हिंदी

Insurance is a kind of protection against financial losses. The Life Insurance Corporation of India (LIC) mainly looks after the insurance of a person’s life.

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प्रश्न

Insurance is a kind of protection against financial losses. The Life Insurance Corporation of India (LIC) mainly looks after the insurance of a person’s life. It also has policies like new children’s money back policy, health plans and pension plans.

In this context, answer the following question:

Name any two types of LIC policies.

अति संक्षिप्त उत्तर
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उत्तर

Two common types of LIC policies are Endowment Plans (which combine savings and protection) and Term Assurance Plans (pure protection)

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अध्याय 1: Budgeting and Savings - EXERCISES [पृष्ठ २१]

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डॉ. अलका अगरवाल, उर्वी रावल Home Science for Class 10th ICSE
अध्याय 1 Budgeting and Savings
EXERCISES | Q 7. (b) | पृष्ठ २१
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