LIC Dhan Varsha 866 Plan: Invest one time, get more than double return

It's a Non-Linked, Non-Participating, Individual, Savings, Life Insurance plan.

LIC said that Dhan Varsha Plan assures to double the investment amount.

LIC Dhan Varsha: A loan can also be availed under this plan at any time during the policy term.

Death benefit payable, on death of the life assured during the policy term after the date of commencement of risk but before the date of maturity.

On life assured surviving the stipulated date of maturity, “Basic Sum Assured” along with accrued guaranteed additions will be payable.

The guaranteed additions will accrue at the end of each policy year, throughout the policy term and shall depend on the option chosen, basicsum assured and the policy term.

Premiums can be paid in single (lumpsum) payment mode only.

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