LIC Scheme: These schemes of LIC are special for working people, know what are the benefits..

For people who do private jobs or whose income is based on a fixed salary, any kind of financial shock can have a big impact on the family. In such a situation, life insurance is no longer just an investment option, but it has become an essential security cover.

For employed people, a life insurance policy has now become a shield that helps to fight the uncertainties of the future. In such a situation, many schemes of Life Insurance Corporation of India (LIC) have been specially designed keeping the salaried class in mind.

These schemes are not only affordable but also assure bonuses, returns, and security in the future. Let us know in detail about some selected policies of LIC, which can prove to be very beneficial for employed people.

Jeevan Labh Plan: Both protection and savings
If you want a plan in which, along with insurance protection, you also get a good amount on maturity, then Jeevan Labh can be an excellent option. This is an endowment policy, in which you get the benefit of savings along with insurance. On the death of the policyholder, his family gets the insurance amount and the bonus. If the policy matures and the policyholder is alive, then a lump sum amount is received.

Jeevan Amar Plan: More security at a low premium
This plan is perfect for those who want big coverage at a low premium. 'Jeevan Amar' is a pure term plan; that is, in this, the sum assured is available only in case of death. There is also an option in this plan that you can double your sum assured by paying a little more premium. An accident rider facility is also available in it, which gives additional benefits in case of an accident. The most important thing is that, instead of taking the insurance amount together, it can also be taken in installments. Women get a discount of 10% to 20% in this plan.

Jeevan Umang Plan: Lifetime income guaranteed
This plan is specially made for those people who want to get a fixed amount every year after retirement. Jeevan Umang is the only plan that provides life cover up to 100 years and returns a fixed amount every year after the completion of the premium paying period. Every year, 8% of the sum assured is paid to the policyholder. In case of maturity or death, the sum assured is paid in a lump sum. This plan also has the benefit of a bonus and final addition bonus, which makes it more beneficial.