LIC Jeevan Labh Yojana: If you are looking for a reliable and safe investment option that provides financial support to your family in case of an unfortunate event, then LIC Jeevan Labh Yojana may be the right option for you. In this article, we will discuss the benefits, review, interest rate and policy of LIC Jeevan Lahg Yojana.
Benefits of LIC Jeevan Labh Yojana
LIC Jeevan Labh Yojana provides financial security to the policyholder’s family in case of his untimely demise. Additionally, the policyholder can choose the premium amount and term to suit their needs. On maturity, the plan provides a lump sum to the policyholder. Additionally, policyholders can also avail reversionary bonus and final additional bonus on maturity.
|Name of the article||LIC Life Benefit Policy|
|start||Life Insurance Corporation of India (LIC)|
|Beneficiary||Citizens of the country|
|objective||Lump sum on survival to maturity|
|Policy term||Tenure from 16 to 25 years|
Citizens aged 8 to 59 years can invest in LIC Jeevan Lahg Yojana. Policyholders can choose to deposit money for 10, 13 or 16 years and the money will be disbursed on maturity between 16 and 25 years.
Computation of compensation
If you apply for LIC Jeevan Labh Yojana Rs. If you want to earn more than 54 lakhs, you have to spend Rs. 256 per month or Rs. 7700 needs to be invested. By doing this, you can save around Rs. 92,400 can be deposited, resulting in a maturity of around Rs. 20 lakhs will be received. After maturity, the policyholder gets Rs. 54.50 lakh will be received.
The interest rates of LIC Jeevan Labh Yojana vary from time to time. Currently, the interest rate of this scheme ranges from 6.90% to 7.90%.
LIC Jeevan Labh Yojana is a safe investment option for those looking for a reliable plan. The policy provides financial support to the policyholder’s family in case of an unfortunate event and also provides a lump sum on maturity.
LIC Jeevan Labh Yojana is a reliable investment option that provides financial security to your family in case of unfortunate events. We have provided you with all the essential information about the plan benefits, review, interest rate and policy. Make sure to share this article with your friends who are looking for a safe investment option.