LIC Special Scheme: From young people to the elderly, Life Insurance Corporation of India (LIC) provides a variety of policies to meet their needs. The LIC New Jeevan Anand (915), which guarantees security and significant profits, is one such insurance. The capacity of this insurance to assist policyholders in building a sizeable fund with just a small daily savings makes it stand out.
LIC New Jeevan Anand (915)
When looking for a low-cost insurance that offers significant returns, the LIC New Jeevan Anand (915) policy is a wise option. The plan offers several maturity benefits within a single scheme in addition to ensuring financial security.
How to Achieve ₹1.22 Crore by Saving Modestly
The LIC New Jeevan Anand (915) policy allows you to invest ₹6,075 each month, which after 35 years would provide a total maturity amount of almost ₹1.22 crore. This is how the scheme operates:
Premium Payment Structure:
- First Year Premium (GST @4.5%):
- Yearly: ₹71,274
- Half Yearly: ₹36,041
- Quarterly: ₹18,223
- Monthly: ₹6,075
- Second Year Onwards Premium (GST @2.25%):
- Yearly: ₹69,740
- Half Yearly: ₹35,265
- Quarterly: ₹17,830
- Monthly: ₹5,944
Maturity Details:
- Total Paid Premium: ₹24,42,421
- Basic Sum Assured: ₹25,00,000
- Bonus (Approx): ₹39,37,500
- Final Additional Bonus (FAB) (Approx): ₹57,50,000
- Total Maturity Amount: ₹1,21,87,500
Additional Benefits of LIC New Jeevan Anand (915)
In addition to the maturity advantages, LIC New Jeevan Anand (915) offers a number of extra riders that raise the total value of the policy:
- Accidental Death and Disability Rider: Provides coverage in case of accidental death or disability.
- Accident Benefit Rider: Offers an additional sum assured in case of death due to an accident.
- New Term Insurance Rider: Extends term insurance benefits.
- New Critical Benefit Rider: Covers critical illnesses.
For more details, please visit nearest LIC branch or official website of LIC.
Disclaimer: (This information is provided solely for informational purposes. It is important to note that investing in the market or a business idea involves market risks. Before investing money as an investor/ owner/ partner, always consult an expert. DNP News Network Private Limited never advises to invest money on stocks or any specific business idea. We will not be liable for any financial losses.)
Keep watching our YouTube Channel ‘DNP INDIA’. Also, please subscribe and follow us on FACEBOOK, INSTAGRAM, and TWITTER