LIC 15 Lakh Plans- An Overview:
LIC Policy of 15 Lakhs is designed by LIC of India to help customers enjoy the combined benefits of life cover and savings. These plans offer benefits of Rs. 15 Lakhs to the beneficiary of the policy. In addition to this, the LIC policy of 15 Lakh also offers a host of benefits such as tax benefits, maturity benefits, loan facilities, guaranteed additions, and many more. In the below sections, let’s explore more about the plan and its benefits:
Benefits of LIC 15 Lakh Plans
LIC Policy of 15 Lakhs offer certain benefits to its policyholders. Some of them are mentioned below:
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Combined Benefit of Savings and Life Protection
With LIC 15 Lakh insurance policy, one can enjoy the double benefits of savings and life protection under a single plan.
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Riders for Enhanced Protection
In order to enhance your protection, LIC offers 4 riders under a 15 Lakh Insurance policy. The available raiders are:
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New Term Assurance Rider,
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Accidental Death & Disability Benefit Rider,
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Accident Benefit Rider, and
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New Critical Illness Benefit Rider.
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Loan Facility
If a policyholder has paid the premiums for at least 2 years, he/she can avail loan against their policy to meet any financial emergency.
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Tax Benefits
Under LIC 15 Lakh policy, the policyholder is eligible to avail of tax benefits for the premiums paid under Section 80C of the Income Tax Act,1961.
How to Buy LIC 15 Lakh Plan from PolicyBazaar?
Follow the below steps to buy LIC Plans from Policybazaar:
Step 1: Visit Life Insurance Corporation of India.
Step 2: In the form, fill your name and contact number.
Step 3: Click on “view plans”.
Step 4: Next, enter your current age and residential city.
Step 5: You can customize the amount and tenure of your plans at your convenience.
Step 5: Check the details, and proceed to make an online payment.
**Note: You can buy LIC policy offline from Policybazaar. We provide door-to-door services by which you can easily buy your best-suited policy.
To Conclude:
Buying LIC 15 Lakhs plans is a perfect way of securing your family’s future in your absence. After your death, these policies offer up to Rs. 15 lakhs in coverage to your family, assuring them financial security. Additionally, these policies provide maturity rewards in the event that the policyholder survives past the policy's term.