LIC launches Dhana Sanchay Scheme For Customers: Life Insurance Corporation of India (LIC) has launched a new scheme called ‘Dhan Sanchay’ for its customers. It is a non-linked, non-participating, personal savings life insurance plan, offering customers the dual benefit of savings and protection. The scheme is ‘A’, ‘B’, and ‘C’ with a term of five to fifteen years. And ‘D’ can be purchased in four options.

Fetuers Of LIC Dhana Sanchay Scheme

The minimum sum insured for options ‘A’ and ‘B’ is Rs. 3 lakh 30 thousand. Option C is Rs 2.5 lakh and D is Rs 22 lakh and there is no limit on the maximum sum assured. The minimum age limit for LIC’s ‘fundraising’ scheme is three years. Customers they choose

Level income, single premium level income, and incremental income benefits are available from this scheme. After the policy matures The scheme will be available in the form of Guaranteed Income Benefit and Guaranteed Terminal Benefit. The unfortunate death of the insured during the term of the policy If so, the family gets financial help. Benefits are paid in lum sum or in installments over a period of five years.

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In addition, it will also benefit from the Enforce and Paid Up policies. Loan facility is available under this scheme. The plan can also be purchased offline from the company’s agents or online from LIC’s website.