The Life Insurance Policy Company of India (LIC) has actually introduced a brand-new financial savings insurance policy called Dhan Rekha with impact from December 13, 2021. According to a LIC news release dated December 13th, it is a non-affiliated, non-participating, private life insurance policy plan. “The item has numerous benefits and also special homes. There are unique costs prices for women lives. Strategy is enabled to the 3rd sex. All advantages under the strategy are completely ensured, “the declaration claimed.

According to the LIC news release, the Dhan Rekha Strategy pays a portion of the standard insurance policy quantity as a survival advantage at routine periods of the contribution repayment duration.

Information on the LIC Dhan Rekha Strategy

  • Under this strategy, the minimum quantity guaranteed is Rs 2 lakh without any ceiling on the optimum quantity guaranteed.
  • The minimal age for entrance is 90 days to 8 years, relying on the agreement duration. Relying on the regard to the agreement, the optimum entrance age can be in between 35 and also 55 years.
  • The strategy can be bought both offline and also online via representatives/ middlemans such as POSPLI/ Common Civil Service Centers (CPSC-SPV) and also the site
  • This strategy additionally consists of a debt center to cover liquidity demands. Optional vehicle drivers are offered at an added expense as component of this strategy, however there are some limitations, according to LIC.

Survivor benefit

The survivor benefit with restricted payment repayments is 125 percent of the standard insurance policy quantity or 7 times the yearly costs, whichever is greater, however not much less than 105 percent of all costs compensated to the day of fatality plus ensured additional charges, according to the LIC news release. “As opposed to a one-off repayment, due and also survivor benefit can be attracted installations over a duration of 5 years. There are solitary costs or restricted superior repayment alternatives of ten years, 15 years or twenty years, “she included.

If the agreement is in pressure, ensured additional charges use at the end of each insurance policy year from the sixth year of insurance policy throughout of the agreement duration.

Due day information

The insurance policy holder gets the whole amount guaranteed without reduction of the money-back quantity got integrated with built up ensured additional charges when due. This strategy gives financial backing to the insurance policy holder’s household in case of the insurance policy holder’s sudden death throughout the regard to the plan.


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