LIC Policy: Life Insurance Corporation of India (LIC) offers many beneficial policies keeping in mind the needs of its customers. One such special policy is LIC Jeevan Anand Policy, in which you can create a fund of up to Rs 10 lakh by saving less than Rs 100 daily.
LIC Policy: Life Insurance Corporation of India (LIC) offers many beneficial policies keeping in mind the needs of its customers. One such special policy is LIC Jeevan Anand Policy, in which you can create a fund of up to Rs 10 lakh by saving less than Rs 100 daily. This policy is the best option for safe investment.
How to invest?
You must be at least 18 years of age to start investing in this policy. You can become a part of this scheme by saving only Rs 80 daily.
Calculation of investment and return
- Annual premium: Rs 27,000
- That is, monthly premium: Rs 2,300. If calculated on a daily basis, it will be Rs 80 per day.
- Total investment: About Rs 5.60 lakh in 21 years
- Return on maturity: Rs 10 lakh
Benefit of double bonus
In this policy, the investor gets the benefit of bonus along with return. It includes insurance cover of Rs 5 lakh and revisional bonus of Rs 8.60 lakh. If you invest in this scheme for 15 years, then you get the benefit of double bonus.
Other benefits of the policy
- Insurance cover on accidental death
- Cover for disability and critical illness
- Benefit of term assurance
- On the death of the policyholder, 125% of the sum assured will be given to the nominee.
Why choose this policy?
LIC Jeevan Anand Policy not only provides a large fund on maturity, but it also provides financial security to you and your family. This scheme is the best for those who want to create a large fund with less investment.
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