LIC’s Jeevan Saathi Plan: A leader in the insurance industry, Life Insurance Corporation of India (LIC) provides a range of plans to meet the various needs of individuals and families. The Jeevan Saathi Plan (No. 89, UIN: 512N081V01), a joint life endowment assurance plan created to give couples financial security, is one of its prestigious products.
Comprehensive Coverage
Throughout the duration of the policy, Jeevan Saathi guarantees financial protection against the untimely death of either spouse. Under such circumstances, the survivor spouse receives the guaranteed amount plus any accumulated bonuses, protecting the family’s financial security.
Unique Features
This plan is notable for its special benefits designed with couples in mind. It ensures financial support for the surviving partner by providing a maturity amount in the event that one or both spouses survive until the end of the policy term.
Flexible Premium Payment
According to their preferences and financial situation, policyholders can select between regular premium payments and single premium payments with Jeevan Saathi.
Tax Benefits
Jeevan Saathi, like other LIC policies, provides tax benefits under Section 80C of the Income Tax Act. This means that policyholders can claim deductions for premiums paid, which lowers their tax obligations.
Ensuring Family’s Future
The plan guarantees that the nominee will receive the sum assured plus accrued bonuses in the unfortunate event that both spouses pass away during the policy term, giving them a financial buffer to get through difficult times.
Customer Support
LIC, which is renowned for providing exceptional customer service, guarantees a hassle-free policy tenure by offering policyholders support and assistance.
Accessibility
People can easily obtain Jeevan Saathi through LIC’s extensive network of branches and agents throughout India, making it convenient for them to take advantage of this all-inclusive life insurance solution.
To sum up, LIC’s Jeevan Saathi Plan (No. 89, UIN: 512N081V01) is evidence of the company’s dedication to offering cutting-edge and dependable insurance solutions that are customized to meet the changing needs of its clients. This plan, with its extensive coverage, distinctive features, and adaptable payment schedules, guarantees couples’ financial stability and upholds LIC’s standing as a reliable partner in safeguarding the future of millions of Indian families.