Promise of a better future with these schemes of LIC, getting the benefit of higher interest

Public sector life insurance company Life Insurance Corporation of India has announced many new schemes in the year 2023.

Many benefits and attractive interest rates are being offered with these schemes. In this article, we are giving information about some of the best schemes of LIC-

Life Insurance Corporation of India has made new changes regarding the Jeevan Shanti Plan. The interest rates for this scheme have been increased. The new interest rate is effective from January 5, 2023. This is a single premium plan.

With the plan, the policyholder gets the option to choose between single and joint life deferred annuity.

LIC's Jeevan Azad is an individual and saving life insurance plan. Security and savings facilities are available with this plan. The scheme is a limited premium payment plan.

With the scheme, the family gets guaranteed support in case of any contingent event during the policy term. The scheme also guarantees a lump sum payment to the surviving insured on maturity.

LIC Jeevan Kiran (Plan No. 870) is a new scheme. This scheme was launched on 27 July 2023. LIC's Jeevan Kiran is an individual saving life insurance plan.

The minimum sum assured in the plan for minimum life coverage is Rs 15 lakh. The policy term can range from 10 to 40 years. The minimum premium for regular premium insurance is Rs 3000. Whereas for single premium policies, this amount is Rs 30,000.