
LIC introduces two new insurance plans
The Hindu
LIC introduces Jan Suraksha and Bima Lakshmi plans with guaranteed additions and financial protection features for diverse customers.
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Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












