LIC’s Dhan Vriddhi Policy: LIC’s new policy, ‘Dhan Vriddhi’, has come up with a valuable offer for individuals looking for insurance coverage and investment opportunities.
LIC’s Dhan Vriddhi Policy Features: Life Insurance Corporation of India (LIC), one of the leading insurance providers of the country, has recently launched a new policy named ‘Dhan Vriddhi’. This plan offers policyholders the flexibility to surrender their policy at any time, thereby giving them greater financial control and freedom.
Come, let us know here what are the special features of LIC’s new policy ‘Dhan Vriddhi’?
surrender option
‘Dhan Vridhi’ policies allow policyholders to surrender their policy at any time during the policy term. This facility gives individuals the freedom to modify their financial plans based on their needs and circumstances.
Attractive Returns
‘Dhan Vriddhi’ investments offer attractive returns, making it an attractive option for individuals looking to grow their savings. The policy is designed to provide both protection and growth, ensuring that policyholders can secure their financial future while maximizing their returns. This scheme of LIC is for 10, 15 and 18 years. You can invest at least Rs 1.25 lakh in this.
Option to choose tenure
LIC’s ‘Dhan Vridhi’ policy offers different policy tenure options to meet different financial goals and time frames. Policyholders can choose a policy term that suits their investment objective, from short term to long term.
Flexible Premium Payment
The policy offers flexibility in premium payment options, giving policyholders the option to choose between regular, limited or single premium payment modes. This enables individuals to choose a payment plan that suits their financial capabilities and priorities.
Guaranteed Editions
‘Dhan Vridhi’ provides guaranteed additions to the policy fund at specific intervals during the policy term. These additions increase the maturity value of the policy, thereby ensuring that policyholders receive additional benefits over and above the basic sum assured.
Maturity and Death Benefit
On completion of the policy term, the policyholder is entitled to receive the maturity benefit, which includes the Sum Assured along with accrued bonuses and Guaranteed Additional Sum Assured. In the unfortunate event of death of the policyholder during the policy term, the death benefit is paid to the nominee, providing financial security to the family.
Loan facility
‘Dhan Vriddhi’ policyholders can avail loan against the policy, subject to certain terms and conditions. This facility enables individuals to meet unforeseen financial requirements without surrendering the policy.
How can I get this plan?
If you are thinking of taking this plan, then you can buy it offline from any LIC agent, or Point of Sales Persons-Life Insurance, or Common Public Service Center. Wherein, to buy online, you can go to the website named www.licindia.in .
It is worth mentioning that LIC’s new policy, ‘Dhan Vridhi’, has brought a valuable offer for individuals looking for insurance coverage and investment opportunities. With the flexibility to surrender the policy at any time, policyholders can maintain financial control and adapt their plans to changing circumstances.
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