LIC Jeevan Shiromani Policy: By the way, many schemes are running. By investing in which you also get decent returns. But LIC Jeevan Shiromani Policy Scheme is a little different.
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LIC Jeevan Shiromani Policy for HNIs launched by the company is considered to be one of the most beneficial policies. LIC Jeevan Shiromani Policy is a non-linked, participant, individual, life insurance savings plan. Which provides a basic sum insured of Rs 1 crore by investing for 4 years before receiving returns.
Loan is available on this scheme
There is also a loan facility under LIC Jeevan Shiromani Plan. This is when at least one full year’s premium has been paid. Let us know the LIC Jeevan Shiromani policy and the benefits given under it.
LIC Jeevan Shiromani Policy Information
Life Insurance Corporation of India (LIC) is a Statutory Insurance and Investment Corporation of India under the jurisdiction of the Government of India. According to the website of the insurer, LIC Jeevan Shiromani policy is a limited premium paying money back life insurance plan.
Minimum Basic Sum Assured is Rs 1 crore
In this, the Minimum Basic Sum Assured is Rs 1 crore. Which is specially designed for high earning individuals. Under this plan, the basic sum assured will be Rs.50 per thousand for the first 5 years and Rs.55 per thousand of the basic sum assured from the 6th policy year till the end of the premium paying term.
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