37.9 C
New Delhi
Friday, April 26, 2024
HomeFinanceLIC's new money back policy: A sum assured of up to 125...

LIC’s new money back policy: A sum assured of up to 125 per cent.

LIC's money back policy: In the new policy, a decent sum of the total assured will be given as endurance benefit at customary stretches. For this the policy ought to be in running condition.

LIC’s new Policy: Life Insurance Corporation of India ie LIC (Life Insurance Corporation) has sent off another cash back policy. This non-connected non-taking an interest individual reserve funds life coverage strategy named Dhanrekha will give a total sum assured of up to 125 percent. Alongside this, two kinds of premium installment choice has likewise been given in this. Know every significant things about it:-

In the new policy, a proper part of the Sum Assured will be given as endurance benefit at normal spans, in spite of the fact that for this the policy ought to be in running condition.
Interestingly, on maturity of the policy, the policyholder will be given the full Sum Assured without deducting the sum previously got.
Exceptional premium rates have been fixed for ladies in the new arrangement.

Policy has likewise been made for third orientation in this approach.
Least Sum Assured of Rs.2 lakh can be kept. There is no restriction on the most extreme sum.
Can be taken for the sake of an offspring of 90 days to a kid as long as eight years old. The maximum age limit is from 35 years to 55 years.


Three Term Option

This new policy named Dhanrekha has been sent off for terms of 20, 30 and 40 years.
One can contribute for any of these terms.
For a term of 20 years, premium should be paid for as long as 10 years.
For the term of 30 years, premium must be paid for quite a long time.
For a term of 40 years, it is important to pay premium for quite some time.
Single premium choice is likewise accessible in this approach.

- Advertisment -

YOU MAY ALSO LIKE..

Our Archieves