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LIC Jeevan Labh Policy: In today’s time, there are many options regarding investment, but still most people invest money in Government Schemes and Pension Schemes (Invest In Pension Plan). Because investing in these schemes is safe and there is also an option to raise more money. Life Insurance Corporation of India (LIC) is trusted more by people for safe investment in insurance or insurance. It is not necessary that you have more money to invest in it. Investment can be made in these schemes even with less money.
One such plan of LIC is Jeevan Labh Policy. This is a non-linked profit plan with limited premium payment. Under this policy, the policyholder is given a lump sum amount on completion of maturity. However, if the policyholder dies, then financial help is provided to his family. This is not a stock market linked plan. In this, investment is made at a limited time interval.
Benefits of Jeevan Labh Plan
LIC’s Jeevan Labh Policy Yojana (LIC Jeevan Labh Policy Yojana) gives the benefit of reversionary bonus and final additional bonus along with full sum assured to the policyholder at maturity. An insured person can deposit insurance premium for 10, 13 and 16 years and they will be given money after 16 to 25 years. This scheme can be taken in 8 years and the maximum age is 59 years. People taking insurance for 59 years can choose only term plan for 16 years and they will be given the benefit of insurance in 75 years.
How to get 50 to 54 lakh rupees
If you are 25 years old and you make an investment plan for LIC Jeevan Bima Labh Policy for a maturity period of 25 years, then an amount of up to Rs 54 lakh can be given to you. To get this amount, you have to invest Rs 260 every day. That is, you will have to pay a premium of Rs 92,400 annually, which will amount to Rs 20 lakh in 25 years. After this, you will get a total of 50 to 54 lakh rupees along with reversionary bonus and final additional bonus.
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