BHOPAL : The LIC has introduced two regular premium endowment assurance plans for individuals having Aadhar card issued by UIDAI (Unique Identification Authority of India). Aadhar Shila is a plan exclusively designed for females and Aadhar Stambh for males.
These plans offer a combination of insurance and savings and a lump sum amount at the time of maturity for the surviving policyholder and financial support for the family in the case of death of the policyholder before maturity.
The maturity benefit under both the plans will be the sum assured with loyalty additions if any.
The total basic sum assured under all policies issued to an individual under this plan shall not exceed Rs 3 lakh. This plan is available to persons of age 8 to 55 years without any medical examination. The maximum age of maturity is 70 years and the terms available are from 10 to 20 years.