It offers protection as well as savings. This plan of LIC is a non linked plan. In this, at least Rs 1 crore assured sum is guaranteed. Sum assured is the amount that the customer will definitely get from an insurance company.

This plan has been designed for people with high income. If a policyholder dies before maturity, then in such a situation his family gets financial help. It is also a money back plan in a limited premium, in which you get money from time to time. The maximum investment age in the policy is 55 years (policy term 14 years), 51 years (policy term 16 years), 48 years (policy term 18 years) and 45 years (policy term 20 years).

How much will be invested

in Jeevan Shiromani policy, the basic sum assured is one crore rupees. For this, the customer will have to invest for four years. After that the returns will start coming. Talking about the investment amount, the customer will have to deposit around Rs 94,000 every month.

In this policy, the facility of payment during a fixed period has been given in case of survival of the policyholders. Apart from this, a lump sum amount is also given on maturity. The plan also provides cover for critical illnesses and has 3 optional riders available.

These are Survival Benefit: Survival Benefit means a fixed payment is made on the survival of the policy holders, which is as follows: –

– 30% of the Sum Assured in the 10th and 12th years in a 14-year policy.
– 35% of the Sum Assured in the 12th and 14th years in a 16-year policy.
– 40% of the Sum Assured in the 14th and 16th years in an 18-year policy.
– 45% of the Sum Assured in the 16th and 18th years in a 20-year policy.

How much loan will be available

During the policy term, the customer can take a loan based on the surrender value of the policy, which will be available on the basis of LIC’s terms and conditions. The policy loan will be available at the rate of interest decided from time to time.

The post LIC’s superhit policy! Deposit money for 4 years, you will get the benefit of 1 crore, know the details of the scheme first appeared on Rightsofemployees.com.

Important news for customers thinking of investing in LIC. LIC, which gives secure returns, keeps on offering tremendous schemes for the customers from time to time. In this sequence, LIC has a special scheme – Jeevan Umang Policy (LIC Jeevan Umang Policy) in which you can get good profits by investing. There are many great features of this scheme. Let’s know about this wonderful policy.

Know what is Umang policy?

Jeevan Umang policy has many features. This scheme is different from other schemes in many respects. People from 90 days to 55 years of age can take this policy. Not only this, it is an endowment plan. In this, along with life cover, a lump sum amount is also available on maturity. Fixed income will come into your account every year after completion of maturity. On the other hand, after the death of the policyholder, his family members and nominee will get a lump sum amount. Another specialty of this scheme is that it provides coverage of up to 100 years.

Will get an amount of 27.60 lakhs

If you pay a premium of Rs 1302 every month in this policy, then in a year this amount is Rs 15,298.
– If this policy is run for 30 years, then the amount increases to about Rs 4.58 lakh.
– On the investment made by you, the company starts giving you a return of 40 thousand every year from the 31st year.
– If you take a return of 40 thousand annually from 31 years to 100 years, you get an amount of about 27.60 lakh rupees.

Term rider also benefits

– Under this policy, investors get another big benefit.
In this policy, term rider benefit is also available in case of death or disability of the investor in an accident.
Not only this, market risk does not affect this policy.
– Yes, but LIC’s profits and losses definitely have an impact on this policy.
Tax exemption is also available on taking this policy under section 80C of Income Tax.
– If someone wants to take a plan of Jeevan Umang Policy (LIC Jeevan Umang Policy), then he will have to take an insurance of at least two lakh rupees.

The post New LIC Plan: LIC’s superhit policy! Deposit only Rs 44 and get more than 27 lakhs, know details first appeared on Rightsofemployees.com.

What is LIC Jeevan Umang Policy?

Jeevan Umang policy is different from other schemes in many respects. People from 90 days to 55 years of age can take this policy. This is an endowment plan. In this, along with life cover, a lump sum amount is available on maturity. Fixed income will come into your account every year after maturity. On the other hand, after the death of the policyholder, his family members and the nominee will get the lump sum amount. Another feature of this scheme is that it provides coverage up to 100 years.

27.60 lakh will be received

If you pay a premium of Rs 1302 every month in this policy, then in a year this amount is Rs 15,298. If this policy is run for 30 years, then the amount increases to about Rs 4.58 lakh. The company starts giving you a return of 40 thousand every year from the 31st year on your investment. If you take a return of 40 thousand annually for 31 years to 100 years, you get an amount of about Rs 27.60 lakh.

Policyholder also gets the benefit of term rider

Under this policy, term rider benefit is also available in case of accidental death or disability of the investor. This policy is not affected by market risk. There is definitely an impact of LIC’s profits and losses on this policy. Tax exemption is also available on taking this policy under section 80C of Income Tax. If someone wants to take a plan of Jeevan Umang Policy, then he will have to take insurance of at least two lakh rupees.

The post LIC’s superhit policy! Deposit only Rs 44 and get 27.60 lakh, know details here first appeared on Rightsofemployees.com.