In a special policy of LIC, you get 10 times return on just one premium payment. Let us have a look at the details related to this scheme.
LIC Plan: Life Insurance Corporation offers the facility of many policies. Under which investors get excellent returns. We are going to tell you about such a plan of LIC, in which you get up to 10 times the return on investment.
The name of this plan is Dhan Varsh Plan 866. Under the scheme, citizens get the facility of 10 times the risk cover for safe savings and depositing a single premium. Policyholders do not even need to pay premiums again and again for this policy.
There are two options for premium in LIC Dhan Varsha. In the first option, on taking a single premium of Rs 10 lakh, the family gets a guaranteed addition bonus of Rs 12.5 lakh in the event of his death.
Along with this, you get 1.2 times the sum assured. And in the second option, 10 times the risk cover is available. 10 times crash support is available in case of death of the policyholder. This means for a single premium of Rs 10 lakh, the nominee or family gets a guaranteed bonus of Rs 1 crore.
Loan facility is also available to the policyholders under this policy. Customers can buy it till 31 March 2023. Its insurance cover is also considered very beneficial. One has to invest for a fixed time for the plan. Once the policy matures, the amount is paid. For this, the option of 15 years and 10 years term plan is available.
For which the bonus amount is also different. The age of the customers should be minimum 3 years and maximum 60 years for the tenure of 15 years. At the same time, for a period of 10 years, the age of the policy holders should be minimum 8 years and maximum 40 years.
