LIC Jeevan Anand: In this policy, you can get Rs 25 lakh by depositing around Rs 1358 per month. If you look at it on a daily basis, you have to save Rs 45 every day.
Every person saves some part of his income and wants to invest it in such a place where his small savings can create a big fund in the future. In this case, the savings plans of Life Insurance Corporation of India (LIC) are very popular in terms of both security and returns. LIC has plans available for people of all ages. One such plan is LIC's Jeevan Anand Policy, in which you can create a big fund of Rs 25 lakh by saving just Rs 45 per day. Let's know about it in detail…
You can create a big fund with a low premium
If you want to create a big fund at a low premium, then Jeevan Anand policy can prove to be a great option. It is similar to a term policy. In this plan, the policyholder gets not one but many maturity benefits. The minimum sum assured in this plan of LIC is ₹ 1 lakh, while the maximum limit has not been fixed.
How to make 25 lakh rupees by saving 45 rupees daily?
In LIC Jeevan Anand Policy, you can get Rs 25 lakh by saving about Rs 1358 per month i.e. Rs 45 per day. You have to continue this saving for a long time. Under this scheme, if you save Rs 45 daily for 35 years, then on maturity of the scheme you will get a total amount of Rs 25 lakh. If we look at the annual savings, this amount will be around Rs 16,300.
This amount is available with bonus
If you invest Rs 16,300 every year in this LIC policy and continue it for 35 years, your total investment will be Rs 5,70,500. Under this policy, you will get a basic sum assured of Rs 5 lakh on completion of the maturity period. Along with this, you will also get a reversionary bonus of Rs 8.60 lakh and a final bonus of Rs 11.50 lakh. Bonus is given twice in Jeevan Anand policy, but for this the policy tenure should be at least 15 years.
No tax exemption, still many benefits
In this LIC policy, the policyholder does not get the benefit of tax exemption. However, apart from this, there are many other benefits available. If you look at the features of this plan, there are 4 types of riders available in it, which include:
Death benefit has also been added to this policy. That is, if the policyholder dies, the nominee will get 125% death benefit of the policy. At the same time, if the policyholder dies before the maturity of the policy, the nominee will get an amount equal to the term assured.
