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HomePersonal FinanceLIC's great policy: 27.60 lakh rupees are available on a monthly premium...

LIC’s great policy: 27.60 lakh rupees are available on a monthly premium of only Rs 1302, know how

This policy also offers some rider benefits along with better returns. For example, if the investor dies in an accident or becomes disabled under the policy, the term rider benefit will be available.




The discussion of the IPO of the country’s largest insurance company LIC is in full swing these days. Everyone is looking for an opportunity to earn big money by investing in it. But if you want, you can earn big money by investing money in some special schemes of LIC and also you can secure the future of yourself and your family. Today let us tell you about one such special policy of LIC.

We are talking about the popular policy of LIC, Jeenav Umang. The special thing about this policy is that a person from 3 months old to 55 years can also invest in it. Actually this one is an endowment plan. In this, along with life cover, a lump sum amount is available on maturity. Another feature of this scheme is that it provides coverage up to 100 years.

In this way the amount of 27.60 lakh will be received

If a person pays a premium of Rs 1302 every month in this policy. So in a year that amount is Rs 15,298. If this policy is run after 30 years, then the net amount becomes about Rs 4.58 lakh. The company starts giving you a return of 40 thousand every year from the 31st year on your investment. If you take a return of 40 thousand annually for 31 years to 100 years, you get an amount of about Rs 27.60 lakh.

These benefits are also available

Jeevan Umang policy also offers some rider benefits along with hefty returns. For example, if the investor dies in an accident or becomes disabled under the policy, the term rider benefit will be available. Apart from this, income tax exemption is also available under 80C on the premium paid. In this way, with this policy, you can not only earn money but also secure the future of your family, because if the policy holder dies during the running of the policy, then the nominee gets the full amount.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
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