LIC continues to offer numerous incredible designs for its clients. In the event that you are additionally longing for turning into a tycoon with safe speculations, this LIC policy is exceptionally helpful for you. LIC Jeevan Labh policy is such a policy in which you can get an asset of 17 lakhs by depositing just Rs 233 consistently. Let us tell you regarding this scheme.
LIC Jeevan Labh
This is a non-connected policy named-Jeevan Labh (LIC jeevan Labh, 936). Along these lines, this policy has no connection with the offer market. Regardless of whether the market goes up or down, it won’t influence your cash by any means. That is, your cash is totally protected in this plan. This is a Limited Premium Plan. This policy has been made remembering the marriage of youngsters, instruction and acquisition of property.
Elements of the policy
- LIC’s Jeevan Labh Plan include policy gives both benefit and security.
- Individuals between the age gathering of 8 to 59 years can without much of a stretch take this arrangement.
- The arrangement term can be taken from 16 to 25 years.
- A minimum aggregate guaranteed of Rs 2 lakh must be taken.
- There is no restriction on the greatest sum.
- Loan facility is likewise accessible on installment of premium for a considerable length of time.
- Tax exclusion on premium and on the passing of the policy holder, the nominee gets the advantages of Sum Assured and Bonus.
Policy holder will get demise benefit
Ift the policyholder dies during the policy term and has paid all charges till death, then, at that point, his nominee gets Death Sum Assured, Simple Reversionary Bonus and Final Addition Bonus as Death Benefit. That is, the nominee will get extra aggregate guaranteed.