LIC: These are LIC's most powerful schemes, offering strong returns along with financial security..
Life Insurance Corporation of India (LIC) is known for its reliable policies. In 2025, LIC introduced some new plans and continued several popular schemes that offer investors a balance of security and better returns. If you want to safeguard your savings and also earn good returns in the long term, these LIC plans can be helpful.
LIC Bima Kavach
This is a high-cover term insurance plan launched at the end of 2025. With Bima Kavach, you can get a sum assured of ₹2 crore or more, and it provides coverage up to the age of 100 years. This plan is especially good for families who want strong life protection and significant future benefits.
LIC New Jeevan Shanti Policy
The LIC New Jeevan Shanti plan is a robust pension option for retirement. You can invest a lump sum and receive a lifelong pension. The minimum investment in this plan is ₹1.5 lakh, but you can invest more according to your capacity. After a five-year lock-in period, the monthly pension starts based on your investment. The higher the investment, the greater the pension, ensuring financial security in old age.
LIC Jeevan Anand Policy
The LIC Jeevan Anand policy is an excellent option for the common man, with affordable premiums. For example, a 35-year-old taking a 35-year policy with a sum assured of ₹5 lakh would pay an annual premium of approximately ₹16,300, or about ₹1,400 per month. Over the policy term, a total of ₹5.70 lakh would be deposited, but at maturity, a sum of approximately ₹25 lakh would be received, including bonuses. Tax benefits are also available.
LIC Jeevan Shiromani Policy
The LIC Jeevan Shiromani policy is for high-income individuals who want good returns along with a secure investment. This is a non-linked and individual life insurance plan that allows you to invest for a short period and reap benefits for a long time. For example, if you take out a 20-year policy at the age of 30 and choose a sum assured of ₹1 crore, the annual premium will be approximately ₹7.59 lakh, payable for 16 years.
Benefits of LIC Plans
These LIC schemes are not just for generating returns, but also provide life insurance coverage, tax benefits, and are a part of long-term financial planning. Typically, in LIC's traditional plans, your premium accumulates, and you may receive periodic bonuses. However, it is essential to understand your age, goals, and risk tolerance before choosing a plan.
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