LIC, the country's oldest insurance company, has always taken some new schemes and plans for the customers of Life Insurance Corporation, so that every citizen of the country can get more information in less time. For the sake of your information, at the moment, LIC has released another best plan by strengthening the trust of all its customers, which is being said to be very beneficial for all those who do not work in a large firm. And their salaries are not so good. Actually, according to this plan, you make very small investments every day, in exchange for which you get a lot of benefits.
Plan as well as all the information related to it which is very important for almost everyone. Firstly, let's talk about LIC's plan, which is a micro insurance plan and its name is "Micro Savings". Let's say that this regular premium plan has many new features. Under this insurance cover, it provides financial help to your family on any type of accidental death or accident.
This micro savings plan of LIC has a minimum Basic Sum Assured of Rs 50,000 and maximum Basic Sum Assured is up to Rs 2,00,000. Let's say here Sum Assured means the sum insured. The term of this policy will be 10 to 15 years and you can also deposit it earli, half yearly, quarterly or monthly.
What is micro savings plan
Talk about Micro Savings Plan, let's tell you that if a consumer whose age is 35, then he will have an annual premium of Rs 52.20 for 15 years. Similarly, if it takes Rs.2,00,000, then 52.20 × 100 × 2 = 10, 400 rupees will be deposited annually and 28 rupees per day and 864 rupees for the month will be deposited, here is the point to consider. It is a Dependency that the Dependency of the premium is getting your age and you are getting a plan.
Will Loyalty Addison
If the person dies during the policy term then he will be paid by these means -
In the first 5 years, the amount received will be payable on death, on completion of 5 years of policy term and death of one day before maturity date, with Death amount plus Loyalty Edition
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