LIC’s New Endowment Plan: LIC of India has launched the LIC New Endowment Plan, which provides two benefits: a security and a savings plan. Under this policy, if the insured person dies, then his family gets financial assistance during the policy period. If the person taking the policy survives till the maturity of the policy, then he gets the benefit of policy maturity. Therefore, in today’s article, we will give you detailed information about LIC’s New Endowment Plan. Let’s know.
What is LIC’s New Endowment Plan?
LIC’s New Endowment Plan is an insurance plan in which, apart from savings, the benefit of security is also given to the person taking the policy. Under LIC’s New Endowment Plan, if the person taking the policy dies, LIC Insurance Company will give a huge amount to the family. Apart from this, the person taking the policy under this policy can also take a loan.
Eligibility to participate in LIC’s New Endowment Plan
The minimum age to participate in LIC’s New Endowment Plan is 90 days, and the maximum is 50 years. The minimum age for policy maturity is 18 years, and the maximum is 60 years.
Documents required to take LIC’s New Endowment Plan
The following types of documents will be required to take LIC’s New Endowment Plan, the details of which are given below.
● Aadhar Card
● PAN Card
● Salary Slip.
● Birth Certificate
● Passport Size Photograph
How to use LIC’s New Endowment Plan
To enroll in LIC’s New Endowment Plan, you must visit the official website of Life Insurance Corporation or the nearest branch. You will find complete information about this policy, and you will have the option to buy it online. By clicking on this, you can buy LIC’s New Endowment Plan by entering the details of the required information.
Disclaimer: The information provided in this article is for general informational purposes only and is not professional advice. We always recommend consulting a qualified financial advisor or insurance agent for personalized guidance based on your specific circumstances. We cannot guarantee the accuracy and completeness of the information.
