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LIC's new plan: Insurance cover up to Rs 5 crore, with great features and more benefits
News Update | August 12, 2024 4:24 PM CST

LIC Launched New Plan : The country's largest insurance company LIC has brought a big good news for its policyholders.

LIC is benefiting people with its excellent policies. LIC policies are proving to be a boon for people. People have a lot of faith in LIC. In many plans, investors get returns without any risk.

That means the money remains safe. LIC has brought great good news for the people. Let's know about it in detail. The country's largest insurance company LIC has brought great good news for its policyholders.

The insurance company has also launched new term life insurance plans which include LIC Yuva Term, LIC Yuva Credit Life, LIC Digi Credit Life, LIC DDI Term.

You can buy these plans of LIC both online and offline. Under all the new schemes, the minimum age of entry is 18 years and the maximum is 45 years. The minimum basic amount is Rs 50 lakh and the maximum is Rs 5 crore.

Plans to cover loan liabilities

LIC has launched term insurance schemes to cover loan liabilities such as home education and auto. Under Yuva Term and Digi Term schemes, the minimum age at maturity is 33 years and the maximum age is 75 years.

The specialty of this scheme is that it offers great discounts on higher sum assured. Along with this, women also get the benefit of special low premium rates.

For those availing this life insurance, the minimum age of maturity has been fixed at 23 years and the maximum at 75 years.

The speciality of this scheme also includes a suitable loan interest rate for the policyholder at the inception of the policy.

Bangladesh office will be locked

Let us tell you that the coup in Bangladesh has affected the LIC office. The Bangladesh office will remain closed till August 7. The Indian life insurance company LIC has also informed the stock market.

Due to the current political-social situation in Bangladesh, the office of LIC Bangladesh Limited will remain closed from August 5, 2024 to August 7.

For information, let us tell you that on Tuesday, the rate of LIC stock on BSE closed at Rs 1082 with a decline of 3% compared to the previous rate.


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