LIC keeps on introducing new policies from time to time. Today we will tell you about LIC’s money saving policy (LIC Dhan Sanchay Policy). In this policy, you get many tremendous benefits along with guaranteed returns.

LIC Dhan Sanchay Plan is a non linked, non participating, individual saving life insurance plan, which works to provide the facility of life insurance cover along with savings. Under this policy, in case of death of the policyholder, financial assistance is provided to the family during the policy term. It provides guaranteed income benefit during the payout period from the date of maturity and it also provides guaranteed terminal benefit along with the last installment of guaranteed income benefit.

How much is the term of wealth accumulation policy?

Wealth accumulation policy can be taken for a period of 5 to 15 years. The policyholder also gets the facility of loan in this policy. Along with this, you can also avail riders by paying extra. In case of death of the policyholder during the policy term, the death benefit is given to the family of the policyholder.

4 options for investment in the plan You are given 4 options in this plan. A sum assured of Rs 3,30,000 is given under Plan A and B, a minimum sum assured cover of Rs 2,50,000 under Plan C and a sum assured of Rs 22,00,000 under Plan D.

What is the minimum age to invest?

The minimum age to take the policy should be 3 years. At the same time, the maximum age limit varies according to the plan. The maximum age for Plan A and B is 50 years, 65 years for Plan C and 40 years for D.

You can buy this policy for 5, 10 and 15 years for the number of years you pay the premium, the number of years you earn. For the number of years the premium is paid, there is income for the same number of years later. The minimum premium under this policy is Rs 30,000 annually.

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LIC Dhan Sanchay Saving Plan Launch: LIC keeps on offering plans for the customers from time to time. Once again Life Insurance Corporation of India (LIC) has launched a new insurance policy named Dhan Sanchay Saving Plan. This scheme has been opened for investors from June 14. That is, you can invest in it. Under LIC Dhan Sanchay Policy, on the death of the policyholder, the family will get financial assistance during the term of the policy. Not only this, it also gives guaranteed income during the payout period after the maturity of the policy.

5 to 15 year plan

According to the information given by LIC, in this particular policy, guaranteed benefits will be given during the payment after the date of maturity of the plan. In addition, guaranteed terminal benefits will also be paid. This plan is for 5 years to a maximum of 15 years. It will get fixed income benefits. Not only this, the facility of increased income benefits, single premium level income benefits and single plan will also be provided in this. Loan lane facility is also available in this. You can also buy riders in this.

LIC launched four options

LIC has launched four options in this plan. Under Plan A and B, Sum Assured cover of Rs 3,30,000 will be available on death. Also, there will be a minimum Sum Assured cover of Rs 2,50,000 under Plan C and Sum Assured cover of Rs 22,00,000 on death in Plan D. The maximum premium limit has not been fixed for these plans.

Know eligibility

To take the policy of LIC Dhan Sanjay Yojana, the minimum age of the subscriber should be 3 years, while 50 years for Option A and Option B, 65 years for Option C and maximum 40 years for Option D. That is, the age group of 3 years to 40 years can invest in it.

Where to buy plan

If you also want to buy LIC Dhan Sanchay Policy, then you can buy both offline through agents / other intermediaries and directly online by visiting www.licindia.in website.

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