All you need to know about LIC Jeevan Labh Policy: Get Rs 54 lakh on saving of Rs 260 daily
By Lokmat English Desk | Published: December 1, 2022 04:17 PM2022-12-01T16:17:42+5:302022-12-01T16:17:42+5:30
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LIC Jeevan Labh Policy: There are many investment options available today, but most people invest in government schemes for safe investment. Investing in these schemes is easier and safer.
Most people who invest in insurance trust Life Insurance Corporation of India (LIC). You don't need to have a lot of money to invest in it. You can invest in LIC even with less money.
Jeevan Labh Policy (LIC Jeevan Labh Policy) is offered by LIC. This is a non linked profit plan, in which you can start investing with less money. In this scheme, the policyholder gets a lump sum after maturity.
Financial assistance is provided to the family of the policy holder on his death. It is not a share market related plan, it invests in it for a limited period of time.
In LIC's Jeevan Labh Yojana, the policyholder gets the benefit of full amount along with reversionary bonus and final additional bonus after maturity. In this scheme one can invest up to 10, 13 and 16 years and get money after 16 to 25 years.
A person between 8 years to 59 years can invest in this scheme. If you are 25 years old and you take this policy and take the 25 year maturity plan, you can get up to Rs 54 lakh.
For this you need to invest Rs 260 per day, that is Rs 92,400 per year. In 25 years, this amount will accumulate to Rs. 20 lakhs. After this you will get a total of Rs 50 to 54 lakhs along with reversionary bonus and final additional bonus.
