LIC Jeevan Labh Plan: Invest Rs 233 daily in this plan of LIC and get 17 lakh rupees on maturity

SIP Calculation

LIC Jeevan Labh Plan: LIC keeps bringing special schemes to protect its customers today and tomorrow. Through LIC’s Jeevan Labh Plan, you can make a fund of Rs 17 lakh by investing Rs 233 every day. That is, you can become a millionaire in a few years. Let us tell you that LIC’s plans are prepared to keep in mind every category. Let us tell you today about this special plan.

This plan is for the marriage and education of children:

This plan is called Jeevan Labh (936). This is a non-linked policy. Because of this, the policy has no relation to the share market. This is a limited premium plan. The company has made this plan for children’s marriage, studies, and purchase of the property.

Know the feature of the LIC Jeevan Labh Policy

>> LIC’s life benefit policy offers both profits and security.
>> People between 8 and 59 years of age can take this policy.
>> The term of the policy can be taken from 16 to 25 years.
>> An sum assured of at least 2 lakh rupees has to be taken.
>> There is no limit to the maximum.
>> Loan facility is also available for filling the premium for 3 years.
>> Nominee gets the benefits of Sum Assured and Bonus on tax deduction on premium and on the death of the policyholder.

In case of death of the policy holder, if the policyholder dies during the policy term and has paid all the premiums till the death, then the Sum Assured on his death as a death benefit to his nominee, Simple Reversionary Bonus, and Final Addition Bonus (if anything) is paid. This means that the nominee will get additional insurance.

Also, Read This: SBI Multi Option Deposit Scheme: FD money can be withdrawn when needed, know 10 big things

Let us tell you how 17 lakhs will be made

Explain to you that if a person chooses 16 years term plan and 10 lakh even assured option at the age of 23, then he will have to pay Rs 233 daily for 10 years. In this way, he will have to pay a total of Rs 855107. This amount will be given at maturity i.e. at the age of 39, which will be Rs 17,13,000.

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