LIC India launches Dhan Sanchay life insurance plan

The Life Insurance Corporation of India (LIC) has launched Dhan Sanchay, a non-linked, non-participating, individual savings life insurance plan .

This plan offers financial assistance to the family in the event of the life assured’s untimely death within the policy’s term.

It also offers a guaranteed income stream from the date of maturity until the end of the payout period.

• LIC Chairperson: M R Kumar
• Headquarters: Mumbai
• Founded: 1 September 1956