Save 250 days and get Rs 54 lakh. This superhit scheme of LIC created a stir, know the complete mathematics of maturity: – ..
News India Live, Digital Desk: For investors looking for a secure future and excellent returns Life Insurance Corporation of India (LIC) ‘Jeevan Labh – Plan 936’ policy is proving to be a game-changer. The biggest feature of this plan is that in this you have to pay the premium for a limited time, while the benefits of protection and returns are available for a long time. If you save just around ₹250 daily, you can get a huge lump sum amount of up to ₹54 lakh on maturity.
Magic figure of ₹54 lakh: How does the calculation work?
To access this huge fund, you will have to adopt a special strategy:
Age: let’s say your age 25 years Is.
Policy Term: You 25 years Choose a plan with a duration of Rs.
Premium Payment (PPT): you only 16 years The premium will have to be paid only.
Sum Assured: if you ₹20 lakh Let’s take the sum assured.
Daily Investment: Your average premium is approximately ₹250 to ₹256 per day (Approximately ₹ 7,700 monthly).
Maturity Benefit: On completion of 25 years, you will get total Sum Assured + Bonus + Final Additional Bonus. ₹54.50 lakh You can get returns up to Rs.
Key Features of LIC Jeevan Labh (936):
Limited Premium Payment: You do not have to pay for the entire policy term. (Like paying only for 16 years in a 25 year policy).
Tax Benefit: on the amount invested Section 80C Under and on maturity amount Section 10(10D) Tax exemption is available under.
Loan facility: After paying premium for 2 consecutive years, you can also take a loan against your policy.
Death Benefit: If any untoward incident happens to the policyholder during the policy term, the sum assured and bonus are paid to the nominee.
Who can take this policy? (Eligibility)
| Criteria | Description |
|---|---|
| minimum age | 8 years |
| maximum age | 50-59 years (as per term) |
| Minimum Sum Assured | ₹2,00,000 |
| Maximum Sum Assured | No limit (depending on income) |
Is it related to stock market?
no, this one Non-Linked There is a plan. This means that your money does not get affected by the ups and downs of the stock market, due to which your investment remains completely safe and you also get a share in the profits (bonus) of LIC along with guaranteed returns.
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