Insurance policies you can consider buying online

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LIC’s online policies

Endowment plans

 1) Bima Jyoti 

2) Bachat Plus

Term insurance plans

 3) Saral Jeevan Bima

It is a non-linked, without profit, term assurance policy. This plan is available under different premium payment options such as single, regular, limited premium term 5 years and limited premium term 10 years and different modes of premium payment such as yearly, half yearly and monthly under non-single premium payment options.

 4) Tech-term

This plan of LIC is only available for online purchase. Tech-term is a non-linked, without profit, term insurance policy which provides financial protection to the insured’s family in case of his/her unfortunate demise. For more details, click here: https://www.money9.com/news/insurance/lics-tech-term-heres-all-you-need-to-know-57580.html

Health plans

 5) Cancer Cover

This is a non-linked, regular premium payment health insurance plan which provides fixed benefit in case the policyholder is diagnosed with any of the specified early and/or major stage cancer during the policy term. For more details, click here.

Pension plans

6) Saral Pension

It is an annuity plan which is non-linked, individual, single premium immediate plan. The plan provides for annuity payments of a stated amount throughout the lifetime of the annuitant. For more details, click here.

7) Jeevan Shanti

It is also an annuity plan which has option of purchasing deferred annuity and can be purchased only by paying a lump sum amount.

8) Jeevan Akshay

It is an immediate annuity plan, which can be purchased by paying a lump sum amount.

9) Pradhan Mantri Vaya Vandana Yojana (PMVVY)

10) Nivesh Plus 

This is a single premium, non-participating, unit linked, individual life insurance plan which offers insurance cum investment during the term of the policy.

11) SIIP