In today's time, investing in better schemes and plans gives many benefits in future. In such a situation, the Life Insurance Corporation of India starts different schemes and plans from time to time for every section of the country.
You can invest in these schemes and plans according to your need. Today we will tell you about such a plan of LIC in which you will get both savings and financial security. By investing in it, you can get a return of up to 10 times.
What is Dhan Varsha's Plan?
Dhan Varsha Plan is a policy launched by LIC. This is a savings and single premium insurance scheme, as well as it is non-participating and you get the benefit of both savings and coverage in it. The special thing about this scheme is that you will not have the tension of depositing premiums again and again.
For this, you will not have to deposit the premium only once. By investing in the Dhan Varsha plan, you get a risk cover of up to 10 times. Let us tell you that on the death of the policyholder before the maturity of the policy, you are also given the benefit of the death benefit.
You will also get two options in this. In one option, you get a return of up to 1.25 times. On the other hand, according to the second option, you will get a return of 10 times i.e. 1 crore.
How much amount will benefit?
Before investing in this plan, know that if you invest in this scheme at the age of 30 years, then by paying a one-time premium of Rs 8.86 lakh, you can get Rs 21.25 lakh after 15 lakh.
On the other hand, if you take a policy for 15 years, then the minimum age to buy it is 3 years and if you take this plan for 10 years, then the minimum age to buy it is 8 years. Let us tell you that the maximum age for taking a 15-year policy with 10 times return is 35 years in this plan. You can also avail of the facility of a loan on this policy at a low-interest rate.
image credit- freepik
DISCLAIMER
Your skin and body are as different as you are. We endeavour to bring you correct, safe and expert-verified information through our articles and social media handles, but still, you must consult your doctor before trying any home remedy, hack or fitness tip.
