There was a time when financial planning was majorly catered to men only. But not anymore! In this post we are talking about the best LIC policies crafted for women in India. Let’s take a look.
Aadhaar Shila is the new offering from LIC of India that caters especially to the women in the country. Plan Features and Benefits:
1. Loan and Tax benefits
2. Death Benefits
3. Maturity Benefits
4. Loyalty Additions
5. Surrender benefits
This is another women specific plan from LIC of India that secures the family of the insured woman and gives special focus on the children. Plan Features and Benefits:
1. Death Benefits
2. Maturity Benefits
3. Participation benefits
4. Premium Payment
Jeevan Anand is an endowment plan and a new LIC policy for women. Plan Features and Benefits:
1. Death Benefit
2. Maturity benefit
3. Bonuses
Jeevan Pragati is one of the best LIC policy plans for women who are looking for monetary security and savings for their retirement. Plan Features and Benefits:
1. Death Benefit
2. Maturity benefit
3. Sum Assured increases after 5 years