Which is the best endowment plan in LIC?
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Which is the best endowment plan in LIC?
Top 6 LIC Plans In India 2020
| LIC Plans | Type of Plan | Policy Term (in years) |
|---|---|---|
| LIC New Children’s money-back Plan | Traditional money-back Child Plan | 25 years – Age at Entry |
| LIC New Jeevan Anand | Endowment Plan | 15 – 35 |
| LIC Jeevan Umang | Whole Life + Endowment Plan | 100 – Age at Entr |
| LIC Jeevan Labh | Endowment Plan | 16/21/25 |
Which LIC endowment plan is best Quora?
Anyways, LIC has various types of endowment schemes. The one which is the most suitable and popular to almost everyone is Jeevan Labh endowment scheme. This scheme has 3 different premium paying terms viz 10 years, 15 years and 16 years. Also it gets matured on 16th, 21 stand 25th year respectively.
What is the benefit of LIC endowment plan?
LIC’s NEW ENDOWMENT PLAN (UIN: 512N277V02) This combination provides financial support for the family of the deceased policyholder any time before maturity and good lump sum amount at the time of maturity for the surviving policyholders. This plan also takes care of liquidity needs through its loan facility.
Which endowment plan has highest return?
Best Endowment Plans in India 2021
| Endowment Policies | Entry Age (Min-Max) | Premium Paying Term |
|---|---|---|
| Exide Life Jeevan Uday Plan | 0-55 years | 10 years |
| Future Generali Assure Plus | 3-55 years | 7, 10, 12 ,15, 17 or 20 years |
| HDFC Life Sampoorn Samriddhi Plus | ||
| 30 days-60 years | 35 year |
Is it good to buy LIC endowment plan?
Endowment plans offer a disciplined way of saving money for future financial needs. An added advantage is the life risk cover which would be of great help to the family if something untoward happens to the main bread winner. The returns may be lower, but they are mostly risk free in case of guaranteed sum assured.
What is LIC endowment plan 914?
The LIC New Endowment plan (Plan No: 914) is a must to avail plan considering the many benefits it offers to the customer. It is a non-linked life insurance policy that offers guaranteed returns and bonus. The plan is enlisted under the vanilla plans of LIC that offer death and maturity benefits.