LIC Saral Jeevan Bima 2022 | LIC Plan No. 859 | LIC Term Insuranc...

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LIC of India which is expected to float its IPO in March 2022 is the biggest life insurance provider in India. In this video we have discussed LIC Saral Jeevan Bima Policy which is a term insurance product from LIC. The LIC Saral Jeevan Bima policy offers pure life risk cover from a sum assured of Rs. 5 lakhs to Rs. 25 lakhs. LIC Saral Jeevan Bima Policy does not offer any survival or maturity benefits to the policyholder. Only in case of death of the policyholder during the policy term, the nominee gets paid the complete sum assured as a death benefit. In this video we have answered questions such as: What is the LIC Saral Jeevan Bima Policy? What is the premium on Saral Jeevan Bima Policy? What is the eligible criteria for the LIC Saral Jeevan Bima Policy? Which is the best term insurance product?