LIC, the country’s largest government insurance company, often launches new plans for its customers. The best thing about LIC is that investors get guaranteed returns.

LIC has different plans for women, children, and senior citizens. One of the most popular plans for women is the LIC Aadhaar Shila Plan. It is a non-linked individual life insurance plan. If you invest in this plan for a long time, you can get good returns and a large amount at maturity.

Individuals aged 8 to 55 are eligible for this plan. A policy term of either 10 or 20 years is available. The maximum policyholder age at maturity will be no more than 70 years. For example, if a woman starts at age 55, she will invest for fifteen years. The premium can be paid as either an annual, quarterly, or monthly payment.

Save ₹87 each day for ₹11 lakh at maturity

That means the LIC Aadhaar Shila Plan provides excellent returns. A woman can receive a large future return with an investment of just ₹87 every day. An investment of ₹87 every day totals to ₹2,610 each month and then to ₹31,320 each year. This means, over ten years, ₹3,13,200 will be invested. The maturity amount will exceed ₹11 lakh.