LIC: Discover 5 best insurance plans for long-term savings and security

If you want better returns and life security with less risk, then these 5 special policies of LIC can be good options for you. Investing in these not only gives you insurance protection but can also become a permanent source of income for a long time.

New Delhi: If you are an investor who likes to make safe investments, then we will tell you about the five best schemes of LIC. Your investment will be safe, and you can get good returns.

If you want better returns and life security with less risk, then these 5 special policies of LIC can be good options for you. Investing in these not only gives you insurance protection but can also become a permanent source of income for a long time.

Let’s know about the 5 best schemes of LIC that increase your savings with security.

LIC Jeevan Anand: If you want great life insurance on a low budget, this policy can be the right choice for you.
It can be started with just Rs 45 per day or Rs 1358 per month. With this policy, you can build a corpus of up to Rs 25 lakh in the future. The minimum tenure of this plan is 15 years, and on maturity, a lump sum amount is received along with the bonus.

LIC Jeevan Shiromani: Premium Plan for High Income People. This plan is especially for those who have a good income and want great returns with security. It is a non-linked life insurance plan where the investment period is short and the benefit period is long. In this plan, you can choose a sum assured of up to ₹1 crore. For example, if you are 30 years old and take a 20-year policy, you will have to pay a premium of about ₹7.59 lakh per year. The duration of the premium is 4 years, but the benefit will be available for a full 20 years.

LIC New Endowment Plan: This scheme is for those who focus more on investment than insurance. It offers both savings and security. In this plan, you get fixed returns and also a bonus is added. This is a low-risk plan that safeguards your savings. If you want a safe investment with assured returns, then this plan is perfect for you.

LIC Jeevan Umang: If you want your income to continue even after retirement, then this plan is the best option for you. After paying the premium in this plan, you get a guaranteed 8% moneyback every year. You will have this income for the rest of your life. If the policyholder dies, the family gets full insurance cover.

LIC Jeevan Tarun : If you are worried about your children’s education, marriage, or future financial needs, then this plan is especially for you. In this policy, the investment is made till the age of 25 years. In this plan, the child between the age of 20 to 25 years gets some amount (moneyback) every year and also gets a lump sum amount and bonus at the end.