In 2025, the Life Insurance Corporation of India (LIC) introduced a new savings and protection plan for women. With assured profits and life insurance advantages, the plan enables women to save just ₹125 per month on a one-time investment of about ₹8 lakh.
Important Features
Women between the ages of 18 and 50 are eligible. A minimum of ₹2 lakh is guaranteed.
Premium Term: After 25 years, you will receive maturity benefits after paying for ten years.
Guaranteed Additions: Throughout the duration of the insurance, LIC provides guaranteed additions of about 7% every year.
Death Benefit: The beneficiary gets either the sum assured or ten times the annual premium, whichever is higher, in the event of an unfortunate incident.
Flexible distributions: After the premium payment term expires, you can select between lump-sum or recurring benefit distributions.
Sample Situation
With guaranteed additions, a 35-year-old woman investing under this plan for ten years will receive maturity benefits of about ₹8.44 lakh.
Why Women Find It Appealing
Easy financial planning is ensured by low monthly costs following the initial investment.
combines life insurance with savings to provide total protection.
provides guaranteed returns, making it perfect for women who value stability over dangers associated with the market.
intended to encourage women investors' inclusion and financial independence.
Things to Think About
Since this plan is non-participating, neither a bonus nor a profit share are applicable.
The ₹8 lakh investment amount is only an estimate; actual premiums may differ depending on the chosen term and age.
Benefits may be diminished if early withdrawal or surrender occurs.
Before making a purchase, always read the official LIC brochure.