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What is the best LIC policy for good returns?
Top 6 LIC Plans In India 2020
| LIC Plans | Type of Plan | Policy Term (in years) |
|---|---|---|
| LIC Tech Term Plan | Pure Term Insurance plan | 10 – 40 |
| LIC New Children’s money-back Plan | Traditional money-back Child Plan | 25 years – Age at Entry |
| LIC New Jeevan Anand | Endowment Plan | 15 – 35 |
| LIC Jeevan Umang | Whole Life + Endowment Plan | 100 – Age at Entr |
What is the rate of return in LIC policy?
The average return on investment for LIC over a period of ten years between 2005-2006 and 2014-2015 has been 6.7\%. The average return on a ten-year bond has been 7.9\%. The difference between the two returns is 120 basis points.
How can I get 10000 Pension monthly?
If you are planning to invest in a safe place to keep your retirement secure, then you can put money in the Government’s Atal Pension Scheme. In this scheme, both husband and wife can open separate accounts and get a pension of Rs 10,000 every month. The Atal Pension Scheme was launched in 2015.
What is the maturity amount of Jeevan Saral?
There is no minimum age at maturity but the maximum age is 70 years. The monthly premium for the age group of 12 years to 49 years is Rs. 250/-, for the age group of 50 years to 60 years is Rs. 400/-….LIC Jeevan Saral – Eligibility Criteria.
| Minimum | Maximum | |
|---|---|---|
| Age at Maturity (last birthday) | – | 70 years |
Why Jeevan Saral is closed?
The spotlight is back on endowment plans. Life Insurance Corporation of India’s (LIC) Jeevan Saral, withdrawn in 2014, was in the news recently after a PIL was filed in the Supreme Court , alleging that LIC had mis-sold the product by misleading policyholders.
Which is the best LIC policy with highest return?
LIC Plans with Highest Return LIC offers a wide range of life insurance policies designed to provide higher returns. The following plans by LIC provide you with the maximum benefits – Jeevan Amar, New Children’s Money Back Plan, New Endowment Plan, New Money Back Plan- 20 years, and New Jeevan Anand Plan.
What are the best LIC short term investment plans in 2021?
Short Term Investment Plans are one of the best LIC policies for individuals seeking to maximize their money within a short period. The Life Insurance Corporation of India (LIC) Short Term Investment Plans is a great option in 2021 because of the current situation the world is going through.
What are the benefits of LIC Life insurance policy?
LIC offers a wide range of life insurance policies designed to provide higher returns. The following plans by LIC provide you with the maximum benefits – Jeevan Akshay VI, New Children’s Money Back Plan, New Endowment Plan, New Money Back Plan- 20 years.
What are the salient features of LIC money back 25 years policy?
The following are some of the salient features offered by the policy. The Money Back 25 years LIC plan offers a settlement option to receive the maturity benefit, which means that the insured can receive the maturity benefits in installments over the chosen period of 5 years, 10 years, or 15 years.