Life Insurance Corporation of India (LIC) on Monday launched Dhan Varsha, a non-linked, non-participating, particular person, financial savings, single premium life insurance plan providing a mixture of safety and financial savings.
“The plan provides financial support for the family in case of unfortunate death of the life assured during the policy term,”” LIC mentioned in a press release.
This is a detailed ended plan and can be out there on the market until March 31, 2023, it added.