Question

Life Insurance Corporation of India (LI

  • C launched two new joint life insurance savings plans for couples in May 2026. What are the names of these plans?
A LIC's New Jeevan Sathi Single Premium and LIC's New Jeevan Sathi Limited Premium Correct Answer Incorrect Answer
B LIC's New Jeevan Saathi Single Premium and LIC's New Jeevan Saathi Limited Premium Correct Answer Incorrect Answer
C LIC's Jeevan Umang and LIC's Jeevan Labh Correct Answer Incorrect Answer
D LIC's New Jeevan Anand and LIC's New Jeevan Shanti Correct Answer Incorrect Answer
E LIC's Jeevan Akshay and LIC's Jeevan Nidhi Correct Answer Incorrect Answer

Solution

LIC announced the launch of "LIC's New Jeevan Sathi Single Premium" (one-time premium plan with guaranteed additions of Rs 70 per Rs 1,000 of Basic Sum Assured) and "LIC's New Jeevan Sathi Limited Premium" (limited premium plan with 7% guaranteed additions on Tabular Annual Premium), available from June 2026.

Practice Next
ask-question