Whenever it comes to buying an insurance policy in India, the name Life Insurance Corporation of India or LIC comes to the top of his mind. LIC is India’s most trusted insurance company, due to which people prefer to get their insurance from LIC. LIC takes care of the needs of all the people and comes up with insurance plans for all ages and all categories of people.
LIC’s plans provide an insurance as well as a safe investment option to the people and it has been seen many times that LIC’s insurance plans give investors better returns than post office and bank FDs. Today we are going to talk about one such policy of LIC. The name of this policy is LIC’s Jeevan Labh Policy, which is also very popular among investors.
What is LIC Jeevan Labh Policy?
LIC’s Jeevan Labh policy is a limited premium paying, non-linked, with-profits endowment plan, which provides protection as well as savings benefits to the insured.
