LIC Aadhaar Shila plan is a unique savings and insurance benefits package. This strategy helps the family accumulate wealth over time and provides financial security in case of emergency.
LIC Aadhaar Shila Policy:
LIC Aadhaar Shila is an endowment plan that provides savings and life protection. If the policyholder dies during the policy term, the plan provides financial security to the family.
If the insured survives the entire term of the policy, the plan offers them maturity benefits. Additionally, it caters to the liquidity needs by providing the option of loan facility and motor insurance. This scheme is specially made for women.
Benefits of LIC Aadhar Shila Policy
- Maturity Benefit
- Death Benefit
- Surrender Benefit
- Loyalty Addition
- Policy Loan
- Tax Benefit
- Premium Paid
Eligibility for LIC Aadhaar Shila Policy
All women between the age group of 8 to 55 years are eligible to apply for the policy.
The policy will mature between 10 to 20 years. The mature age for this is 70 years.
How to Calculate LIC Aadhaar Shila Policy
For example, you deposit Rs 87 per day from the age of 15 to the age of 25 years. It will take a full year to deposit Rs 31,755. However, if you invest continuously for ten years, you will accumulate Rs.3,17,550.
It will mature in 70 years, at which time you will receive a total payout of approximately Rs 11 lakh. Different view on the latest news of the country and the world, now to read Hindi News in Hindi ,
