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LIC Policy: There are many savings schemes available in the market in terms of investment. Life Insurance Corporation of India ie LIC runs many beneficial schemes for its customers, in which there is a policy for people of all ages. One of these is LIC Jeevan Labh Policy. LIC Jeevan Labh offers the benefits of both protection and savings. After investing in this scheme, you will get a huge amount at the time of maturity.
So much investment every month in LIC policy!
In this policy of LIC, you will have to save only Rs 7,572 every month. You can add Rs 54 lakh to your future. It is a fixed premium paying and non linked plan. It also gives financial support to the family in case of death of the policy holder. Along with this, if the policy holder survives till maturity, then he will get a huge amount. Under this plan, investors can choose the premium amount and tenure as per their wish.
Get Rs 54 lakh on maturity
The minimum age for taking the policy is 18 years and the maximum is 59 years. For example, if a person takes a Jeevan Labh policy at the age of 25, he will have to invest Rs 7,572 per month or Rs 252 per day. That means Rs 90,867 will be deposited annually. He will deposit around Rs 20 lakh. After completion of maturity, the policy holder will get an amount of Rs 54 lakh. If you invest in LIC’s Life Benefit, then on maturity you are also given the benefit of Reversionary Bonus and Final Additional Bonus.
Benefits of LIC Jeevan Labh Policy
Any citizen from 8 years to 59 years can invest under this scheme. Under this policy, the insurance holder can deposit money for 10, 13 and 16 years, which will be given on maturity of 16 to 25 years. A person of 59 years can choose an insurance policy for 16 years, so that his age does not exceed 75 years.
Apart from this, if the policyholder dies due to any reason during the policy term, then the nominee gets its benefit. The insurance company also gives the benefit of insurance along with the bonus to the nominee. Death benefit is considered to be the biggest plus point of this policy.
(pc rights of employees)
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