LIC Policy: Invest Rs 233 daily to get Rs 17 lakh on maturity, check how

LIC Jeevan Labh policy offers safe and impressive returns to investors. 

New Delhi:  Life Insurance Corporation (LIC) of India offers a slew of secured investment schemes providing impressive returns to investors in a short span of investment tenure. Investors can put their money in LIC policies to secure their future and retirement. 

For instance, in a LIC policy called Jeevan Labh, you can start investing roughly about Rs 233 daily, approximately Rs 7000 in a month, to get Rs 17 lakh at the time of maturity. 

Investments in LIC’s Jeevan Labh Plan are exempted from income tax under Section 80C of the Income Tax Act, 1961. The insurance scheme is a non-linked scheme, meaning that the returns are not based on any stock markets. Benign a non-linked policy makes Jeevan Labh Plan one of the safest investment options to invest in 2022.