In LIC Jeevan Labh scheme, you can easily create a fund of 17 lakhs by depositing just Rs 233 every month. Let me tell you how-
New Delhi: If you are also dreaming of becoming a millionaire by taking LIC plan, then this news is of your use. Many types of schemes are run by LIC. Today we will tell you about the LIC Jeevan Labh scheme, through which you can easily create a fund of 17 lakhs by depositing just Rs 233 every month. Plans are made by LIC keeping in mind every category, so that everyone can get the benefit of it. Let us tell you how you can make a fund of 17 lakhs-
Let us tell you that the name of this policy is Jeevan Labh (936). This is a non linked policy. Because of this, this policy has nothing to do with the share market. Whether the market goes up or down, it will not have any effect on your money. That is, your money is completely safe in this scheme. This is a limited premium plan. The company has made this plan for children’s marriage, education and property purchase.
Know the features of the policy-
- LIC’s Jeevan Labh policy offers both profit and protection.
- People between the age group of 8 to 59 years can take this policy.
- Policy term can be taken from 16 to 25 years.
- Sum Assured of at least Rs.2 Lakhs has to be taken.
- There is no maximum limit.
- Loan facility is also available on payment of premium for 3 years.
- Tax exemption on premium and on the death of the policy holder, the nominee gets the benefits of Sum Assured and Bonus.
On the death of the policy holder
If the policyholder dies during the policy term and has paid all premiums till death, his/her nominee will receive Death Sum Assured as Death Benefit, Simple Reversionary Bonus and Final Addition Bonus (if any) then) is paid. This means that the nominee will get the additional sum assured.
Let us tell you how 17 lakhs will be made
Let us explain to you by example that if a person opts for 16 years term plan and 10 lakh sum assured option at the age of 23, then he will have to pay Rs 233 daily for 10 years. In this way, he will have to pay a total of Rs 855107. This amount will be given on maturity i.e. at the age of 39 years, which will be Rs 17,13,000.
