The country's most trusted insurance company, Life Insurance Corporation of India (LIC), has given investors a major gift by launching two new exciting plans just before the festive season. These plans are named LIC Jan Suraksha and LIC Bima Lakshmi. Launched on October 15th, these policies are specifically designed for those who want guaranteed returns on their investments while avoiding stock market risks. The most important feature of both plans is that they are non-linked and non-participating, which means your money will be completely safe and will not be affected by market fluctuations.

Your Money Will Be 100% Safe.
In today's times, when most investment options are linked to market risks, it is difficult to find plans that guarantee money safety. These two new LIC plans address this gap. Being non-linked means that your money is not invested in the stock market or any equity funds, so your returns remain unaffected, no matter how volatile the market is. Being non-participating means that you don't receive any bonuses based on the company's profits. Instead, you are informed of the maturity amount at the time of policy purchase. This transparency gives investors peace of mind that their future is financially secure.

This scheme is specifically for low-income individuals.
LIC has always taken into account every segment of society, and the Jan Suraksha Plan is a prime example of this approach. This plan has been specifically designed to meet the needs of economically weaker sections and low-income families. It is a microinsurance plan that aims to provide life insurance coverage at a very nominal premium. Often, people with limited incomes overlook essential insurance because they find the premiums expensive. The Jan Suraksha Plan addresses this obstacle.

This ensures that the family is not suddenly hit by a financial crisis in the event of an unforeseen event. Since this plan is not market-linked, it carries no risk, making it an affordable and reliable option for those who prioritize their family's safety.

A Great Combination of Protection and Savings
Middle-class families have slightly different needs. They not only want a strong insurance cover for their family, but also want to invest their hard-earned money in a way that can accumulate a substantial amount for future goals, such as children's education, marriage, or retirement. The LIC Bima Lakshmi plan fulfills both these needs simultaneously. It offers the benefits of life insurance protection and savings in a single plan. Under this plan, the policyholder not only receives lifelong protection cover but also a guaranteed lump sum maturity amount at the end of the policy term. This plan is also completely free from market risks, making it a good option for those who want to plan for a secure future without any tension.

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