Big News LIC Jeevan Labh Scheme, LIC Jeevan Shiromani Plan: In this the minimum installment for monthly will be Rs 5000, for quarterly minimum installment amount will be Rs 15,000, for half yearly minimum installment amount will be Rs 25,000
LIC Jeevan Labh Scheme: Life Insurance Corporation of India has introduced a scheme for every category, which gives benefits of lakhs of rupees along with insurance. Similarly, LIC’s Jeevan Labh Policy is the plan, in which an investment of just Rs 238 can give a benefit of up to Rs 54 lakh. Maturity benefit, death benefit are also given under this scheme.
Along with this, you are given the benefit of a lump sum amount on maturity. Let us know who is given the benefit under this insurance scheme and how one can get up to Rs 54 lakh under this scheme.
Must know, Eligibility for LIC Jeevan Labh
The minimum age for the policy term of 16 years under this plan is 8 years and the maximum age should be 59 years. Whereas the maximum age of 54 years has been kept for a term of 21 years and 50 years for a policy term of 25 years. However, the maximum maturity age of this plan is 75 years, while the minimum sum assured has been kept at Rs 2 lakh and there is no limit on the maximum basic sum assured.
Know about, LIC Jeevan Labh Benefits
LIC’s Accidental Death and Disability Benefit Rider, LIC’s New Term Assurance Rider, LIC’s New Critical Illness Benefit Rider, LIC’s Premium Waiver Benefit Rider and Settlement Option for Maturity Benefit are some of the rider benefits offered by the plan Huh.
How much installment has to be
paid This plan comes with 4 payment options. In this, the minimum installment amount for monthly will be Rs 5000, for quarter the minimum installment amount will be Rs 15,000, for half-yearly the minimum installment amount will be Rs 25,000 and for annual minimum installment amount will be Rs 50000.
LIC Jeevan Labh, like this you can Calculat
If you are 25 years old and you opt for the premium paying term of 25 years. So you have to choose Rs.20 lakh as Basic Sum Assured and pay annual premium of Rs.86,954 (excluding GST) monthly or around Rs.238 per day. If you invest regularly for 25 years, the total maturity amount will be around Rs 54.50 lakh