LIC runs a few such schemes, which now not only deliver incredible returns to the buyers. But additionally offer long-term insurance. Allow us to let you know approximately 5 such schemes, wherein investors get coverage as much as one hundred years.
LIC jeevan Shiromani coverage
Jeevan Shiromani coverage is a non-linked, individual life coverage financial savings plan, specially designed for folks that earn well and want to shield their funding. If you take a coverage with a sum assured of Rs 1 crore, the minimum monthly top rate is Rs 94,000. On this scheme, you need to deposit the premium for four years. You may pay the top class on a month-to-month, quarterly, half-yearly, or annual basis.
LIC jeevan Anand coverage
LIC's jeevan Anand Yojana is a time period plan, which gives terrific returns at a low premium. Its specialty is that by way of investing most effective Rs 45 each day, you may create a fund of up to Rs 25 lakh inside the destiny. The monthly premium is Rs 1,358, which you could deposit on an annual, half of-every year, quarterly, or month-to-month basis. Bonus benefits also are available on this coverage, but for this, it's miles necessary to keep the coverage for as a minimum 15 years.
LIC jeevan Azad coverage
LIC's jeevan Azad policy is a non-related, non-taking part, man or woman plan, that is turning into very popular considering its launch. The funding length on this scheme is from 15 to 20 years. The minimal sum confident is Rs 2 lakh and the most is Rs five lakh. On adulthood of the coverage, the quantity fixed by the coverage agency is given in a lump sum. Human beings from the age of 90 days to 50 years can avail the advantages of this scheme, this is, the policy also can be purchased inside the name of youngsters.
LIC jeevan Umang policy
LIC's jeevan Umang policy is a non-related, participating, entire existence coverage plan, which offers the gain of normal earnings in conjunction with safety. The policyholder receives eight% of the sum assured each year after the crowning glory of the top rate fee time period. A lump sum quantity is paid on adulthood of the coverage or at the death of the policyholder. Aside from this, a mortgage facility is likewise to be had in this plan, which offers financial help in times of need. This coverage offers coverage as much as a hundred years. The top class fee term may be 15, 20, 25 or 30 years. The minimal sum assured is Rs 2 lakh, and this plan is available for humans aged three years to fifty five years.
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