Life Insurance Corporation (LIC), India's largest insurance company, introduces policies keeping in mind the needs of every person in the country. LIC's Jeevan Lakshya Policy is one such policy. By investing in this policy, you get insurance cover as well as savings related benefits. In this scheme, if you deposit just Rs 172 every day, you can get up to Rs 28.5 lakh.
Learn about this policy:-
It is a non-linked, participating, individual, life assurance plan. Under this scheme, the policyholder gets the annual income benefit. This helps to meet the needs of the family and especially the children. In case of unfortunate death of the policyholder anytime before maturity, the lump sum amount is received by the nominee or legal heir of the policyholder.
The minimum can be so much even-insured:-
You can take this policy with a basic sum insured of at least one lakh rupees. However, there is no limit set for most even-insureds. If you want to take this policy, then you can take it with a policy term of 13-25 years. You have to deposit the premium for a period of 3 years less than the policy term. You can deposit premiums on a monthly, quarterly, half-yearly and yearly basis. If you are 18 years old, you can take this policy. The maximum age to enter this policy is 50 years. At the same time, the maximum age for maturity is 65 years.
You will get Rs 28.5 lakh:-
According to the LIC calculator, if a 29-year-old person takes a policy for 25 years with a sum assured of Rs 15 lakh, he can get Rs 28.50 lakh on receipt of a double bonus at the time of maturity.
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