LIC occasionally introduces new insurance plans. You can prepare for the future of your family or your children by investing in these policies. People can save money and get safety from LIC. We will discuss a LIC programme today where you can invest and receive more than Rs 54 lakh at maturity. One such programme is the LIC Jeevan Labh Yojana (LIC Jeevan Labh Yojana). By setting aside Rs 256 every day, you can accumulate a wealth of Rs 54 lakh in this.
LIC Jeevan Labh Policy Advantages
1. Jeevan Labh Policy investments are open to all citizens between the ages of 18 and 59.
2. On maturity, the benefit of the reversionary bonus and the last additional bonus are distributed.
3. You have a 10- to 25-year investment window with this plan.
4. After 25 years, you will receive your entire investment.
5. This is an independent insurance plan.
6. In this system, you receive a death benefit.
7. The money collected from this programme upon maturity is tax-free.
You must deposit 256 rupees per day
in this scheme in order to receive the 54 lakhs. This states that you make an investment of roughly Rs 7700 every month. You need to deposit Rs 92,400 in a year. You must deposit money for 25 years if you invest for that long. You will then receive Rs 54.50 lakh at maturity following this.
Who may invest in this programme?
You must be at least 18 years old and at most 59 years old to invest in this scheme. For ten to twenty-five years, you can invest in this plan. If a person purchases 21-year insurance coverage, his age should be 24. In the event of the policyholder’s death, the nominee receives the benefit.
Read More: Apart from PM Kisan, This benefit will be available in just Rs1
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