New Delhi lic policy: LIC is one of the largest companies in the country. LIC keeps offering various types of plans to its customers. After which customers also get good returns and safe investment. Many people are investing money in LIC. If you are making a long term investment plan then LIC cannot be a better option. You can easily choose LIC Umang Policy. This is a kind of endowment plan. By investing in this scheme you can improve yourself and your future.
Who can buy the policy
Whereas in this policy of LIC, investment can be made for 100 years. This plan can be purchased from 90 days to 55 years of age. After the maturity of this policy, a fixed amount comes into the policyholder's account every year. If a policyholder dies, his nominee gets the entire amount together.
People will get tax benefits
You can invest in Jeevan Umang policy for 15 years, 20 years, 25 years, 30 years. If the policyholder dies in an accident or becomes disabled then he is provided a term under Umang policy. Along with this, those investing in this scheme also get tax exemption. Under Section 80C of Income Tax, those investing in Jeevan Umang Policy get tax benefits. If you want to take Jeevan Umang policy, then you will have to take an insurance of at least Rs 2 lakh.
You will get a return of Rs 36 thousand
Whereas if a person is 26 years old and buys Jeevan Umang policy, you get an insurance cover of Rs 4.5 lakh. If you pay premium for 30 years, you will have to pay Rs 1350 monthly. Thus, you have to save Rs 45 every day for this scheme investment.
In this, your annual premium will be Rs 15882 and in 30 years your premium will be Rs 47,6460. Thus, in the 31st year of your investment in LIC, you will get an annual return of Rs 36 thousand. After this, you will continue to get Rs 36 thousand for 100 years.
