new Delhi. If you invest in insurance, then it also gives you good coverage and thick savings. Although there are many insurance companies in the market, but most people prefer to take a policy of LIC Scheme. Because it is considered safe for investment. In such a situation, LIC has introduced a special policy for women. Whose name is LIC Aadhaar Shila Policy. In this policy, you can get Rs 3.97 lakh by depositing Rs 29 daily.
What is policy
LIC Aadhaar Shila Policy is for women only. It can be taken by women between 8 and 55 years old. It has to pay regular premium. If the investor dies during the policy, financial assistance is provided to the family. If the policy holder survives during the policy term, he gets a hefty amount at maturity.
How much will be the premium
If a woman takes this policy at the age of 31, whose duration is 20 years, then they will have to pay the first year’s premium of Rs 10,959 with 4.5% tax. Whereas it will be Rs 10,723 after the first year premium with 2.25 per cent. Therefore, you have to save Rs 29 daily. In this case, a total of Rs 214696 will have to be deposited, while on maturity you will get Rs 3.97 lakh. You can pay its premium monthly, quarterly or half-yearly. You can choose it according to yourself. LIC also gives an additional 15 to 30 days to pay the premium. If you want to cancel the policy, you can cancel it within 15 days after taking the plan.