Life Insurance Corporation of India (LIC) periodically introduces the best and beneficial schemes for its customers. LIC’s life base rock scheme is a scheme designed especially for women. In this scheme, women can get large funds from small investment. Here we will give you complete information about this scheme, in which you can get a fund of up to 6 lakh rupees by depositing only 50 rupees daily.
What is LIC’s life base rock scheme?
LIC’s Aadhaar rock scheme is a life insurance scheme, which is particularly available for women. Under this scheme, women can convert their small savings into a large fund. In this scheme, premium can be deposited daily, monthly or quarterly basis. The policyholder receives a good amount after a certain period. In addition, if the policyholder dies, his family also gets financial assistance.
Specialty of scheme
The specialty of LIC’s life base Shila Scheme is that investment can be started from the age of 8 years and it can be taken advantage of for a maximum of 55 years. This is a long -term investment option, in which you can invest for a period of 10 years or 20 years. Under this, the insurance amount ranges from 2 lakh to 5 lakh rupees. In addition, the policyholder also gets loan facility after 3 years of submission of premiums of the policy.
How to get 6.5 lakh rupees on maturity?
Suppose a woman invests in the life base rock scheme for 20 years at the age of 21, then she will have to pay a premium of Rs 18,976 annually. In this way, in 20 years this premium amount becomes 3 lakh 80 thousand rupees. At the time of maturity, the policyholder will get about 6 lakh 62 thousand rupees, which will include an insurance of Rs 5 lakh and Rs 1.62 lakh.
This calculation is for a 21 -year -old woman. If another age woman invests in this scheme, then the amount of premium and maturity amount may change. Especially if an 8 -year -old girl invests in this scheme, the premium amount will be low, as the premium is low for young investors.
Loan facility for policyholder
Another important advantage of this scheme is that policy holders can take loans against this policy 3 years after submitting the first premium. This loan can make you a good financial support for the needs of that time. This is especially beneficial for women who want to invest to improve their family’s financial condition.
Maturity money in installments every year
Under this scheme, the policyholder gets a lump sum amount at the time of maturity, but if he wants, he can also take this amount in installments every year. This facility offers the policyholder flexible according to his financial needs, so that they can use their policy money according to their needs.
conclusion
LIC’s life base rock scheme is a great investment option for women. In this scheme, a large fund can be prepared from small investment, and in addition, insurance amount and loan facility are also available. Women can convert their small savings into a good insurance policy, which will have a strong financial support in the future.
If you are also considering investing in this scheme, get complete information by contacting LIC office and strengthening your financial security. By taking advantage of the Aadhaar Shila Scheme, you can not only ensure a better future for yourself, but if something is unexpected then your family can also get financial assistance.
