Want to make a fund of lakhs of rupees with less investment, this policy of LIC is the right option

LIC Jeevan Labh Policy: If you want to become a millionaire by investing less, then LIC’s Jeevan Labh policy will do this work for you. Through this policy, you have to deposit only Rs 233 per day and in a few years you will create a corpus of Rs 17 lakh. Let’s know about this policy:-

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 the 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 daily 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.

safe investment

• 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.