Life Insurance Products
Term Life Insurance
Life Insurance in the most affordable form and plans fall under this category. In comparison to other life insurance products it is quite affordable.
Under the circumstances of an unfortunate demise during the policy term, Nominees will receive the ‘Sum Assured’ by the policy.
Whole Life Policy
This kind of policy covers an individual’s finance for an entire life span . This type of insurance covers both insurance and investment components.
The insurance part covers the nominee in the case of death of the policyholder and the investment component helps the holder to borrow or withdraw the finance.
Endowment Plan
Endowment Plan differs from term plans in the case of Maturity Benefits.
In case of both circumstances – death & survival, this type of plan pays the sum assured accompanied with profits. Investment in equities & debt help to receive profit in such plans.
Unit Linked Insurance Plans (ULIPs)
As the name suggests, this plan is linked to the market place.
This type of plan is a variant of traditional endowment plan and pays out a certain sum assured on death or maturity, whichever is earlier.
Money Back Policy
This type of policy gives out periodic payments over the policy term.
Incase of the death of the policy holder, the beneficiaries get the full sum assured and if the holder survives the policy term, they gets the balance amount along with the sum assured.
Pension Plan
Pension during your old age. These policies are most suited for senior citizens and those planning a secure future, so that you never give up on the best things in life.
| Sr. No. | Product Name | Plan No. | UIN No. |
| 1 | “Pradhan Mantri Vaya Vandana Yojana “ | 856 | 512G336V01 |
| 2 | LIC’s Jeevan Akshay – VII | 857 | 512N337V01 |
| 3 | LIC’s New Jeevan Shanti | 858 | 512N338V01 |
| 4 | LIC’s Saral Pension | 862 | 512N342V01 |
