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11 Aug

What is endowment policies? and what are the benefits from them?

What is endowment policies? and what are the benefits from them?

An endowment policies are a type of life insurance plans designed to pay a lump sum amount on maturity time or on risk (death) time to the particular party (policy holder or nominee).

Benefits of Endowment Policies

– Financial Protection

– Discipline of regular savings

– To meet future or upcoming financial needs

– Encash an emergency financial needs

– Income Tax benefits (section 80c and 10(10D).

 

LIC Of India Endowment Policies:

LIC Of India has designed the beautiful plans to cover the future finical needs for any age group of the entire families. Find the list of LIC Endowment policies or plans.

 

1. New Jeevan Anand 915

2. New Endowment Policy 914

3. Bhima Jyothi 860

4. Single Premium Endowment Policy 917

5. Jeevan Labh Policy 936

6. Aadhar Shila Policy 944

7. Jeevan Lakshya 933

8. Aadhar Stambh Policy 943

9. Micro Bachat Policy 951

10. Dhan Sanchay

 

 



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