LIC Jeevan Umang Policy: LIC is the largest insurance company in India. A large number of people in the country see LIC as a safe and reliable investment option. For this reason, people prefer to invest in LIC schemes instead of investing in any other scheme. Investment in various schemes of LIC is also seen as a risk-free factor. In this episode, today we are going to tell you about a very special plan for LIC. The name of this plan is LIC Jeevan Umang Policy. After investing in this scheme, you get the benefit of security along with income. This plan is a non-linked, individual, participating, life insurance cover. Because of this people prefer to invest in LIC’s Jeevan Umang policy. Let us know about it in detail-
In this episode, today we are going to tell you about the mathematics of the LIC Jeevan Umang policy, in which you can invest Rs 45 every day and get a monthly benefit of Rs 36,000 every year.
If you apply for an insurance cover of Rs 4.5 lakh in the LIC Jeevan Umang plan at the age of 26. In this case, you will have to invest Rs 1350 (about Rs 45 per day) every month.
At the same time, after 30 years your premium payment will total Rs 4,76,460. In such a situation, after investing in this scheme after 30 years, you will get a benefit of 36 thousand rupees every year. Under LIC’s Jeevan Umang policy, you can invest in it for 15, 20, 25, or 30 years.
Under the policy, if there is an accident or death of the insured, then he will be benefited from this plan. You also get an income tax exemption by investing in this policy.
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