Last Updated:
Amidst an uncertain future, the LIC Jeevan Labh helps safeguard your finances and investment through a multi-benefit life insurance coverage plan.
LIC offers investors Jeevan Labh policy for a safe and secure life coverage plan. (Representative Image)
The Life Insurance Corporation of India is known for providing investors with trusted returns on its policies and life insurance schemes. LIC’s Jeevan Labh is another safe and sound life cover scheme that provides attractive returns on fixed investments. Individuals planning to buy a sufficient life insurance plan can opt for LIC’s Jeevan Labh and avail of multiple benefits.
LIC’s Jeevan Labh scheme offers savings of up to Rs 7,572 a month, resulting in a maturity sum of Rs 54 lakhs for investors, a significant sum that can provide you with financial security to meet your future needs and reduce your overall concerns. The scheme also ensures transparency and integrity in case of the untimely demise of the insured. The maturity amount is paid to the nominee in such a scenario. Individuals can expect a swift transaction model with zero fraudulent activities involved.
Who Should Invest In LIC Jeevan Labh
LIC’s Jeevan Labh insurance scheme is available for individuals between the ages of 8 and 59 years. Investors get the flexibility to choose from durations of 10, 13, or 16 years for their life coverage plans. An individual aged 59 can opt for a 16-year term insurance plan. The LIC Jeevan Labh provides benefits of a life cover investment policy to different age groups, including a final additional bonus on top of the reversionary bonus upon maturity to policyholders. With its high incentives, the LIC Jeevan Labh becomes a highly attractive option for investors.
Those seeking coverage for their families in case of their untimely demise can make sure their loved ones live a stress-free life even after their death. Apart from the death benefit, LIC’s Jeevan Labh’s massive financial security boost also helps you ease through your post-working days. Those nearing the end of their professional career and preparing for retirement should consider the policy.
The minimum sum assured in the policy is Rs 2,00,000, which makes it accessible for different investors, especially those eyeing no immediate liquidity and people who prioritise the safety of their principal investment. LIC Jeevan Labh gives a sense of relief and confidence to the insured amidst an uncertain future.
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More
- Location :
Delhi, India, India
- First Published:
