LIC Launches Single Premium Group Micro Term Insurance Plan Affordable Life Insurance for Small Groups!

A simple, one-time premium life insurance plan for low-income groups. It provides financial security to members' families in case of untimely death.

Who Can Apply? Microfinance institutions, self-help groups, and NGOs can easily enroll their members. Minimum 5 members needed!

– One-time premium: Pay once, stay covered. – Group cover: For groups of 5 or more. – Flexible terms: 1 to 5 years of coverage.

In case of a member’s death, the nominee gets a lump sum, offering financial help during tough times.

Why Choose LIC? Trusted by millions, LIC makes life insurance simple, affordable, and easy to claim.

LIC’s new plan is a great way to ensure financial protection for low-income families.