Categories: Business News

LIC Introduces New Insurance Policy Know What Are The Benefits

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LIC New Policy: Life Insurance Corporation has announced another policy plan. LIC has named this highly anticipated new product as LIC’s Dhan Vrti. This is a non-linked, non-partner personal savings plan. LIC hopes that this plan can bring about a big change.

Dhan Vriddhi Yojana of Life Insurance Corporation of India aims to meet the insurance needs of the local market. Along with this, the insurance holder has to provide financial security as well. Under this scheme, people will get comprehensive life insurance, which has security, growth and financial stability. This insurance scheme launched under the Life Insurance Corporation of India will take care of the needs of the policy holder.

This scheme will fulfill all the requirements

This insurance plan was launched on 23 June 2023. LIC has said that it is strengthening the rules to meet the growing needs of its customers. This scheme will fulfill all the requirements of the insurance holder and also remove the problems of the customers.

Features of LIC Wealth Growth Plan

This policy is a single-premium life insurance policy, which offers a combination of savings and protection during the policy term. According to the Life Insurance of India website, this policy is worth Rs. 1,000 per Sum Assured Rs. Offers an additional guarantee of up to 75 The policyholder will be eligible for tax exemption under Section 80-C. This means that policyholders who purchase this policy can get a discount of up to 1.5 lakh rupees. The policyholder can surrender at any time during the policy term.

LIC introduces new policies from time to time

Life Insurance Corporation of India is a leading insurance company in India, which has launched insurance policies for every category. It has insurance plans for children to senior citizens. The company has also introduced plans for marriage of girls. LIC comes up with new policies from time to time depending on the market and people’s needs.

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