People get guaranteed returns by investing in LIC schemes. LIC does not have to face the dangers of market risks. For this reason most people prefer to invest in LIC schemes.
In this episode, we are going to tell you about another wonderful scheme of LIC, which is being run especially for women. The name of this scheme is LIC Aadhaar Shila Plan. By investing in this scheme you can get strong returns in the long run.
What is LIC Aadhar Shila Scheme?
LIC Aadhar Shila Scheme is a non-linked, individual life insurance scheme. This scheme has been specially designed for women. On maturity of this policy the investor gets a fixed amount. Whereas if the policyholder dies before the completion of the policy, then in such a situation the family gets financial assistance. Only physically healthy people (healthy lives without undergoing any medical examination) can invest under this scheme.
Insurance plan up to what amount
Under the Aadhar shila policy, the basic sum assured under LIC Aadhar shila plan is minimum Rs 75,000 and maximum Rs 3,00,000. The maximum age of maturity is 70 years i.e. the age of the policyholder at the time of maturity should not be more than 70 years. On maturity, the policyholder gets a lump sum amount. If you buy this plan, you are given the option of monthly, quarterly, half yearly and yearly payment of premium.
Who can invest
This policy has been prepared for those women who have Aadhaar Card issued by UIDAI. To invest in this, the age of the woman should be between 8 to 55 years. Apart from this, only physically healthy people (healthy lives without undergoing any medical examination) can invest under the scheme.
