Keeping in mind the needs of its customers, LIC keeps offering great offers from time to time. Recently LIC has introduced Jeevan Labh Policy to make the life of its customers easier.
By investing in this policy of LIC, you get a return of lakhs on maturity. This means that by saving a small amount every month you can get good returns. LIC's Jeevan Labh plan offers both protection and savings benefits to the customers. Let us know how much and how we can invest in it.
Let us tell you that in LIC Jeevan Labh policy you will have to save only Rs 7572 monthly. In this, you will get a fund of Rs 54 lakh on maturity. This is LIC Limited Premium and Non-Linked Policy. At the same time, this policy assists the family in the event of the death of the policyholder. Apart from this, if the policyholder survives, he will get a huge amount. Let us tell you that to take the policy, your age should be 18 years and the maximum amount should be Rs 59 lakh.
In such a situation, if someone takes a Jeevan Labh policy at the age of 25, he will have to invest Rs 7572 every month or Rs 252 every day. That means Rs 90869 will have to be deposited annually. Accordingly, you will have to deposit around Rs 20 lakh. After completion of maturity, the policyholder will get a fund of Rs 54 lakh. In this, you will also get a reversionary bonus and a final additional bonus on maturity.
Know its specialty
Any citizen of the country between 8 years to 59 years can invest in this government scheme. Under this policy, the policyholder can deposit money for 10, 13, and 16 years. In this, money is given in the maturity period of 16 years to 25 years.
If a person is 59 years old then he can choose a policy for 16 years. So that the age is not more than 75 years. Apart from this, if the policyholder dies due to any reason during the policy term, the nominee gets the benefit. The company also provides the benefit of a sum assured along with a bonus to the nominee.
If the policyholder dies due to any reason, the nominee gets the benefit. The insurance company also provides the benefit of a sum assured along with a bonus to the nominee. The death benefit is considered to be the biggest plus point of this policy.
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