Guaranteed Returns and Safety: Investing in LIC schemes ensures guaranteed returns without market risks, making it a preferred choice for many.
Today, we’re introducing a unique LIC plan exclusively designed for women – the LIC Aadhar Shila Plan, promising strong long-term returns.
LIC Aadhar Shila Scheme Overview
The LIC Aadhar Shila Scheme is a non-linked, individual life insurance plan tailored for women. Upon policy maturity, investors receive a fixed sum.
In the unfortunate event of the policyholder’s demise before the policy completion, their family receives financial support.
What’s remarkable is that only individuals in good health (without the need for a medical examination) can participate in this plan.
Insurance Coverage and Eligibili
Under the Aadhar Shila policy, the basic sum assured ranges from a minimum of Rs 75,000 to a maximum of Rs 3,00,000.
The policy matures at a maximum age of 70, ensuring the policyholder is no older than 70 at that time.
Upon maturity, a lump sum amount is provided, with flexible premium payment options available – monthly, quarterly, half-yearly, and yearly.
Who Can Invest?
This plan is designed for women with Aadhaar Cards issued by UIDAI, aged between 8 to 55. It’s open to individuals in good health, without the need for medical examinations.