured and an additional bonus after maturity will be received by the policyholder.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">This <\/span><span style=\"font-weight: 400\">policy can be purchased<\/span><span style=\"font-weight: 400\"> hassle-free <\/span><span style=\"font-weight: 400\">online<\/span><span style=\"font-weight: 400\"> as well.<\/span><\/li>\n<\/ul>\n<p>Also, Read <a href=\"https:\/\/www.homebazaar.com\/knowledge\/home-loan-insurance\/\" rel=\"nofollow noopener\" target=\"_blank\">What Is Home Loan Insurance And Why It Is So Important?<\/a><\/p>\n<h2><b>FAQs<\/b><\/h2>\n<table>\n<tbody>\n<tr>\n<td><b>Which LIC policy is best for a middle-class family?<\/b><\/p>\n<p><span style=\"font-weight: 400\">New Jeevan Anand Policy is one of the best LIC policies offered which can support your family through any crises in the family.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Which LIC plan is best for saving?<\/b><\/p>\n<p><span style=\"font-weight: 400\">LIC Jeevan Umang, LIC Bima Ratna, and LIC Jeevan Labh are the few best LIC plans for saving.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Does LIC give good returns?<\/b><\/p>\n<p><span style=\"font-weight: 400\">LIC Policy has an average settlement ratio of 98% which is good returns.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Is it worth buying a LIC policy?<\/b><\/p>\n<p><span style=\"font-weight: 400\">LIC plans give adequate benefits to protect your finances after your demise, but they do not generate adequate profits to allow asset growth. As a result, you ought to think about making investments in various financial products that serve diverse requirements.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Life insurance is essential to living a secure and happy life. Many people in India would view it as an additional expense. But, it can provide your family members or loved ones with the necessary financial stability in the event of your passing. Check out the article with the best LIC Policies to invest in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":228,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[49],"tags":[113,114,115,116,117],"_links":{"self":[{"href":"https:\/\/www.policyadda.com\/blog\/wp-json\/wp\/v2\/posts\/211"}],"collection":[{"href":"https:\/\/www.policyadda.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.policyadda.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.policyadda.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.policyadda.com\/blog\/wp-json\/wp\/v2\/comments?post=211"}],"version-history":[{"count":3,"href":"https:\/\/www.policyadda.com\/blog\/wp-json\/wp\/v2\/posts\/211\/revisions"}],"predecessor-version":[{"id":333,"href":"https:\/\/www.policyadda.com\/blog\/wp-json\/wp\/v2\/posts\/211\/revisions\/333"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.policyadda.com\/blog\/wp-json\/wp\/v2\/media\/228"}],"wp:attachment":[{"href":"https:\/\/www.policyadda.com\/blog\/wp-json\/wp\/v2\/media?parent=211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.policyadda.com\/blog\/wp-json\/wp\/v2\/categories?post=211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.policyadda.com\/blog\/wp-json\/wp\/v2\/tags?post=211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}