Monday, March 28, 2022

LIC Jeevan Labh Policy: become a millionaire

LIC Jeevan Labh Policy: By investing Rs 17 per day you will become a millionaire
LIC Jeevan Labh Policy: become a millionaire
 LIC Jeevan Labh Policy: become a millionaire

LIC Jeevan Labh Policy comes under Non-Linked Plan

Simple Reversionary Bonus and Final Edition Bonus are available in the plan

There are many ways at present to secure yourself financially for the future. As a current venture and investment people are going towards SIP investment and mutual funds. Both of them depend on the mood of the market. On the off chance that the market is progressing nicely, then there will be profit or loss. If you want to invest and you want that you do not suffer loss and get both profit and protection, then you should go towards such a policy of LIC which is not linked to the stock market i.e. LIC's Non-Linked Plan (LIC Non-Linked Plan). Today we will enlighten you regarding a particularly non-connected arrangement,  which can make you a millionaire soon with an investment of Rs 17 per day. The name of this policy is LIC Jeevan Labh Policy.


Here are some of the special features of

The policy - Only people between the age group of 8 to 59 years can take this policy.

The development age of this strategy is 75 years.  The strategy term can be taken from 16 to 25 years. At least two lakh rupees have to be taken sum assured. There is no boundary of the highest point.

Compensation for accidental death and disability has been included in this policy.

On the off chance that you spend a premium of Rs 1,55,328 for 25 years i.e. Rs 518 i.e. Rs 17 per month, then on

The maturity you will get is about Rs 4.04 lakh with a bonus.

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Know about the benefits of the policy

- There is also limited premium payment which means the premium paying term is less than the policy term or maturity period.

- At the same time security and assured returns facilities are also available.

Loan facility available after paying a premium for three years.

Add-on riders facility in the form of Accidental Death and Disability Benefit Rider.

Expense exception under segment 80C of Income Tax on premium. 

Expense exception on development sum under segment 10(10D) of Income Tax. 

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This is how the payout is

If the policyholder dies and he has paid all the premiums without any interruption till the death, then the nominee is paid in full by adding the Sum Assured, Reversionary Bonus, and Final Addition Bonus. The special thing is that the death benefit received here should not be less than 105 percent of the total premium paid till the death of the policyholder. Where the policyholder survives the entire term and has paid all the premiums till maturity, he/she is paid the Sum Assured along with the  Reversionary Bonus, and Final Addition Bonus.


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