LIC launches savings life insurance policy Dhan Rekha

State-owned Life Insurance Corporation of India (LIC) on Monday has launched a new non-linked, non-participating, individual savings life insurance plan called Dhan Rekha with effect from December 13, 2021. According to a press release issued by LIC on December 13, there are special premium rates for female lives and the plan is allowed to the third gender. LIC Dhan Rekha Plan details There are special premium rates for female lives. The plan is allowed to Third Gender. All Benefits under the plan are fully guaranteed. The policyholder will receive full sum assured without deducting the money-back amount along with accrued guaranteed additions. The minimum sum assured is Rs 2 lakh, with no upper restriction on the maximum sum assured. The minimum age at entry ranges from 90 days to eight years and the maximum age at the entry ranges from 35 years to 55 years, depending upon the chosen policy term. For single premium death, the sum assured is 125 percent of the basic sum assured plus guaranteed additions. The plan can be purchased both offline and online This plan also includes a loan facility to meet liquidity requirements. Optional riders are available under this plan for an extra price with some restrictions

LIC launches savings life insurance policy Dhan Rekha