Table of Contents
Which LIC policy is best for 26 year old?
Best LIC Plans List for 2022
| LIC Policies | Plan Type | Policy Term |
|---|---|---|
| LIC Jeevan Umang | Whole Life Insurance | 100 years minus(-) the age at entry |
| LIC Jeevan Amar | Term Assurance Plan | 10 years-40 years |
| LIC Money Back 25 years | Money Back Policy | 25 years |
| LIC New Jeevan Anand | Endowment Plan | 15 years-35 years |
What is the best LIC policy for boy child?
LIC Jeevan Tarun is a non-linked participating limited premium payment plan, which offers the combined benefit of savings and life protection features for children….Eligibility Details.
| Minimum | Maximum | |
|---|---|---|
| Maturity Age | – | 25 years |
| Policy Term | 25 years – the entry age of the child | |
| Sum Assured | Rs.1 lakh | No limit |
What is Fab LIC?
Final Additional Bonus (FAB) is a one-time additional bonus, which is paid along with the maturity amount. It is an additional one-time bonus along with the simple reversionary bonus and added to the policy account.
Which is the best LIC policy for a 27 year old?
Options for an LIC policy for a 27 year old include LIC Jeevan Saral, LIC Jeevan Anand and LIC Jeevan Shree. LIC Jeevan Saral Plan is an endowment plan which comes with a lot of flexibilities which is usually available with ULIP or a unit linked insurance plan. The key features of this LIC policy for a 27 year old include:
What is the age calculator for LIC?
LIC Age Calculator. Age for the most of the LIC policies are considered according to nearest birthday, for example, if a person is 26 Years, 5 Months and 23 Days old then his/her age will be counted as 26 years but if it is 26 Years, 6 Months and 23 Days, then his/her age will be counted as 27 years.
Why should you buy LIC plans for 5 years?
Keeping the requirements of different customers in mind, LIC plans offer flexibility in many of its product. Moreover, there are many LIC plans for 5 years, which is specifically designed for insurance buyers who prefer a short-term insurance plan. LIC plans for 5 years offer various different benefits to the customers.
What is LIC Bhagya Lakshmi plan for 5 years?
Let’s take a look at Micro Insurance LIC Policy for 5 years in details. LIC Bhagya Lakshmi Plan is a limited payment protection plan, which offers a return of 110\% of the total amount of premium payable on maturity. The premium paying tenure of the policy is 2 years less than the policy tenure.