Bima Lakshmi – 881

LIC Bima Lakshmi (Plan No. 881) is a non-linked, non-participating, individual savings life insurance plan specially designed for women. It offers periodic survival benefits, guaranteed additions, and a lump-sum maturity benefit along with life cover, helping women achieve financial independence and long-term security.

• Women-Centric Plan: Designed exclusively to meet women’s financial needs.
• Non-Linked & Non-Participating: Guaranteed benefits without market risk.
• Periodic Survival Benefits: Regular payouts at predefined intervals.
• Guaranteed Additions: Assured additions that enhance maturity value.
• Maturity Benefit: Lump-sum payout on survival till maturity.
• Life Insurance Protection: Financial security for family during policy term.
• Long-Term Savings: Encourages disciplined and systematic saving.
• Financial Independence: Supports women in achieving long-term goals.
• Tax Benefits: Eligible for tax benefits as per prevailing income tax laws.
• Trusted LIC Backing: Assurance of Life Insurance Corporation of India.

Detailed Description

LIC Bima Lakshmi (Plan 881) is a thoughtfully designed savings-oriented life insurance plan created to empower women with financial security and independence. The plan focuses on providing guaranteed benefits along with life protection, making it an ideal choice for women who want stable and predictable returns without exposure to market risks.

One of the key features of Bima Lakshmi is the payment of periodic survival benefits during the policy term. These payouts provide liquidity at important stages, helping policyholders meet personal or family-related financial needs while continuing long-term savings.

In addition to survival benefits, the plan offers guaranteed additions that accumulate over the policy duration. These guaranteed additions significantly enhance the maturity value, resulting in a strong lump-sum payout on survival till maturity.

The plan also provides comprehensive life insurance protection. In the unfortunate event of the policyholder’s death during the policy term, the nominee receives the death benefit, ensuring financial security for dependents.

Bima Lakshmi encourages disciplined savings through structured premium payments and clearly defined benefits. Since the plan is non-linked and non-participating, policyholders can plan their finances with confidence, knowing that the benefits are assured.

Backed by LIC’s strong financial foundation and trusted claim settlement record, Bima Lakshmi offers reliability, transparency, and long-term assurance. It is particularly suitable for women seeking a dependable insurance plan that combines protection, savings, and guaranteed returns.

Overall, LIC Bima Lakshmi – 881 is an excellent choice for women who want to secure their financial future with guaranteed benefits, periodic income, and comprehensive life cover, enabling long-term stability and financial confidence.