The Life Insurance Corporation of India (LIC) has introduced two new schemes. These are LIC’s Nav Jeevan Shri (Plan 912) and LIC’s Nav Jeevan Shri Single Premium (Plan 911).
LIC’s CEO and Acting MD, Sat Pal Bhanu, launched both schemes on Friday. These plans are specially created as a mix of savings and life insurance.
Their main goal is to help people build enough funds to meet various life needs.
LIC’s Nav Jeevan Shri (Plan 912) is mainly designed to match the goals and dreams of the younger generation.
It is made for youth who want to achieve their aspirations, responsibilities, and future plans.
This scheme helps them collect a large fund within a fixed time and also gives financial protection.
This means the plan not only allows saving for future goals but also offers life cover to support your family in case of unexpected situations.
Lump Sum Investment in the Second Plan
The second scheme, LIC’s Nav Jeevan Shri Single Premium (Plan 911), is meant for those who prefer a one-time lump sum investment.
In this plan, you pay the premium only once and get life insurance coverage for a set period.
This plan is perfect for people who have a large amount of money and want to invest it safely. It helps in building a good fund for the future while also ensuring their family’s financial safety.
Meeting All Financial Needs
Together, these two LIC schemes give people a way to save for important life goals such as education, marriage, buying a home, or retirement.
At the same time, they offer life insurance protection. These schemes give LIC customers more choices to secure and strengthen their financial future.
