Current Affairs · Banking & Insurance Schemes
In October 2025, LIC launched two new insurance plans: LIC's Jan Suraksha and LIC's Bima Lakshmi. Which of the following statements is/are correct about these plans? 1. LIC's Jan Suraksha is a Life Micro Insurance Plan with entry age 18-55 years and a sum assured of ₹1-2 lakh. 2. LIC's Bima Lakshmi is exclusively for females, with entry age 18-50 years and a minimum sum assured of ₹2 lakh. 3. Both plans have a fixed 25-year policy term with a premium paying term of 7-15 years.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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Both 1 and 2
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