Best LIC Policy for Husband and Wife: A Comprehensive Guide to LIC Jeevan Saathi

LIC Jeevan Saathi is a special plan from the Life Insurance Corporation of India (LIC) designed for married couples it is said Best LIC Policy for Husband and Wife as per user reviews. This plan is like a joint savings and protection policy that covers both the husband and wife under one policy. It provides financial security by offering benefits in case of maturity or unfortunate events like death. So, it’s a life insurance plan that also helps you save for the future.

LIC Jeevan Saathi Double Cover Joint Life Plan

The best LIC policy for husband and wife is the one that best meets their individual needs and financial goals. There are a number of factors to consider when choosing a policy, such as the age and health of the couple, their income and expenses, and their desired level of coverage.

One of the most popular LIC plans for husband and wife is the LIC Jeevan Saathi Plus (Plan No. 197). This is a unit-linked joint life insurance plan that provides coverage to both the husband and wife under a single policy. It offers a number of benefits, including:

• Financial protection for both the husband and wife: In case of the death of either or both of the policyholders during the policy term, the nominee receives a death benefit.
• Flexibility in premium payment options: Policyholders can choose to pay the premium in a single lump sum, over a limited period of time, or on a regular basis.
• Maturity benefits: Upon maturity of the policy, policyholders receive a maturity benefit, which is the sum of the fund value and the guaranteed addition.

However, it is important to note that the LIC Jeevan Saathi Plus plan is no longer available for new purchase. LIC has discontinued this plan, but there are a number of other LIC plans that can be considered by couples.

Here are some other LIC policies that can be considered by husband and wife:

• LIC New Jeevan Anand Plan (Plan No. 915)
• LIC Jeevan Labh Plan (Plan No. 936)
• LIC Jeevan Lakshya Plan (Plan No. 933)
• LIC Jeevan Umang Plan (Plan No. 945)
• LIC Aadhaar Stambh Plan (Plan No. 943)

It is important to consult with a financial advisor to determine the best LIC policy for your individual needs and financial goals.

Best LIC Policy for Husband and Wife in 2024

The best LIC policy for husband and wife in 2023 will depend on the specific needs and circumstances of the couple. However, some of the most popular LIC plans for husband and wife include:

• LIC New Jeevan Anand Plan (Plan No. 915): This is a traditional endowment plan that offers a combination of life insurance and savings. It provides a guaranteed death benefit and maturity benefit, as well as bonuses.
• LIC Jeevan Labh Plan (Plan No. 936): This is another traditional endowment plan that offers a combination of life insurance and savings. It provides a guaranteed death benefit and maturity benefit, as well as loyalty additions.
• LIC Jeevan Lakshya Plan (Plan No. 933): This is a unit-linked insurance plan (ULIP) that offers a combination of life insurance and investment. It provides a guaranteed death benefit and maturity benefit, as well as the potential for investment returns.
• LIC Jeevan Umang Plan (Plan No. 945): This is a whole life insurance plan that provides lifelong coverage and guaranteed benefits. It provides a guaranteed death benefit and maturity benefit, as well as bonuses.
• LIC Aadhaar Stambh Plan (Plan No. 943): This is a term insurance plan that offers affordable life insurance coverage. It provides a guaranteed death benefit in case of the policyholder’s death during the policy term.

Couples should consult with a financial advisor to determine the best LIC policy for their individual needs and financial goals.

Eligibility Criteria of LIC Jeevan Saathi

 

 

 

 

 

 

Minimum Entry Age	18 years
Maximum Entry Age	55 years
MaximumMaturity Age	70 years

 

 

 

 

 

 

Benefits of LIC Jeevan Saathi Policy