You just have to pay the premium for 4 years, after that you get an assured guarantee of Rs 1 crore, this scheme of LIC is amazing, know the details..
LIC Jeevan Shiromani Plan: LIC's Jeevan Shiromani policy is a non-linked, participating, individual life insurance plan. This scheme is designed for those people whose income is very good and they want a safe investment.
Give your life the protection of LIC.
The country's largest insurance company, LIC, i.e., Life Insurance Corporation of India, offers many such policies along with insurance for its customers, in which you can create a big fund by investing. Those who invest in these do not have to face any kind of risk. LIC Jeevan Shiromani is one such plan.
What is Jeevan Shiromani policy?
LIC's Jeevan Shiromani policy is a non-linked, participating, individual life insurance plan. This scheme is designed for those people whose income is very good. For those who want to invest their earnings in a safe plan and earn interest, Shiromani Plan is perfect for them.
Terms of Shiromani Plan?
To avail this scheme, the policyholder must be at least 18 years of age. The maximum age limit for a policy term of up to 14 years is 55 years; for a term of 16 years, the maximum age limit is 51 years. For an 18-year policy, the maximum age limit is 48 years, and for a 20-year policy, the maximum age limit is 45 years.
How much premium will have to be paid?
If you buy this policy, you will have to pay a minimum premium of Rs 94,000 every month. In this plan, you have to pay a premium only for 4 years. You can pay this premium every month, three months, six months, or annually as per your convenience. The maximum limit of premium is also not fixed.
Maturity of the plan?
The minimum maturity period of this plan is 18 years, and the maximum maturity period is 69 years. In this plan, death benefit is also given to the family on the death of the policyholder. This plan of LIC also gives you the facility of optional riders, so that the scope of coverage can be increased if needed.
