Tuesday, 31 January 2017

Jeevan Lakshya example



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In above shown example person ABC took jeevan lakshya policy whose age is 28. he took policy for 25 years (i.e till age 53)

At age 28 : He will pay yearly premium of rupees 21459. In that year he will get income tax benefit max of rupees 6391. 
If any thing unfortunately happens to him by nature then his family is eligible to get 25.87lak rupees. No need to pay further premiums. 
If anything unfortunately happens to him by accident then his family eligible to get 30.87lak rupees.No need to pay further premium.

This policy will help a persons family in his absence.

Same way chart explains till age 53. If person survive at age 53 then the return from LIC will be 13.37lak rupees.

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