mumbai life insurance corporation of india lic sought to rest speculation that it had no policies for women and that it was unable to design one for the fairer sex it is not correct to say that lic did not have a policy for women all we did was withdraw an exclusive policy for women jeevan bharati and replaced it by an improved version called jeevan bharatii lic managing director d k mehrotra said here i dont want my customer to get misled this is a very popular plan amongst women he said clarifying further mehrotra said jeevan bharati was withdrawn on july 30 this year the very same day jeevan bharatii was launched which has so far attracted 15000 women policy holders jeevan bharatii is a good plan as it looks after major investments specific to ladies it also takes care of the unborn child he said a unique element in jeevan bharatii is that it offers insurance cover as an addon for critical illness among women and congenital disabilities other features include encashment of survival benefit flexibility to pay premium in advance option to receive maturity proceeds in the form of an annuity and auto cover