{"id":8985,"date":"2018-07-10T15:35:23","date_gmt":"2018-07-10T10:05:23","guid":{"rendered":"https:\/\/www.antworksmoney.com\/blog\/?page_id=8985"},"modified":"2021-08-26T14:19:06","modified_gmt":"2021-08-26T08:49:06","slug":"best-lic-plans-in-india","status":"publish","type":"post","link":"https:\/\/www.antworksmoney.com\/blog\/best-lic-plans-in-india\/","title":{"rendered":"Best LIC Plans in India"},"content":{"rendered":"

Life is a precious gift which needs to be cherished and protected. In this world of mortals, death is inevitable, but there are ways to soften this blow, ensuring that the life of our loved ones is not affected if something happens to us. Life insurance is perhaps the best way to protect not only yourself, but also your near and dear, and life insurance in India is often synonymous with LIC. The largest insurance provider in the country, LIC offers a range of schemes to meet your requirement, with each plan catering to different needs. Choosing the right policy can be hard, but it is crucial that one spends some time to figure out what is needed, ensuring that he\/she can lead a peaceful life.<\/p>\n

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Comparison of Top 5 LIC Plans in India<\/h2>\n\n\n\n\n\n\n\n\n
<\/td>\nLIC Jeevan Anand<\/strong><\/td>\nLIC E-term Plan<\/strong><\/td>\nJeevan Ankur<\/strong><\/td>\nNew Endowment Plan<\/strong><\/td>\nNew Bima Bachat<\/strong><\/td>\n<\/tr>\n
Type of plan<\/strong><\/td>\nEndowment + Whole life<\/td>\nOnline term assurance<\/td>\nConventional with added profits<\/td>\nParticipating non-linked plan<\/td>\nParticipating non-linked savings plus protection<\/td>\n<\/tr>\n
Maturity benefit<\/strong><\/td>\nYes<\/td>\nNo<\/td>\nYes<\/td>\nYes<\/td>\nYes<\/td>\n<\/tr>\n
IT Benefits<\/strong><\/td>\nYes<\/td>\nYes<\/td>\nYes<\/td>\nYes<\/td>\nYes<\/td>\n<\/tr>\n
Death benefit<\/strong><\/td>\nSum assured + bonuses<\/td>\nSum assured<\/td>\nSum assured + income benefit<\/td>\nSum assured + bonuses<\/td>\nSum assured + loyalty addition<\/td>\n<\/tr>\n
Entry Age<\/strong><\/td>\nMin \u2013 18 years<\/p>\n

Max \u2013 65 years<\/td>\n

Min \u2013 18 years<\/p>\n

Max \u2013 60 years<\/td>\n

For life assured: Min -18 years<\/p>\n

Max -50 years<\/p>\n

For child:<\/p>\n

Min \u2013 0 years<\/p>\n

Max \u2013 17 years<\/td>\n

Min \u2013 8 years<\/p>\n

Max \u2013 55 years<\/td>\n

Min \u2013 15 years<\/p>\n

Max -66 years for 9 year term,<\/p>\n

63 years for 12 year term and 60 years for 15 year term<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Top plans offered by LIC<\/h2>\n
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LIC has life insurance plans under multiple headings, ranging from endowment plans to money back and term assurance plans. Each plan is unique and caters to different individuals, making it a hard task to choose the perfect plan for you. Listed below are 5 of the top LIC plans for investment in the country.<\/p>\n

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  1. LIC Jeevan Anand:<\/strong>A combination of whole life plans and endowment assurance, LIC\u2019s Jeevan Anand offers financial protection against death. Multiple premium options and bonuses make it ideal for those looking to get the best out of their money, both in life and after death.Features and benefits<\/strong>\n

    This plan offers a range of benefits to policyholders, a few of which are highlighted below.<\/p>\n