Ahead of Diwali 2025, LIC has launched two new plans - 'Jan Suraksha' and 'Bima Lakshmi'. These are non-linked and non-participating schemes, where investments remain 100% secure. The Jan Suraksha scheme offers a combination of savings and life insurance for low-income families, while Bima Lakshmi caters to the middle class.
LIC: The Life Insurance Corporation of India (LIC) has launched two new plans - 'Jan Suraksha' and 'Bima Lakshmi' - just before Diwali 2025. Available from October 15, these non-linked and non-participating policies offer investors 100% secure funds and guaranteed returns. The Jan Suraksha scheme is specifically designed for low-income families, while Bima Lakshmi provides a combination of life insurance and savings for the middle class.
Your Money Will Be Completely Secure
Today, most investment options are linked to the stock market or equity funds. In such a scenario, it becomes difficult for investors to find schemes where their money remains completely safe. LIC's new plans fill this gap. Being non-linked means that the invested money does not go into any risky funds. Therefore, regardless of market volatility, the investor's returns remain secure. Furthermore, being non-participating means that there is no share of bonuses or company profits. The maturity amount is determined at the time of purchasing the policy itself. This way, investors gain financial security and peace of mind.
Jan Suraksha Scheme: For Low-Income Families
LIC's Jan Suraksha scheme is specifically designed for low-income families and the economically weaker sections. It is a microinsurance plan that provides a life insurance safety net at a very nominal premium. Often, people with limited income avoid taking insurance because the premiums are too high for their budget. The Jan Suraksha scheme addresses this challenge. This scheme ensures that in case of any unforeseen event, the family does not face sudden financial crisis. Since this plan is not market-linked, it carries no risk, making it an affordable and reliable option for people.
Bima Lakshmi Scheme: A Combination of Security and Savings
Middle-class families have slightly different needs. They want their hard-earned money to be secure and sufficient funds accumulated for children's education, marriage, or retirement in the future. The LIC Bima Lakshmi scheme fulfills both these requirements. Under this scheme, the policyholder receives lifelong security cover along with a lump sum guaranteed maturity amount upon completion of the policy term. This plan is also free from market risks, allowing investors to plan for a secure future without any stress.
Key Features of the Schemes
The biggest feature of both these schemes is that the returns for investors are predetermined. There are no changes due to market fluctuations, economic instability, or any other reason. In the Jan Suraksha scheme, the investor receives life insurance cover with a minimal premium, while in the Bima Lakshmi scheme, the investor gets security along with good long-term returns. These schemes provide financial security with transparency and trust.
Opportunity for Investors
The launch of these schemes during the festive season presents a great opportunity for investors. For those who wish to avoid the stock market or other risky investments, these schemes emerge as safe alternatives. Both schemes are suitable for middle and low-income groups, and investors can choose a plan according to their priorities.
