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Home Personal Finance New LIC Plan: Big Update! LIC introduced new insurance policy, facility to...

New LIC Plan: Big Update! LIC introduced new insurance policy, facility to surrender anytime including tax exemption

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LIC Dhan Vriddhi :: Life Insurance Corporation of India has introduced a new policy plan, in which extra amount will be given from tax exemption to insurance. Let’s know and what are the specialties.

LIC New Policy: Life Insurance Corporation has announced another policy plan. LIC has named this highly anticipating new product as LIC’s Dhan Vriddhi. This is a non linked, non participating individual savings plan. LIC hopes that this plan can bring a big change.

Life Insurance Corporation of India’s Dhan Vridhi plan aims to meet the insurance needs of the domestic market. Along with this, the insurance holder also has to provide financial security. Under this plan, people will get a comprehensive life insurance, which will have security, development and financial stability. This insurance scheme, launched under the Life Insurance Corporation of India, will take care of the needs of the insurance holder.

This scheme will fulfill all the needs

This insurance scheme was launched on 23 June 2023. It has been said on behalf of LIC that it strengthens the rules to meet the growing needs of its customers. This scheme will fulfill all the needs of the insurance holder and will also remove the problems of the customers.

Features of LIC Dhan Vridhi Plan

This policy is a life insurance single-premium policy, which offers a combination of savings and protection during the policy term. According to the website of Life Insurance of India, this policy gives an additional guarantee of up to Rs 75 per Rs 1,000 sum assured. The policyholder will be eligible for tax exemption under section 80-C. This means that the insurance holders who buy this policy can get a discount of up to Rs 1.5 lakh. The policyholder can surrender at any time during the policy term.

LIC introduces new policies from time to time

Significantly, Life Insurance Corporation of India is the leading insurance company of India, which has launched insurance policy for every category. It has insurance plans for children to elderly people. The company has also introduced plans for the marriage of girls. At the same time, based on the needs of the market and people, new policies are brought.

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