Which policy plan is best?
Table of Contents
Which policy plan is best?
Top 10 Life Insurance Policies in 2021
| Plan Name | Plan Type | Policy Term (Min/Max) |
|---|---|---|
| LIC’s Jeevan Pragati Plan | Endowment | 12 Years to 20 Years |
| Max Life Online Term Plan Plus Basic Life Cover | Term | 10 Years to 40 Years |
| ICICI Prudential iProtect Smart | Term | 10 years to 30 years |
| Bharti Axa Life Elite Secure | Term | 10 years to 25 years |
Is LIC a good insurance company for risk cover?
For risk cover one need a real term insurance and it is the best with LIC. If one has a long term goal like need to save for child education or marriage and if you intend to have a premium paying capacity for more than 15 years, then sure LIC has good plans and it will definitely serve the purpose.
How to choose the best LIC policy for your financial goals?
So, plan your financial goals and then find the best LIC policy which best suits your financial goals. Invest in any of the above-mentioned policies and enjoy the benefits which the policy promises. To buy LIC’s policies you can choose Turtlemint.
Is it a good idea to buy life insurance from LIC?
Life insurance is a very good idea. LIC is the largest life insurance firm in India. It makes good sense to buy from LIC – provided that you are buying a pure term insurance policy. (The premium is more than many private insurers, but you may feel safer with LIC.) For investments, you should not consider insurance policies, ever.
Which is the best LIC plan for child insurance?
LIC’s most popular child plan: LIC’s Jeevan Tarun Plan 1 There are four money back benefits to choose from 2 Bonuses help increase the plan benefits 3 There is an optional premium waiver benefit rider for an enhanced coverage 4 There are two types of premium rebates which help in lowering the premium amount.