LIC new plans: Are you looking for a plan that will keep your hard-earned money safe as well as provide insurance protection and attractive returns? Life Insurance Corporation of India (LIC) has launched two new plans for you, including Nav Jeevan Shri and Nav Jeevan Shri – Single Premium.
These plans not only keep your investment safe but also provide benefits. LIC has launched these plans on 4th July 2025. These are non-participating and non-linked plans, which give guaranteed returns without being affected by the fluctuations of the stock market.
Whether you want to pay regular premiums or want to invest a lump sum, these new plans of LIC are a better option to meet your financial needs. The company says that these plans offer a combination of savings and protection and are helpful in building funds to meet financial needs at different stages of life.
What is ‘Nav Jeevan Shree’
According to LIC, Nav Jeevan Shree is a regular premium plan in which the policyholder can create a fund by paying premium in regular installments. This plan is better for those who want long-term savings and life insurance protection. Under this plan, along with insurance protection, the benefit of guaranteed addition is also available after a certain period.
What is special in ‘Nav Jeevan Shree – Single Premium’
Under the second plan Nav Jeevan Shree – Single Premium, the policyholder has to pay a lump sum premium. This is good for those investors who want assured funds and insurance protection for the future by investing in one go. In this plan too, the benefit of guaranteed addition is available throughout the policy tenure.
Trusted Alternatives
LIC says that in the present times when interest rates are fluctuating, both these schemes provide financial stability to the investors by giving them the benefit of guaranteed addition. The objective of these schemes is that policyholders can create a safe fund for the major needs of their life like children’s education, marriage, retirement or emergency.