LIC Unveils Revised Jeevan Sathi Savings and Protection Plan
LIC has introduced a new version of its Jeevan Sathi plan, which integrates savings with protection benefits for couples. The plan comes in single and limited premium variants and has a minimum sum assured of Rs 3,00,000.
The Life Insurance Corporation of India (LIC) has launched an updated version of its Jeevan Sathi plan, designed to offer a blend of savings and protection. The revamped plan targets couples by covering both individuals under a single policy.
Introduced by LIC's CEO and MD, R Doraiswamy, the new offerings—New Jeevan Sathi single premium and New Jeevan Sathi Limited premium—provide joint-life cover. The minimum sum assured is set at Rs 3,00,000, with no predefined upper limit; however, the maximum amount is determined by LIC's underwriting policies. The entry age starts from 18, while the maximum age varies based on the selected premium option.
(With inputs from agencies.)
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