Most of the people prefer low risk investments. Keeping these needs of the people in mind, Life Insurance Corporation of India i.e. LIC has come up with the LIC Bima Ratna Policy.
LIC Bima Ratna Policy: Most of the people are worried about their future and they go on planning for it. Most of the people prefer low risk investments. Keeping these needs of the people in mind, Life Insurance Corporation of India i.e. LIC has come up with the LIC Bima Ratna Policy. Let’s know about these new launch policies.
LIC has brought new policy
On Friday, Life Insurance Corporation of India ie LIC launched a policy. The name of this policy has been kept as Bima Ratna. LIC said that this policy is a non-linked, non-participating individual, savings life insurance plan.
Here are the benefits of this policy
This is a limited premium, guaranteed addition, money back insurance policy. That is, you will get low premium and will get bonus guarantee. The money in Bima Ratna policy is not invested in the stock market, so there is no risk in investing in it.
Premium and other information
This policy is available with time limits of 15, 20 and 25 years. You can take any term. Where the premium will have to be paid for 11 years for 15 years term, 16 years for 20 years and 25 years for only 21 years. From 90 days to the age of the investor, your minimum age should be 90 days and maximum 55 years to invest in it.
Get so much money
The sum assured in the policy is 5 lakhs, that is, you have to make at least 5 lakhs. There is no maximum limit in this.
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