LIC brought ‘Dhan Vriddhi’ plan, you can apply till September 30

Lic Policy: From time to time, LIC comes out with various new schemes for the customers, in which you get better returns as well as future guarantees. Today LIC has come up with another new scheme for the customers. In this scheme you can apply from 23 June 2023 to 30 September 2023 only. After 30th September this policy will stop and you will not be able to avail it. Let us tell you the name of this policy and its features-

Can avail from June 23

Public sector insurance company LIC on Friday introduced a new fixed term insurance plan ‘Dhan Vriddhi’. Life Insurance Corporation of India (LIC) said in a statement that the sale of this insurance plan has started from June 23. According to LIC, Dhan Vriddhi is a non-linked, non-participatory, individual, savings and single premium life plan that offers a combination of protection and savings.

The family will get full money on death
Let us tell you that if the holder dies during the policy, then this plan provides financial assistance to his family members. Along with this, it also has a provision to pay a guaranteed amount on maturity.

For how many years can I take the policy?
The scheme is available for tenors of 10, 15 and 18 years. It offers a minimum principal sum of Rs 1.25 lakh which can be increased in multiples of Rs 5,000.

The benefit of tax exemption will be available
Let us tell you that the maximum age to join this plan is from 32 to 60 years depending on tenure and option. Investors of this plan can surrender it at any time and can also avail tax deduction of up to Rs 1.5 lakh under Section 80C.

Single premium policy
This policy is a life insurance single premium policy. This policy offers a combination of savings and protection during the term. According to the Life Insurance of India website, the policy offers an additional guarantee of up to Rs 75 on a sum assured of Rs 1,000.

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