LIC’s best policy! You can create a fund of Rs 10 lakh by saving just Rs 80 per day

Jyoti — Thu, 21 Nov 2024 05:17:02 +0000

Life Policy : Life Insurance Corporation of India (LIC) offers many beneficial policies keeping in mind the needs of its customers. One such special policy is LIC Jeevan Anand Policy in which you can create a fund of up to Rs 10 lakh by saving less than Rs 100 daily. This policy is the best option for safe investment.

How to invest?

To start investing in this policy, you must be at least 18 years of age. You can become a part of this scheme by saving only Rs 80 daily.

Investment and Return Calculation

Annual Premium: Rs 27,000

That is, the monthly premium will be Rs 2,300. If calculated on a daily basis, it will be Rs 80 per day.

Total investment: Around Rs 5.60 lakh in 21 years

Return on maturity : Rs 10 lakh

Double bonus advantage

In this policy, the investor gets the benefit of bonus along with returns. It includes an insurance cover of Rs 5 lakh and a revisional bonus of Rs 8.60 lakh. If you invest in this scheme for 15 years, you get the benefit of double bonus.

Other benefits of the policy

Accidental death insurance cover
Disability and critical illness cover
Benefit of term assurance

On the death of the policyholder, 125% of the sum assured will be given to the nominee.

Why choose this policy?

LIC Jeevan Anand Policy not only provides a large fund on maturity, but also provides financial security to you and your family. This plan is best for those who want to create a large fund with less investment.