LIC Jeevan Vriddhi Insurance Plan is a single premium plan wherein the risk cover is a multiple of premium chosen by you. On maturity this plan offers a Guaranteed Maturity Sum Assured and Loyalty Addition, if any.
Jeevan Vriddhi combines a risk cover (five times the premium), tax benefits under Sec 80C, guaranteed maturity amount, one time payment, liquidity (loans available after 1 year) and also tax free maturity amount. And not to forget a possible return of 12% over the 10 year term
Key Features of LIC Vriddhi Insurance Plan:
1) This is Single Premium Plan. No need to worry about paying premium every year.
2) Benefit is enjoyed by policy holder for 10 years.
3) In case of death of the Life Insured within the policy tenure, Sum Assured is 5 times the premium paid.
4) On policy Maturity, Guaranteed Maturity sum is assured (approx double the premium paid).
5) Loan Upto 90% of premium paid is available
6) Higher Return of upto 12% over 10 year term
visit here for more details
Jeevan Vriddhi combines a risk cover (five times the premium), tax benefits under Sec 80C, guaranteed maturity amount, one time payment, liquidity (loans available after 1 year) and also tax free maturity amount. And not to forget a possible return of 12% over the 10 year term
Key Features of LIC Vriddhi Insurance Plan:
1) This is Single Premium Plan. No need to worry about paying premium every year.
2) Benefit is enjoyed by policy holder for 10 years.
3) In case of death of the Life Insured within the policy tenure, Sum Assured is 5 times the premium paid.
4) On policy Maturity, Guaranteed Maturity sum is assured (approx double the premium paid).
5) Loan Upto 90% of premium paid is available
6) Higher Return of upto 12% over 10 year term
visit here for more details
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