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LIC introduces ‘Dhan Sanchay’ savings life insurance plan

Category : Business and economics
Published on: June 24 2022 Share on facebook

  • The Life Insurance Corporation of India (LIC) has launched a new plan called Dhan Sanchay, which is a non-linked, non-participating, individual savings life insurance plan that provides both protection and savings.
  • The plan is available for a term of minimum 5 years to maximum 15 years. It provides level income benefit, increasing income benefit, single premium level income benefit and single benefit.
  • It also offers a guaranteed income stream from the date of maturity until the end of the payout period.
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