Life Insurance Corporation of India (LIC) has launched two new schemes. These schemes are LIC Nav Jeevan Shri (Plan 912) and LIC Nav Jeevan Shri Single Premium (Plan 911). Sat Pal Bhanu launched these schemes. The first scheme is for the youth, which provides both savings and protection.
Life Insurance Corporation of India (LIC) has launched two new schemes. One of these is LIC’s Nav Jeevan Shri (Plan 912) and the other is LIC’s Nav Jeevan Shri Single Premium (Plan 911). LIC CEO and MD (in-charge) Sat Pal Bhanu launched these schemes on Friday. Both these schemes are specially designed as a combination of savings and life insurance. Their main objective is to create sufficient funds to meet the different needs of the people.
LIC’s Nav Jeevan Shri (Plan 912) is specially focused on meeting the aspirations of the youth. This scheme is designed for the young generation who wants to fulfill their dreams, goals and responsibilities. It helps them to raise significant funds in a fixed period while providing financial security.
This means that this plan not only gives you an opportunity to save for your future goals but also provides protection to your family in case of unforeseen circumstances.
In the second, you will have to invest a lump sum
On the other hand, LIC’s Nav Jeevan Shree Single Premium (Plan 911) is for those who want to create a big fund through a lump sum investment. In this plan, you have to pay the premium only once. After this, it provides you life insurance cover for a fixed period.
This plan is suitable for those who have a large lump sum amount and want to invest it in a safe manner and create a fund for the future. Also, they are willing to ensure financial security of their family.
These schemes meet all the needs
Overall, both these new schemes of LIC give people an opportunity to save for all the financial needs of their life like education, marriage, buying a house or retirement etc. Not only this, they also provide security to people through life insurance. These schemes provide additional options to LIC customers to make their financial future safe and strong.
