LIC introduces new term assurance plan:“Jeevan Kiran”:
Life Insurance Corporation of India (LIC) introduced a new term assurance plan—Jeevan Kiran. LIC Jeevan Kiran is an individual, savings, and life Insurance plan. This plan is available for individuals from 18 years to 65 years, offers life cover with return of premium. It has a minimum sum assured of ₹15 lakh for moderate life cover.