LIC Policy: Policyholders get a lump sum payment on maturity. Jeevan Anand policy is for a long term of 35 years. In this, you have to invest Rs 45 daily or Rs 1,358 per month.
LIC Policy: Life Insurance Corporation of India (LIC), a leading government-backed insurer, provides many opportunities for safe investment to the people. Now we are going to tell you about a special scheme in which you can earn lakhs by investing a small amount.
LIC’s offerings also include the Jeevan Anand policy, which is renowned for its policy benefits and assured protection of investments. This plan is a testimony to LIC’s commitment to providing better financial solutions to the customers.
This policy offers the facility to build a fund of Rs 25 lakh by investing a nominal amount of Rs 45 lakh. This attractive proposition makes this plan extremely attractive for investors seeking permanent financial security.
Policyholders get a lump sum payment on maturity. Jeevan Anand policy is for a long term of 35 years. In this, you have to invest Rs 45 daily or Rs 1,358 per month.
With no restrictions on investment limits, individuals can customize their coverage as per their needs. The policy guarantees a minimum sum assured of Rs 1 lakh while there is no pre-determined maximum limit, ensuring flexibility and adaptability to changing financial circumstances.
With a monthly investment of Rs 1,358 over 35 years, the total contribution amount will be Rs 5,70,500. On maturity, the policyholder will receive a revised bonus of Rs 8.60 lakh, a final bonus of Rs 11.50 lakh and an insurance payout of Rs 5 lakh. The special thing is that the bonus is paid twice during the policy term, which increases the overall benefit earned by the policyholder.