LIC Jeevan Labh Policy (LIC Life Benefit Policy): Nowadays, every person is feeling the need for a life insurance policy. LIC (Life Insurance Corporation) Jeevan Labh Policy is a policy that not only secures your life, but also takes you towards a strong financial future. This policy is especially for those who want high risk protection and good wealth accumulation at a low premium. In this article, we will give you complete information about LIC Jeevan Labh Policy and tell you how you can earn up to Rs 54 lakh by depositing Rs 243 daily.
What is LIC Jeevan Labh Policy?
LIC Jeevan Labh Policy is a traditional life insurance plan that provides timely benefits, fund accumulation and financial security. This policy is a good mix of both wealth creation and protection. It is a planned investment plan that provides you with financial security for your family as well as a strong financial position in the future.
Key Features:
Life Cover: This policy provides financial security to your family in case of your death.
Benefits: Timely investment in this policy offers great benefits.
Customization: This policy can be customized to suit various aspects of your life.
Wealth Creation: This is an option that allows you to build a large corpus by paying a small premium.
Benefits of LIC Jeevan Labh Policy
LIC Jeevan Labh Policy aims to not only provide you security but also strengthens your future financial planning. Following are some of the major benefits of this policy:
More benefits in low premium
In LIC Jeevan Labh Policy, you can get a benefit of up to Rs 54 lakh by depositing Rs 243 daily. This means that with a small premium you can earn big benefits.
Tax benefits
By investing in this policy, you get tax exemption under section 80C. Apart from this, the death benefits of the policy are also tax free.
Opportunity to accumulate funds
LIC Jeevan Labh Policy also provides benefits in the form of accumulation. If you pay the premium regularly, then after a certain time you can accumulate a large amount.
Flexible payment options
In this policy, you get annual, half-yearly or monthly payment options, so that you can pay the premium as per your convenience.
Loan option in difficult times
You can also take a loan against the premium amount paid by you in LIC Jeevan Labh Policy. With this, you can solve your financial problems.
LIC Jeevan Labh Policy Structure and Covers
LIC Jeevan Labh Policy is structured in such a way that it provides long-term and safe investment options. The main structure of the policy is as follows:
| Policy Options | Description |
|---|---|
| Policy Type | Life Insurance + Endowment Plan |
| Cover | Death Cover + Maturity Benefit |
| Deadline | 16 to 25 years (as per your convenience) |
| Premium Payment | Monthly, Half-Yearly, Yearly |
| Minimum Sum Assured | ₹1,00,000 |
| Death Benefit | Sum Assured + Bonus (if applicable) |
| Increased Benefits | When the policy matures, a bonus will also be given along with the amount. |
How to invest in LIC Jeevan Labh Policy?
- Investing in LIC Jeevan Labh Policy is very simple. You have to take the following steps:
- Select the policy: First of all, get complete information about this policy from the official website of LIC or from any nearest LIC agent.
- Determine the premium amount: You can determine the premium amount as per your convenience. Remember that by investing Rs 243 daily, you can get Rs 54 lakh.
- Fill the application form: To invest in the policy you need to fill the application form and submit the required documents.
- Pay the first premium: After completing the application process, pay the first premium amount. Your policy will then be activated.
FAQ (FAQ)
Who can invest in LIC Jeevan Labh Policy?
People between 18 to 50 years of age can invest in LIC Jeevan Labh Policy.
- Is there a bonus in this policy?
Yes, in this policy you also get a bonus over time, which increases your sum assured.
- Can I take a loan against LIC Jeevan Labh Policy?
Yes, you can take a loan against the sum assured provided by the policy.
- What do you get when the policy ends?
When the policy ends, you get the sum assured in addition to the bonus.
- Is there any tax exemption on LIC Jeevan Labh Policy?
Yes, by investing in this policy, you get tax exemption under section 80C.
