Top News

LIC Scheme: LIC has launched LIC Aadharshila Policy keeping in mind the financial security and savings of women. This scheme provides women the benefit of insurance protection as well as long-term savings. Women aged 8 to 55 years can avail this scheme, which ensures financial security for them and their family.

What is LIC Aadhar Shila Policy?

LIC Aadharshila policy is a simple and beneficial insurance plan that offers women an insurance cover of a minimum of Rs 75,000 and a maximum of Rs 3,00,000. The plan allows premiums to be paid on a quarterly, half-yearly or yearly basis. The term of this policy can be between 10 and 20 years, giving investors the freedom to choose the time frame as per their need.

How to get benefit?

This policy offers benefits on investment as well as maturity. For example, if a woman starts this plan at the age of 30 and saves Rs 58 per day, she will accumulate Rs 21,918 in a year. The total investment in 20 years will be Rs 4,29,392. On maturity, she will get a return of around Rs 7,94,000. Thus, this plan is an ideal option for protection as well as wealth growth.

Key Details of LIC Aadharshila Policy

This scheme is available only for women having Aadhar card and provides financial support to the family of the policyholder even after his/her death. The main points of the scheme are as follows:

• Minimum Sum Assured: Rs 75,000
• Maximum Sum Assured: Rs 3,00,000
• Policy Term: 10 to 20 years
• Premium Paying Term: 10 to 20 years
• Maximum Age at Maturity: 70 Years

Who can benefit?

LIC Aadharshila policy is specially designed for women. To avail this benefit, the woman must have an Aadhar card. This plan is suitable for women who want to save along with financial security and want to ensure financial security for their family in the future.