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Lic Aadhaar Shila vs Flexi Smart Plus

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Lic Aadhaar Shila vs Flexi Smart Plus

Lic Aadhaar Shila

LIC’s Aadhaar Shila Plan (Plan No: 944) is a non-linked insurance plan, with profits and a regular premium-paying endowment plan. This plan is a combination plan that offers both savings as well as protection. LIC’s Aadhaar Shila Plan is primarily for female policyholders having Aadhaar ...

Flexi Smart Plus

SBI Life Flexi Smart Plus is a non-linked life insurance plan    This plan offers the required comprehensive life insurance cover along with investment opportunities. It is a participating variable insurance plan that allows the beneficiary to receive the sum assured or 105% of total premi...

PLAN DETAILS

Lic Aadhaar Shila


Flexi Smart Plus

Premium Including GST
Key Features
(Key features of the plan)
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
  • Offers Surrender Benefit
  • Tax Benefits Available
  • 100% Guaranteed Returns
Plan Uniqueness
  • Auto cover facility
  • Female Only Plan
  • Low premium plan.
  • Partial Withdrawal
  • Guranteed Death Benefit
  • Maturity Benefit
Plan Maturity age Maximum Maturity Age - 70 years Maximum Maturity Age - 65 years
Premium payment term Same as the policy term Annual, half-yearly, quarterly & monthly
Plan Entry Age Minimum Age - 8 years Maximum Age - 55 years Minimum Age - 18 years Maximum Age - 60 years
Sum assured Rs 75,000 to Rs 3,00,000 10 times annual premium
Premium payment frequency Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure Minimum term - 10 years Maximum term - 20 years Minimum 5 years to Maximum 30 years
Claim Settlement Ratio (2024-25) 98.5% 98.83%

Know More About Plans

LIC’s Aadhaar Shila Plan (Plan No: 944) is a non-linked insurance plan, with profits and a regular premium-paying endowment plan. This plan is a combination plan that offers both savings as well as protection.

LIC’s Aadhaar Shila Plan is primarily for female policyholders having Aadhaar cards provided by UIDAI (Unique Identification Authority of India). This is a Loyalty Addition based plan and does not require any medical tests.

This plan also provides financial assistance to the policyholder’s family in the event of his/her miserable death even during the maturity period and if the policyholder survives the policy term a fixed sum assured is paid at the time of maturity.

LIC Aadhar Shila Plan offers you a range of benefits including:

why-choose
  • Death Benefits
  • Maturity Benefits
  • Loyalty Additions
  • Auto cover continuance
  • Policy Loan

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