LIC’s Lakhpati Scheme: Rs 25 LAKH corpus; just Rs 45 per day investment – Details
sanjeev | May 27, 2024 12:21 AM CST
LIC's Lakhpati Scheme: Life Insurance Corporation (LIC) stands as a beacon of financial security, offering a diverse array of schemes tailored to suit individuals of all ages.
Among these, the Jeevan Anand Policy emerges as a favorite, renowned for its unique benefits and remarkable returns. With a minimal investment of just Rs 45, this policy opens the door to a substantial return of Rs 25 lakhs, making it an attractive choice for investors seeking financial stability.
Jeevan Anand Policy:
Lump Sum Maturity Benefit: At maturity, policyholders are entitled to a significant lump sum amount, providing a transformative boost to their financial future.
Affordable Premium: For as little as Rs 45 per day or an annual premium of just Rs 1358, individuals can secure the Jeevan Anand Policy for a duration of 35 years.
Flexible Maturity Benefits: The policy offers a range of maturity benefits, empowering policyholders with diverse options to suit their specific needs and goals.
No Investment Limit: While the minimum sum assured stands at Rs 1 lakh, there is no fixed maximum limit, allowing individuals to customize the policy according to their financial aspirations.
Investing in the Jeevan Anand Policy is a step towards securing your financial future and achieving peace of mind.
Investment Returns Over 35 Years:
By investing Rs 1358 every month, a total of Rs 5,70,500 will be deposited over 35 years. Upon maturity, the sum assured of Rs 5 lakh will be supplemented by a revisionary bonus of Rs 8.60 lakh and a final bonus of Rs 11.50 lakh. It's important to note that bonuses are awarded twice during the policy term, provided the policy duration is at least 15 years.
Policy Benefits:
While the Jeevan Anand Policy does not offer tax exemption benefits, it provides policyholders with four types of riders, including Accidental Death and Disability Rider, Accident Benefit Rider, New Term Insurance Rider, and New Critical Benefit Rider. In the event of the policyholder's demise, the nominee is entitled to receive 125 percent of the policy's death benefit.
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