Which is the best LIC policy for 15 years?

Which is the best LIC policy for 15 years?

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’s new children’s Money Back Plan?

The LIC New Children’s’ Money Back plan offers survival benefit, maturity benefit and death benefit. The policy period is on the premise of the maturity age that is 25 years of age minus the age of entry. For instance, when the age of entry is 9 years then the period will be 25-9= 16 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 is the best policy for girl child in India?

List of 10 Best Investment Plans for a Girl Child in India 2022

  • Sukanya Samriddhi Yojana (SSY)
  • Children Gift Mutual Fund.
  • National Savings Certificate (NSC)
  • Post-Office Term Deposit (POTD)
  • Unit Linked Insurance Plan (ULIP)
  • Systematic Investment Plan (SIP)
  • Post-Office Recurring Deposit.
  • Public Provident Fund (PPF)

What is the best LIC policy for girl child?

The parent can pick the one that best suits their needs and requirements and the one they believe would be best for their child. A few LIC policies for the girl child in India are mentioned as follows: LIC Jeevan Tarun. LIC Jeevan Labh….Eligibility:

ยท Premium Paying Term 8 years 20 years

Is Jeevan Tarun good in LIC?

The plan has been well customized with eligibility for bonus additions to help the fund grow and waiver of premium benefit rider to give protection for child’s future if the proposer of the policy dies during payment paying term. Overall, it is a good and well-designed child benefit endowment plan.

Which child policy is best in India?

HDFC Life Youngstar Super Premium Plan This is the best kid’s policy that offers investment options and insurance coverage. This unit-linked plan can be used at various stages of your child, including higher education, marriage, etc.

What is child education plan?

A Child Education Plan is an insurance plan that helps you protect your savings and safeguard your child’s future. The plan provides you with options to invest your savings and then use them for your child’s education, in parts or one single withdrawal.

What is 834 plan in LIC?

LIC’s Jeevan Tarun (Table No: 834) is children money back plan which is specially designed for securing children education. This plan gives options to choose survival benefit and helps to ensure financial requirements of child education from 20 to 25 years of child age.