The Life Insurance Authority of India is helping shape the future of people and their families through its life insurance policies. Know about the five best plans of LIC.
In today’s fast changing times and new diseases, there is no confidence in life. At the same time, we all want to see the safety and future of our family safe. That’s why we all choose life insurance policies. At present, Life Insurance Authority of India is providing various types of life insurance policies in the country.
It has often been seen that we buy any such LIC plan due to lack of information and in haste. Which we have to face a lot of difficulty in fulfilling in future. We should always buy policy plans according to our needs. We need to keep in mind that many people here have different needs. In such a situation, a single plan cannot meet the needs of everyone.
Here, people get a single premium plan from the Life Insurance Authority of India, from children’s plans for children to retirement policy plans for people’s retirement, and to invest like FDs. Apart from this, if you are thinking of a guaranteed return plan for yourself, then the insurance company is also giving a guaranteed return plan for this. Today we are going to tell you about the five best plans of LIC. By choosing which you can safely start your insurance policy.
Jeevan Anand
Life time insurance cover is given to the policyholder under Jeevan Anand plan of LIC. At the same time, after the death of the policyholder, his family members also get the death benefit. Under this policy, the life time insurance of the policyholder remains even after maturity. On the other hand, if we talk about complying with the rest of the insurance, then the insurance cover plan ends after maturity. This policy of LIC is known as ‘With life and even after life’.
Under this plan, if you take this plan for 20 years at the age of 21, then after its maturity at the age of 41, you get the maturity of the policy. That’s where your Lifetime Insurance continues. After the death of the policyholder, the death benefit amount is given to the family members under the sum assured of this policy.
Zeal of life
This plan of LIC is the first choice for those who desire guaranteed returns along with whole life insurance. Apart from this, people doing their retirement planning also keep it in their first choice. At the same time, under this plan, people get a lifetime guaranteed amount after paying a fixed premium. At the same time, even after the death of the policyholder, the family continues to get the death benefit.
On completion of premium term of LIC Jeevan Umang plan, the policyholder gets Lifetime Guaranteed Amount. This guaranteed amount can range from 7 to 8 percent of the sum assured. The example of which is that if you take a plan of Rs 10 lakh, then every year you will get 70 to 80 thousand rupees on the premium of the plan. This amount is given till the death of the policyholder. At the same time, after death, the death benefit is given to the family members of the policyholder.
The maturity of this plan has been fixed at 100 years. At the same time, the maturity amount is given after the policyholder’s survival of 100 years. This plan can also be taken in the name of children. In this, the minimum age has been fixed at 90 days. At the same time, the maximum age depends on your premium paying term.
Single Premium Endowment Plan
LIC’s Single Premium Plan is the best plan for those who invest money together. Those people who want an insurance plan along with depositing the fixed amount together can take it. Just as a fixed amount is deposited in the FD of banks for a fixed time, similarly in this plan also you can deposit your money for a fixed time.
Under this plan, the policyholder’s money is deposited for a fixed time, the maturity amount is given to the policyholder on completion of the policy. In this, the policyholder gets the benefit of insurance cover along with good returns. If you are thinking of investing money in LIC together then Single Premium Endowment Plan can be the best plan for you.
Life benefit
LIC’s Jeevan Labh plan can become the first choice for those who wish to get high returns along with insurance cover. The bonus given in this plan of LIC is much higher than other insurance plans. Due to which we get very high returns at the time of maturity of this plan.
The most important thing about this plan is that in this the customer has to pay premium for a few short years. For example, if you are taking this plan for 16 years, then in this you have to pay premium only for 10 years. Whereas for 21 years plan you have to pay premium for 15 years and for 25 years plan you have to pay premium for 16 years only.
The minimum age to take this plan has been fixed at 8 years and maximum 59 years. Under this plan, customers get the facility to pay premium monthly, quarterly, half yearly and annually. Along with this, you also get tax and loan benefits from this plan.
Life goal
Jeevan Lakshya plan, one of the best plans of LIC, helps you to improve the future of your children. The special feature of this plan is that even after the death of the policyholder, the maturity amount is given. At present, the premium of this policy is very high, and in this, the customer also gets a three-year rebate in paying the premium.
For example, if the policyholder takes this policy for 20 years, then he has to pay only for 17 years. On the other hand, if the policy holder dies before the completion of this plan, then the policy continues in this condition, for which no amount is taken from the policyholder’s family. At the same time, 10% of every sum assured is given to the family of the holder till the policy maturity.
At present, the minimum age for this plan has been fixed at 18 years and maximum 50 years. By taking this plan in their name, customers can secure the future of their children.
