LIC 7 Best Plans | LIC Best Plans in 2023

Hello friends Are you looking for the LIC best plans in 2023 to secure the future of you and your loved ones? Then you have come to the right place because today in this article we will know about the LIC 7 best plans for 2023, from which you can choose which LIC policy can help you secure your family’s future and which Policies can help you achieve your financial goals.

What are the LIC 7 best plans in India?

LIC 7 best plans 2023– Although there are many plans in LIC, which plan is the best for 2023? A lot of research has been done on this. We have taken these plans from four different categories of LIC, which are explained below.

• Single Premium/FD
• Pension Plan
• Term Insurance Plan
• Endowment Plan

LIC Single Premium Plan

From the category of LIC’s single premium plan, we have chosen the plan that has been launched by LIC recently; this plan is LIC’s Dhan Vriddhi plan. Let’s know about this plan.

#01. LIC Dhan Vriddhi Plan

LIC Dhan Vriddhi is a non-linked, for-profit endowment assurance plan that offers both savings and life insurance coverage. The plan offers guaranteed returns along with bonuses, thereby ensuring that your savings grow during the policy term. In case of the unfortunate death of the policyholder during the policy term, the plan provides the sum assured to the nominee. LIC Dhan Vridhi is an excellent option for individuals seeking long-term savings along with life coverage.

LIC Dhan Vriddhi Plan Details

LIC Dhan Vridhi Plan More Details

LIC Pension Plan

We have selected two schemes from the category of LIC Pension Plan, and both of these schemes have been highly appreciated by the people. Both of these schemes have been very popular because of their unique pension and whole life insurance. Both of these plans are known as the Jeevan Shanti Plan and the Jeevan Umang Plan of LIC. Let’s know about these two plans.

#02. LIC Jeevan Shanti Plan

LIC Jeevan Shanti is a unique pension plan that offers guaranteed returns and multiple annuity options to choose from. This plan provides a regular pension income to the policyholder after the chosen deferment period. The policyholders have the flexibility to choose between immediate and deferred annuity options based on their retirement needs. With LIC Jeevan Shanti, you can secure a steady stream of income during your golden years.

LIC Jeevan Shanti Plan Details

LIC Jeevan Shanti Plan More Details

#03. LIC Jeevan Umang Plan

LIC Jeevan Umang is a unique whole life insurance plan that offers coverage for the policyholder’s entire life. The plan provides survival benefits in the form of annual payouts even after the completion of the premium payment term. The policyholder also receives a lump sum amount at the end of the premium payment term, enhancing the financial security during retirement.

LIC Jeevan Umang Plan Details

LIC Term Insurance Plan

From the category of LIC Term Insurance Plans, we have selected a plan in which you can take advantage of more sum assured for a lower premium, and this plan has also been very popular. This plan is known as the LIC Jeevan Amar Plan. Let’s know about this Plan.

#04. LIC Jeevan Amar Plan

LIC Jeevan Amar is a non-linked, non-participating term insurance plan that provides financial protection to your family in case of an unfortunate event. It offers a high sum assured at an affordable premium, ensuring that your loved ones are secure even in your absence. Additionally, the plan allows policyholders to choose between a single premium payment or regular premium payment options based on their convenience.

LIC Jeevan Amar Plan Details

LIC Endowment Plan

From the category of LIC Endowment Plans, we have selected three plans. These three plans have been very popular due to their respective features: These three plans are known as the LIC Jeevan Labh, LIC Jeevan Lakshya, and LIC New Jeevan Anand Plans. Let’s know about this scheme.

#05. LIC Jeevan Labh Plan

LIC Jeevan Labh is a popular participating endowment plan that offers both life insurance protection and savings benefits. The policyholder receives a lump sum amount at the end of the policy term, along with accrued bonuses. The plan also provides financial protection to your family in the event of the policyholder’s unfortunate demise during the policy term. This dual benefit of investment and protection makes it an attractive option for those looking to secure their family’s future while building a corpus.

LIC Jeevan Labh Plan Details

LIC Jeevan Labh Plan More Details

#06 LIC Jeevan Lakshya Plan

LIC Jeevan Lakshya is a participating non-linked plan that provides an ideal combination of savings and protection. The policyholder receives regular annual income throughout the policy term, helping fulfill important milestones in life. In case of any unforeseen event during the policy term, the plan ensures financial security for your family by providing a lump sum amount and waiving future premiums. LIC Jeevan Lakshya is an excellent choice for individuals who wish to secure their family’s future and fulfill their dreams.

LIC Jeevan Lakshya Plan Details

LIC Jeevan Lakshya Plan More Details

#07 LIC New Jeevan Anand Plan

LIC New Jeevan Anand is a popular endowment plan that offers life insurance coverage throughout the life of the policyholder and maturity benefits at the end of the policy term. The plan offers both protection and savings, making it an excellent option for people looking for long-term financial security. In addition, the plan also participates in LIC’s bonus, which increases the overall maturity benefit.

LIC New Jeevan Anand Plan Details

To know more about all these plans visit the official website of LIC

Conclusion

As we embark on the journey of 2023, securing our future and protecting our loved ones should be top priorities. LIC, being one of the most trusted insurance providers, offers a diverse range of plans tailored to different life stages and needs. Whether you seek pure protection, savings, or a combination of both, there’s a LIC plan for you. It’s essential to assess your requirements, financial goals, and risk appetite before selecting the plan that best aligns with your needs.

FAQs About LIC Best Plans in 2023