During the Corona period, people have come to know the importance of insurance. During this many people had to lose their lives. In view of this, people have started taking insurance policies. With the safety of the people, there has been an increased attention to investment. Today we are going to tell you about one such policy. Let us know in detail in the news below.
Whenever we think of an insurance policy
Whenever we think of an insurance policy, we always think about what will help my family after something happens to me. Insurance is there to deal with future uncertainties, but if there is an insurance scheme that will work with your life and work for your family even after life, then it will be a pleasant experience. Let us tell you today about a special policy of LIC, India’s most trusted insurance company, which works with the life of the person and even after life. LIC has launched a new insurance policy in May this year, whose name is Bima Ratna Policy, today we will tell you the details of this policy.
Life Insurance Corporation of India
Life Insurance Corporation of India, the country’s largest and government insurance company, continues to offer many insurance plans to the people. One of these life insurance policies is Jeevan Akshay, after depositing lump sum money in this scheme gives lifelong pension after one age. In this policy, the amount of pension depends on the investment, the person making the investment gets to know about the pension received only while depositing the money.
Know about Survival benefit
Survival benefit is also special Survival benefit is also special in this plan of LIC. That is, if the person survives till the end of the policy term, then he will get the benefit. Suppose someone has taken this insurance plan for 15 years then LIC will pay 25-25 percent of Basic Sum Insured at the end of 13th and 14th year. If one has paid premium for 20 years, then at the end of 18th and 19th year, LIC will pay 25-25% of the sum assured. In the 25 year plan, the payout will be at the end of the 23rd and 24th years.
Know About Benefit on Maturity
Benefit on Maturity If the Life Assured survives till the day of maturity, then LIC will pay 50% of the Basic Sum Insured. Not only will the insured get this benefit, some guaranteed bonus will also be given after maturity. The Life Assured will get a guaranteed bonus of Rs 50 per 1000 investment from the first year to 5 years. By the end of 6th to 11th year, this amount becomes Rs 55 per 1000 rupees.
Keep these things in mind
Keep these things in mind, for LIC’s Jeevan Ratna scheme, you will need to take a sum assured of at least 5 lakh rupees. There is no maximum investment limit. This policy can be of minimum 15 years and maximum 25 years. The premium has to be paid for 11 years for 15 years plans, 16 years for 20 years plans and 21 years for 25 years plans. This scheme is perfect for life insurance as well as savings.