LIC Jeevan Lakshya Policy: LIC Jeevan Lakshya Policy If you are also concerned about your children’s future! Forget all your worries now! We are going to tell you about such a policy from LIC (Life Insurance Corporation)! Who takes care of all your worries, from the education of your children to their marriage! The name of this plan of LIC is Jeevan Lakshya whose table number is 933. The special thing about this policy is that in addition to a fixed income, it also guarantees capital protection!
LIC Jeevan Lakshya Policy LIC Life Goals Policy
LIC Jeevan Lakshya Policy, the largest life insurance company in the country, offers a wide variety of insurance products such as retirement plans, repayment plans, life insurance, endowment insurance and micro-insurance plans! Depositing Rs 125 daily will get you Rs 27 lakh! This policy is exclusive! That subscription is for 25 years, but you do pay a premium for 22 years! The duration of this plan is 13 to 25 years!
LIC Introduces Jeevan Lakshya Insurance Policy! That is a participating unlinked plan and offers a combination of protection and savings! LIC has on its website https://www.licindia.in! The LIC (LIC Jeevan Lakshya Policy) plan can be purchased for a minimum insured amount of ₹1 lakh! And according to LIC, there is no maximum limit of Sum Assured!
LIC Jeevan Lakshya Policy: Tax Advantage Facility
LIC Jeevan Lakshya Insurance Policy Comes With Tax Benefits! In fact, the premium paid in this policy is tax free under Section 80C of the Income Tax Act! In addition, the amount received as lapse or death benefit also receives tax exemption under Article 10 (10D) of the Income Tax Act!
What is the appropriateness of the policy?
The minimum age to use this LIC Jeevan Lakshya insurance is 18 years and the maximum age is 50 years! The term is 65 years, ie if a person takes out this policy in 50 years, he will get a maximum term of 15 years!
This LIC Jeevan Lakshya insurance is available for terms from 13 to 25 years! There is a 3 year relaxation in the premium payment term of the policy, which means that if one takes out a policy with a 13 year subscription, he/she has to pay this premium for 10 years!
Who can take this policy?
LIC Jeevan Lakshya Policy can only be taken by him! Whose age is more than 18 years and less than 50 years! Daughter must be at least 1 year old! To get this policy, you need to talk to the LIC agent! So that he can modify the LIC Jeevan Lakshya Policy (LIC Jeevan Lakshya Policy) and give it to you! Documents required while taking the policy such as Aadhar Card, Income Certificate, Identity Card, Daughter’s Birth Certificate
How does the Life Goals Plan work?
- You must choose the insured base amount, the policy duration and the premium payment frequency
- The annual premium amount is calculated using these options and the age of insured life
- You must pay premium for less than three years from the chosen term
- When paying the outstanding premium, an annual bonus is added
- In the event of death during the term, the annual income is paid out until the end of the term! The lump sum will be refunded on the maturity date!
- When the plan expires, the applicable lapse fee will be paid
What are the other flexible benefits under Jeevan Lakshya plan?
LIC Jeevan Lakshya Policy if your chosen Sum Assured Level is Rs 2 Lakh and above! So you can claim premium discount for higher insurance tiers! The discount rate applies to the actual amount insured and increases as you increase the amount insured! The following exemptions are allowed under the scheme:
Read more >>
How much should be the CIBIL SCORE to take a loan – know on what basis you will be able to get the loan