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LIC's great policy; Get a return of Rs 17 lakh on an investment of Rs 233

By Lokmat English Desk | Updated: December 22, 2021 20:36 IST

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LIC offers many great plans for its customers. If you are dreaming of becoming a millionaire with a safe investment, then this LIC policy is very useful for you.
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LIC Jeevan Labh Yojana is a policy in which you can earn Rs 17 lakh by depositing just Rs 233 per month. Learn about this plan.
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As LIC Life Benefit is a non-linked policy, it has nothing to do with the stock market. Going up or down the market will not affect your money at all.
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This means that your money is completely safe in this plan. This is a limited premium plan. The plan is based on the children's marriage, education and the purchase of property.
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LIC's life benefit plan offers both profit and protection. People in the age group of 8 to 59 years can easily take this policy.
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The term of the policy can be extended from 16 to 25 years. This policy requires a minimum sum assured of Rs. 2 lakhs, no limit on the maximum amount.
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The policy also provides loan facility on payment of 3 years premium. Tax deduction on premium and on death of the policyholder, the nominee gets the sum insured and bonus benefits.
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The nominee gets Death Sum Assured, Simple Reversionary Bonus and Final Extra Bonus as Death Benefit. That is, the nominee will receive an additional sum insured.
Tags: All India Life Insurance Agents Federation
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