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LIC’s ULIP plan: Life insurance will be available, if you invest so much money in a year, you will get 10 times more return

In LIC’s ULIP, you can also choose the premium payment facility on an annual, half-yearly or quarterly basis. In LIC’s ULIP, you can pay 4 thousand, quarterly 12 thousand, half-yearly 22 thousand or 40 thousand rupees annually on the basis of minimum premium.

LIC’s ULIP plans not only provide security cover, but also help you in maintaining a better lifestyle like today. People work every day to ensure prosperity and prosperity in the family and the dreams of the people of the house can be fulfilled. People make different plans in life so that the family can be saved from adverse situations, problems like inflation and future dreams. LIC’s Unip plans help people to avoid these odd situations.




ULIP plans also help in increasing family prosperity with life insurance. Ulips also provide insurance as well as investment in plans. Simply put, your money is invested on the basis of the funds you choose and on the basis of market-linked investment and a small part of your money is taken as a premium for life cover. LIC’s ULIP also gives you financial flexibility. You can also start a ULIP by paying a single payment of Rs 4 thousand per month or at least Rs 1 lakh.

Choose payment facility according to your needs

In LIC’s ULIP, you can also choose the premium payment facility on an annual, half-yearly or quarterly basis. In LIC’s ULIP, you can pay 4 thousand, quarterly 12 thousand, half-yearly 22 thousand or 40 thousand rupees annually on the basis of minimum premium. You can invest at least 1 lakh rupees in ULIPs and there is no maximum investment limit. You can also choose big investment for big dreams and big goals. You can choose the term of ULIP according to your own. There is also an offer to choose a life cover for 10 years, 15 years, 20 years or 25 years. Which fund you want to invest in depends on you.

Also Read: Income Tax Return Filing: Even after the exemption, the elderly above 75 years should pay income tax, know what is the reason

4 types of funds exist

There are 4 types of funds in LIC’s ULIP. Through these funds you can get maximum returns. A bond fund is for this when you want to proceed with caution in your life. In secured funds, you can move ahead with your freedom with a little speed. In balanced funds, you can keep the security and the premium as balance. The fourth is growth funds in which you want to move fast by taking risks. In this, you can choose a big investment plan to increase the benefit of returns.

Plan control in your hands

Full control of ULIP plans remains in your hands. You can change the type of funds offline or online, you can increase the returns or reduce the risk. ULIP returns increase according to the market, you get the fund value according to the market. This fund is available according to value maturity. If you want, you can withdraw your return after 5 years. Reward points are added to your fund value from time to time so that you can get more benefits.

You get so much money after death

If someone dies accidentally during the term plan, the family is given a risk sum assured or fund value. The important thing is that all these benefits can be found with very little expense. With LIC’s ULIP you can increase both security and investment. You can fulfill your dreams with LIC’s insurance cover. On the death of ULIP holder, the sum assured is provided to the nominee nominee or beneficiary. On death after the date of risk, the original sum assured, 105% of the fund or total premium is given. You are allowed to make partial withdrawal from the policy anytime after the fifth year of the policy. In case of minor, partial withdrawal is allowed after the age of 18 years.

LIC SIIP is a ULIP scheme that gives guaranteed returns. The minimum entry age in this scheme is 90 days and the maximum entry age is 65 years. The minimum and maximum maturity age is 18 to 65 years. The term of the policy is 10 to 25 years and the premium is 40 thousand rupees annually. The lock in period of this scheme is 5 years. Under the age of 55, you get 10 times more return of annual premium and over 55 years of age you get 7 times more return of annual premium.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
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