New Delhi: If you are also looking for such plans, then you can take a look at LIC’s policy. LIC Jeevan Labh policy is one such policy in which you can get a hefty amount of 17 lakhs every month by depositing just Rs 233. Let us know about the policy in detail.
What is LIC Jeevan Labh Policy?
This is a non-linked policy. The policy has nothing to do with the stock market. Whether the market goes up or down, it will not affect your money at all. This is a limited premium plan.
Benefits of LIC Jeevan Labh Policy
LIC’s Jeevan Labh plan gives both benefits and protection.
People in the age group of 8 to 59 years can easily avail the policy.
The policy term can be taken from 16 to 25 years.
Sum Assured of at least Rs 2 lakh has to be taken.
– There is no limit on the maximum amount.
Loan facility is also available on payment of premium for 3 years.
– Tax exemption on premium and Sum Assured and Bonus benefits to the nominee on the death of the policyholder.
