LIC One time Premium plans are designed as the requirements of the Indian Small savings in mind. One time investment plan comes with inbuilt Life Insurance cover. This combination of Investment and Insurance cover makes affordable for middle class families.
Single Premium plans help parents to invest lumpsum for higher education, overseas education, Marriage, setting up office, Clinic etc. after completing studies. A small amount invested today may fetch good returns after 15 or 20 years.
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