Term Plan

A term plan is the simplest and most basic form of life insurance. LIC of India has two term plans as of now. Amar Jeevan and Saral Jeevan.

Amulya Jeevan (discontinued policy)

Amulya Jeevan  – Explanation in simple words The policy is a simple term plan. A term plan pays the nominee a claim in case of the death of the policy holder. There is no other maturity or bonus. The policy has a maximum policy term is 40 years and the plan can be taken for a cover […]

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title jeevan amar

Amar Jeevan

Amar Jeevan (table no. 855) is the latest offering from LIC of India. Amar Jeevan is a term plan with some very flexible options. It is the latest LIC term insurance plan launched in 2019. The plan can be taken as a regular term plan and also has some optional featured that make it a […]

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