LIC Jeevan Labh Policy: Many special plans are run by LIC for the customers. Today we will tell you about such a policy in which you can easily create a corpus of 17 lakhs.
LIC Jeevan Labh Policy: Many special plans are run by LIC for the customers, in which you get a good fund along with safe investment. Today we will tell you about one such special policy of LIC, through which you can make a corpus of Rs 17 lakh by depositing Rs 233 daily. If you also want to make a big fund or want to become a millionaire, then for this you will have to make a small investment, through which you will make a big fund in a few years. Let us tell you how you can create a fund of Rs 17 lakh.
Who can take this policy
Any person from 8 years to 59 years can take this policy. Apart from this, in Jeevan Labh policy, customers have to take a plan for 16 to 25 years. There is no maximum investment limit in this policy. At the same time, you have to invest a minimum of Rs 2 lakh.
Loan facility is available in the policy
If you pay premium in this policy for 3 years, then you also get the benefit of loan facility. Apart from this, tax exemption on premium and on the death of the policy holder, the nominee gets the benefits of Sum Assured and Bonus.
How to make a fund of 17 lakhs
In this policy, if a person opts for a term plan of 16 years 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.
There is no relation with the stock market
Let us tell you that the full name of this policy is Jeevan Labh (LIC jeevan Labh, 936). Any policy of LIC has no relation with the stock market. In this your money is completely safe. Its specialty is that it is a limited period plan. You can also use it for your children’s marriage, education or property.
Death benefit will also be available
If the policyholder dies during the policy term and has paid all premiums till death, then his nominee gets Death Sum Assured, Simple Reversionary Bonus and Final Addition Bonus as Death Benefit. That is, the nominee will get additional sum insured.
