LIC New Schemes 2025: Indian citizens believe a lot in savings and investment. For this they invest money in different schemes. Some do SIP in mutual funds, some invest their money in equity, gold, silver ETFs. Some buy and sell shares, while others choose the safe path of PPF and FD. The one thing common in all these investment options is the desire to get good returns. Keeping this in mind, the country’s largest insurance company LIC has started 2 new insurance schemes for the common people. These schemes are starting from Wednesday, October 15.

Both the insurance schemes have been designed keeping in mind the lower income and middle class people. LIC has made these schemes completely risk free. On which there is no effect of market fluctuations.

Which are these two new schemes?

LIC has named these two new schemes as LIC Jan Suraksha and LIC Bima Lakshmi. Both these schemes have been designed to meet different needs. According to LIC, both these schemes will benefit lower class and middle class people.

LIC Jan Suraksha

LIC Jan Suraksha is a scheme started especially keeping the lower class in mind. Under this, people will get the benefit of low cost insurance. This scheme is a non-participating and non-linked insurance plan. Which means, this scheme protects people from the ups and downs of the market. This scheme has nothing to do with the market. Due to low premium, this can be a great scheme for lower class people.

LIC Insurance Lakshmi

LIC Bima Lakshmi Scheme has been designed keeping in mind the middle class people. This is a life insurance and savings scheme. Like LIC Jan Suraksha Yojana, it has also been made non-participating and non-linked. That means this scheme is not linked to the market. Under this scheme, investors will get life cover and money on maturity.

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