Secure Life in Rs.25/- per week with LIC Micro Insurance Product
After a finance research result that was shows that 60 percent of the Indian population still resides in rural area. LIC decide to work on a special insurance product for rural area, and low income sections of society . And these products are
LIC MICRO INSURANCE PRODUCT, sold only by Self Help Group (SHG) and NGOs.
Micro Insurance Product
are-
- LIC Jeevan Madhur
- LIC Jeevan Mangal
LIC Jeevan Madhur -an Endowment Assurance plan, launched in September 2006. In this product policy holder can easily pay premiums regularly according to its own capecity, such as at weekly, fortnightly, monthly, quarterly, half-yearly or yearly intervals bases over the term of the policy.