LIC's new policy, if you pay a premium of 45 rupees every day, then you will get 25 lakh rupees after so many years, know how
LIC's new policy, if you pay a premium of 45 rupees every day, then you will get 25 lakh rupees after so many years, of know-how
LIC's Jeevan Anand policy is a life endowment plan which gives many benefits to the policyholders. LIC's plan also ensures that the premium payment provides insurance coverage even after the completion of the tenure.
In this policy, by paying a premium of only Rs 45 per day, the policyholder can get up to Rs 25 lakh in 35 years. This term policy not only includes bonus and death benefits but also has extra benefits like accidental death and disability rider for extra security. Apart from this, the policy provides flexible premium payment options and also allows the surrender of the policy after two years.
If the policyholder dies in an accident, then he also gets an extra cover of up to Rs 5 lakh under the policy. Apart from this, if the policyholder becomes disabled due to an accident, then under this plan, LIC tries to provide relief to the policyholder by paying the insurance amount in instalments, so that his daily needs can be met. The special thing is that no extra charge is levied by LIC for all these extra benefits given under LIC Jeevan Anand.
Special features of LIC Jeevan Anand Plan
This policy of LIC gives a sum assured and a bonus. Maturity benefit is paid on survival and the policy remains active.
After the death of the policyholder, the sum assured is given to the nominated person along with the nominal amount and the option of additional top-up cover is included.
The minimum age of this plan is 18 years and the maximum age is 50 years. The policy period is from 15 to 35 years and the basic sum assured is Rs 1,00,000.
Every year a 2% discount is given in this plan and a 1% discount is given in half yearly. In this plan of LIC, a loan facility is also available after 3 years.
How to deposit 25 lakh rupees?
This policy allows depositing 25 lakh rupees in 35 years by depositing Rs 1,358 every month. This means you have to deposit Rs 45 every day. This means you have to invest for a long period between 15 and 35 years. This plan includes two bonuses, which include a total deposit amount of Rs 5,70,500 after 35 years and a basic sum assured of Rs 5 lakh. On maturity, the policyholder gets a revisor bonus of Rs 8.60 lakh and a final bonus of Rs 11.50 lakh in addition to the deposit amount. To get these bonuses, the policyholder needs to invest for at least 15 years.