This is a traditional insurance plan which gives the basic life insurance cover. these plans do not have the investment or saving part with them so they do not have any maturity benefits attached to them. This is also the reason that they are cheaper than other plans.
The policies which are covered under term plans are
LIC Amulya Jeevan policy-II,
LIC Anmol Jeevan policy-II
LIC E-term policy 825.
These policies are give you a good insurance cover but then you do not get any survival or maturity benefits from it. In case you only want a cheap insurance coverage, this is the one you should consider.
to know more about these polcies in detail and choose the best one for yourself simply send a query here or call – 991-000-2694