Want to take out a new policy? Good news for you though. LIC is offering you an attractive policy at a low premium. If you take this policy, you will get Rs 2 lakh with a saving of Rs 28.
Life Insurance Corporation of India LIC, the country’s largest insurance company, offers a wide range of policies. These include micro policies. The Micro Bachat Plan is an example of this. There are two benefits to taking out this policy: protection and savings. Also Read: Atal Pension Yojana: Get huge profit by paying only Rs 270 every month, this scheme is special
The micro bachat policy can be taken for an insurance amount of Rs 50,000 to Rs 2 lakh. This is a non-linked insurance policy. You can also get a loan facility by paying a premium of three years. People between the ages of 18 and 55 can take this policy. Also Read: Big blow to BSNL customers! Now less benefit in cheap plan, know all the details
The policy can be taken for a period of 10 to 15 years. The policy premium will be paid monthly, quarterly, monthly and annually. For example, if a 35-year-old takes out a policy with an insurance cover of Rs 2 lakh for a period of 15 years, he will have to pay a premium of Rs 10,300 per annum. That means saving Rs 28 per day is enough.