LIC frequently develops a variety of schemes for its clients. If you are now seeking a decent way to invest your money, we will now discuss three unique Life Insurance Corporation of India plans with you. Your money will be secure in this, and you’ll also see nice returns. All LIC categories of persons have access to special policies.
Where should I invest my money?
Let us inform you that LIC offers a variety of insurance plans that yield positive returns on investment. By doing this, you can put together a solid fund. Today, we’ll let you know which Life Insurance Corporation of India programs would provide you with profitable investments.
1. The New Jeevan Anand Policy of LIC
In the LIC’s New Jeevan Anand Policy, you receive various advantages. With this method, your money yields superior returns. The applicant’s age should fall within the range of 18 and 50 in this. The scheme’s maturity age is 75 years. You also have the option of a sum assured by investing in it. Moreover, you also benefit from tax exemption. You can also decide to give up the policy.
2. LIC Jeevan Umang Policy
The returns on the LIC’s Jeevan Umang policy are significantly better. The applicant’s age should fall between 90 days and 55 years in this case. You also receive the benefit of tax exemption in this. An endowment plan is this. The nominee receives all the money in the event of a policyholder’s death. You also receive a sum assured of Rs. 2 lakhs with this policy.
3. LIC New Children’s Money Back Plan
also known as LIC’s New Children’s Money Back Plan. This strategy was created with kids in mind. Children benefit financially from this. The application’s age should fall between 0 and 12 years old. Up to Rs 1, lakh can be invested in this. This scheme has a maximum maturity age of 25 years.
Read More: Jeevan Jyoti Bima Yojana, Get benefits of upto Rs 2 Lakh
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