LIC Launch Dhan Rekha Policy: After a long time, Life Insurance Corporation of India ie LIC has come up with a new policy for its customers.
The special thing is that this plan will also give you 100% maturity along with money back. LIC has launched this plan in the name of Dhan Rekha. Also, its plan number will be 863. Before investing anywhere, a common person has certain desires. As if he had to pay money for a short time.
Keeping this in mind, LIC has launched Dhan Rekha Insurance in the market. This plan will give you a sum assured of up to 125%. Along with this, the option of paying two types of premium, single and limited premium is also given in this. Due to not being linked to the stock market, the risk is also less in it. Today we will tell you about the specialty of Dhan Rekha plan available at very low risk. Let’s know about this special scheme –
what is special
In this type of money back plan, benefits are usually given in two situations. The first is ‘Survival Benefit’ i.e. on survival of the policyholder till the date of maturity, and the second ‘Death Benefit’.
LIC Dhan Rekha Survival Benefits
20 Year Policy – 10% of Sum Assured at the end of 10th and 15th year. In 20th year, Sum Assured + Guaranteed Addition at Rs.50 per 1,000 Sum Assured from 6th year to 20th year is given. Whereas there is no GA for 1st to 5th year.
30 Year Policy – 15% of Sum Assured at the end of 15th, 20th and 25th year. On 30th year, from 6 to 20 years Sum Assured + Rs.50 per Rs.1,000 Sum Assured is given additional guarantee. From 21st to 30th year, GA is given at Rs.55 per 1,000 Sum Assured.
40 Year Policy – 20% of Sum Assured at the end of 20th, 25th, 30th and 35th year. In the 40th year, Sum Assured from 6 to 20 years + Rs.50 per Rs.1,000 Sum Assured is given. From 21st to 30th year, GA is given at Rs.55 per 1,000 Sum Assured. For the last 31 to 40 years period, the GA will be calculated at Rs 60 per 1000 Sum Assured.
Death Benefit of LIC Dhan Rekha
If a person dies within the term, 125% of the sum assured along with bonus will be provided to the nominee. On the other hand, if the individual is paying limited premium in LIC Dhan Rekha policy, then 7 times the annual premium or 125% of the sum insured, whichever is higher, will be given to the nominee along with bonus.
Who will get the benefit of the policy
Under LIC Dhan Rekha policy the minimum age is 90 days and maximum age is 55 years on the term of 40 years. The minimum age is 2 years and the maximum age is 45 years on a term of 30 years. At the same time, the minimum age of 3 years and maximum age is 35 years on the term of 20 years. Under this, any Indian person can get the policy.
