LIC Scheme: LIC’s Jeevan Labh plan on maturity gives the policyholder the benefit of a reversionary bonus and a final additional compensation along with the total sum assured.
LIC Jeevan Labh Policy: If you invest, then LIC has come up with a better plan for your investment. You can easily earn up to Rs 54 lakh by investing Rs 260 daily. In today’s time, there are many options regarding investment, but still, most people go for government schemes. Government Scheme) and money in pension plans (Invest In Pension Plan) apply. Because investing in these schemes is safe, and there is also an option to raise more money.
Explain that most people rely more on the Life Insurance Corporation of India (LIC) for safe investments in insurance or insurance. You don’t need to have more money to invest in it. Investment can be made in these schemes even with less money. One such plan of LIC is Jeevan Labh Policy. This is a non-linked profit plan with limited premium payment.
Under this policy, the policyholder is given a lump sum amount on completion of maturity. However, if the policyholder dies, then financial help is provided to his family. This is not a stock market-linked plan. In this, investment is made at a limited time interval.
Benefits of the scheme
LIC’s Jeevan Labh Policy Yojana (LIC Jeevan Labh Policy Yojana) gives the benefit of a reversionary bonus and a final additional compensation along with the total sum assured to the policyholder at maturity. An insured person can deposit insurance premiums for 10, 13, and 16 years and they will be given money after 16 to 25 years. This scheme can be taken in 8 years, and the maximum age is 59. People taking insurance for 59 years can choose only a term plan for 16 years, and they will be given the benefit of insurance for 75 years.
This is how you will get 54 lakh rupees.
If you are 25 years old and make an investment plan for the LIC Jeevan Bima Labh Policy for a maturity period of 25 years, then an amount of up to Rs 54 lakh can be given to you. To get this amount, you have to invest Rs 260 every day. You will have to pay a premium of Rs 92,400 annually, amounting to Rs 20 lakh in 25 years. After this, you will get 50 to 54 lakh rupees, a reversionary bonus, and a final additional bonus.