One of the new fixed income policies includes LIC’s “Jeevan Akshay VII,” an immediate annuity plan providing regular income for life, which is ideal for retirees or individuals seeking a steady income stream. One of the most popular regular premium pension plan is LIC Jeevan Umang which pays tax-free returns every year. Another notable addition is the “Jeevan Labh” plan, combining life coverage with an investment component, offering potential bonuses and financial growth. Additionally, the “Jeevan Shanti” plan allows policyholders to choose between different payout options, ensuring financial support in line with their needs. 

These new policies are crafted to offer flexibility, with options for both short-term and long-term investment, and are designed to ensure financial protection for families. By investing in LIC’s latest policies, individuals can secure their financial future while benefiting from LIC’s trusted reputation and comprehensive support.

For more information and to explore which LIC policy best fits your needs, contact LIC or visit their website to get personalized advice and details on the new offerings.