Best LIC Policy : You Will Get Rs 27.60 Lakh by Paying only This Much Premium, know Everything About This Policy

Best LIC Policy : If you are also planning to invest in LIC policy, then today we will tell you about such a policy.

If you are also planning to invest in LIC policy, then today we will tell you about such a policy. LIC Jeevan Umang is a whole life insurance plan. Jeevan Umang policy is different from other schemes in many respects. People from 90 days to 55 years of age can take this policy. This is an endowment plan. In this, along with life cover, a lump sum amount is available on maturity.

After completion of maturity, Fixed income will come in your account every year. On the other hand, after the death of the policyholder, his family members and nominee will get a lump sum amount. Another specialty of this scheme is that it provides coverage of up to 100 years.

Will Get an a+Amount of 27.60 Lakhs

In LIC Jeevan Umang, you pay a premium of Rs 1302 every month, then in a year this amount is Rs 15,298. If this policy is run for 30 years, then the amount increases to about Rs 4.58 lakh. On the investment made by you, the company starts giving you a return of 40 thousand every year from the 31st year. If you take a return of 40 thousand annually from 31 years to 100 years, you get an amount of about 27.60 lakh rupees.

Tax Exemption is Also available Under This Policy

Under this policy, a term rider benefit is also available in case of death or disability due to an accident. Market risk does not affect this policy. LIC’s profits and losses definitely have an impact on this policy.

Tax exemption is also available for taking this policy under section 80C of Income Tax. If someone wants to take a plan of Jeevan Umang Policy (LIC Jeevan Umang Policy), then he will have to take an insurance of at least two lakh rupees.