LIC India Saral Jeevan Bima

Overview

LIC’s Saral Jeevan Bima provides comprehensive protection against the death of the insured individual. This plan offers an assured death benefit to the beneficiaries, ensuring financial security in the event of the policyholder's demise. While there is no maturity benefit if the policyholder survives the policy term, Saral Jeevan Bima is flexible and accessible, available for purchase both online and offline. Key features include the option to choose from regular, limited, or single premium payment terms, and the ability to pay premiums yearly, half-yearly, or monthly. Policyholders can assure a sum of up to Rs. 25 lakhs, making it a substantial safety net for their loved ones.