If you are looking for a safe investment plan that gives long-term benefits with better returns,then LIC’s Jeevan Umang policy can be a great option for you. This policy not only provides lifetime cover but also provides attractive returns from time to time.
Increasing need for savings and investment
In today’s era,people consider many schemes for savings and investment. The government also brings many types of schemes,but the schemes of the Life Insurance Corporation of India (LIC) are considered to be the most reliable and beneficial. Jeevan Umang Policy is one such scheme,in which you get long-term and great returns on investing.
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Benefits of Jeevan Umang Policy
LIC’s Jeevan Umang Policy is considered to be the highest return giving policy. By investing just ₹ 1,300 per month in it,funds of up to ₹ 27.60 lakh can be raised. This policy provides life cover up to 100 years,which keeps your future completely safe.
Who can invest
- In this policy,children from 3 years to 55 years can invest.
- It is mandatory to take a minimum insurance cover of ₹ 2 lakh.
- The premium payment period is 15,20,25,and 30 years.
How to get big returns
If you choose a 30-year plan and pay a premium of ₹ 1,302 every month,then your annual contribution will be ₹ 15,298. In 30 years,you will deposit a total of ₹ 4.58 lakh.
On this,you will get a fixed return of ₹ 40,000 every year. That is,between the age of 30 and 100 years,you can get up to ₹ 27.5 lakh.
How to invest
You can invest in this policy online or through an LIC agent. The application process is very easy and you can do it at your convenience.
Other Beneficial LIC Policies
If you are considering other options,LIC’s Jeevan Anand Policy and Jeevan Shanti Policy also offer great returns. It is always beneficial to compare different plans before investing,so that you get the best option as per your need.
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