Investment Opportunity: LIC’s ‘Jeevan Labh’ Plan for Lifetime Financial Security
Many people seek an investment that is safe, reliable, and helps build a substantial financial corpus over time. If you are looking for a solution that ensures both security and financial support during emergencies, LIC’s ‘Jeevan Labh’ policy is designed to meet these needs.
The plan provides a sum assured on death to the nominee, ensuring the family is financially protected.2. Maturity Benefit:
On surviving the policy term, the policyholder receives maturity proceeds, which include the sum assured plus bonuses, creating a substantial corpus.3. Bonuses and Growth:
The plan is a participating policy, meaning policyholders earn bonuses declared by lic, enhancing the overall returns over time.4. Tax Benefits:
Premiums paid and benefits received under this plan are eligible for tax deductions under relevant sections of the Income Tax Act (subject to prevailing laws).5. Peace of Mind:
With LIC’s long-standing trust and credibility, policyholders enjoy the confidence of financial security throughout their lives.
What Is LIC’s jeevan Labh Policy?
‘Jeevan Labh’ is a non-linked, with-profits insurance plan offered by LIC. It combines the benefits of life insurance protection with regular savings, providing a reliable and worry-free way to grow your wealth gradually.Key Benefits of the jeevan Labh Plan
1. Financial Security:The plan provides a sum assured on death to the nominee, ensuring the family is financially protected.2. Maturity Benefit:
On surviving the policy term, the policyholder receives maturity proceeds, which include the sum assured plus bonuses, creating a substantial corpus.3. Bonuses and Growth:
The plan is a participating policy, meaning policyholders earn bonuses declared by lic, enhancing the overall returns over time.4. Tax Benefits:
Premiums paid and benefits received under this plan are eligible for tax deductions under relevant sections of the Income Tax Act (subject to prevailing laws).5. Peace of Mind:
With LIC’s long-standing trust and credibility, policyholders enjoy the confidence of financial security throughout their lives.