A good investment brings a good return. Many people look for various investment options to secure their future. Some people deposit their money in fixed deposits, while some people invest it in the stock market.
However both have their advantages and disadvantages. You don’t get that much profit in fixed deposits, whereas the risk is higher in the stock market. In such a situation, today we are going to tell you about such a special scheme of LIC, by investing in which you can get a good return with less risk. The name of this special policy of LIC is LIC Jeevan Labh Plan. In this, you can get returns of up to Rs 17 lakh by investing just Rs 233 every month. This is a very good scheme for low income people. In this episode, let us know in detail about LIC Jeevan Labh Plan –
It is a non linked scheme. There are many benefits of this plan of LIC. In this you can get a good return with less investment. Financial assistance for the family is also provided under this policy in case of unfortunate death of a person before maturity.
After purchasing this plan, you can also avail loan facility. By purchasing the policy, you will get both savings and protection. Only people between 8 and 59 years of age can buy this scheme. Its insurance term is between 16 to 25 years.
At the same time, the minimum amount of plan cover is Rs 2 lakh. The maximum amount has not been fixed. You can also avail loan facility under this policy after paying the premium for about three years. In case of unfortunate death of the policyholder, the nominee also gets Sum Assured and Bonus benefits. On maturity, the lump sum amount is paid to the policyholder.
