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Home Personal Finance LIC Jeevan Labh Policy: Big news! This scheme of LIC will make...

LIC Jeevan Labh Policy: Big news! This scheme of LIC will make you a millionaire, you will have to invest like this

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Changes in LIC policy rules: Senior policyholders affected by new update
Changes in LIC policy rules: Senior policyholders affected by new update

LIC Jeevan Labh: This Jeevan Labh policy is a non linked and profit plan. This policy provides financial assistance to the family in case of death of the holder.

LIC Jeevan Labh Policy: If you are planning to invest in the new year, then you can become the owner of crores of rupees by investing in LIC’s Jeevan Labh Policy. Like government schemes, investing in Life Insurance Corporation of India (LIC) is considered a good option. In this, along with family insurance, the invested amount is safe. If you also want to invest in Insurance Schemes . So you can make an amount up to crores of rupees by investing more than 250 rupees daily.

This scheme of LIC is Jeevan Labh policy, which is a non linked and profit plan. This policy provides financial assistance to the family in case of death of the holder. Along with this, if the policy holder survives till maturity, then he will get big money. Under this scheme, investors have the right to choose the amount and duration of the premium as per their wish.

Benefits of this scheme

  • If you invest money in LIC’s Life Benefit, then on maturity you are also given the benefit of Reversionary Bonus and Final Additional Bonus.
  • Any citizen between 8 years to 59 years can invest under this scheme.
  • Under this policy, insurance holders can deposit money for 10, 13 and 16 years, which will be given money on maturity of 16 to 25 years.
  • A person of 59 years can choose an insurance policy for 16 years, so that his age does not exceed 75 years.

How to get crores of rupees, understand the calculation like this

  • If a person saves and deposits Rs 512 every day in LIC’s Jeevan Labh Policy and invests Rs 15360 every month, then Rs 184320 will be deposited annually and this money will be deposited for 25 years at the age of 25. If he invests for Rs. 46 lakhs in 25 years, he will deposit about Rs. 46 lakhs and after completion of maturity, the policy holder will get an amount of Rs. one crore 9 lakhs.
  • If a person saves Rs 256 every day in LIC Jeevan Labh Policy and invests Rs 7700 every month, then Rs 92,400 will be accumulated annually and he invests this money for 25 years at the age of 25. If he does, he will deposit around 20 lakh rupees. After completion of maturity, the policy holder will get an amount of Rs 54.50 lakh.
  • If a person saves 128 rupees every day in LIC Jeevan Labh Policy and invests 3850 rupees every month, then 46200 rupees will be accumulated annually and he will get this money for 25 years at the age of 25 years. If he invests, he will deposit around Rs 10 lakh. After completion of maturity, the policy holder will get an amount of Rs 27.25 lakh.

Insurance plan for every category

Significantly, most people in the country invest in LIC Policy Plan for insurance. LIC has started a policy for every category, which has the right to deposit the premium on its own to the insurance holders. Investing in all policies of LIC is considered a safe option.

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