You can invest in LIC’s Jeevan Labh Plan 936 with various objectives. These days there is a discussion about this policy that through this you can get Rs 54 lakh on maturity by saving only Rs 7,572 every month. Let us tell you how?

Features of Jeevan Labh Plan:

In the Jeevan Labh Plan of Life Insurance Corporation of India, investors get the option to choose the amount and term of the premium as per their choice. In this plan, if the policy holder survives till maturity, he gets a huge maturity amount along with other benefits including sum assured and bonus. On the other hand, on the unfortunate death of the insured, the nominee is paid sick money and bonus.

How to get 52 lakhs from 250 rupees daily?

The minimum age for buying a Jeevan Labh policy is 18 years and the maximum is 59 years. Suppose, if a person at the age of 25 years takes a Jeevan Labh policy for a term of 25 years, he will have to invest Rs.7400 per month or Rs.246 per day. Accordingly, this amount will be Rs 86,954 annually and on maturity he will get an amount of Rs 52,50,000 lakh. This includes the benefit of Sum Assured and Reversionary Bonus and Final Additional Bonus. However, the rate of bonus keeps changing, hence the maturity amount may change.

The policy can be bought in the name of children as well.

The special thing about this scheme is that it is available from children to old age people. Any citizen between 8 years to 59 years can invest in Jeevan Labh Yojana. Insurance holders can deposit money for the policy term 10, 13 and 16 years. Whereas, money is given on maturity in the period of 16 to 25 years. A person of 59 years can choose an insurance policy for 16 years, so that his age does not exceed 75 years.

The post LIC’s Dhansu plan: Daily saving of Rs 250, benefit of 52 lakhs, know complete details first appeared on Rightsofemployees.com.

LIC has many policies keeping in mind the personal needs of the people. Very little money is needed to invest in them. One such plan of LIC is Jeevan Labh (LIC Jeevan Labh Policy). This is a limited premium paying non-linked, with profit endowment plan. This plan provides financial support to the family in case of unfortunate death of the policyholder at any time before maturity and by creating a substantial corpus to the surviving policyholder.

What is LIC Jeevan Labh Policy?

LIC’s Jeevan Labh plan is to pay premiums for a limited period of time. This is a non-linked plan from the stock market. Means, its money is not invested in the stock market. If the insured dies before the maturity of the plan, then this plan gives money i.e. security to the family. If the insured is alive till the maturity of the policy, then his money is received.

Benefits of LIC Jeevan Labh

If the life assured is alive till the maturity of the plan, he/she is given full Sum Assured along with Reversionary Bonuses and Final Additional Bonus together. The insured can pay the premium for a time period of 10, 13 and 16 years. They will get money on maturity after 16 to 25 years. The minimum age for taking LIC Jeevan Labh policy is 8 years and the maximum age is 59 years. A person aged 59 years will get only insurance with maturity of 16 years. So, that the age of the insured at the time of maturity does not exceed 75 years.

Will get Rs 54.50 lakh on maturity

If you are 25 years old and you buy LIC Jeevan Bima Labh policy for a maturity period of 25 years, you will get Rs 54.50 lakhs on maturity. For this, you will have to pay around 20 lakh rupees in 25 years for basic insurance. That is, you will have to pay a premium of around Rs 92,400 annually. This is around Rs 260 per day. After this you will get Rs 54.50 lakh on maturity.

The post New LIC Policy: You will get 55 lakhs on saving 260 rupees daily, know complete details first appeared on Rightsofemployees.com.

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.

The post LIC Jeevan Labh Policy: Invest Rs 233 per month and get Rs 17 lakh in return, know what is this scheme first appeared on Rightsofemployees.com.