Life Insurance Corporation of India (LIC) is renowned as a trusted organization for investment and insurance policies. Jeevan Labh Policy is preferred by many for its attractive returns on fixed investments. This scheme not only offers safety but also provides valuable benefits to the customers. If you’re considering buying a life insurance policy, then this may be the best choice for you. 

LIC’s Jeevan Labh Plan

Through LIC’s Jeevan Labh Plan, you can save Rs 7572 each month, resulting in the maturity sum of Rs 54 lakh. This is a significant amount that can address all your financial concerns and worries. 

In the event of policyholder’s untimely demise, LIC’s scheme ensures transparency and integrity. You can expect a smooth transaction with no room for fraudulent activities. The maturity amount is paid to the nominee, providing financial security during difficult times. 

 

Who can get the benefits?

LIC’s Jeevan Labh Policy is open for people aged between 8 to 59 years. This investment policy provides the flexibility to choose from different durations of 10, 13, or 16 years. A 59-year-old person can opt for a 16-year policy term. Thus, the policy aims to provide a wide range of investment opportunities for different age groups.

Moreover, the policyholders also receive a final additional bonus in addition to the reversionary bonus upon maturity. Therefore, this incentive makes this policy even more lucrative. 

Why should you invest in life insurance policies?

Life insurance provides financial security to your loved ones in the event of your untimely demise. These policies ensure that your family is financially protected in the challenging circumstances. Furthermore, it gives a sense of relief, knowing that your family will be taken care of financially, regardless of what the future holds.