Details of New LIC Policy: Save Rs.2,000 per Month and Get Rs.48 Lakhs in Return…
Want to take LIC Policy? Want to save less and get more returns? You can save Rs.2,000 per month in a policy in LIC and get returns of Rs.48 lakh.
1. Want to save some money for paycheck? Thinking of taking an insurance plan? By saving in a scheme offered by Life Insurance of India (LIC), you can get returns of around half a crore rupees. Saving just Rs.2,000 per month is enough.
2. New LIC Endowment Policy (LIC New Endowment Policy) is offering this plan for protection along with savings. It is a non-linked, participating, individual, life assurance plan. LIC says that apart from saving money, you can also get protection. At the time of maturity, you can get higher returns at once. Know the complete details of this policy.
3. Anyone between the age of 8 years to 55 years can join LIC New Endowment Plan. A minimum term of 12 years to 35 years can be taken. Minimum Sum Assured is Rs.1,00,000. Death benefit can be taken in installments instead of lump sum. At least Rs.5,000 per month, Rs.15,000 for three months, Rs.25,000 for six months and Rs.50,000 per year can be taken.
4. LIC New Endowment Policy also has rider options. LIC Accidental Death and Disability Benefit Rider, LIC Accidental Benefit Rider, LIC New Term Assurance Rider, LIC New Critical Illness Benefit Rider, LIC Premium Waiver Benefit Rider can be selected.
5. Looking at the benefits of this plan, for example, suppose a 30-year-old person takes a policy with a policy term of 35 years and a sum assured of Rs.1,00,000. Annual premium is Rs.2,881 + taxes to be paid. Maturity benefits will come up to Rs.2,49,000 on maturity.
6. Suppose an 18-year-old man has taken this policy with a sum assured of Rs.10 lakh and a term of 35 years. Annual premium should be Rs.24,391. That means a monthly premium of Rs.2,079 has to be paid. Returns of more than Rs.48 lakhs at the time of maturity.
7. There are many plans from LIC. LIC offers different policies specially for different categories. Children, women, elderly people… they can choose the plan they want. You should know the complete details of the policy on the official website of any plan to be taken from LIC.
