Life Insurance Corporation of India (LIC) has launched two new insurance plans for its customers. The objective of these plans is to ensure family security and provide the possibility of good returns on investment. LIC says that both these schemes will prove to be attractive options for customers in terms of financial security and long-term returns.
The first plan has come with the name “LIC Security and Investment Plan”. This scheme mainly focuses on the financial security of the family. Under the plan, if the policyholder dies suddenly, his family receives the benefit amount and bonus. Apart from this, the policyholder also gets assured returns on investment in the long term. LIC claims that this plan is suitable for those who prioritize the safety of their family and also want returns on their savings.
The second plan “LIC Return Maximizer Plan” is mainly for investors. In this scheme, customers get the opportunity to get high returns in the long term. Policyholders can invest as per their monthly premium and receive the bonus and capital amount at the end of the plan term. LIC said that this scheme has been designed keeping in mind low risk and assured returns.
Insurance experts say that these plans offered by LIC provide a balance of both financial security and investment. He said that in the current economic situation, such plans are very important, because people want to increase their savings along with the security of their family.
Customers can apply for these schemes through LIC branches or online portal. LIC also clarified that the premium payment facility in both these schemes is very simple and flexible, so that people of every income group can avail it.
Overall, these new plans from LIC offer family protection, long-term investments and assured returns. Experts believe that such schemes will prove to be very useful for customers in terms of financial stability and future security.
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