LIC Jeevan Anand: There are many schemes to create a big fund, but one scheme of LIC is very special. Its biggest advantage is that it also provides death cover. In this scheme, you can create a fund of Rs 20 lakh or more by depositing Rs 200 daily. Know about this scheme:
There are many investment schemes, but Life Insurance Corporation of India (LIC) has no shortage of options. LIC has a scheme in which you can create a big fund by depositing a small amount every day. This fund can be used for studies or marriage or any other important work. Apart from this, this scheme has many other benefits as well.
The name of this scheme of LIC is Jeevan Anand Policy. In this, you can create a fund of Rs 20 lakh by depositing less than Rs 200 daily. If you want to create a bigger fund, you will have to invest more money. In this scheme, the sum assured is at least Rs 1 lakh. There is no maximum limit. You can create any big fund.
How will a big fund be created?
In this scheme, age and time limit matter. Suppose, you are 21 years old now. To create a fund of Rs 20 lakh, you will have to invest Rs 5922 every month for 30 years, i.e. about Rs 197 per day. This premium will be for the first year. From the second year onwards, you will have to pay a premium of Rs 5795 every month, i.e. about Rs 193.
What is this scheme?
This is a term maturity plan. You will have to pay premium for the number of years for which you want to take this plan. Like we have told about the 30 year plan. The policy holder will have to pay premium for this period. During this period, if the policy holder dies, then the nominee gets 125% of the basic sum assured or 105% of the premiums paid till death.
These benefits are also available
You also get the benefit of bonus in this plan. If you deposit about Rs 200 daily for 30 years, you can get a bonus of about Rs 30 lakh. However, for more information about this, go to the nearest branch of LIC. You can also take a loan on this policy.
Who can take this plan?
Any person between 18 and 50 years of age can take this policy. The policy term is 15 to 35 years. The premium can be paid on a monthly, quarterly, half-yearly or yearly basis.
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