Great Plan of LIC is getting the benefit of 1 crore in just 1 rupee, know plan details The policy of Life Insurance Corporation of India is considered to be much better in terms of risk. That’s why people invest in it. Today we are going to tell you about one such plan of LIC. In this scheme (LIC Jeevan Shiromani Policy), you will get tremendous profit even in lieu of 1 rupee. This policy gives protection as well as savings. Let us know about this policy.
Great Plan of LIC
This plan gives many benefits
We are talking about Jeevan Shiromani Policy. This is a savings investment scheme, which can give big profits. LIC (Life Insurance Corporation) Jeevan Shiromani scheme was launched on 19th December 2017. This is a non-linked, limited premium paying money back plan. The plan also provides insurance cover for critical illnesses. This is a market linked profit scheme. Three optional riders have also been given on it.
Great Plan of LIC – Guarantee amount of Rs 1 crore
Actually, LIC’s plan (LIC Jeevan Shiromani Policy) is a non-linked plan. In this, you get a guarantee of at least 1 crore sum assured. LIC (Life Insurance Corporation) keeps on offering many good policies to its customers to secure their lives. Actually, the minimum return in this policy is Rs 1 crore. That is, if you deposit one rupee for 14 years, then you will get a total return of up to one crore.
Great Plan of LIC – What is the whole plan?
LIC Jeevan Shiromani Policy launched this scheme on 19th December 2017. This is a non-linked, limited premium paying money back plan. It is a market linked benefit scheme. This scheme is specially designed for HNI (High Net Worth Individuals). This plan (Life Insurance Corporation) also provides cover for critical illnesses. It also has 3 optional riders available.
get financial aid
Jeevan Shiromani plan provides financial assistance to the family of the policyholder in the form of death benefit during the policy term. In this policy (Life Insurance Corporation), the facility of payment has been given during the stipulated period in case of survival of the policyholders. Apart from this, a lump sum amount is also given on maturity.
View Survival Benefit
Survival Benefit i.e. a fixed payout is made on the survival of the policyholders (LIC Jeevan Shiromani Policy). Under this it is the payment process.
- 14 Year Policy -10th & 12th Year 30-30% of Sum Assured
- 16 Year Policy – 12th & 14th Year 35-35% of Sum Assured
- 18 year policy -14th and 16th year 40- 40% of Sum Assured
- 20 Year Policy -16th and 18th Year 45-45% of Sum Assured.
Know how much loan you will get
The feature of this policy (LIC Jeevan Shiromani Policy) is that the customer can take a loan on the basis of the surrender value of the policy during the policy term. But this loan will be available only on the terms and conditions of LIC (Life Insurance Corporation). The policy loan will be available at an interest rate as decided from time to time.
Terms and conditions
Minimum Sum Assured – Rs 1 Crore Maximum Sum Assured: No Limit (Basic Sum Assured will be in multiples of 5 Lakhs.) Policy (LIC Jeevan Shiromani Policy) Term: 14, 16, 18 and 20 Years Up to which time to pay premium Will be: 4 years Minimum age for entry: 18 years 6. Maximum age for entry: 55 years for policies of 14 years; 51 years for a 16-year policy; 18 year policy (Life Insurance Corporation Of India) for 48 years; 45 years for a 20 year policy.