Which lic policy is best for women

Read more about Term life or money back plan which one to buy? For investment savvy women looking for market-linked plans, this plan is the best.

It is a unit linked plan which gives you the facility of enjoying market-linked returns along with insurance protection. Notable features include the following —. These are some of the best LIC plans for women in You can choose any plan you need based on your requirements.

Go for a cancer care plan or an investment oriented one, but do insure your life. You are, after all, valuable! Read more about 5 tips to buy life insurance. Find the best life insurance plan on turtlemint. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment.

Policy cancellation and refund of the premium shall be as per the terms and conditions of the policy. The refunds are processed by the Insurance Company directly. You are requested to contact the toll free number of your Insurance Company or refer the respective section of your Policy terms and conditions.

You can also call us at our toll free number or write a mail to us at support turtlemint. For escalations customer can write to us at po invictusinsure. Skip to content. The rider pays an additional sum assured in case of accidental death during the policy tenure Premium discounts are available if the chosen sum assured is Rs.

Future premiums are then waived while the plan continues In major stage cancer, the full sum insured is paid. All future premiums are waived. Invest in any of the above-mentioned policies and enjoy the benefits which the policy promises.

Turtlemint is an online platform that lets you buy the best LIC policy for your coverage requirements. The benefits of buying through Turtlemint are as follows — You can simply provide your personal information and buy the policy with the click of a few buttons Turtlemint also recommends the ideal coverage level based on the income that you enter You can compare similar plans on Turtlemint before you buy the actual policy.

When you compare you can find the plan which has the best coverage benefits at the most reasonable premium rates. Turtlemint not only helps you buy the most suitable LIC policy online, but you can also get help at the time of claims too. Turtlemint has a dedicated claim handling department that coordinates with the insurance company to ensure a quick claim settlement.

So, choose the most relevant LIC policy based on your needs and buy the policy easily from Turtlemint. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. Policy cancellation and refund of the premium shall be as per the terms and conditions of the policy. The refunds are processed by the Insurance Company directly.

You are requested to contact the toll free number of your Insurance Company or refer the respective section of your Policy terms and conditions. You can also call us at our toll free number or write a mail to us at support turtlemint.

For escalations customer can write to us at po invictusinsure. Skip to content. Additionally, survival benefits might be provided by some insurers. Choosing the right term insurance policy is a crucial decision for individuals as well as their dependents, which is why comparing their features and benefits becomes a critical decision. The features of endowment plans include the following — A death benefit is paid on death during the policy term. Risk-averse individuals who are looking to create savings along with insurance.

Money-back plans Money-back plans are like endowment plans. However, they pay the sum assured in instalments during the policy tenure rather than in a lump sum on maturity. The features of money back plans include the following — Sum assured is paid in predetermined instalments at predefined intervals during the term of the policy When the policy matures, the rest of the sum assured is paid along with a bonus In case of death of the insured within the policy tenure, the entire sum assured is paid to the nominee irrespective of the amount of money back benefits already paid.

The USPs include the following — Loyalty additions and guaranteed additions are added to the plan benefits which enhances them Money-back benefits provide easy liquidity There is an inbuilt critical illness benefit that covers 15 critical illnesses. This gives you the desired liquidity without compromising the lifelong coverage Four optional riders are available for customizing the policy You can enjoy premium discounts if you choose a sum assured of INR 5 lakhs and above or if you pay the premium in the annual or semi-annual mode.

Investors looking for lifelong protection while creating a corpus for their financial goals. Their features are as follows — The premium paid is invested in market-linked investment funds chosen by the policyholder There is the flexibility of switching between the available funds and partial withdrawals There are different funds with different risk profiles so that investors can plan their investments according to their risk appetites The returns are not guaranteed and depend on the market movements.

ULIPs provide the benefit of investment returns along with insurance and the premium grows along with the market trends. These provide the options of different funds to the policyholder and they can choose according to their risk-capability.

However, ULIPs are different from other investment options such as mutual funds and conventional life insurance policies, the best ULIP plans along with their salient features are listed here. The salient features include the following — The plan can be bought by parents of minor children The parent or the child can be the life insured There is an inbuilt premium waiver benefit.

This benefit waives off the premium if the parent dies. The plan continues till maturity and gives the promised benefits to provide the child with the required funds Child plans assure a financial corpus that can be utilised in the future.

Hence this plan is a plan with varied options which caters to the needs of large number of women policyholders and is the answer to the needs of many. Show premiums. Death Benefit — In case of death of the Life Insured, the nominee receives.

Income Tax Benefit — Premiums paid under life insurance policy are exempted from tax under Section 80 C and maturity proceeds are exempted from tax under Section 10 10D. Riders — There are 3 Additional Riders available:. Our Products Motor Insurance. Health Insurance. Life Insurance. Other Insurance.