LIC Scheme- Invest only 45 rupees daily in this scheme of LIC, which will give you 25 lakh rupees, know full details

As we know that human life is full of uncertainties, we do not know what will happen to whom, understanding this, we should always be prepared, especially in view of the financial crisis. In such a situation, if you are thinking of an investment plan, then LIC can be a good option for you, these days one of the most talked about schemes of LIC is Jeevan Sathi Bima Yojana. This policy is specially designed keeping in mind the financial security of couples and has rapidly attracted attention due to its unique features and benefits. Let's know full details about it

What is Jeevan Sathi Bima Yojana?

Jeevan Sathi Bima Yojana is a joint life insurance policy designed keeping in mind married couples. It offers many benefits that make it a popular choice for partners looking to secure their future.

Key Features and Benefits of Jeevan Sathi Bima Yojana

Dual coverage for both spouses:

Both spouses are covered under the same premium, but each will have different maturity periods. This means that if one partner dies during the policy term, the surviving spouse continues to receive benefits including payouts.

Maturity Benefits:

The policy offers maturity benefits for both spouses. If one partner dies, the surviving spouse still receives the maturity amount as well as all future premiums are waived off.

Lump sum payout in case of death:

If one spouse dies during the policy term, LIC will provide a lump sum payout immediately.

Annual payout to surviving spouse:

After the death of one spouse, LIC pays the surviving spouse a fixed annual amount (around Rs 50,000 or more) depending on the premium chosen while buying the policy. This can provide financial stability to the surviving spouse.

Premium Waiver on Death:

In the unfortunate event that one spouse dies, the premium is waived for the remaining policy term for the surviving spouse, thereby easing the financial burden.

Eligibility and Age Criteria:

This plan is available for individuals aged 18 years and above, which means even young couples can start securing their future.