Once LIC gets 4 plans, three types of security are met
new Delhi. Many people do not like giving installments of insurance every year. Understanding the problems of such people, LIC has launched several plans. Of these, 4 schemes are such that investing and other benefits can be done with good insurance protection. These four insurance plans are single premium plans. In such a plan, premiums are paid only once and it continues for a fixed time.
Meet many benefits
After investing in LIC, it also helps in saving the income tax. Most of the plans of the company help in saving the income tax. Apart from this, when the period of this insurance is fulfilled then people get a lot of money with the full benefits of the beacca. Life security also benefits as well. If at some point of time something suddenly happens, the family gets complete protection.
1 life renewable pension plan
Under this plan, people can get pension throughout life and later the nominee will get the money deposited in the form of premium. This scheme can include persons between 30 years and 85 years of age. It is necessary to invest a minimum of one lakh in this scheme. Only one month after the investment, under this scheme 6500 rupees pension will start every year. This pension person can take in monthly, quarter, half yearly or annual form. There is no limit to maximum investment in this scheme. This pension will be available to the person throughout life and after all the money given to his nominee in the form of premium will be returned.
2 Single Money Back Policy
LIC can be invested with three options in this scheme. In this, the investor gets the option of 9 years, 12 years and 15 years. In all these options it is necessary to take minimum insurance, but there is no maximum limit.
Description of 9 year option
In this option, the investor will have to pay a minimum of Rs 28,000 and get insurance of 40 thousand rupees. Under this scheme, 15-15 per cent of the money gets back in the form of money bank in the third and sixth years. This money is about 6-6 thousand rupees. In the 9th year, 16 thousand rupees and bonus is available. On an average, the insurance taker gets a total of about 45 thousand rupees.
12 years option
In this option, insurance of minimum 50 thousand rupees is given, for which 40 thousand rupees are paid. In it, in the 3-6- 9th year, 15 per cent of money back in the form of Money Bank is returned. In the 12th year, full money is recovered. In this scheme people get back about 80 to 85 rupees by the end.
15 years option
The minimum 70 thousand rupees is to be insured in this scheme, for which a premium of Rs. 50 thousand is to be given. In this plan, every 15-15% money gets reimbursed every 3-6-9 and 12th year. Finally, the remaining money is recovered in the 15th year. The investor gets a total of around 1.40 lakh rupees till the end.
Read more: About another single premium plan
Read also:
LIC's position remains strong even after private sector companies came in.
3 Life Prosperity Single Premium Plan
LIC has released a single premium plan called Life Prakashsh. The biggest feature of this plan is to become maturing in 12 years. After 12 years money will be recovered with full profit. This plan can also be done for the child's name of minimum age of 6 years and a person up to a maximum of 47 years can also take this plan.
How much will the minimum Sum Assured get
In this, those who invest the money will get the sum assured of Rs. 75 thousand. However there is no limit to obtaining maximum Sum Assured. People can select it according to their capacity. Not only this, if someone thinks that he needs money later, then the method of computation of surrender value is quite inadequate. If someone surrenders it within a year then it will get 70 percent value back. But if someone surrenders it after a year, then it will get back 90 percent value.
You can also take a loan in exchange for
Not only this, if anybody thinks that he needs money and he does not want to return his insurance too, LIC has also arranged for it too. LIC will also offer loans in lieu of this insurance policy. Although this loan will not get three months from the start. After this, it can be taken any time in the entire policy term.
Free Look Period Will Benefit
If someone thinks that he has chosen the wrong policy then he can return it during the 15-day free look period. These 15 days are counted since the policy was received. However, if a policy wants to return, then it has to be given the due reason.
Advantage at a glance
If a healthy person takes this plan at the age of 25 and takes a basic sum assured of minimum 75 thousand rupees then he has to pay Rs 41242. This plan will get it for 12 years. In this plan, he will get Rs 412420 for his family in the event of death. This benefit will be available during the entire policy term. If there is no accident, then Rs 79875 will be returned.
Read more: About another single premium plan
LIC is making new premiums every year to record.
