Life Insurance Corporation of India News
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.
The Jeevan Umang plan from LIC provides your family with both income and protection. If you sign up for a LIC Jeevan Umang Policy at the age of 26 for a Rs 4.5 lakh insurance cover, you will pay roughly Rs 1,350 each month, or about Rs 45 per day. If the policyholder dies before reaching the age of 100, the nominee will get a lump sum payment.