LIC does not offer any saving-oriented plan that can guarantee double money in 5 years. The returns may vary from plan to plan. What Should be the Return To Get Your Money Double in 5 Years If you want to double your money within 5 years then you will need a 14.4 % annual return. …
If you surrender your LIC policy before the maturity date, you will have to pay the surrender charges. The charges may vary depending on the type of insurance policy, premium paid, and the total premium paying term. When Can You Surrender Your LIC Policy The minimum period of surrendering any policy depends on the term …
If you’ve misplaced your LIC policy number, don’t worry – it’s easy to find. For locating your LIC policy number, you need to use correct credentials like name, and date of birth that was provided at the time of policy purchasing. Let’s understand the following steps to find your LIC policy number online and offline. …
Updated: January 03, 2022 The main USP of LIC policies is the bonuses they offer on their plans. So, it becomes important to know the updated rates for better decision-making. The latest bonus rates announced by LIC were for the year 2020-21 for all of its traditional plans. LIC has not revised the bonus rates …
Last Update -1st Jan 2022 I am your well-wisher and I will never give you the wrong advice. This is the best policy to protect your family’s future. Trust me. These are some flattery lines used by insurance agents to show their concern towards you. Your welfare is not their sole purpose. Their primary purpose …
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