LIC Scheme : Good news for investors. Recently The Life Insurance Corporation of India (LIC) has launched two new schemes, LIC Nav Jeevan Shree (Plan 912) and LIC Nav Jeevan Shree Single Premium (Plan 911). LIC CEO and MD (in-charge) Sat Pal Bhanu launched these schemes. Both schemes are specifically designed as a combination of savings and life insurance. Their primary objective is to create sufficient funds to meet individuals’ various needs.
LIC’s Nav Jeevan Shree (Plan 912) is specifically focused on fulfilling the aspirations of young people. This plan is designed for the younger generation who want to fulfill their dreams, goals, and responsibilities. It helps them accumulate significant funds over a fixed period of time while providing financial security.
This means that this plan not only gives you the opportunity to save for your future goals but also provides protection to your family in case of unforeseen circumstances. On the other hand, LIC’s Nav Jeevan Shree Single Premium (Plan 911) is for those who want to build a large corpus through a lump sum investment. This plan requires a single premium payment. After this, it provides life insurance cover for a fixed term.
This plan is suitable for those who have a large lump sum amount and want to invest it safely to build a fund for the future and also want to ensure the financial security of their family. Overall, these two new LIC schemes offer individuals the opportunity to save for life’s various financial needs, such as education, marriage, home purchase, or retirement. Furthermore, they also provide individuals with life insurance protection. These plans offer LIC customers additional options to secure and strengthen their financial future.
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