LIC has recently come up with a new and attractive plan. Whose name is Dhan Varsha Plan (LIC Dhan Varsha Plan). With this scheme, you can get up to 10 times the risk cover for less money.
LIC Dhan Varsha: LIC is the largest and oldest insurance policy in the country. It keeps bringing different offers and schemes for its customers from time to time. Due to which the policy holder also gets many benefits. Today we are going to tell you about one such policy by investing in which you can become a millionaire.
LIC has recently come up with a new and attractive plan. Whose name is Dhan Varsha Plan (LIC Dhan Varsha Plan) . With this scheme, you can get up to 10 times the risk cover for less money. It can give you good profit on paying one time premium. Dhan Varsha Plan is a non-linked, non-participating, individual, savings, life insurance plan.
Guaranteed security with savings
In this, you get both savings and security together. If the policy holder dies during this policy, then the fund money is given to his family or nominee. This scheme also gives a guaranteed lump sum amount on maturity. In this, you get a return of up to 10 times the amount of the premium. If you start investing at a young age, you can get rapid returns in LIC Dhan Varsha 866 plan by paying a lump sum premium of Rs 10 lakh.
2 options are available in the scheme
- There are 2 options in this policy of LIC. Choosing the first option gives a return of 1.25 times the premium deposited. That is, on the death of the policy holder on a single premium of Rs 10 lakh, the nominee will get a guaranteed return of Rs 12.5 lakh as an addition bonus.
- If you choose the second option, you get risk cover up to 10 times. Meaning that if the policy holder dies on single premium, then the nominee gets Rs 1 crore.
Understand like this how will you get benefit
Suppose a 35 years old person buys a policy with Basic Sum Assured of Rs.10 lakhs, LIC policy term of 15 years and policy option 2. So in LIC Dhan Varsha policy, you will get Rs 8,74,950 at a time. Let us tell you, the rate of Guaranteed Edition is Rs. 40 per Rs. 1000 Basic Sum Assured.
In such a situation, if the death of the LIC Dhan Varsha policy holder occurs in the 10th policy year, then the nominee will get Rs. 91,49,500 (87,49,500 + Rs. 4,00,000). On the other hand, if the policy holder dies in the 15th year of the policy, then the nominee will get Rs. 93,49,500 ( 87,49,500 + Rs. 6,00,000). And if the policy holder survives till the maturity of the policy then he gets 16,00,000 (10,00,000 + Rs. 6,00,000).
Read More:Â Tax exemption will not be available on insurance policy if the premium is more than Rs 5 lakh
