Lic’s best Term plan in Chandigarh is most important to provide complete Human Life Value (HLV) to an individual. Such type of plans are pure risk plans are pure risk plans that provide very high risk cover to the client and that is with very low premium. These plans also call income replacement plan as if an individual opts for a term plan according to their HLV then in case of his / her death the defendant gets the complete amount which works as income to the family for many years. Various combinations are available with term plans to provide more benefits to the policyholders and making this plan more attractive.
The various types of insurance plans are listed below: