For its clients, LIC continues to offer a variety of plans. We shall discuss a policy (the LIC Policy) today where you will receive the full 91 lakh rupees. Dhan Varsha Yojana is the official name of this LIC policy. You can start investing at a young age and don’t need to put much money into it. The unique feature is that you can benefit much from this method and achieve excellent results as a result.
Premium just has to be paid once.
You can make a profit of up to ten times in this, and you can save money there for a very long period. Additionally, you can benefit from life insurance, for which you will only need to make a single premium payment. The Dhan Varsha Plan of LIC Arik is an individual, non-participating life insurance plan. Customers benefit from this program in terms of savings and protection.
Who could profit from this LIC Policy?
Its minimum age is 3 years for plans up to 15 years, and it is 8 years for plans up to 10 years. You can only purchase a 15% 15-year policy after turning 35.
Where do I find the LIC policy?
Even as a very young child, you can invest in this plan. A savings insurance plan with a non-participating, single premium is called the LIC Dhan Varsha Policy. It can only be purchased offline; it cannot be purchased online.
The nominee receives the funds
you must visit the LIC office and submit an application there. You just need to pay the premium once in this case, and the money from the fund is given to the policyholder’s nominee or family in the event of his death.
How do I obtain 91 lakhs?
The nominee will receive Rs 91,49,500 in the event of the policyholder’s death during the tenth policy. On completion, this plan also provides a guaranteed sum. By depositing Rs. 10 lakhs early on, you can earn substantial profits later on.
Read more: If you have a PF account, you must be aware of the big update
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