π LIC Micro Insurance Plans (Micro Bachat β Table No. 751)
LIC Micro Insurance Plans are designed to provide affordable life insurance coverage for low-income individuals and families. With low premiums, simplified enrollment, and essential financial protection, Micro Plans ensure that even economically weaker sections can access life insurance benefits. Micro Bachat (Table No. 751) is one of the most popular LIC micro-insurance options, offering savings and protection in a single plan.
Key Features of LIC Micro Plans (Micro Bachat β 751):
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1. Affordable Premiums:
Designed especially for low-income groups, making life insurance accessible and budget-friendly. -
2. Low Sum Assured Options:
Ideal for individuals seeking basic protection with a minimum financial commitment. -
3. Simplified Application Process:
Requires minimal documentation and easy onboarding, ensuring quick and hassle-free policy issuance. -
4. Savings + Protection Benefits:
Micro Bachat combines life cover with maturity benefits, helping policyholders save while staying protected. -
5. Flexible Premium Payment:
Offers convenient premium payment options to suit different income cycles and financial situations. -
6. Life Cover for the Policy Term:
Provides life insurance protection throughout the policy duration, ensuring security for loved ones. -
7. Maturity Benefit:
At the end of the policy term, the insured receives a maturity amount, adding a savings advantage. -
8. Suitable for Rural & Urban Low-Income Groups:
Specially designed to support financially vulnerable families in both rural and urban areas.
Why LIC Micro Plans Are Important:
Micro Insurance Plans make life insurance affordable and accessible for low-income individuals. They offer financial protection during unforeseen events and create a disciplined savings habitβensuring basic security for families who may not afford regular insurance plans.
Need Assistance?
Our LIC-certified advisors can help you choose the best Micro Insurance Plan based on your income, financial goals, and family needs. Contact us today for guidance on Micro Bachat (Table No. 751) and other LIC micro plans.