LIC is currently the finest alternative for investing money. There are numerous life insurance schemes that pay out large sums of money with respectable returns upon maturity, but today we’ll tell you about one such policy (the LIC Policy), which allows you to make money each month. Investors have the chance to profit from LIC each month. Let me explain to you how to make Rs 36,000 each month.
This plan is LIC Jeevan Akshay policy
allows you to make money each month. You only need to make a single lump sum investment in this to start earning money each month. A single premium, non-linked, non-participating, and personal annuity plan is the Jeevan Akshay Policy.
How much money can you invest in total?
You also have the choice of a pension of Rs. 12000 per year if you choose to invest some money. If you have more money to invest, though, you can pick another course of action. Even with a monthly investment of just one lakh rupees, you can profit. You would receive Rs. 12000 years for an investment of one lakh. The maximum investment in this scheme is currently unrestricted.
Who will benefit
- People between the ages of 35 and 85 are eligible to purchase this policy
- in addition to disabled individuals
- There are ten different ways you can receive a pension under this program.
To receive the full 36,000 rupees per month under this policy
you must choose the Annuity payable for life at a fixed rate option. You will receive a lump sum pension each month under this. For instance, a 45-year-old who enrolls in this plan and selects the Sum Assured option of Rs. 70,00,000 will be required to pay a lump sum premium of Rs. 71,26,000 for that coverage. He will receive a monthly pension of Rs 36429 after making this investment. Please let them know that their pension will end when they pass away.
Read More: Money doubled in 3 months due to high returns given by government banks
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