LIC Policy Scheme: The good news has come out for the users of LIC Policy. This insurance policy keeps on offering great plans from time to time to the customers. You can secure the future of your family by investing in this scheme. One such special scheme of LIC is Jeevan Umang Policy, in which you can earn good profit by investing. If you want to earn good profit on very low investment, then let’s know about this special scheme.

What is Plan: LIC Policy Scheme

This scheme of LIC is very different in the case of other schemes. This policy can be taken by people from 90 days to 55 years of age. This scheme gives a lump sum amount along with the guarantee. On completion of maturity, your account will get the fixed amount. If the policy taker dies in the middle, then this amount will be given to the nominee. It also comes with 100 years of coverage.

LIC Policy Scheme : An amount of 36 thousand rupees will be received Yearly

At the same time, if you pay a premium of Rs 1350 in this policy, it is Rs 16,200 in a year, and if you take the policy for 30 years, then it becomes Rs 4 lakh 86 thousand. The company gives a return of Rs 36,000 every year on the investment made by you.

Benefits and other information LIC Jeevan Umang Policy

Section 80C of the Income Tax Act allows the policyholder to claim deduction. The Basic Sum Assured under LIC’s Jeevan Umang Policy is Rs 2 lakh.

If the policyholder dies before the age of 100 years, the nominee will receive a lump sum payment, which they can take in instalments if they wish.

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