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LIC Scheme- Invest in this scheme of LIC today, there will be no problem after retirement


If we talk about India, then 70 percent of the people of the country are employed and all of them are worried about their retirement, so these people want to invest a part of their earnings in a scheme that will give them good benefits after retirement, in such a situation, Life Insurance Corporation of India (LIC) offers a variety of schemes for people of different income groups. Investing in LIC schemes gives guaranteed returns, which protects investors from market risks. This safety and security makes LIC schemes a popular choice for many people. One such scheme that is currently under a lot of discussion is Jeevansathi Bima Yojana.

It is considered to be one of the top schemes offered by LIC. If you have not yet invested in it, then everything you need to know about this scheme is here, including its benefits and investment requirements.

Key Features and Benefits

Joint Coverage for Couples: This plan is specially designed for husband and wife. It offers different maturities under a single premium. If one spouse dies, the surviving partner is relieved from paying further premiums.

Dual Maturity Benefit: At the end of the policy term, both spouses get the benefit of two different maturity periods.

Immediate Lumpsum Payout: In the unfortunate event of the death of the spouse, LIC disburses a lump sum amount immediately. Additionally, the surviving spouse receives regular payouts to meet essential expenses.

Premium Waiver: If one of the spouses dies, the policy waives all future premiums. This feature ensures that the surviving spouse remains financially secure without the burden of constant premium payments.

Annual Payout: LIC offers an annual payout of around Rs 50,000 to the surviving spouse, subject to the premium chosen while purchasing the plan.

Eligibility and Investment Details

Age Criteria: Individuals aged between 18 and 50 years can invest in this policy.

Investment Term: The policy term ranges from a minimum of 13 years to a maximum of 25 years.

Premium Payment Term: The premium must be paid for three years less than the chosen policy term.

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