LIC launches new insurance policy! Guaranteed return facility will be available with bonus and savings scheme, know details

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LIC Policy Revival: There is a golden opportunity to restart the discontinued policy of LIC.
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According to the information given on the website of LIC, if a person associated with this plan dies during the policy term, then cash support is given to the family. On the date of maturity, it guarantees payment for the rest of the life. In this, customers will get ten times the premium as guaranteed maturity, bonus, risk cover and many additional benefits.


New Delhi. Life Insurance Company (LIC) has recently launched a new life insurance policy, which is named as LIC Dhan Varsha Yojana. Under this, customers are offered to choose two policy terms. The premium has to be paid only once in this policy. In this, customers will get many additional benefits including guaranteed maturity, bonus, risk cover ten times the premium.

Dhan Varsha policy is a life insurance as well as a savings plan. One has to invest only in this and get the benefit of guaranteed maturity along with life cover for life.LICAccording to the information given on the website, if any person associated with this plan dies during the policy term, then cash support is given to the family. On the date of maturity, it guarantees payment for the rest of the life.

Saving with Insurance

LIC’s Dhan Varsha policy is a non-participating, individual, savings, single premium life insurance policy, which offers protection as well as savings to the customers. Dhan Varsha plan is at number 866 in LIC’s list. This plan is available for both medical and non-medical schemes.

In LIC Dhanvarsha policy, customers can choose their sum assured amount. In this, the sum assured can be taken up to 10 times the premium amount of the policy. Sum Assured is the fixed amount that the insurance company promises to pay to the customer on maturity. Under this, if you take this policy for a premium of Rs 50 thousand, then you can take a policy of sum assured of Rs 5 lakh.

Risk cover will be available up to 10 times

Dhan Varsha policy is a single plan scheme i.e. under this you have to pay only one premium. You can take a risk cover up to 10 times this premium. In this you get two options. On choosing the first option, the sum assured will be 1.25 times the premium deposited. That is, if someone has paid a single premium of Rs 10 lakh and dies, then the nominee will get Rs 12.5 lakh with guaranteed addition bonus.


At the same time, in the second option of the plan, 10 times the risk cover will be available from the premium deposited. That is, on the death of the person taking the insurance, 10 times the cash support will be available. That is, if 10 lakh single premium was paid, his family would get Rs 1 crore with guaranteed bonus.

This policy is not available online

You will not be able to buy LIC’s Dhan Varsha plan online. This plan will be available offline only. You are offered two terms in this plan. One is 10 years old and the other is 15 years old. You can choose any of these.

What is the age limit

In both the options in LIC’s Dhan Varsha policy, if you have opted for a term of 15 years, then the minimum age to take the policy will be 3 years. If you choose a term of 10 years then the minimum age will be 8 years. On the other hand, in the first option, your maximum age should be 60 years and if you are taking 10 times risk cover, then you will be able to join this plan only till the age of 40 with a term of 10 years. In the second option, if you take a term of 15 years, then the maximum age will be 35 years.

In LIC’s Dhan Varsha policy, customers also get the facility of loan and surrender. At the same time, in the event of the death of the person taking the insurance cover, there is also an option to take the money received by the nominee as a pension in the installment, not taking it together.

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