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LIC POLICY PREMIUM PAYMENT

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LIC India Plans – Complete Guide

LIC Term Insurance Plans

LIC Term Insurance Plans

LIC Term Insurance Plans

 

Pure protection plans that provide high life cover at affordable premiums.

  • ✅ High sum assured at low cost
     
  • ✅ Best for financial security of family
     
  • Popular Plans:
     
    • LIC Tech Term Plan
       
    • LIC Jeevan Amar

LIC Endowment Plans

LIC Term Insurance Plans

LIC Term Insurance Plans

 

Combination of insurance + savings. Offers lump sum amount at maturity or in case of death.

  • ✅ Guaranteed maturity benefits
     
  • ✅ Loan facility available
     
  • Popular Plans:
     
    • LIC New Endowment Plan
       
    • LIC Jeevan Labh

LIC Money Back Plans

LIC Term Insurance Plans

LIC Whole Life Plans

 

Plans where a percentage of the sum assured is paid at regular intervals.

  • ✅ Periodic survival benefits
     
  • ✅ Suitable for people needing liquidity
     
  • Popular Plans:
     
    • LIC New Money Back Plan (20/25 Years)
       
    • LIC Jeevan Tarun

LIC Whole Life Plans

LIC Pension / Retirement Plans

LIC Whole Life Plans

 

Coverage continues throughout the policyholder’s lifetime.

  • ✅ Lifelong protection (till 100 years)
     
  • ✅ Wealth creation for future generations
     
  • Popular Plans:
     
    • LIC Jeevan Umang

LIC Pension / Retirement Plans

LIC Pension / Retirement Plans

LIC Pension / Retirement Plans

 

Help in building a retirement corpus and ensuring a regular income post-retirement.

  • ✅ Lifetime annuity options
     
  • ✅ Secure retirement life
     
  • Popular Plans:
     
    • LIC Jeevan Shanti
       
    • LIC Jeevan Akshay VII

LIC Child Plans

LIC Pension / Retirement Plans

LIC Pension / Retirement Plans

 

Designed to secure a child’s future needs like higher education, marriage, etc.

  • ✅ Guaranteed financial support for child’s goals
     
  • ✅ Waiver of premium in case of parent’s death
     
  • Popular Plans:
     
    • LIC New Children’s Money Back Plan
       
    • LIC Jeevan Tarun

LIC ULIP Plans (Unit Linked Insurance Plans)

 

Insurance + market-linked investment option.

  • ✅ Investment in equity/debt funds
     
  • ✅ Life cover + wealth creation
     
  • Popular Plans:
     
    • LIC SIIP
       
    • LIC New Endowment Plus

Why Choose LIC Plans?

 


  • Government-owned and highly trusted brand
     
  • Wide range of plans for every financial need
     
  • Easy loan facility on many plans
     
  • Strong claim settlement ratio (98%+)
     
  • Over 65 years of service to policyholders

Conclusion

Conclusion

 LIC India offers plans suitable for everyone – whether you are looking for pure protection, guaranteed returns, child education, retirement planning, or wealth creation. Choosing the right LIC plan depends on your financial goals, age, and risk appetite. 

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