Everyone saves some amount from their income and wants to invest it in such a place where even their small savings can accumulate a huge fund in the future. In this case, the saving schemes of the country’s largest insurance company Life Insurance Corporation of India (LIC) are quite popular in terms of both security and returns. Policies are available in LIC for people of all ages. One such scheme is LIC’s Jeevan Anand Policy, in which you can deposit a huge fund of Rs 25 lakh by saving just Rs 45 per day. Let’s know about it in detail…

You can raise a huge fund at a low premium.

If you want to raise a huge fund for yourself at a low premium, then Jeevan Anand policy can prove to be an excellent option. In a way, it is similar to a term policy. You can pay the premium for as long as you have the policy. In this scheme, the policyholder gets not one but several maturity benefits. In this scheme of LIC, the sum assured is at least Rs 1 lakh, while no maximum limit has been fixed.

How to make 25 lakhs from 45 rupees?

In LIC Jeevan Anand Policy, you can get 25 lakh rupees by depositing about 1358 rupees every month. If we look at it on a daily basis, then you will have to save 45 rupees every day. You will have to do these savings for the long term. Under this policy, if you invest for 35 years by saving 45 rupees every day, then after the maturity of this scheme, you will get an amount of 25 lakh rupees. If we look at the amount saved by you on an annual basis, then it will be around 16,300 rupees.

You get this much amount with bonus If you invest Rs. 16,300 every year in this LIC policy for 35 years, then you will invest a total deposit amount of Rs. 5,70,500. Now according to the policy term, the basic sum assured will be Rs. 5 lakh, with which after the maturity period you will be given a revisionary bonus of Rs. 8.60 lakh and a final bonus of Rs. 11.50 lakh by adding it to this amount. Bonus is given twice in LIC’s Jeevan Anand policy, but for this your policy must be of 15 years.

No tax exemption, still amazing benefits

Let us tell you here that the policyholder does not get the benefit of tax exemption in this LIC Policy. However, apart from this, many types of benefits are available. If we look at the details, it is known that 4 types of riders are available on Jeevan Anand Policy. These include Accidental Death and Disability Rider, Accident Benefit Rider, New Term Insurance Rider and New Critical Benefit Rider. Death benefit has also been added to this policy.

That is, if the policy holder dies, then the nominee will get 125 percent death benefit of the policy. On the other hand, if the policy holder dies before the maturity of the policy, then the nominee gets money equal to the time assured.

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The post LIC’s Dhansu Plan: You can save Rs 45 per day and get Rs 25 lakh on maturity, see the calculation first appeared on Rightsofemployees.com.

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 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.

The post LIC’s Dhansu Plan: You will get many tremendous benefits with guaranteed returns, know the details first appeared on Rightsofemployees.com.

LIC keeps bringing many types of policies for its customers from time to time. Today we will tell you about LIC’s money saving policy (LIC Dhan Sanchay Policy). In this policy, you get guaranteed returns, along with many tremendous benefits. Know here the details related to the plan.

Plan gives guaranteed returns

LIC Dhan Sanchay Plan is a non-linked, non-participating, individual saving life insurance plan, which works to provide 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. Also, you get guaranteed returns with fixed income benefits.

4 investment options in the plan

In this plan of LIC, you are given 4 options. 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. To take the policy of Dhan Sanjay Yojana, the minimum age 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.

Lowest premium of 30 thousand rupees

You can buy this policy for 5, 10 and 15 years. For the number of years the premium is paid, the income is generated for that number of years. For example, if you take a plan for 5 years, then you will continue to get regular income for 5 years. The lowest premium is Rs.30,000 per annum and there is no limit on the maximum. Through this plan, you can also avail the facility of loan. Along with this, you can also avail riders by paying extra. If you want to buy this policy, then you can buy it both online and offline. For more details you can visit https://licindia.in/ .

The post LIC Scheme: LIC’s Dhansu plan, many tremendous benefits will be available with guaranteed returns, know the details first appeared on Rightsofemployees.com.