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LIC Dhan Vriddhi plan provides financial support for the family in case of unfortunate death of the life assured during the policy term. It also provides a guaranteed lump sum amount on the date of maturity to the life assured.
Regular bonus of 2.5% (net of tax in the hands of the policyholders) on core products
A fixed % of the Single Premium amount paid gets added to the Policy Unit Fund after completion of a specific number of year
LIC of India launched a new product LIC’s Amritbaal at the hands of Dr. Vivek Joshi, Secretary, Financial Services, Ministry of Finance, GOI.
Mumbai: The Life Insurance Corporation launched a new product LIC’s Amritbaal on Saturday. The new offering was launched by Financial Services Secretary Dr. Vivek Joshi.