LIC Jeevan Utsav is a non-linked, non-participating, individual savings and whole life insurance plan that offers guaranteed additional benefits during the premium-paying term. It provides financial protection to the family upon the death of the insured and provides lifelong income to the surviving policyholder in the form of a fixed income benefit or a flexi income benefit.
The LIC Kanyadan Yojana is a life insurance and savings plan for daughters' future. Investing in this plan can help create a substantial fund for their marriage and education. You can start with an investment of ₹121 per day, which will accumulate to ₹3,600 per month and result in a corpus of up to ₹27 lakh over a period of 25 years. It also offers tax benefits, insurance coverage, and loans.
