New Delhi: Life Insurance Corporation of India (LIC) has launched two new insurance plans, Protection Plus (Plan 886) and Bima Kavach (Plan 887) designed to offer both security and smart financial planning. Whether you are looking for savings-based coverage or a pure protection plan, these new products aim to meet different needs of policyholders. From eligibility rules and entry age to minimum sum assured, premium details and unique benefits, here’s a simple breakdown of what these plans offer and how they can support your financial future.

What is LIC’s Protection Plus (Plan 886)?

LIC’s Protection Plus (Plan 886) is a unit-linked, non-participating life insurance plan that offers a combination of life cover and investment opportunities. It ensures financial protection throughout the p

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