Life Insurance Corporation of India rolls out Dhan Rekha plan

LIC has introduced new Dhan Rekha plan with effect from December 13, 2021.

LIC’s Dhan Rekha is a non-linked, non-participating, individual savings life insurance plan. The plan has unique offerings. There are special premium rates for female lives, and the plan is allowed to the third gender.

Sum assured: 2,00,000.

Maximum amount: Nil

Survival benefits:

20 years- 10% of Basic Sum Assured at the end of each of 10th and 15th policy year.

30 years- 15% of Basic Sum Assured at the end of each of 15th, 20th, and 25th policy year.