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LIC brought Dhan Rekha Plan for customers, know its specialty and how much money will be available on maturity?

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LIC Policy Status: Many schemes are run by LIC for the customers. Today Life Insurance Corporation has brought another special policy for its customers. It is a non-linked non-participating personal savings life insurance policy. According to LIC, special premium rates have been kept for special women in this policy. Apart from this, there is also a provision for third gender in this new policy of LIC.

Minimum amount is Rs 2 lakh
In the statement issued by LIC, it has been informed that the name of this policy is ‘Dhan Rekha’. LIC Dhan Rekha Policy has been launched on 13 December 2021. The number of this plan is 863. LIC Dhan Rekha policy is a money back plan. In this, apart from money back, you also get a guaranteed bonus at the end. In this policy, the minimum amount of insurance has been kept at Rs 2 lakh, while there is no limit on the maximum amount.

Who can take the policy
As per the policy terms, it can be taken in the name of the child from 90 days to the age of eight years. Similarly, the maximum age limit is also from 35 years to 55 years.

will get full amount
In this insurance policy, a specified portion of the Basic Sum Assured will be given as ‘Survival’ benefit at regular intervals, provided the policy is in working condition. On maturity of the policy, the policyholder will be given the full Sum Assured without deducting the amount already received. Under this scheme, a minimum sum insured of Rs 2 lakh can be kept while there is no limit on the maximum amount.

Plan launched in 3 term
The company has launched this policy with 3 different terms. In this, these three terms are 20 years, 30 years and 40 years. You can select any one term from it. You will have to pay the premium amount under this. If you opt for the term of 20 years, then you will have to pay premium for 10 years. Apart from this, if you choose a term of 30 years, then you will have to pay premium for 15 years. On the other hand, if you choose a term of 40 years, then you will have to pay premium for 20 years. Apart from this, you can also pay a single premium.

What is the provision in case of death?
Let us tell you that if an insured dies during the policy term, then 125 percent of the sum assured along with bonus is given to the nominee. Apart from this, after the completion of maturity, the insured is given 100% money back. Please note that money back is not added to 100%.

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