LIC’s new ‘Dhan Vridhi’ policy launched, will get guaranteed returnsImage Credit source: File Photo
The country’s largest insurance company LIC has launched its new policy ‘Dhan Vridhi’. In this new policy, the insured will get guaranteed returns along with insurance cover. This will be a single premium life insurance plan which will be non-linked, non-participating and for individuals.
LIC’s ‘Dhan Vriddhi’ policy has been launched on 23 June 2023. The company has currently fixed 30 September 2023 as the last date for purchasing this policy. Here you will get every detail of the policy…
Features of LIC Dhan Vridhi Plan
In this policy of LIC, people will get the benefit of a guaranteed return along with insurance cover. While the family members of the policy holders will get financial assistance on the occasion of his death, a guaranteed return will also be available on maturity of the policy.
Customers of this policy will get two options, in which 1.25 times return can be obtained in the first situation and 10 times in the second situation, in case of death of the person. However, the premium will be different for both the situations.
The policy will mature in this number of days
The maturity period in LIC ‘Dhan Vriddhi’ policy will be 10, 15 and 18 years. To become a customer of this policy, your minimum age should be 90 days, that means the policy can be bought in the name of children also.
(This news is being updated)