Singlepremium life (SPL) is a type of insurance in which a lump sum of money is paid into the policy in return for a death benefit that is guaranteed until you die. … With singlepremium life insurance, the cash invested builds up quickly because the policy is fully funded.

Buy Life Insurance Plans and Policies from lic of india Avail tax benefits with … LIC’s Single Premium Endowment Plan is a participating non-linked savings cum investment plan

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