LIC: Life Insurance Corporation of India has launched a wonderful policy for its customers. Whose name is Jeevan Azad Policy. It was launched in January 2023. The minimum sum assured of this policy is Rs 2 lakh. Any citizen of the country can buy it easily. LIC is the largest insurance company in the country
LIC: If you are preparing to invest at this time. If you are looking for a better opportunity to make such investment, then this news is better for you. You can earn better profits by investing in Jeevan Azad Policy of Life Insurance Corporation of India (LIC).
The Jeevan Azad policy of the country’s largest government insurance company Life Insurance Corporation of India (LIC) is getting great response. LIC has sold 50,000 Jeevan Azad policies in 10-15 days after launch. This policy has been launched in January 2023. Let us know what is the specialty of this policy?
The specialty of this plan is that in this the customers have to pay the premium for 8 years less than the maturity term. LIC will pay you a lump-sum amount on maturity. This is called Basic Sum Assured. As a lump-sum, LIC will pay you a minimum of Rs 2 lakh and a maximum of Rs 5 lakh.
Will Get Guaranteed Return
In this, you have to pay premium for 8 years less than maturity. Suppose you have bought a policy for 18 years, then you will have to pay premium only for 10 years. You can buy this policy for 15-20 years. Along with this, Jeevan Azad policy can be taken by any person from 90 days old child to 50 years of age.
Policyholders are provided with the option of paying the premium on an annual, half-yearly, quarterly and monthly basis. If a 30 year old person takes a policy for 18 years. In such a situation, for an assured of Rs 2 lakh, Rs 12,038 will have to be deposited for 10 years.
