LIC Scheme: Save only ₹ 45 per day, this scheme of LIC will make it ₹ 25,00,000, bonus..
Despite the existence of many investment options, there are some investments that people have trusted for a long time. Even today, people include them in their portfolios. People have such trust in LIC. Even today, many people like to invest in LIC schemes. Today we tell you about one such scheme of LIC, for which if you save just Rs 45 daily, you can add a fund of Rs 25 lakh for yourself.
We are talking about LIC's Jeevan Anand policy, in Jeevan Anand policy, a sum assured of one lakh rupees is given, while there is no maximum limit. Bonus, death benefits, and other benefits are also associated with this scheme. Know the details here.
You get these benefits
This policy of LIC is a term policy. Four types of riders are available in this policy. These include Accidental Death and Disability Rider, Accident Benefit Rider, New Term Insurance Rider and New Critical Benefit Rider. If the insured person dies due to any reason, then his nominee gets a 125 percent death benefit. However, this policy does not provide any kind of tax benefit.
These facilities are also included
Any person whose age is between 18 years to 50 years old can buy this policy. The maximum maturity age is around 75 years. The minimum policy term is 15 years and the maximum policy term is 35 years. You are given the facility to pay the premium of the policy monthly, quarterly, half-yearly, or yearly. The policy can be surrendered at any time, provided two full years' premium has been paid. On surrendering the policy, LIC will pay a surrender value equal to the guaranteed surrender value or special surrender value, whichever is higher. A loan facility is also available on the policy.
This is how you can get 25 lakhs
If you buy a policy with a sum assured of 5 lakhs, you will have to invest 1358 rupees every month. This way, 16,300 rupees will be deposited in a year. To add 1358 rupees in a month, you will have to save 45 rupees every day. This way, by depositing 16,300 rupees every year, you will invest a total of 5,70,500 rupees in 35 years. After 35 years, you will get 5 lakh rupees as sum assured, 8.50 lakh rupees as a bonus, and about 11.50 lakh rupees as a final additional bonus. This way, you will get a total of 25 lakh rupees on maturity.
