Here's a unique Insurance plan from LIC ( a pleasant surprise!!). It's called Jeevan Saral and it lives upto its name, for sure.
You simply decide the amount you are ready to pay every month. LIC will insure you for 250 times that amount, regardless of your age ( between 18 and 50, of course). And if you have any qualms about paying monthly, you can opt for quarterly, halfyearly or annual payments too.
The Maturity Sum Assured depends on the age at entry of the life to be assured and is payable on survival to the end of the policy term. It also offers the flexibility of term and a lot of liquidity by way of partial surrender of policy whenever you require some urgent money.
For benefit details and an illustration too, go to LIC.