Life insurance is needed to provide financial protection for your loved ones in case of your untimely death, ensuring they are supported, debts are covered, and future expenses are taken care of. It offers peace of mind and a safety net during challenging times.
LIC (Life Insurance Corporation of India) offers various life insurance plans to cater to different needs and goals. some of the popular LIC insurance plans included:
1. LIC New Endowment Plan
5. LIC Single Premium Endowment Plan
8. LIC Money Back Plans (e.g., LIC New Money Back Plan 20 years)
9. LIC Child Plans (e.g., LIC Jeevan Tarun)
10. LIC Pension Plans (e.g., LIC Jeevan Shanti)
11. LIC Jeevan Kiran