Along with the loss of lives of people during the corona virus infection period, automobile companies have also suffered a lot, which everyone is pushing from heel to top to fulfill. Job professionals or common people also want to invest in such a place, so that their money is also safe and they get good profits.
If you want to invest in a good place and safe, then do not panic, because Life Insurance Corporation of India (LIC) is giving this opportunity to you. LIC has started such a scheme, from which you can earn 10 lakh rupees.
This policy offers the benefit of term insurance for life time (100 years) along with maturity benefit. If the policyholder dies even after maturity, the nominee gets the benefit of the sum assured separately.
The name of this great policy is Jeevan Anand Policy. Anyone above 18 years of age can invest in this policy. This is a non-linked policy. Meaning this money cannot be invested in the stock market, due to which the risk factor is also negligible.
The minimum sum assured of this policy is Rs 1 lakh. At the same time, there is no upper limit on the maximum sum assured. The premium term and policy term are same for Jeevan Anand policy.
Meaning, for the number of years the policy is in force, the premium has to be paid for the same number of years. People in the age group of 18 to 50 years are eligible for this policy. Apart from this, the maximum age of maturity is 75 years. The term of the policy is from 15 to 35 years.
– You will get 10 lakh rupees like this
According to the LIC premium calculator, if you buy a sum assured of Rs 5 lakh at the age of 24 years and the policy term is 21 years, your annual premium will be Rs 26,815. Half yearly premium will be Rs 13548, quarterly premium will be Rs 6845 and monthly premium will be Rs 2281. In 21 years you will deposit Rs 563705 and based on existing bonus you will get Rs 10 lakh 33 thousand on maturity. At the same time, a risk cover of Rs 5 lakh will also be available.
