The minimum sum assured in the LIC New Jeevan Anand policy is Rs 1 lakh
On payment of single premium, the plan offers insurance cum investment cover throughout the term of the policy.
Micro insurances are a special category of life insurance created by Irdai that carry low premiums
The concession in late fee will help those who could not pay premiums due to job loss during the Covid-19 pandemic
LIC offers various types of riders such as critical illness, permanent disability, accidental death and waiver of premium riders
A lapsed policy may be revived by payment of the accumulated premiums with interest as well as giving the health requirements as required
The need of the hour is to plan and manage one's finances timely, as well as effectively