LIC New Premium Endowment Policy: Life Insurance Corporation of India (LIC) has recently introduced its new premium endowment plan. Single investment option is given under this plan. This is such a scheme, in which by investing Rs 70, you can get Rs 48 lakh on maturity. This plan is designed for Regular Income Plan and lump sum amount at the end of the term.
This scheme of LIC meets your loan arrears, financial help for children’s education and future needs. Apart from this, the benefit of tax benefits and insurance cover is also given. Along with this, this plan also gives high returns to the people. This plan will give you a big profit along with making a small investment.
Who can take this plan
There should be some necessary eligibility to take LIC’s new premium settlement plan. Without this qualification, you will not be able to take advantage of this scheme. This plan can be purchased from the age of 8 to the age of 55 years. While talking about the term of this policy, it is from 12 years to 35 years. In this, the minimum sum assured is Re 1, while there is no limit on the maximum.
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By investing Rs 71, you will get Rs 48 lakh
If an investor chooses a 35-year term plan under this scheme at the age of 18, then he will have to invest Rs 26,534 annually for a sum assured of Rs 10 lakh. From the second year onwards, this premium will be Rs 25,962. In such a situation, you will have to invest around Rs 71 per day. You can get Rs 48 lakh on maturity.
Where can I get this plan
Any investor can register under this policy by visiting the nearest office of LIC. Here you will be given detailed information about this scheme. After this, according to your convenience, you can invest as much amount as you want.
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