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LIC's Products: Policies

  Pension Account
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LIC important Points
 What is Life Insurance?

I. Insurance Plans

As individuals it is inherent to differ. Each individual's insurance needs and requirements are different from that of the others. LIC's Insurance Plans are policies that talk to you individually and give you the most suitable options that can fit your requirement.

1.  Jeevan Arogya

2.  Bima Account Plans:

    a. Bima Account 1

    b. Bima Account 2

3. Endowment Plus

4. Children Plans

    a. Jeevan Anurag
    b. Komal Jeevan
    c. CDA Endowment Vesting At 21
    d. CDA Endowment Vesting At 18
    e. Marriage Endowment Or
    f. Educational Annuity Plan
    g. Jeevan Chhaya
    h. Jeevan Kishore
    i. Child Career Plan
    j. Child Future Plan
    k. Jeevan Ankur

5. Plans for Handicapped Dependents

    a. Jeevan Aadhar
    b. Jeevan Vishwas

6. Endowment Assurance Plans

    a. The Endowment Assurance Policy
    b. The Endowment Assurance Policy-Limited Payment
    c. Jeevan Mitra(Double Cover Endowment Plan)
    d. Jeevan Mitra(Triple Cover Endowment Plan)
    e. Jeevan Anand
    f. New Janaraksha Plan
    g. Jeevan Amrit
    h. Jeevan Vriddhi

7. Plans for High worth Individuals

    a. Jeevan Shree-I
    b. Jeevan Pramukh

8. Money Back Plans

    a. The Money Back Policy-20 Years
    b. The Money Back Policy-25 Years
    c. Jeevan Surabhi-15 Years
    d. Jeevan Surabhi-20 Years
    e. Jeevan Surabhi-25 Years
    f. Bima Bachat

9. Special Money Back Plan for Women

    Jeevan Bharati - I

10. Whole Life Plans

    a. The Whole Life Policy
    b. The Whole Life Policy- Limited Payment
    c. The Whole Life Policy- Single Premium
    d. Jeevan Anand
    e. Jeevan Tarang

11. Term Assurance Plans

    a. Two Year Temporary Assurance Policy
    b. The Convertible Term Assurance Policy
    c. Anmol Jeevan-I
    d. Amulya Jeevan-I

12. Joint Life Plans

    Jeevan Saathi

13. Decreasing Term Assurance to Cover Loan Repayment

    Mortgage Redemption

II. Pension Plans:

Pension Plans are Individual Plans that gaze into your future and foresee financial stability during your old age. These policies are most suited for senior citizens and those planning a secure future, so that you never give up on the best things in life.

1. Jeevan Akshay VI

III. Unit plans:

Unit plans are investment plans for those who realise the worth of hard-earned money. These plans help you see your savings yield rich benefits and help you save tax even if you don't have consistent income.

    1. Endowment Plus


IV. Special Plans:

LICís Special Plans are not plans but opportunities that knock on your door once in a
lifetime. These plans are a perfect blend of insurance, investment and a lifetime of

    1. Golden Jubilee Plan

        a. New Bima Gold

    2. Health Plan:

        a. Health Protection Plus

    3. Special Plan:

        a. Bima Nivesh 2005
        b. Jeevan Saral

    5. Micro Insurance Plans:

        a. Jeevan Madhur
        b. Jeevan Mangal


V. Group Scheme:

Group Insurance Scheme is life insurance protection to groups of people. This scheme is ideal for employers, associations, societies etc. and allows you to enjoy group benefits at really low costs.

    1. Group Scheme:

        a. Group Term Insurance Schemes
        b. Group Insurance Scheme in Lieu Of EDLI
        c. Group Gratuity Scheme
        d. Group Super Annuation Scheme
        e. Group Savings Linked Insurance Scheme
        f. Group Leave Encashment Scheme
        g. Group Mortgage Redemption Assurance Scheme
        h. Group Critical Illness Rider

    2. Social Security Scheme:

        a. JanaShree Bima Yojana (JBY)
        b. Shiksha Sahayog Yojana
        c. Aam Admi Bima Yojana


VI. Withdrawn Plans:

Jeevan Nischay
Market Plus I
Wealth Plus
Profit Plus
Jeevan Aastha
Money Plus-I
Jeevan Varsha
Child Fortune Plus
Fortune Plus
Jeevan Saathi Plus
Health Plus
Samridhi Plus
Pension Plus
Jeevan Nidhi
New Jeevan Dhara-I
New Jeevan Suraksha-I

Group Scheme

Group LIC's Superannuation Plus
Gratuity Plus