LIC Insurance Policy: There is news of work for the customers of LIC. LIC keeps on offering tremendous schemes from time to time for the customers. By investing in these plans, you can secure the future of yourself and your family.
One such special scheme of LIC is – Jeevan Umang Policy, in which you can get good profits by investing. Let us know about this wonderful policy. If you want to get more returns in less investment then LIC Jeevan Umang Policy will be best for you. With very little investment, you can get an annual return of Rs 36,000.
Know about this plan
LIC’s Jeevan Umang policy is different from other schemes in many respects. People from 90 days to 55 years of age can take this policy. This is an endowment plan. In this, along with life cover, a lump sum amount is available on maturity. Fixed income will come into your account every year after maturity. On the other hand, after the death of the policyholder, his family members and the nominee will get the lump sum amount. Another feature of this scheme is that it provides coverage up to 100 years.
Will get 36 thousand rupees annuallyÂ
If you pay a premium of Rs 1350 every month in this policy, then in a year this amount is Rs 16,200. If this policy is run for 30 years, then the amount increases to about 4 lakh 86 thousand rupees. The company starts giving you a return of 36 thousand every year from the 31st year on your investment.
Policyholder also gets the benefit of term rider
Under this policy, term rider benefit is also available in case of accidental death or disability of the investor. This policy is not affected by market risk. There is definitely an impact of LIC’s profits and losses on this policy. Tax exemption is also available on taking this policy under section 80C of Income Tax. If someone wants to take a plan of Jeevan Umang Policy, then he will have to take insurance of at least two lakh rupees.
