LIC launches Jeevan Rakshak Plan

Life Insurance Corporation of India (LIC) has introduced its Jeevan Rakshak Plan, which is a participating non-linked plan. This plan offers a combination of protection and saving features.

This is a regular premium paying Non-linked, With-Profits, Endowment Assurance plan. This plan is available to standard lives only under non-medical scheme. The total Sum Assured under all the policies issued to an Individual under this plan shall not exceed Rs 2 lakhs.