Current Affairs · Banking and Insurance
In July 2025, which of the following statements regarding LIC’s recently launched plans, Nav Jeevan Shree and Nav Jeevan Shree Single Premium, are correct? 1. The minimum age at entry for both plans is 30 days and the maximum age at maturity is 75 years. 2. Nav Jeevan Shree is an endowment plan with guaranteed additions of 8.5% to 9.5% of the annual premium. 3. The minimum sum assured for both plans is Rs. 5 lakh, with no maximum limit subject to board-approved underwriting policy.
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