These are LIC's 5 Best Policies: Build a Fund of ₹25 Lakhs Starting from Just ₹45..

LIC, the country's largest state-owned insurance company, offers a stellar lineup of schemes. Its plans enjoy immense popularity in every corner of the nation. If you, too, are interested in learning about LIC's best schemes, let us introduce you to five of its most outstanding policies today.

**Why is LIC's Jeevan Anand Special?**

If you wish to accumulate a substantial corpus on a modest budget, LIC's Jeevan Anand could be the ideal policy for you. You can get started by paying a daily premium of just ₹45—or ₹1,358 per month. This seemingly small amount can help you build a significant fund of up to ₹25 lakhs for your future. The minimum policy term for this scheme is 15 years, and upon maturity, you receive a lump sum amount, inclusive of bonuses.

**What is LIC's New Endowment Plan?**

If you are looking for assured returns while keeping your savings secure, this policy could prove to be the right choice for you. This LIC scheme has been designed specifically for investors whose primary focus is on the safety and security of their investments. As a low-risk plan, it offers you the dual benefit of life cover combined with fixed returns and bonuses.

**Benefits Offered by LIC's Jeevan Shiromani**

If you have a substantial amount available for investment, this policy could prove to be highly beneficial for you. It is an exceptional non-linked life insurance plan. Its most distinctive feature is that it involves a shorter premium-paying term relative to the duration over which benefits are received. Under this plan, one can opt for a Sum Assured of up to ₹1 crore. For instance, if a 30-year-old individual purchases this policy for a term of 20 years, they would only need to pay an annual premium of approximately ₹7.59 lakhs for just four years, while the benefits of the policy would continue to accrue for the entire 20-year period.

**Ensuring a Vibrant Life Even After Retirement**

If you wish to maintain financial vitality and zest in your life even after retirement, LIC's Jeevan Umang could be an excellent option for you. Jeevan Umang is a superb lifetime income plan. Once the premium payment period is completed, this plan begins providing a guaranteed annual money-back benefit of 8%. This income continues for a lifetime. Additionally, in the unfortunate event of an unforeseen tragedy, the family is provided with full insurance coverage.

**A Policy Tailored for Children**

If you are concerned about your children's higher education and marriage, *Jeevan Tarun* is an exceptionally secure plan designed to alleviate these worries. Under this plan, investments are made until the child reaches the age of 25. During the phase when the child is between 20 and 25 years old, they receive a fixed annual amount in the form of a money-back benefit. Subsequently, upon the maturity of the policy, a substantial lump sum—inclusive of bonuses—is received, which proves invaluable at the commencement of their career.

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