LIC Jeevan Shiromani Plan: If you want to secure the future, then make a small investment in LIC’s LIC Jeevan Shiromani plan and after four years you will get a return of one crore rupees. The important thing in this is that along with this you will also get relief from tax.
Life Insurance Corporation of India i.e. LIC has more than one insurance policies (Scheme). You get big money on less investment in this plan of LIC. Let us tell you about such a scheme in which you will have to invest for 4 years and then you will get a tremendous benefit of one crore rupees on maturity. Understand this complete scheme below…
LIC Jeevan Shiromani Policy is a non-linked
LIC Jeevan Shiromani Policy is a non-linked, participant, individual, life insurance savings plan. This is a limited premium paying money back life insurance plan.
Guaranteed Editions under this scheme will be earned at the rate of Rs. This plan also provides protection against serious diseases. LIC Jeevan Shiromani Financial assistance is given to the family of the policyholder after the death of the policyholder during the policy term. For this scheme, policy holders have been given the facility to deposit premium on annual, half yearly, quarterly and monthly basis. The minimum age to buy this policy is 18 years.
LIC policy blast only one time investment, lifetime pension of lakhs will be available
Loan can be taken under this policy very easily
In this scheme of LIC, there is a tax exemption on investment on investment. The specialty of this policy is that during the policy term, the customer can also take a loan on the basis of the surrender value of the policy. But this loan is available under the terms and conditions of LIC. Policy loan will be available on the basis of interest rate as decided from time to time.
Know here, Complete information about LIC Jeevan Shiromani
- Minimum Sum Assured : Rs 1 Crore
- Maximum Sum Assured : No Limit (Basic Sum Assured will be in Multiples of 5 Lakh)
- Policy Term: 14, 16, 18 and 20 Years
- Minimum Age for Entry: 18 years
Insurance Scheme: Get only Rs 299, Rs 10 lakh insurance and benefit of free treatment, see here
Till when premium has to be paid: 4 years
Maximum age for policy entry: 55 years for 14 years policy, 51 years for 16 year policy, 48 years for 18 year policy, 45 years for 20 year policy Is.