250 rupees daily savings benefit of 52 lakhs this benefit is available in this LIC program also for children

LIC Jeevan Labh Policy: LIC plans are the most popular life insurance plans in the country. Life Insurance Corporation of India also offers many types of plans that cater to different needs of people. There is much debate these days about the LIC’s Jeevan Labh policy. The unique thing about this plan is that both the insurance benefit and the savings benefit are available. This is a capital life plan in which a lump sum plus bonus is paid out after a certain period of time.

You can invest in LIC’s Jeevan Labh Plan 936 with various goals. Nowadays there is a discussion about this policy that you can get Rs 54 lakhs on maturity by saving only Rs 7,572 each month. Let us tell you how?

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Features of the Jeevan Labh Plan
In the Life Insurance Corporation of India Jeevan Labh plan, investors have the option to choose the amount and duration of the premium as per their preference. With this plan, if the policyholder survives to maturity, he will receive a huge amount due along with other benefits including sum insured and bonus. On the other hand, in the event of an unfortunate death of the insured, the nominee receives sick pay and a bonus.

How to get 52 lakhs from 250 rupees daily?
The minimum age to purchase a Jeevan Labh policy is 18 and the maximum is 59. Let’s say if a person aged 25 takes out a 25 year Jeevan Labh policy, he will have to invest Rs 7,400 per month or Rs 246 per day. Accordingly, this amount is Rs 86,954 per year and upon maturity he will receive an amount of Rs 52,50,000 lakh. These include the benefits of the Sum Assured and Reversionary Bonus and the Final Additional Bonus. However, since the bonus rate is constantly changing, the due amount may also change.

The policy can also be taken out on behalf of children
Another unique feature of this program is that it is available from children to the elderly. Any citizen between the ages of 8 and 59 can invest in Jeevan Labh Yojana. Policyholders can deposit money for contract periods of 10, 13 and 16 years. On the other hand, the money is paid out when it is due within a period of 16 to 25 years. A person aged 59 can choose an insurance policy for 16 years, so their age does not exceed 75 years.

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Tags: health insurance, Insurance, Life Insurance Corporation of India (LIC)