Guaranteed Return Plans
In this modern epoch, maintaining economic stability has become difficult for everyone. By understanding the people’s need for financial stability, insurance companies have taken the initiative to provide guaranteed income plans.
This plan fulfills the investor’s need and offers them life insurance along with maturity benefits and regular guaranteed pay-outs.
Benefits of Guaranteed Return Plans
Income Tax Benefits
Flexible Payout Options
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Features of Guaranteed Return plans
- It’s a kind of life insurance plan that provides regular income for a specified time ranging from 10-30 years.
- It gives a fixed reversionary bonus along with a terminal bonus.
- It provides multifarious benefits such as death benefits, maturity benefits, and tax exemption.
- The policy period varies from 10-30 years.
Who is Eligible for Guaranteed Return Plans?
Guaranteed Income Plans are designed for salaried people who lie between the ages of 18-60 years. Moreover, the policy term for investors extends from 10 years to 30 years.
Frequently Asked Questions
LIC offers multifarious life insurance policies designed to provide higher returns. It provides you with the maximum benefits.
InvestMarket offers the best investment plans in India that give high returns. We have highly experienced professionals that can fulfill your needs within your budget.