New Delhi. LIC keeps on coming up with special plans to keep its customers safe today and tomorrow. Through LIC’s Jeevan Labh plan, you can make a corpus of Rs 17 lakh by investing Rs 233 every day. That is, you can become a millionaire in a few years. Let us tell you that the plans of LIC are prepared keeping in mind every category. Let us tell you about this special plan today.
This plan is for children’s marriage and education
The name of this policy is Jeevan Labh (936). This is a non linked policy. Because of this, this policy has nothing to do with the share market. This is a limited premium plan. The company has made this plan for children’s marriage, education and property purchase.
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Know the features of the policy
>> LIC’s Jeevan Labh policy offers both profit and protection.
>> People between the age group of 8 to 59 years can take this policy.
>> Policy term can be taken from 16 to 25 years.
>> Have to take a minimum sum assured of Rs 2 lakh.
>> 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 benefits of Sum Assured and Bonus.
On the death of the policy holder
If the policyholder dies during the policy term and has paid all premiums till death, his/her nominee will receive Death Sum Assured as Death Benefit, Simple Reversionary Bonus and Final Addition Bonus (if any) then) is paid. This means that the nominee will get an additional sum assured.
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Let us tell you how 17 lakhs will be made
Let us explain to you by example that if a person opts for 16 years term plan and 10 lakh sum assured option at the age of 23, then he will have to pay Rs 233 daily for 10 years. In this way, he will have to pay a total of Rs 855107. This amount will be given on maturity i.e. at the age of 39 years, which will be Rs 17,13,000.
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