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LIC brought ‘Dhan Vridhi’ plan, can apply till 30 September, will get these benefits

LIC Policy News: Today LIC has brought another new scheme for the customers. In this scheme, you can apply only from 23 June 2023 to 30 September 2023. After September 30, this policy will be closed and you will not be able to take advantage of it.

From time to time, many new schemes are taken out for the customers by LIC, in which you get better returns as well as a guarantee for the future. Today LIC has brought another new scheme for the customers. In this scheme, you can apply only from 23 June 2023 to 30 September 2023. After September 30, this policy will be closed and you will not be able to take advantage of it. Let us tell you the name of this policy and its specialty-

Can take advantage from June 23

Public sector insurance company LIC has introduced a new fixed term insurance plan ‘Dhan Vriddhi’ on Friday. Life Insurance Corporation of India (LIC) said in a statement that the sale of this insurance scheme has started from June 23. According to LIC, Dhan Vridhi is a non-linked, non-participating, individual, saving and single premium life plan that offers a combination of protection and savings.

Family members will get full money on death Let

us tell you that if the holder dies while the policy is in progress, then provision has been made in this scheme to provide financial help to his family members. At the same time, a provision to give a guaranteed amount on completion of the maturity period has also been kept in it.

For how many years can I take the policy?

This scheme is available for a period of 10, 15 and 18 years. It offers a minimum basic fixed amount of Rs 1.25 lakh which can also be increased in multiples of Rs 5,000.

Will get the benefit of tax exemption

Tell me, the maximum age to enter this plan is from 32 to 60 years depending on the tenure and option. Investors of this plan can surrender it anytime and can also avail tax exemption of up to Rs 1.5 lakh under 80C.

Single premium policy

This policy is a life insurance single-premium policy. This policy offers a combination of savings and protection during the term. According to the website of Life Insurance of India, this policy gives an additional guarantee of up to Rs 75 per Rs 1,000 sum assured.

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Bhupendra Pratap
Bhupendra Pratap
Bhupendra Pratap has over 3 years of experience in writing finance content, entertainment news, cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @insuranceindiaain@gmail.com
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