LIC This Policy Advantage & Rs 150 tax investment will get 19 lakh LIC is that the most trusted insurance firm within the country.
Consumers are greatly benefited by investing during this government-run company policy. during this age of rising inflation, it's imperative for every folks to save lots of a particular percentage of our hard-earned money and invest it during a policy. Everyone dreams of a far better future for his or her children.
The life assurance Corporation of India features a similar scheme which has been designed keeping in sight the requirements of the youngsters . We are talking about LIC's LIC NEW CHILDREN'S a refund PLAN.
◆Here are the highlights of this policy
● The minimum age for removing this insurance is 0 years
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● the utmost age for taking insurance is 12 years
● The minimum sum insured is Rs. 1,00,00.
● there's no limit to the utmost sum insured.
● Premium Weaver Benefit Rider- Option available
◆ a refund installment
The policyholder will get 20% of the sum assured on completion of 18, 20 and 22 years aged .
◆ Maturity Benefit :
At the time of policy maturity (in case the insured doesn't die during the term of the policy) the policyholder will get an increased portion of the sum insured with a bonus of 40 per cen
◆ benefit :
In case of death of the policyholder at the time of the policy term, additionally to the sum insured, an easy reversionary bonus check and a final maximum bonus are given. benefit shall not be but 105% of the entire premium payments
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View Policies of self, spouse and youngsters :
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