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Life Insurance Corporation of India (LIC) is not only important from an investment point of view, but many of its plans are also popular for getting good insurance cover and returns on investment. There is a large number of people who trust LIC in India and a large amount of investment is made in many of its policies.

LIC Jivan Lakshya Policy:- Life Insurance Corporation of India (LIC) is not only important from an investment point of view, but many of LIC's plans are popular for getting good insurance cover and returns on investment. There is a large number of people who trust LIC in India and a large amount of investment is made in many of LIC's policies.

LIC has introduced many policies till now and if we look at LIC's Jeevan Lakshya policy then it is a very beneficial policy. Therefore, in this article, we will briefly know about this Jeevan Lakshya policy of LIC.

LIC's Jeevan Laksha Policy is beneficial.
LIC's Jeevan Laksha Policy is an important policy which fulfills the objectives of the policy even after the death of the insured. Also, if the insured i.e. the policy holder dies, the insurance premium is paid by the company and not only this, the nominee of the policy holder also gets ten percent of the sum assured for expenses.

If we look at the eligibility for this policy, people between the ages of 18 and 55 can invest in it and the term of this policy is 13 to 25 years. If we look at the maturity age, it is 65 years and the premium has to be paid for three years less than the number of years this policy continues.

For example, if you have chosen a 23-year policy, you have to pay premium for 20 years. Through this scheme, the insured gets a minimum sum assured of Rs 1 lakh and there is no limit on the maximum sum assured. In this policy, you can pay monthly, quarterly, half-yearly and annual premium.

How much death benefit is available?
This policy also provides death benefit. That is, if the policyholder dies before the policy is completed, the company collects the premium and pays ten percent of the sum assured to the nominee every year until the premium starts before the maturity of this plan. This policy has been specially designed keeping in mind the needs of children.

An investment of Rs 122 per month gives you 26 lakhs in this way.
Suppose you buy a policy at the age of thirty and the sum assured is Rs 10 lakh and the bonus is Rs 11 lakh 50 thousand. In this, you have to pay a premium of Rs 43 thousand 726 per year and if you look at the monthly premium, it is Rs 3644.

That means if you invest Rs 122 every day, you can take advantage of this policy and if you plan in this way, you will get Rs 26 lakhs on the maturity of this scheme. That is, if you understand it in a simple way, age thirty years, basic sum assured is Rs 10 lakhs,

The policy term is twenty-five years, the death insurance amount is eleven lakh rupees, the premium is Rs 3723 per month, if you take a three-month premium, it is Rs 11170, if you take an annual premium, it is Rs 43 thousand 726, and if you look at it daily, you will have to invest Rs 122. Thus, you will get Rs 26 lakh on maturity.