एलआईसी जीवन लाभ प्लान:- When considering insurance, many prefer the government-backed Life Insurance Corporation of India (LIC). LIC regularly introduces various policies to help customers secure their financial future. One such scheme is the LIC Jeevan Labh Policy, allowing you to accumulate a significant fund of Rs 17 lakh by investing just Rs 233 per month. This policy comes with multiple benefits, making it a valuable option for financial planning. This article aims to provide detailed information about the LIC Jeevan Labh Policy.
LIC Jeevan Labh Policy 2024
Contents
The LIC Jeevan Labh Policy, introduced by the Life Insurance Corporation of India in 2020, is a non-linked profit plan with a limited premium payment feature. This policy offers a substantial sum to the policyholder upon maturity. In the unfortunate event of the policyholder’s death, it provides financial assistance to their family. Notably, being non-linked means it is not affected by the stock market’s fluctuations, ensuring the safety of your investment regardless of market conditions. Specifically designed for purposes like children’s marriage, education, and property purchase, this limited premium plan also provides savings benefits along with coverage.
LIC Jeevan Labh Policy Overview
| Name Of The Article | LIC Jeevan Labh Policy |
| launched By | By Life Insurance Corporation of India (LIC) |
| Beneficiary | Citizens of the country |
| Objective | Lump sum amount on survival till maturity |
| Policy Term | Term from 16 to 25 years |
| Category | Govt. Scheme |
| Year | 2024 |
| Application Process | Online |
| Official Website | https://www.licindia.in/ |
How old is LIC Jeevan Labh Plan?
The Life Insurance Corporation of India introduced the Jeevan Labh policy in 2020, with a minimum investment amount of Rs 2 lakh. There’s no maximum limit set by LIC for investment. Maturity periods for this policy are 16, 21, and 25 years. Premium payment periods are 10, 15, and 16 years. Policyholders can pay premiums monthly, quarterly, half-yearly, or yearly. The minimum age for purchasing the LIC Jeevan Labh policy is 8 years, with a maximum age limit of 59 years. Individuals aged 59 can opt for a maturity term of 16 years. The policyholder’s age should not exceed 70 years at the time of maturity.
How much to invest under LIC Jeevan Labh Plan
If you invest in LIC’s Jeevan Labh policy at the age of 25 for a 25-year period with a chosen insurance amount of Rs 20 lakh, you’ll receive more than Rs 54 lakh upon maturity. The annual premium for this policy is Rs 92,400, equivalent to a monthly investment of Rs 7,700 and a daily investment of Rs 253. At the policy’s maturity, you can expect to receive Rs 54.50 lakh.
Benefits Of LIC Jeevan Labh 936
- Special Premium: The specialty of LIC Jeevan Labh 936 plan is that it offers limited premium payment, giving customers the opportunity to make premium payments comfortably.
- Death Benefit: If the policy holder dies, his family receives the death benefit, keeping them financially secure.
- Loan Facility: After 3 years of premium payments, customers also avail loan facility.
- Calculator Facility: A calculator is also available for this plan to help customers get the detailed benefits of their investment.
Benefits of Calculator
LIC Jeevan Labh 936 calculator is a user-friendly one that helps customers to easily know the benefits of investing under this plan. Through the calculator, customers can easily understand the amount invested, premium, and death benefit as per their plan.
Features of LIC Jeevan Labh Policy
- LIC’s Jeevan Labh policy offers both profits and protection to customers, catering to individuals aged 8 to 59.
- The policy term ranges from 16 to 25 years, requiring a minimum sum assured of Rs 2 lakh.
- There’s no maximum limit on the insurance amount.
- After three years of premium payment, customers can avail a loan facility.
- In the event of the policyholder’s death, the nominee receives the sum assured, bonus, and enjoys tax exemption on premiums.
- In case of the policyholder’s premature death, the family receives financial support, while surviving policyholders receive a lump sum amount at maturity.
How to Apply for LIC Jeevan Labh Policy 2024?
- To apply for the Jeevan Labh policy https://www.licindia.in/, interested individuals should visit their nearest LIC office and contact the office agent.
- They can obtain the necessary application form to initiate the investment process.
- Carefully fill in all the required information on the form.
- Subsequently, submit the completed application form to the LIC office, along with the required premium amount.
- This straightforward process ensures a seamless application for those looking to invest in the Jeevan Labh policy.
Conclusion
In conclusion, LIC Jeevan Labh 936 stands as a secure and beneficial insurance plan, aligning with customers’ aspirations for a robust future. The inclusion of user-friendly features and a dedicated calculator aids customers in making informed investment decisions based on their needs. With its extended coverage, limited premium payments, and other advantages, LIC Jeevan Labh 936 emerges as a prudent choice, promising financial security and growth. Prospective policyholders can navigate their investment journey confidently, leveraging the plan’s strengths and potential benefits.
FAQ’s
What is LIC Jeevan Labh 936?
LIC Jeevan Labh 936 is a long-term insurance plan offered by Life Insurance Corporation of India, providing both security and returns.
What makes LIC Jeevan Labh 936 different?
This plan offers a combination of insurance coverage and savings benefits, making it attractive for individuals seeking financial protection and growth.
LIC Jeevan Labh 936 involves limited premium payments, allowing policyholders to choose a premium payment term of 10, 15, or 16 years.
Can I calculate the benefits before investing?
Yes, LIC provides a dedicated calculator for Jeevan Labh 936, enabling users to estimate potential benefits based on their chosen parameters.
How can I apply for LIC Jeevan Labh 936?
Interested individuals can apply by visiting their nearest LIC office, consulting with an agent, filling out the required form, and submitting it along with the premium amount.
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