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