LIC Dhansu Plan: Just save 253 daily, you will get 50 lakhs on maturity

LIC Jeevan Labh Yojna: If you are looking for a policy to deposit a fat fund, then the Jeevan Labh plan of the country’s largest insurance company LIC can prove to be better for you. Due to not being linked to the stock market, it is also included in the category of secured policies.

Crores of people of the country have invested in the schemes of Life Insurance Corporation of India (LIC), the country’s largest government insurance company. LIC is also very famous because it has schemes for people of all ages and provides both safety and savings. One such policy is Jeevan Labh Yojana, this non-linked policy gives a lump sum amount to the policyholder after maturity. The special thing in this is that by taking a plan of 25, you can get Rs 54 lakh on maturity by saving just Rs 253 daily.

This scheme of LIC (LIC Scheme) is also considered safe because the full account of premium is not dependent on the share market. In this, on the death of the policyholder, the benefit is given to the nominee. If you are also planning to take a policy, then investing in Jeevan Labh scheme can prove to be a profitable deal. To get an amount of Rs 54 lakh on maturity, you will have to buy this policy for 25 years.

According to this, after saving Rs 253 daily, you will deposit around Rs 7,700 every month and around Rs 92,400 every year and a total of around Rs 20 lakh in paying all the premiums. There you will get Rs 54 lakh in lump sum.

This is the age limit for taking the policy

The age limit for taking LIC’s Jeevan Labh policy has been fixed at 18 years minimum and 59 years maximum. If a person takes this policy on a policy term of 21 years, then his age should be less than 54 years at the time of taking the policy. For a policy term of 25 years, the age limit of the person should be 50 years. The maximum age limit for maturity of the policy has been kept at 75 years.

Features of LIC Jeevan Labh

If the policyholder dies due to any reason during the term of the policy, then the nominee gets the benefit. Along with the bonus, the insurance company also gives the benefit of the sum assured to the nominee. Death benefit is considered to be the biggest plus point of this policy. In this, the sum assured is returned on the death of the policyholder, provided the policy has not broken and all the premiums have been paid.

In this Jeevan Labh policy, on the death of the policyholder, the sum assured is available at seven times the annual premium. This death benefit cannot be less than 105% of all premiums paid till the date of death. Along with this, it will not include any tax or any additional amount imposed for the policy.