LIC Bachat Plus Plan News: LIC has the highest number of policyholders. In such a situation, keeping in mind the facilities of the people, the company also keeps on launching new policies from time to time.
LIC Bachat Plus Plan News: In today’s time, most people have a policy. Different types of policies in the market are working to attract people’s attention towards them. But one of the largest and oldest insurance companies in India, LIC has the largest number of customers. The number of people taking policies from LIC is increasing day by day.
According to other insurance companies, LIC has the largest number of policyholders. In such a situation, keeping in mind the facilities of the people, the company also keeps on launching new policies from time to time. Through these policies, the common man gets the benefit of security as well as savings. Today we are going to tell you about a similar policy of LIC which is very popular among the people.
Know what is LIC Bachat Plus
In LIC Bachat Plus policy, along with protection, savings are also guaranteed. Under this policy, if the policyholder dies, his family gets financial help. On the other hand, if the policyholder remains alive till the end of the policy, then after maturity, the policyholder gets a lump sum amount.
Premium can be deposited only in one go
Under this policy, you can deposit the premium in one go or you can pay the premium for a limited period of 5 years. Under this scheme, you can pay the premium annually, half yearly, quarterly or monthly.
Facility to take loan
Under this scheme, customers also get the facility of taking loan. Loan in single premium option can be availed after completion of 3 months of policy or after completion of free look period. Whereas in the limited premium payment option, the loan will be available after paying the premium for at least 2 years.
How to take LIC Bachat Plus policy
If you want to invest in this policy, then you can make payment through online or offline mode. You can also invest in the policy from www.licindia.in. Apart from this, exemption can also be taken on this under Income Tax Section 80C. The minimum sum assured in this policy is Rs 1 lakh and there is no maximum limit.