Indians have many investment possibilities for the future. Insurance is a risk-free solution to guarantee one's future and family's future.

The Life Insurance Corporation (LIC) offers a wide variety of insurance coverage, which the people of India value highly.

The LIC Aadhaar Shila plan is a non-linked, participating, individual life insurance plan that focuses on women and girls. Under this policy, if you invest Rs. 29 every day, you could get Rs.4 lakh

The plan offers a lump sum payment at maturity to the surviving policyholder in the event of the policyholder's death before maturity and financial support for the policyholder's family.

In addition, the Auto Cover and loan facility provided by this plan make it possible to satisfy any necessary cash requirements.

The LIC Aadhaar Shila plan has a maximum basic sum assured of Rs 3 lakh, but the minimum basic sum assured for this plan is Rs 75,000 per life.

According to this, the maximum amount of money that a person is permitted to put in the LIC Aadhaar Shila insurance is Rs 3 lakh.

The maturity time of this policy may be between ten and twenty years. The premium can be paid monthly, quarterly, biannually, or annually.

Let's learn from this example. If you saved Rs. 29 every day, you could put Rs. 10,959 into the LIC Aadhaar Shila plan in a year.

Assume you start the plan at 30 and follow it for 20 years. Investing Rs 2,14,696 over 20 years will earn Rs 3,97,000.

This programme is for 8-55-year-old women. According to LIC's website, this plan is only available to healthy people without a medical exam.