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New Jeevan Amar and Tech Term: LIC floats two term assurance plans with fixed premiums, guaranteed returns

LIC new term insurance plans: As per the details provided by the company, both the plans are non-linked and non-participating plans, which means policyholders can pay fixed premiums and receive guaranteed returns.

LIC withdraws Jeevan Amar, Tech Term insurance plans Details here

LIC had launched Jeevan Amar plan in August 2019 and the Tech Term plan in September 2019. It had not raised premium rates of the plans since their launch. The company will relaunch the products soon with modifications.

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