Amazing policy of LIC, will have to make small investment every month and a fund of lakhs will be made

LIC Policy: LIC is the largest and most reliable insurance company in India. Crores of people trust LIC. LIC keeps on bringing out various types of plans for the customers so that loans can choose the policy of their choice keeping in mind their financial goals.

Today we are going to tell you about such a scheme of LIC, in which you can create a fund of lakhs of rupees and for this you will have to invest a very small amount every month, for those who do not have a large amount to invest. The plan is a great option.

this is the plan

• The name of this plan is LIC Jeevan Labh.
• Any policy of LIC has no relation with the stock market. In this your money is completely safe.
• The highlight of Jeevan Labh policy is that it is a limited period plan. You can also use it for your children’s marriage, education or property.

Policy Highlights

• Any person from 8 years to 59 years can take this policy.
• In this policy, the plan has to be taken for 16 to 25 years.
• There is no maximum investment limit.
• Minimum investment of Rs 2 lakh has to be made.
• Loan facility is also available in this. You can avail the loan facility after paying the premium for 3 years.
• Tax exemption on premium and on the death of the policy holder during the policy term, the nominee gets the benefits of Sum Assured and Bonus.

This is how you can become a millionaire

• If a person opts for 16 year term plan and 10 lakh sum assured option of this policy at the age of 23 years, then he will have to pay Rs 233 every month for 10 years. In this way, he will have to pay a total of Rs 855107.
• This amount will be given on maturity i.e. at the age of 39 years, which will be Rs 17,13,000.

(Here ABP News is not giving any investment advice in any scheme. The information given here is for informational purpose only. Consult experts before depositing money in any scheme)

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