Save Rs 45 Daily and Unlock Rs25 Lakh: Curious to Know How?
Life Insurance Corporation of India (LIC) offers several policies that can turn small, regular savings into a substantial corpus. Among these, LIC Jeevan Anand Policy stands out, allowing you to save just ₹45 daily and accumulate ₹25 lakh over time. Here's a closer look at how this plan works and why it might be the perfect choice for you.
Turn Small Savings into a Big Fund
If you're looking to build a significant fund with minimal investment, LIC Jeevan Anand could be an excellent option. This policy is designed for people who want both insurance coverage and long-term savings. With a minimum sum assured of ₹1 lakh and no upper limit, it offers flexibility to suit diverse financial goals.
How ₹45 a Day Grows to Rs25 Lakh
By saving ₹45 daily, which adds up to approximately ₹1,358 a month or ₹16,300 annually, you can invest in this plan for a tenure of 35 years. Over this period:
- Your total investment: Rs5,70,500
- Maturity value: Rs25 lakh
This amount includes the basic sum assured of ₹5 lakh, along with a revisionary bonus of ₹8.6 lakh and a final bonus of ₹11.5 lakh, giving you a significant return on your savings.
Added Benefits and Riders
While this policy doesn't offer tax exemptions, it compensates with numerous benefits, including:
- Accidental Death and Disability Rider
- Accident Benefit Rider
- New Term Insurance Rider
- New Critical Illness Rider
Additionally, in case of the policyholder’s demise, the nominee receives 125% of the policy’s death benefit or the time-assured amount if death occurs before maturity.
Is LIC Jeevan Anand Right for You?
If you're seeking a secure and rewarding way to grow your savings while ensuring financial protection for your loved ones, this policy is worth exploring. A disciplined saving habit of ₹45 daily could not only secure your future but also help you build a legacy of financial stability.
Start small today and see your dreams grow big tomorrow!
