LIC New Jeevan Amar / New Tech Term: (LIC changed its old plan to new, new Jeevan Amar policy and new Tech Term plan came, read what changed in 2023)
Life Insurance Corporation of India (LIC) has re-launched its two popular policies in a new style. This includes LIC’s LIC New Jeevan Amar and LIC New Tech Term policy. LIC gave information about this in an exchange filing. LIC said that both these policies are non-linked, non-participating, individual, pure risk premium life insurance plans, which have been launched for the domestic market. According to the internal circular of LIC, earlier the Life Insurance Corporation has discontinued the old policy related to it.
What is LIC New Jeevan Amar Policy:- (LIC changed its old plan to new, new Jeevan Amar policy and new Tech Term plan came, read what changed in 2023)
According to the details released by LIC, LIC New Jeevan Amar Policy (LIC New Jeevan Amar Policy- Plan no 955) is a non-linked, non-participating, individual, pure risk premium life insurance plan, which is available to the policyholder during the policy term. Provides financial security to his family in case of his unfortunate death.
What is LIC New Tech Term Policy
LIC’s New Tech-Term Policy –
Plan no 954 is a non-linked, non-participating, individual, pure risk premium life insurance plan. This online plan provides financial protection to the family of the policyholder in case of unfortunate death during the policy term. The scheme will be available to policyholders directly only through the online website www.licindia.in.
In both these policies, there will be a special rate offer for women and a separate rate offer for smokers and non-smokers. In this, the minimum entry age for policyholders will be 18 years and the maximum entry age will be 65 years. Whereas the maximum maturity age will be 80 years. The policy term will be between 10 years to 40 years.
How much premium will have to be paid
In both these policies of LIC, policyholders have to pay monthly, quarterly, half-yearly and annual premiums. In which people have to pay a premium of 5,000, 15,000, 25,000, and 50,000
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