On the occasion of 70th anniversary of Life Insurance Corporation, R. Doraiswamy, the CEO & MD,LIC, launched two new plans- Bima Platinum (Plan 770) andJeevan Raksha (Plan 894).
LIC’s Bima Platinum is a Non-Par, Non-Linked, Individual Plan which offers an attractive combination of savings and protection. Its Jeevan Raksha is also Non-Par, Non-Linked, Pure Risk Plan where benefits payable on death are guaranteed and fixed irrespective of actual experience. The Policy is not entitled to any discretionary benefits like bonus etc. or share in surplus.