By depositing Rs 233 per day in LIC’s Jeevan Labh policy, you can deposit a corpus of Rs 17 lakh. This is a non-linked plan, which has nothing to do with the stock market. There are many benefits of this scheme as well, let us also tell you.
Invest in LIC plan to secure your future. By investing a small amount in many plans, you can deposit a fund of lakhs of rupees. There is also a plan of LIC in which by depositing Rs 233 daily, you can create a fund of Rs 17 lakh. The name of this policy is Jeevan Labh. This policy is non linked. Which has nothing to do with the stock market.
It is clear that whether the stock market is on an edge or in a loss, this policy has no effect. That is, your invested money remains completely safe. This is a limited premium plan. This plan has been prepared by the company for children’s marriage, education and property purchase. Let us also tell you about this plan in detail.
Features of Jeevan Labh : –
- LIC’s Jeevan Labh policy offers both profit and protection.
- It can be bought by a person aged 8 to 59 years.
- This policy can be taken from 16 years to 25 years.
- In this, the sum assured must be at least Rs 2 lakh. While there is no maximum limit.
- Loan facility is also available on payment of premium for 3 years.
- Tax exemption on premium and on the death of the policy holder, the nominee gets the sum assured and bonus.
After the death of the policyholder : If the policyholder dies, all premiums have been paid by him till death, then the nominee will receive the Death Benefit Sum Assured on Death, Simple Reversionary Bonus and Final Addition Bonus. payment takes place. This means that the nominee will get the extra amount.
How to make Rs 17 lakh: If one chooses a term plan for 16 years and a sum assured of Rs 10 lakh at the age of 23, then he will have to pay Rs 233 per day for 10 years. In this way, he will be able to fill a total of Rs 855107 for 10 years. This amount will be given on maturity i.e. at the age of 39 years, which will be Rs 17,13,000.
