Retirement planning is one of the most crucial aspects of financial planning, and for working individuals, it often becomes a daunting challenge. Questions such as where to invest money, how much to invest, and how much pension will suffice dominate their thoughts. With the rising cost of living and uncertainty of future expenses, it’s essential … Read more
LIC Micro Bachat Plan 751 – Life Insurance Corporation of India (LIC) has always been at the forefront of providing innovative insurance plans tailored to the needs of diverse income groups. With its Micro Bachat Plan, LIC has introduced a revolutionary product catering specifically to individuals with modest financial means. Officially launched in November, this … Read more
LIC New Jeevan Shanti Plan 758 – The Life Insurance Corporation of India (LIC) has reintroduced its much-anticipated pension plan, the New Jeevan Shanti Plan (Table No. 758), effective from October 1, 2024. This plan, previously discontinued on September 30, 2024, has returned with enhanced features and benefits designed to cater to the needs of … Read more
LIC New Jeevan Amar Plan 955 has recently undergone significant modifications aimed at enhancing its appeal and flexibility for policyholders. As per Circular Ref: CO/PD/247 dated September 30, 2024, LIC announced changes to the policy’s structure, specifically regarding the Maximum Policy Term under the Increasing Sum Assured death benefit option (Option II). With these adjustments, … Read more
LIC Bima Shree Plan 748 – Following the IRDAI (Insurance Products) Regulations, 2024, along with the Master Circular on Life Insurance Products, 2024, and additional IRDAI directives, LIC has revised the Bima Shree plan. The updated version of LIC’s Bima Shree, previously Plan No. 948 (UIN: 512N316V02), is now assigned Plan No. 748 with a … Read more
LIC Jeevan Tarun Plan 734 – Life Insurance Corporation of India (LIC) recently introduced a modified version of its Jeevan Tarun Plan, providing a flexible savings and life insurance option aimed at securing the financial needs of children, especially for educational purposes. The following article explains the features, benefits, eligibility, and options under LIC Jeevan … Read more
In alignment with the IRDAI (Insurance Products) Regulations, 2024, and the IRDAI Master Circular on Life Insurance Products, the Life Insurance Corporation of India (LIC) has introduced a revised version of its New Money Back Plan-20 Years. The previous plan, identified as Plan No. 920 with Unique Identification Number (UIN) 512N280V02, has been officially withdrawn … Read more
LIC Jeevan Utsav Plan 771 – As of October 1, 2024, the Life Insurance Corporation of India (LIC) re-launched its popular Jeevan Utsav Plan with the updated plan number 771, introducing a range of benefits designed to offer policyholders comprehensive and lifetime insurance coverage. The LIC Jeevan Utsav Plan 771 addresses the essential need for … Read more
On October 14, 2024, LIC launched its revised Bima Jyoti Plan, (Plan No. 760). This policy, a non-linked, non-participating, limited premium paying plan, comes with enhanced guaranteed additions and life insurance coverage. Below, we explore the key features, eligibility criteria, benefits, modifications, and more. Also see: Which upcoming LIC plan will be launched on 18th … Read more
LIC New Jeevan Anand Plan 715, launched on 1st October 2024, is a non-linked, participating, life insurance plan designed for individual savings with a blend of protection. This plan is a modified version of its predecessor (Plan No. 915), with several new features aimed at enhancing family security and long-term benefits. Known for its slogan … Read more