Best LIC policies to invest! : If you are looking to invest your money somewhere safety, then investing in the LIC policy must be your choice. Investing in LIC with trusted brand is very important and it is also suggested to read all the documents carefully before investing into the brand. Here are some of the policies one can choose with a guarantee of their safe money investment.
- LIC Jeevan Akshay VI: This policy is the single premium immediate Annuity Plan where the person investing under this plan needs to pay an amount as a form on non- unit linked pension plan. This plan is beneficial for those who are looking for a long time investment. Under this plan, one must pay money annually as a form of fixed amount. There are certain rules and regulations to be followed under this LIC plan. Those interested in this plan must read the entire related columnist carefully and then go ahead with investing. The money invested under this plan gives fruitful benefits for long time. Certain death and maturity benefits are also processed under this plan.
- LIC e-term Plan: the LIC e-term policy is very much like the cover policy where one can be secured with financial protection to the insured family in case there is any unfortunate death in the family. Under this policy, the regular premium of the non-participating is benefited. Moreover, this plan can purely be called as the On-line tern assurance policy. The term of the insurance will be available through the on-line application and the best part is no agent is required in middle. The insurer himself agrees to pay a certain amount of money to be claimed on his/her sudden death while continuing the policy term. The factor to note under this policy is that if the insurer survives till the end of the policy terms, nothing will be pared. So the ones interested in this plan must be very carefully with all the rules and regulations before going ahead with the policy plan.
- LIC New Children’s Money back plan: The LIC New Children’s Money back policy was launched in the year 2015 in March 4th. According to this policy, the person will get a non-linked profit regular premium payment policy when he/her can get the money to meet any of the educational, marriage or other important needed of the growing children. It is all the way a beneficiary one but this plan has certain risk factor as form of cover to the insured child during the entire policy termination period. It would be better to call this as saving cum the protection plan for the growing children. However, all the documents must be carefully understood and read before going ahead under this policy.
- LIC Jeevan Anand Plan: the LIC Jeevan Anand plan is an endowment plan which is a non-linked form. Under this plan the person will get the dual benefit of both savings and protection together. The major attraction of this plan is investing the money with great benefits. The major plus point of this policy plan is that even once the policy gets to terminate, the life coverage of the plan keeps on continuing till the death of the holder of the policy. This is a brilliant benefit found under this type of policy. Moreover, the endowment plan along with the whole life plan under this gets the extra income tax benefits.
- LIC Jeevan Saral: the LIC Jeevan Saral policy is an endowment plan which has lots of flexibilities. Under this plan, the UNIT LINKED INSURANCE PLAN ULIPs are benefited with excellent features of the plan of the policy. It is the traditional plan where the insurance gives double death benefit to the um assured plans to return of the premium. Those interested in this policy however must read the documents and other related details carefully. Choose your policy plan and go ahead with safe and secure investment.
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