LIC is the largest and most popular insurance company in the country. By investing in any LIC policy, you not only get life insurance, but also good returns are given. Between inflation and rising expenses, LIC has many such plans, which are useful at all ages. Not only this, the future of your children can also be safe with these plans. Here we will give you information about the 5 best policies of LIC.
LIC Kanyadan Policy
LIC’s Jeevan Lakshya Policy is also known as Kanyadan Policy. With this policy, you can fulfill the future goals of the child. In this policy, if you deposit Rs 3600 together every month, you will get Rs 27 lakh after 25 years. Another thing is that in case of death of the insured, 10% of the sum assured in this policy will be given to the nominee every year.
LIC Jeevan Umang Policy
LIC’s Jeevan Umang insurance policy is quite famous. In this policy, you will be given a Guaranteed Survival Benefit equal to 8% of the Basic Sum Assured every year after the last premium you pay. This amount will continue to be given till the age of 99 years. Then if he survives till the age of 100, then maturity benefit will also be available. On the death of the policyholder, the nominee will get the money. Many other rider benefits are also given in LIC Jeevan Umang policy. Term rider benefit is given in case of accidental death or disability of the investor. You will get income tax exemption under 80C on the premium paid.
LIC Jeevan Labh Policy
If the policyholder dies before maturity, then the family gets a lot of help from this policy. A lump sum amount will be given on the survival of the policyholder during the policy term. You can also take a loan against this scheme. Death benefit, bonus or additional bonus, if any, is paid if the policyholder dies during the policy term and all premiums have been paid.
LIC Jeevan Anand Policy
In LIC Jeevan Anand plan, you get the double benefit of protection and savings. The surviving policyholder will be paid a lump sum amount on the completion of the policy term. In case of death of the policyholder, the money will be given to the nominee. However, the policy can be availed only on a single premium of at least Rs 50000. You can deposit as much money as you want.
LIC Jeevan Shanti Policy
LIC Jeevan Shanti policy is best for getting regular income. You will continue to get pension as regular income in this plan. This is a single premium policy. There will also be an option of joint life with return of purchase price. This means that whoever survives for a long time between the policyholder and his/her spouse will continue to receive the pension. Not only this, on the death of both the nominees get the invested amount.
