LIC Bima Ratna Policy: LIC has recently launched a new insurance policy. In this we will tell you the details of this policy today. A lump sum investment in this policy gives lifelong pension. Know full details.
After the Corona era, people have started coming to know about the importance of insurance and savings-investment. After this people have started buying investment and insurance plans. People now want bumper returns by investing, but are afraid of risk. If you are also looking for such a plan, then today we will tell you about the plan of the country’s largest government insurance company. Life Insurance Corporation of India (LIC) is not only the largest insurance company in the country, but it is also considered to be the most trusted. This is the reason why LIC is the first choice for insurance of millions of people across the country.
Today, let us tell you about a special policy of India’s most trusted insurance company LIC, 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.
Benefits to the family after death
One of these life insurance policies is Jeevan Akshay (LIC Jiwan Akshya). A lump sum deposit 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.
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 its 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 the premium for 20 years, then at the end of 18th and 19th year, LIC will pay 25-25 percent of the sum assured. In the 25 year plan, the payment will be done at the end of 23rd and 24th year.
profit 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 Your mind
For LIC’s Jeevan Ratna plan, you will need to take a sum assured of at least Rs 5 lakh. There is no maximum investment limit. This policy can be of minimum 15 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.