New Delhi LIC Scheme: LIC, the country’s largest insurance company, is offering great policies to benefit the people. If you are planning to invest, then a policy of LIC can be the best option for you, the name of this policy is LIC Jeevan Umang Plan. This policy provides financial security to your family while staying away from your home. The policy provides benefits till the end of the premium paying term. At the same time, before the maturity of the policy, the money is given together on the death of the policyholder.
At the same time, this policy of LIC gives primary benefits to the people. They provide both money and insurance to help the insured’s family in their absence. In case of accidents, the assured returns act as a reliable financial safety net.
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Why should I take LIC Jeevan Umang policy?
If you take LIC Jeevan Umang policy then you get tax free maturity on its investment. At the same time, on the death of the policyholder, there is a financial benefit. Along with this, till the age of 100 years i.e. lifelong risk cover is also available. It offers guaranteed income for up to 30 years.
The minimum age to invest in LIC Jeevan Umang policy should be 90 days and maximum 55 years. The term of this policy is lifelong. As long as the policy holder is alive. You can invest up to at least Rs 2 lakh in this policy of LIC, while no limit has been fixed for minimum investment.
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Benefits of LIC Jeevan Umang Policy
LIC has given the accidental death benefit of LIC Jeevan Umang policy to benefit the people. At the same time, a provision has also been kept for the holder to get the Disability Rider Benefit. With this, the policyholder gets the benefit in case of an accident. People also get illness rider. Premium waiver is also available in this policy of LIC.
For example, consider that the age of the policy buyer is 30 years. So you can invest Rs 5,000 monthly, Rs 15,000 in three months and Rs 50,000 in a year. Accordingly, there is a provision to invest at least Rs 2 lakh. After this, 10 lakh rupees are available on maturity in the policy.
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