Page 4 - Policy Term News Today

LIC’s Aadhaar Shila is a plan designed exclusively for female lives, which offers a combination of protection and savings. This plan provides financial support for the family in case of unfortunate death of the policyholder any time before maturity and a lump sum amount at the time of maturity for the surviving policyholder. In addition, this plan also takes care of liquidity needs through its Auto Cover as well as loan facility.

This is a non-participating, Unit Linked, Individual Pension Plan which helps to build a corpus of systematic and disciplined savings which can be converted into regular income by the purchase of an annuity plan on completion of the term.

The plan comes with a feature that allows policyholders to continue with their life covers even if they had to postpone premium payments.

Tata AIA Life Smart Value Income Plan provides several first time features along with best-in-class regular and consistent income options, enabling consumers to secure their financial future and create wealth for long-term goals, , Tata AIA Life Insurance

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A guaranteed income plan allows you to maximize your benefits irrespective of the ups and downs of the market.

LIC Jeevan Labh Policy: Invest Rs 262 per day to get Rs 20 lakh - Details inside - This policy comes with three terms. You can invest in this scheme with a maturity period of 16 years, 21 years, and 25 years.

This LIC Plan is basically an Employer-Employee Group Scheme and is best suited for employers having Defined Contribution as well as Defined Benefit Superannuation Scheme for their employees.

In June 2020, the Cabinet announced extension of Pradhan Mantri Vaya Vandana Yojana up to 31st March, 2023 for further period of three years beyond 31st March, 2020.

Excelsior Correspondent JAMMU, Dec 13: Life Insurance Corporation (LIC) of India has introduced a new plan Dhan Rekha from today which is a Non-Linked, Non-Participating, Individual Savings Life Insurance Plan. The product has various benefits and unique features. There are special premium rates for female Lives. Plan is allowed to Third Gender. All Benefits under the plan are fully guaranteed. Plan provides a percentage of the Basic Sum Assured as Survival Benefit at regular intervals starting ...