LIC Jeevan Saral policy: It is one of the most popular policies of Life Insurance Corporation of India (LIC). It provides both protection and savings to the policy holders. It gives you wide range of benefits that fulfil the financial requirements of individuals and families. The death benefit is equal to the sum assured plus any reversionary or terminal bonuses. This ensures that the policyholder’s family is financially secure even if the policyholder is not present.
Sometimes we are so much indulged in our present happenings that we forgot to plan and save for our future or old age. We completely forgot that after humdrums a day will come when no one is with us to financially support us either son, daughter, friends and etc. We must have to be aware for our future safety and should invest in different plans. Here LIC brings Jeevan Saral policy which you can buy in the age of 40 and even after that. It justifies its name as it makes your life easy. Details are as follows
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You can receive a fixed income from a LIC Jeevan Saral Policy. The LIC Jeevan Saral plan also allows you to get quarterly, semi-annually, and annual pensions. There are other ways to pay as well.
This plan is open to all Indian citizens between the ages of 40 and 80. This policy was created in accordance with IRDA guidelines.
The LICIndia.in website is where you may purchase this policy. It can, however, also be purchased offline. The pension is available on a monthly, quarterly, half-yearly, or annual basis.
A person who invests Rs. 10 lakh in this policy will receive a Rs. 52,000 annual pension. A pension of up to Rs. 12000 per month is available to anyone.
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Individuals looking for a combination of protection and savings should consider the LIC Jeevan Saral plan. It is ideal for people looking for a long-term investment with the added benefit of life insurance.
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