4 Single Induction Plan
LIC has to pay premium only once in this plan. This scheme can take people from 90 days to 65 years of age. This plan is available for 10 years. It can be insured of minimum 50 thousand, but no limit of maximum
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new Delhi. Many people do not like giving installments of insurance every year. Understanding the problems of such people, LIC has launched several plans. Of these, 4 schemes are such that investing and other benefits can be done with good insurance protection. These four insurance plans are single premium plans. In such a plan, premiums are paid only once and it continues for a fixed time.
Meet many benefits
After investing in LIC, it also helps in saving the income tax. Most of the plans of the company help in saving the income tax. Apart from this, when the period of this insurance is fulfilled then people get a lot of money with the full benefits of the beacca. Life security also benefits as well. If at some point of time something suddenly happens, the family gets complete protection.
1 life renewable pension plan
Under this plan, people can get pension throughout life and later the nominee will get the money deposited in the form of premium. This scheme can include persons between 30 years and 85 years of age. It is necessary to invest a minimum of one lakh in this scheme. Only one month after the investment, under this scheme 6500 rupees pension will start every year. This pension person can take in monthly, quarter, half yearly or annual form. There is no limit to maximum investment in this scheme. This pension will be available to the person throughout life and after all the money given to his nominee in the form of premium will be returned.
2 Single Money Back Policy
LIC can be invested with three options in this scheme. In this, the investor gets the option of 9 years, 12 years and 15 years. In all these options it is necessary to take minimum insurance, but there is no maximum limit.
Description of 9 year option
In this option, the investor will have to pay a minimum of Rs 28,000 and get insurance of 40 thousand rupees. Under this scheme, 15-15 per cent of the money gets back in the form of money bank in the third and sixth years. This money is about 6-6 thousand rupees. In the 9th year, 16 thousand rupees and bonus is available. On an average, the insurance taker gets a total of about 45 thousand rupees.
12 years option
In this option, insurance of minimum 50 thousand rupees is given, for which 40 thousand rupees are paid. In it, in the 3-6- 9th year, 15 per cent of money back in the form of Money Bank is returned. In the 12th year, full money is recovered. In this scheme people get back about 80 to 85 rupees by the end.
15 years option
The minimum 70 thousand rupees is to be insured in this scheme, for which a premium of Rs. 50 thousand is to be given. In this plan, every 15-15% money gets reimbursed every 3-6-9 and 12th year. Finally, the remaining money is recovered in the 15th year. The investor gets a total of around 1.40 lakh rupees till the end.
Read more: About another single premium plan
Read also:
LIC's position remains strong even after private sector companies came in.
3 Life Prosperity Single Premium Plan
LIC has released a single premium plan called Life Prakashsh. The biggest feature of this plan is to become maturing in 12 years. After 12 years money will be recovered with full profit. This plan can also be done for the child's name of minimum age of 6 years and a person up to a maximum of 47 years can also take this plan.
How much will the minimum Sum Assured get
In this, those who invest the money will get the sum assured of Rs. 75 thousand. However there is no limit to obtaining maximum Sum Assured. People can select it according to their capacity. Not only this, if someone thinks that he needs money later, then the method of computation of surrender value is quite inadequate. If someone surrenders it within a year then it will get 70 percent value back. But if someone surrenders it after a year, then it will get back 90 percent value.
You can also take a loan in exchange for
Not only this, if anybody thinks that he needs money and he does not want to return his insurance too, LIC has also arranged for it too. LIC will also offer loans in lieu of this insurance policy. Although this loan will not get three months from the start. After this, it can be taken any time in the entire policy term.
Free Look Period Will Benefit
If someone thinks that he has chosen the wrong policy then he can return it during the 15-day free look period. These 15 days are counted since the policy was received. However, if a policy wants to return, then it has to be given the due reason.
Advantage at a glance
If a healthy person takes this plan at the age of 25 and takes a basic sum assured of minimum 75 thousand rupees then he has to pay Rs 41242. This plan will get it for 12 years. In this plan, he will get Rs 412420 for his family in the event of death. This benefit will be available during the entire policy term. If there is no accident, then Rs 79875 will be returned.
Read more: About another single premium plan
LIC is making new premiums every year to record.
4 Single Induction Plan
LIC has to pay premium only once in this plan. This scheme can take people from 90 days to 65 years of age. This plan is available for 10 years. It can be insured of minimum 50 thousand, but no limit of maximum
Read Hindi
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