LIC Jeevan Anand: There are many schemes to create a big fund, but one scheme of LIC is very special. Its biggest advantage is that it also provides death cover. In this scheme, you can create a fund of Rs 20 lakh or more by depositing Rs 200 daily. Know about this scheme:
LIC Special Scheme: Many investment schemes exist, but the Life Insurance Corporation of India (LIC) has no shortage of options. LIC has a scheme in which you can create a big fund by depositing a small amount daily. This fund can be used for studies marriage or any other important work. Apart from this, this scheme has many other benefits as well.
The name of this scheme of LIC is Jeevan Anand Policy. In this, you can create a fund of Rs 20 lakh by depositing less than Rs 200 daily. If you want to create a bigger fund, you will have to invest more money. In this scheme, the sum assured is at least Rs 1 lakh. There is no maximum limit. You can create any big fund.
How to create a big fund?
Age and time limits matter in this scheme. Suppose, you are 21 years old now. To create a fund of Rs 20 lakh, you will have to invest Rs 5922 every month for 30 years, i.e. about Rs 197 per day. This premium will be for the first year. From the second year onwards, you will have to pay a premium of Rs 5795 every month, i.e. about Rs 193.
What is this scheme?
This is a term maturity plan. You will have to pay the premium for as many years as you want to take this plan. As we have told you about the 30-year plan. The policyholder will have to deposit the premium for this time. During this time, if the policyholder dies then the nominee gets 125% of the basic sum assured or 105% of the premiums paid till death.
These benefits are also available
You also get the benefit of ba a onus in this plan. If you deposit about Rs 200 daily for 30 years, you can get a bonus of about 30 lakhs. However, for more information about this, go to the nearest branch of LIC. You can also take a loan on this policy.
Who can take this plan?
Any person between 18 to 50 years old can take this policy. The policy period is 15 to 35 years. In this, the premium can be paid on a monthly, quarterly, half-yearly or yearly basis.