LIC Policy: LIC is soon going to discontinue one of its popular policies. In such a situation, if you also want to invest in it, then this is your last chance. Let us know the details of the policy.
LIC Plan: Life Insurance Corporation of India, the largest and oldest company in the Indian insurance sector, keeps on launching various types of policies (LIC Policy) from time to time for its customers. These plans are made according to the needs of different classes.
Recently, LIC Chairman MR Kumar has told that the company is going to close one of its special policies soon. The name of this policy is LIC Dhanvarsha Scheme. This policy will run till this quarter i.e. March 31, 2023. After that it will end. The special thing about this policy is that it is a single premium policy. Come, we are telling you about the details of this scheme (Dhan Varsha Plan).
Know about LIC Dhan Varsha Policy-
Dhan Varsha Plan is a non linked, individual, saving and single premium insurance scheme. By investing in it, you get the benefit of both savings and security. If there is an untimely death of a different policyholder, then in such a situation the nominee gets the death benefit. The special feature of this scheme is that it gets rid of the hassle of depositing premium again and again. You get two options to invest in it. Let’s know about this-
Know about both the options-
Under LIC Dhan Varsha Plan Details, you get a chance to invest from a total of two options. In the first, you get a return of up to 1.25 of the premium. In this case, if you deposit a single premium of Rs 10 lakh, then the nominee will get Rs 12.5 lakh as death benefit. On the other hand, in case of death of the policyholder, you can get a return of up to 10 times. In this case, you will get a return of Rs 1 crore on an investment of Rs 10 lakh.
How much return will be received on maturity-
On the other hand, if a policy holder survives till the completion of the plan, then in such a situation he gets the benefit of Guaranteed Additions along with the Basic Sum Assured. These guaranteed returns are deposited in the policy at the end of every year, which the policy holder will get on maturity.
