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Lic New Policy: Life Insurance Corporation of India (LIC) is the largest insurance company in the country which the Government of India owns. It is also the largest investment company in the country.

Most people have this question: How much return do you get in LIC? A question often asked is how much will you get if you deposit Rs. 100000 in LIC?

It depends on many factors like the period of investment, amount of investment, age of investment etc. LIC provides services like life insurance cover, accident benefit rider, health insurance, etc. If the policyholder reaches the maturity period in the right condition, he gets the original investment amount along with a bonus and an additional bonus.
 

How much will you get if you deposit Rs 100000 in LIC?

To understand how much LIC gives on depositing Rs. 1,00,000, let's understand all the insurance plans of LIC through calculation. Remember that most of the insurance plans of LIC are above Rs. 1 lakh, hence only a few plans (which give insurance of Rs. 1 lakh) are mentioned.

Apart from this, LIC's single premium plans are also above Rs 1 lakh.

914-How much will you get if you deposit Rs 100000 in New Endowment Plan

LIC's New Endowment Plan can be purchased for a person aged between 8 years to 55 years. The minimum sum assured will be Rs 1 lakh and there is no maximum limit.

The premium paying term can be kept as a minimum of 12 years and a maximum of 35 years.

If a 25-year-old person takes insurance of Rs 1 lakh in LIC New Endowment Plan for 35 years, he will get Rs 4,42,500 after 35 years.

If you invest in LIC's New Endowment Plan for 12 years, you will get Rs 1,42,000 at the time of maturity.
 

Apart from this, in New Endowment – ​​LIC's New Jeevan Anand, Jeevan Lakshya, Bima Jyoti, and Micro Bachat insurance plans can be taken at a minimum sum assured of Rs 1 lakh.

Apart from this, insurance plans up to Rs 1 lakh are also available for children.