look news india
Saving is very important for everyone. Your savings can be useful in your difficult times. In such a situation, if you are also looking for a good scheme to invest your money, then you can think about LIC. Life Insurance Corporation of India (LIC), the country's largest insurance company, has very popular schemes, by investing in which you can save well. You can invest your money in LIC's Jeevan Anand Policy. In this scheme, you can collect funds up to Rs 25 lakh by saving Rs 45 daily. Let us know about LIC's Jeevan Anand policy.
LIC Jeevan Anand Policy
LIC Jeevan Anand Policy is like a term plan. That means you will have to pay the premium for the duration of your policy. In this scheme you can deposit Rs 1359 every month i.e. Rs 45 daily. You will have to pay this premium for a long period. By depositing Rs 1359 every month, you will have to deposit around Rs 16,300 annually. You invest a total of Rs 5,70,500 in this scheme for 35 years.
As per the policy, you will get a basic sum assured of Rs 5 lakh, along with which you will get a revisionary bonus of Rs 8.60 lakh and a final bonus of Rs 11.50 lakh after the maturity period. In this you will be given bonus twice. Keep in mind that your policy should be for 15 years.
You get many maturity benefits in this Jeevan Anand policy of LIC. The minimum sum assured in this scheme is also Rs 1 lakh. Talking about tax, you will not be given any kind of tax exemption in the scheme. The policy consists of four riders, which include Accidental Death and Disability Rider, Accident Benefit Rider, New Term Insurance Rider and New Critical Benefit Rider.