In the times when, deposit rates are on declining trend, Government of India has approved Varishtha Pension Bima Yojana which will provide 8% Guaranteed Return for 10 Years to senior citizens.
LIC Bima Diamond Plan, which is a money back plan with extended risk cover after policy term has been launched. This plan is available for sale up to 31-08-2017.
LIC Jeevan Labh is A non-linked (Not dependent on share market) limited premium paying endowment plan that means premium paying term is less than policy term
LIC’s Jeevan Akshay VI (Plan No: 189) is a pension plan, which provides monthly pension throughout the life on payment of one time single amount.
A comparison between LIC's Jeevan Akshay Pension Plan and bank's Fixed Deposit with respect to current and expected future interest rates.
LIC’s Jeevan Tarun (834) is children money back plan which is specially designed for securing children education. This plan can be purchased for 0-12 year child.