Buying your first LIC policy can feel overwhelming, especially with so many plans available. In this blog, we break down the key types of LIC insurance—term plans, endowment policies, money-back plans, and whole life coverage—to help you understand which one best suits your life stage and goals. We explain the difference between risk-only and savings-linked plans, discuss how much coverage is ideal, and guide you on what factors to consider (like age, income, and dependents). We also cover the importance of riders like accidental death benefit and critical illness cover. Whether you’re a salaried employee, business owner, or homemaker, this blog offers a simple yet detailed roadmap to make the right LIC decision. With real-life examples and expert insights from Vineet Solanki, this guide will help you choose a plan that truly protects your family and future.