Invest Rs 246 Daily and get staggering 52 lakhs on maturity
Life Insurance Corporation of India (LIC) has introduced a remarkable policy called LIC Jeevan Labh, which has garnered immense popularity among customers due to its unique combination of insurance coverage and savings.
By investing a mere Rs 7,572 per month or Rs 246 daily, policyholders can expect to receive a staggering 52 lakhs on maturity.
Let’s explore the benefits of this policy, payment options, and the maturity amount.
How to Attain 54 Lakhs on Maturity
Individuals between the ages of 18 and 59 can opt for the Jeevan Labh policy. For instance, a 25-year-old person opting for a 25-year term will need to invest Rs 7,400 per month or Rs 246 per day, resulting in an annual payment of Rs 86,954.
Upon maturity, policyholders will receive the Sum Assured, Reversionary Bonus, and Additional Bonus.
It is important to note that the bonus rate may vary, potentially impacting the maturity amount.
Investment Duration Options
An advantageous aspect of this plan is its flexibility to be purchased for both adults and children.
Individuals aged 8 to 59 can invest in the Jeevan Labh Yojana. The policy can be taken for periods of 10, 13, and 16 years.
Benefits of the Policy
Investors in LIC’s Jeevan Labh plan have the freedom to choose their premium amount according to their preferences.
If the policyholder survives until maturity, they will receive the maturity amount along with additional benefits such as the sum assured and bonus.
In the unfortunate event of the policyholder’s demise, the nominee will receive the death benefit along with the bonus.
Next Story :
-
CV Anand Apologizes For Remarks Against National Media
![CV Anand Apologizes For Remarks Against National Media]()
Hyderabad, Dec 23 (Maxim News): Hyderabad Police Commissioner C.V. Anand has apologized. He posted a statement withdrawing his comments to the national media. He said that he lost patience when the national media asked questions about the Sandhya Theater incident.
-
Trade License Fee Should Be Collected By December 31: Commissioner Ilambarthi
![Trade License Fee Should Be Collected By December 31: Commissioner Ilambarthi]()
Hyderabad, Dec 23 (Maxim News): According to the property tax database in the Greater Hyderabad area, a total of 3,17,033 houses are in the non-residential area. However, only 1,09,702 people in the non-residential area have taken trade licenses and paid the fee as of December 19. He said that the remaining non-residential PTI numbers have not…
-
Allu Arjun’s House Attacked: Six Arrested
![Allu Arjun’s House Attacked: Six Arrested]()
Hyderabad: A group of miscreants, claiming to be associated with the Osmania University Joint Action Committee, attacked actor Allu Arjun’s residence, hurling tomatoes on Sunday. Flower pots inside the premises were damaged. The incident has left fans and the local community in shock. Six persons were arrested in connection with the incident.
-
Three-Day Regional Research Symposium On Project-Based Learning Concluded
![Three-Day Regional Research Symposium On Project-Based Learning Concluded]()
The three-day Regional Research Symposium on Project-Based Learning(RRSPBL) began at Anurag University, Venkatapur in the city on Saturday
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page and Twitter and Instagram. For all the latest Hyderabad News updates
