In a financial landscape brimming with investment opportunities, the Life Insurance Corporation of India (LIC) stands out with its array of advantageous schemes catering to individuals of all age groups.
Among these offerings, the LIC Jeevan Labh Policy shines as a beacon of security and savings.
Designed to provide a substantial corpus upon maturity, this policy is a key player in securing your financial future.
Monthly Investment, Lifetime Gains
With the LIC Jeevan Labh Policy, a modest monthly investment of Rs 7,572 is all it takes to pave the way for a substantial future.
This non-linked, fixed premium payment plan not only offers financial protection to your loved ones in the event of your demise but also ensures a handsome reward if you survive until maturity.
As per your preferences, you can choose the premium amount and term duration within this plan.
Unlock the Power of Maturity
The eligibility range for obtaining this policy spans from 8 to 59 years of age. For instance, if an individual opts for the Jeevan Labh policy at age 25, a monthly investment of Rs 7,572 or Rs 252 per day would be required.
This translates to an annual deposit of Rs 90,867 and a cumulative deposit of approximately Rs 20 lakhs.
Upon maturity, the policyholder will be entitled to an impressive sum of Rs 54 lakhs.
Furthermore, investing in LIC’s Life Benefit also grants you access to Reversionary Bonus and Final Additional Bonus upon maturity.
The LIC Jeevan Labh Policy boasts an inclusive range of benefits. Citizens aged 8 to 59 can embark on this journey towards financial security.
The policyholder can invest for durations of 10, 13, or 16 years, with payouts spanning between 16 and 25 years.
A 59-year-old individual, for instance, can opt for a 16-year policy to ensure coverage until the age of 75.
Most notably, the policy’s death benefit ensures that if the policyholder passes away during the policy term, the nominee receives the insurance amount along with accrued bonuses.
LIC’s Jeevan Labh Policy emerges as a formidable choice, bridging the gap between security and financial prosperity.
With its accessible investment threshold and remarkable maturity benefits, this policy paints a picture of stability and growth in an ever-changing financial landscape.