LIC Jeevan Azad: Life Insurance Corporation launched LIC’s Jeevan Azad Policy, which offers the policyholder both savings and security.This policy provides a death benefit to the policyholder’s nominee. This policy provides a death benefit to the policyholder’s nominee.
Conversely, if the policyholder lives through the policy’s maturity period, they receive a maturity benefit. If you’re seeking a policy that offers both savings and security, consider purchasing the Jeevan Azad Policy. In the article, we will give you all the details.
LIC’s Jeevan Azad: Life Insurance Corporation’s Jeevan Azad Policy has been launched. The policyholder receives both savings and security under this policy. If the policyholder passes away, his nominee receives the benefit of the date.
Conversely, if the policyholder lives through the policy’s maturity period, they will also receive a maturity benefit. Therefore, if you are seeking a policy that offers both savings and security, consider purchasing the Jeevan Azad policy. We will provide comprehensive details about this policy in the upcoming article.
LIC Jeevan Azad policy
● Entry age (in years) A minimum of 90 days Maximum 50 years
● Minimum maturity age (in years): 18 years Maximum 70 years
● Policy period: 15-20 years
● Premium payment period Policy period minus 8 years
● Basic sum assured: Rs. 2 lakh | Rs. 5 lakh
LIC Jeevan Azad policy Documents
To take LIC’s Jeevan Azad policy, you must have an Aadhar card, PAN card, and birth certificate. Passport-size photograph A salary slip for a working person If you are a disease patient, you will have to provide something like a medical report.
How to use the Jeevan Azad policy offered by LIC
To take LIC’s Jeevan Azad policy, you will have to go to the official portal of the Life Insurance Corporation department. Once you click on the insurance-related option, a variety of insurance plans will appear, among which is LIC’s Jeevan Azad.
Next, you will input all the required information and attach all the crucial documents. After that, you will need to pay the application fee to obtain the Jeevan Azad policy.
Disclaimer: This article provides general informational purposes only and does not constitute professional advice. Always seek personal guidance from a qualified financial advisor or insurance agent based on your unique circumstances. We cannot guarantee the accuracy and completeness of the information.