LIC – If you also want to get good returns on your investment then this news is for you. Actually, today in this news we are going to tell you about such a scheme of LIC in which you can get Rs 25 lakh on a daily investment of Rs 45.
The savings schemes of the country’s largest insurance company, Life Insurance Corporation of India (LIC), are quite popular in terms of both security and returns. Policies are available in LIC for people of all ages, in which you can accumulate a huge fund even by investing small amounts. One such scheme is LIC’s Jeevan Anand Policy, in which you can deposit a huge corpus of Rs 25 lakh by saving just Rs 45 per day. Many types of benefits are also available in this policy. Let us know about it in detail…
Big fund at low premium-
If you want to raise a big fund for yourself at low premium, then Jeevan Anand policy can prove to be a great option. In a way, it is like a term policy. You can pay the premium for as long as your policy is in force. In this scheme, the policyholder gets not just one but multiple maturity benefits. In this scheme of LIC, a minimum sum of Rs 1 lakh is assured, whereas no maximum limit has been fixed
This is the mathematics of Rs 45 to 25 lakh –
In LIC Jeevan Anand Policy, you can get Rs 25 lakh by depositing around Rs 1358 every month. If we look at it per day, you will have to save Rs 45 every day. You will have to make these savings for the long term. Under this policy, if you save Rs 45 daily and invest for 35 years, then after the completion of maturity of this scheme, you will get an amount of Rs 25 lakh. If we look at the amount saved by you on an annual basis, it will be around Rs 16,300.
You get this amount after adding bonus benefits –
If you invest Rs 16,300 every year in this LIC policy for 35 years, then the total amount deposited will be Rs 5,70,500. Now according to the policy term, the basic sum assured will be Rs 5 lakh, to which after the maturity period you will be given a revisionary bonus of Rs 8.60 lakh and a final bonus of Rs 11.50 lakh. Bonus is given twice in LIC’s Jeevan Anand policy, but for this your policy must be for 15 years.
No tax exemption, but rider-death benefit –
Policyholders taking Jeevan Anand policy of Life Insurance Corporation of India are not given the benefit of any tax exemption under this scheme. However, if we look at its benefits, you get four types of riders in it. These include Accidental Death and Disability Rider, Accident Benefit Rider, New Term Insurance Rider and New Critical Benefit Rider.
Only death benefit benefit has been added to this policy. That means, if the policy holder dies due to any reason, the nominee will get 125 percent death benefit of the policy. At the same time, if the policy holder dies before the maturity of the policy, then the nominee gets the amount equal to the time assured.
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