LIC’s Dhan Rekha is a non-linked, non-participating term assurance plan offered by Life Insurance Corporation of India (LIC).
LIC Dhan Rekha Policy: If you want to invest, then you can get good returns by investing in LIC’s schemes. LIC money line for this Life Insurance Corporation of India (LIC) is a non-linked, non-participating term assurance plan. This plan is designed to provide financial security to the family of the policyholder in the event of unfortunate demise of the policyholder. The plan offers a host of benefits which makes it an attractive option for those looking for a term insurance plan.
get these benefits
- High Life Cover: This plan offers high life cover at affordable premiums, ensuring that your family remains financially secure in your absence and your family does not face hardships.
- Improved Feature: The plan offers better flexibility in terms of premium payment options wherein policyholders are able to choose between single premium payment and regular premium payment.
- Add-on Riders: The plan also offers add-on riders which the policyholder can opt for to enhance their coverage. These riders include Accidental Death Benefit Rider, Critical Illness Rider and Disability Benefit Rider.
- Tax Exemption: Policyholders are eligible for tax benefits under section 80C of the Income Tax Act, 1961 for the premium paid towards the plan.
Who can apply
Any person between the age of 18 to 60 years can take advantage of LIC’s Dhan Rekha plan. The maximum age at maturity is 70 years. The minimum sum assured under the plan is Rs.1,00,000.
Apply like this
To apply for LIC’s Dhan Rekha plan, interested individuals can visit the nearest LIC branch or apply online through the LIC website. The application process involves filling up the relevant form, submitting the required documents and paying the premium. The policy will be issued after the application is processed and approved by LIC.
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