First Published: October 12, 2009 | Last Updated:August 4, 2020
LIC microinsurance policy is Jeevan Madhur
The new Micro Insurance Plan launched today is “Jeevan Mangal” – a term assurance plan with return of premiums paid on maturity. This is the second Micro Insurance Product offering by LIC, the first being “Jeevan Madhur”, an Endowment Assurance plan which was launched earlier on 28.09.2006. Both these Micro Insurance Products of LIC are customized offerings to cater to the distinct needs of the most vulnerable low income sections of Indian population.