Crores of people in the country have Aadhaar cards. You have a chance to earn using your Aadhaar card. Life Insurance Corporation of India (LIC) is giving you this opportunity. Investing in Small Savings Scheme Apart from selling insurance, LIC also operates small savings schemes. Crores of people in the country have Aadhaar cards. You have a chance to earn using your Aadhaar card. Life Insurance Corporation of India (LIC) is giving you this opportunity.
Investment to be made in small savings scheme
Besides selling insurance, LIC also operates small savings schemes. However, the plan we are talking about is only for men. LIC has launched the Aadhaar Pillar (Plan 843). After maturity, you will earn up to about four lakh rupees.
You will get two types of benefits
Talking to Zee Business, SEBI Registered Tax and Investment Expert Jitendra Solanki stated that "LIC Aadhaar Pillar is a kind of insurance policy that offers benefits like savings as well as security. Only men can take this plan and It is important to have an Aadhaar card. There are many advantages to investing in this scheme.
This is all the details of the plan
A person from 8 years to 55 years can invest in this scheme. At the time of maturity, the person's age should not be more than 70 years. There is a basic sum assured of at least 75 thousand rupees in this policy. At the same time, the maximum basic sum assured is three lakh rupees. The basic sum assured is found in a coefficient of five thousand rupees. This policy is available for 10 to 20 years. Risk coverage starts from the date of issue of the policy.
Plan duration: 20 years
Sum Assured: Three Lakh Rupees
Loyalty Addition: Rs 97500 (4.5% per annum as per annual return)
Nominee will get benefit on death of policy holder
Solanki told that if the policyholder dies during the policy period, then his nominee will get all the benefits which are found in other policies. This is so that the family does not face any kind of problem in future.
Maturity calculator
Annual premium: Rs 10,314 (this amount can be paid yearly, monthly, half-yearly, quarterly or daily)
Investment to be made in small savings scheme
Besides selling insurance, LIC also operates small savings schemes. However, the plan we are talking about is only for men. LIC has launched the Aadhaar Pillar (Plan 843). After maturity, you will earn up to about four lakh rupees.
You will get two types of benefits
Talking to Zee Business, SEBI Registered Tax and Investment Expert Jitendra Solanki stated that "LIC Aadhaar Pillar is a kind of insurance policy that offers benefits like savings as well as security. Only men can take this plan and It is important to have an Aadhaar card. There are many advantages to investing in this scheme.
This is all the details of the plan
A person from 8 years to 55 years can invest in this scheme. At the time of maturity, the person's age should not be more than 70 years. There is a basic sum assured of at least 75 thousand rupees in this policy. At the same time, the maximum basic sum assured is three lakh rupees. The basic sum assured is found in a coefficient of five thousand rupees. This policy is available for 10 to 20 years. Risk coverage starts from the date of issue of the policy.
Plan duration: 20 years
Sum Assured: Three Lakh Rupees
Loyalty Addition: Rs 97500 (4.5% per annum as per annual return)
Nominee will get benefit on death of policy holder
Solanki told that if the policyholder dies during the policy period, then his nominee will get all the benefits which are found in other policies. This is so that the family does not face any kind of problem in future.
Maturity calculator
Annual premium: Rs 10,314 (this amount can be paid yearly, monthly, half-yearly, quarterly or daily)
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