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samkapoor77LIC jeevan shagun policy was introduced on September 1st 2014. It is a single premium policy which is available for maximum period of 90 days. Insurance Corporation of India’s LIC jeevan shagun policy is also a money back plan. So we can say that Life Insurance Corporation of India’s LIC jeevan shagun policy is a a single premium money back plan. Just like LIC jeevan saral plan, LIC jeevan shagun policy also provide high cover for death during the term of the policy. LIC jeevan shagun policy provides option of selecting the maturity sum based on assured single premium which is fixed. The wonderful feature of this LIC jeevan shagun policy is that you can know the maturity value of the policy at the time of buying the policy itself.