Bima Ratna Plan: Life Insurance Corporation of India, the country’s largest insurance provider, launches different policies for its policyholders. Various types of benefits are given in these policies. One of these policies of LIC is LIC Bima Ratna policy. Under LIC’s Bima Ratna Policy (LIC Bima Ratna Policy), policyholders get 3 types of benefits. These plans not only offer guaranteed returns but also provide benefits like death benefit and refund benefit.
Bima Ratna Plan
Bima Ratna Plan
The policy of Life Insurance Corporation of India is of long term, but it gives many other benefits along with guaranteed returns. If you are also looking for a similar plan of LIC, then LIC’s Bima Ratna Policy can be a better option for you. In this LIC policy, you get guaranteed bonus, money back and death benefits ie three benefits together. Know here the details related to this plan.
What are the 3 advantages: Life Insurance Corporation of India
Under LIC’s Bima Ratna Policy (LIC Bima Ratna Policy), policyholders get 3 types of benefits. It offers benefits like moneyback, guaranteed bonus and death benefits. In such a situation, to take advantage of these three facilities, you can invest in this LIC policy. For more information about this plan of LIC (Life Insurance Corporation of India), you can visit its official website.
LIC Bima Ratna Policy : Moneyback Benefit
Life Insurance Corporation of India’s Bima Ratna policy offers premium options of 15 years, 20 years and 25 years. You can choose the premium as per your wish. In this LIC Bima Ratna Policy (LIC Bima Ratna Policy), you will have to pay less premium for 4 years than the premium you have chosen. Meanwhile, you are paid 25-25 percent of the Basic Sum Assured as moneyback. LIC Policy (LIC Policy) 13th and 14th year in 15-year plan, 18th and 19th year in 20-year plan and 23rd and 24th year in 25-year plan.
Guaranteed Bonus
Under this LIC Bima Ratna Policy (LIC Bima Ratna Policy), it is mandatory for you to insure a sum insured of at least Rs 5 lakh. In this LIC (Life Insurance Corporation of India) plan, 50 percent of the total Sum Assured and Guaranteed Addition is available on maturity. Along with this, guaranteed bonus is also given in this LIC policy. Guaranteed Bonus of Rs 50 per Rs 1000 from 1st year to 5th year, Rs 55 per 1000 from 6th to 10th year, Bonus of Rs 60 per 1000 from 11th to 25th year is available under the policy.
LIC Bima Ratna Plan Death Benefit
If the policy holder dies during the term of the LIC policy, then the nominee is given the sum assured and guaranteed additional money. In such a situation, LIC pays the nominee up to 125% of the Basic Sum Assured or up to 7 times the annualized premium, whichever is higher. Not less than 105% of the total premiums paid for LIC Bima Ratna Policy can be given as death benefit. Life Insurance Corporation of India claims to keep your money safe!
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