LIC’s Jeevan Lakshya Policy: One of the popular policies of India’s largest government insurance company LIC is LIC’s Jeevan Lakshya policy. There are many benefits of this policy. This is special for those people who want to make a big fund by depositing a small amount. Only after reading carefully, you will know its benefits and the formula to get 27 lakh rupees.
Suppose a person is 30 years old and he has bought this policy for 25 years for a sum assured of Rs 10 lakh. In such a situation, he will have to pay the premium only for 22 years. That is, you will get the full benefit even after paying less premium for 3 years.
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The name of this scheme of LIC is Jeevan Lakshya whose number is 933. The most important thing about the policy is that it also guarantees security of capital along with fixed income. In this, there is an option to get Rs 27 lakh on depositing Rs 125 daily. Another special feature of this plan is that this plan is for 25 years, but you have to pay the premium only for 22 years. The policy term for this scheme is 13 to 25 years.
With this policy maturing in 10-25 years, comparisons with fixed deposits are a must. On a comparative basis, it gives far better returns than FDs. Life Insurance Corporation has designed this scheme especially keeping in mind those who need lump sum earning. This earning can be on maturity of investment, on retirement, even as a gift.
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