LIC Dhan Varsha plan: 10 times more money on deposit premium, know all the important details of this new policy – new LIC Dhan Varsha plan 10 times risk coverage on premiums, find out Benefits, maximum insurance coverage and other details


LIC Dhan Varsha Plan: LIC has recently launched a new life insurance policy. It offers many features including a bonus, 10 times the insurance amount. Also, you only have to pay the premium once. That is, there will be no hassle of paying premiums again and again.

The LIC Dhan Varsha policy is a one-time premium individual savings life insurance policy that offers both protection and savings. The LIC plan Dhan Varsha is number 866 in the LIC chart no.

According to the LIC website, the family receives cash support if the insured person dies during the term of the policy. On the day of redemption, it guarantees payment for the rest of your life.

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According to the LIC website, this plan is available for both medical and non-medical schemes, entirely dependent on the non-medical limit, age, and amount chosen.

You can get up to 10x risk coverage

With this single plan, you can get up to 10 times the risk coverage of the premium you contributed. In this you will have two options-

First option: By choosing this option, you will receive 1.25 times the sum insured compared to the premium paid. This means that if someone paid 10 lakh one-time bonus and dies, then the candidate will receive 12.5 lakh along with a guaranteed extra bonus.

Second option: If you choose the second option in this plan, you will receive risk coverage of 10 times the premium paid. That is, in the event of death, 10x cash support will be available. That is, if a one-time bonus of Rs 10 lakh were paid, his candidate would receive Rs 1 crore with a guaranteed bonus.

Now you must be thinking what is the advantage of choosing the first option when the second option provides 10x risk coverage. So let’s say, choosing the first option, you will get more bonus than the second one.

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This plan will only be available offline

You will not be able to buy the LIC Dhan Varsha plan online. This plan will only be available offline. This plan has only 2 terms, the first 10 years and the second 15 years. You can choose any of these terms.

Until what age can you take the plan

In both variants of the LIC Dhan Varsha policy, if you have chosen the term of 15 years, then the minimum age for obtaining the policy will be 3 years. If you choose 10 years, then the minimum age will be 8 years.

If you choose the first option, then the maximum age for the policy is 60 years old, and if you take 10 times the risk coverage, you can only join this plan up to 40 years old with a validity period of 10 years. In the second option, if we take a period of 15 years, then the maximum age will be 35 years.

Money can also be taken as a pension

In this policy of Dhan Varsha, you will have the opportunity to borrow and surrender. In addition, the money received by the nominee can also be taken as a pension in installments, and not all at once.


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