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03 Jun

Which is good LIC policy for 35 Years old?

Which is good LIC policy for 35 Years old?


The best LIC (Life Insurance Corporation of India) policy for a 35-year-old individual would depend on various factors such as financial goals, risk appetite, budget, and specific needs. Here are a few popular LIC policies that individuals in this age group often consider:

1) LIC New Endowment Plan:

This is a traditional endowment policy that offers both insurance coverage and savings. It provides a lump sum maturity benefit along with death coverage during the policy term.


2) LIC Jeevan Anand:

It is a participating non-linked whole life plan that provides both death coverage and maturity benefits. The policy continues to provide coverage even after the premium payment term ends, until the policyholder’s lifetime.


3) LIC Money Back Plans:

These plans provide periodic survival benefits along with a maturity benefit. A portion of the sum assured is paid at regular intervals during the policy term, and the remaining sum assured is paid as a maturity benefit at the end of the policy term.


4) LIC Term Insurance Plans:

LIC also offers term insurance plans that provide pure protection without any savings or investment component. These plans offer a higher life cover at relatively lower premiums, making them suitable for individuals primarily seeking insurance coverage.

It’s important to evaluate your financial goals, risk tolerance, and insurance requirements before choosing a policy. Additionally, consider factors such as premium affordability, policy duration, flexibility, and any riders or add-on benefits available with the policy.


It’s advisable to consult with a financial advisor or LIC representative who can assess your specific needs and provide personalized guidance to help you choose the most suitable LIC policy for your circumstances. They will consider your financial goals, income, dependents, and other relevant factors to recommend the best policy for you.



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