LIC’s New Endowment Scheme 2023: Get Rs 48.5 lakh on an investment of Rs 2130 per month in this scheme, know.
LIC’s New Endowment Scheme 2023: Are you also looking for a way to secure the future! Look no further than the new premium endowment plan (LIC New Endowment Plan) offered by the Life Insurance Corporation of India! This innovative scheme allows you to invest as low as Rs.71 per day or Rs.2120 per month and receive a corpus of Rs.48.5 lakhs on maturity!
This LIC (Life Insurance Corporation Of India) plan offers the possibility of substantial returns on your investment apart from regular payouts throughout the policy term and lump sum payouts at the end of the term! You can use the cash from this New Premium Endowment Plan (LIC New Endowment Plan) to settle unpaid loans, fund your child’s education, or meet your family’s long-term needs!
LIC’s New Endowment Scheme 2023
But the benefits go far beyond that! LIC (Life Insurance Corporation of India) plan also includes life insurance protection! Therefore, in the event of your death, your family will be financially secure. And because tax benefits are involved! The overall cost of the New Premium Endowment Plan (LIC New Endowment Plan) has come down further!
Investing in this LIC (Life Insurance Corporation of India) scheme is easy! Visit your nearest LIC branch to speak to a representative! They will provide you with all the information you need and help you decide whether this New Premium Endowment Plan is the best option for you and your family! From there, you can choose your investment amount and start putting money away each month to grow your portfolio!
LIC New Endowment Plan
People must meet specific needs. Which includes minimum age requirement of 8 years, maximum age requirement of 55 years, and LIC (Life Insurance Corporation Of India) policy term requirement of 12 to 35 years to be eligible for LIC New Premium Endowment Plan Can! The minimum sum assured of the plan is Rs. 1 lakh, and there is no maximum (Investment should be made in multiples of Rs. 5,000!
Life Insurance Corporation Of India
For example, a person who buys an endowment plan (LIC New Endowment Plan) at the age of 18 and chooses a term of 35 years, will have to pay an annual premium of Rs. 26,534 for a total assurance of Rs. 10 lakhs! In the second year, there will be a reduction of Rs 25,962 in this premium. This is equivalent to a daily investment of only Rs 71 or a LIC (Life Insurance Corporation of India) monthly investment of Rs 2130!
