Start Investing in Small Amounts at Different Stages and Get Lump sum Amount on Maturity for Child's Basic Education, Higher Education, Marriage and Other Needs.
Some of the Salient Features of the LIC Jeevan Labh Plan:
- The plan offers the option of limited premium payment.
- This plan is available for a policy term of 16, 21, and 25 years making goal-based investment easier for investors.
- This non-linked, with profit plan, ensures both comprehensive protection plus assured returns for the investors in the form of death and maturity benefits.
- Policyholders can avail loan facilities on this plan, after paying a regular premium for three years.
- Tax benefits can be availed under Section 80C and 10(10D) of the Income Tax Act.
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