LIC Policy: Invest Rs 262 per day to get Rs 20 lakh, check calculation
Zee News
LIC Jeevan Labh is an endowment policy and offers the option of saving along with the insurance cover.
New Delhi: Life Insurance Corporation (LIC) of India offers various safe schemes to policyholders across the country. The insurer’s schemes are preferred by investors planning to secure their future, especially their retirement or child/children’s marriage. One such popular LIC scheme is LIC Jeevan Labh Policy.
LIC Jeevan Labh is an endowment policy and offers the option of saving along with the insurance cover. The non-linked, participating, individual, life assurance savings plan was launched by LIC on February 1, 2020, according to a report by DNA.
In case of the unfortunate, the family members of the policyholders receive financial support from the insurer. In such a case, a sum assured is provided to the nominee under the insurance policy.