You can get a lot of benefits by getting life insurance through LIC Jeevan Labh. The special thing about this plan is that you can choose three different terms in it.
New LIC Plan: Many plans are being provided to the people by the Life Insurance Corporation of India. These plans also bring a lot of benefits to the people. Through LIC, even with life, returns can be obtained even after life. In this, LIC’s Jeevan Labh plan also becomes special in many ways.
About Jeevan Labh LIC Plan
A lot of benefits can be obtained by getting life insurance through LIC’s Jeevan Labh, Plan No. 936. The special thing about this plan is that three different terms can be selected in it and according to that the premium is deposited in this plan.
What is special about LIC’s Jeevan Labh
- The minimum age for this plan should be 8 years and the maximum age should be 59 years.
- The minimum sum assured (Sum Assured) in this plan is Rs 2 lakh. There is no maximum limit.
- In this, the term can be chosen according to 16 years, 21 years or 25 years. However, according to the chosen term, premium has to be paid only for a minimum number of years.
- If the term of 16 years is chosen, then premium has to be paid for 10 years.
- If the term of 21 years is chosen, then the premium has to be paid for 15 years.
- If the term of 25 years is chosen, then the premium has to be paid for 16 years.
Investment of less than 8 thousand will have a return of more than 50 lakhs
For this, this policy has to be started at the age of 25. Also, the Sum Assured (Sum Assured) has to be chosen at Rs 20 lakh. And the term will have to be taken for 25 years. Under this, Rs 93584 (Rs 7960 per month) will have to be paid as premium in the first year. At the same time, from the next year, Rs 91569 (Rs 7788 per month) will have to be paid as premium.
Whereas the term is taken for 25 years, then the premium will be paid for 16 years only. No premium will be payable in subsequent years after 16 years. After this, the insured will have maturity at the age of 50, only then he will get the maturity amount around 52,50,000
