lic jeevan azad policy

LIC New Policy: LIC’s new scheme created panic, people are taking it immediately –

LIC New Policy:- Life Insurance Corporation of India LIC is the largest insurance company in India. It is in limelight these days because of its investment in Adani. However, the amount invested by this insurance company in Adani is not even 1% of its value. This is the reason why customers still have faith in LIC.

LIC has recently launched a policy and it is in the market life is free The policy is getting great response. LIC has sold over 50,000 Jeevan Azad policies in just 15 days of its launch. This information was given by LIC Chairman MR Kumar during the virtual press meet. This plan is a non-participating insurance plan, which was launched by LIC in January 2023. In LIC, you get to see plans for people of all ages. Lakhs of people of the country have invested in many schemes of LIC.

Guaranteed Return (LIC New Policy)

The premium paying term in Jeevan Azad plan is 8 years. Suppose if an investor opts for a policy term of 18 years, then the individual will have to pay premiums for 10 years (10+8) only. The policy guarantees to pay a lump sum on maturity. The minimum sum insured in this policy is ₹ 2 lakh and the maximum sum insured is ₹ 5 lakh. This policy can be taken for 15 to 20 years.

Who can take this policy?

Suppose a 30-year-old man takes Jeevan Azad plan for 18 years, and deposits ₹12038 for 10 years for a premium of 2 lakhs. If a policy holder dies, the nominee will be paid 7 times the basic premium chosen at the time of taking the policy. However, the condition is that the total premiums paid till the date of death should not be less than 105%. Children from 90 days old to 50 years old can invest in this. Policyholders get guaranteed returns on maturity of the policy.

lic profit

Mr. Kumar said that LIC is now focusing on guarantee schemes like non-participating insurance, so that they can offer higher margin to the policyholders. During the press meet, he said that the net profit of LIC for the quarter ending December 30, 2022 Has happened. increase. LIC has registered a huge increase in profit of Rs 6,334 crore in the December quarter. On the other hand, if we talk about the period of last year, then it was Rs 235 crore. LIC’s net premium income has increased to Rs 1.1 lakh crore in 2023 as compared to 2022.

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