Life Insurance Corporation of India ( LIC ) has introduced two new insurance products aimed at providing life cover along with financial flexibility: Protection Plus (Plan 886) and LIC’s Bima Kavach (Plan 887). These plans cater to different needs of policyholders, from savings to pure risk protection. Here’s a detailed look at the features such as entry requirements, eligibility, minimum sum insured, premiums, etc.

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LIC’s Protection Plus LIC’s Protection Plus is a non-participating, linked life insurance plan designed for individuals, combining both insurance protection and savings. Along with providing life cover for the entire policy term, it allows policyholders to select their

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