High Return: Investing for the future is always a good idea and Indian citizens have a good list of investment options to choose from. Investing in insurance is one of the risk-free ways to secure yourself and your family’s future. Let’s know the complete details about it.
Indians love to get insurance from LIC and there are many different LIC policies to choose from. Therefore, if you want to invest without any tension or risk, then this plan of LIC will be best for you. In this scheme you have to invest only Rs 71 per day and you will get up to Rs 48 Lakhs.
LIC Plan number 914
Life Insurance Corporation of India (LIC) is running various schemes for investors, in which investors get bumper profits. People can easily invest in LIC as it is a government company which is running since decades. Know here about LIC’s plan number 914, which proves to be very special in many ways. You can earn huge profits from this policy.
To take the policy, the age of the person should be between 8 years to 55 years.
To take advantage of the scheme, you have to take a minimum of 12 years and a maximum of 35 years.
You will have to keep a sum assured amount of Rs 1 lakh.
How to get Rs 48.5 lakh by investing Rs 71 per day?
For example, if you choose to invest Rs 71 per day in LIC plan no 914 at the age of 18, you will get a sum assured of Rs 10 lakh.
By investing Rs 71 per day, you will collect Rs 2130 annually and a monthly premium of Rs 25,962. The tenure of this scheme is 35 years. After completing the policy term, one will get Rs 48 lakh 40 thousand as return amount.