State Life Insurance Policy 10 years
State Life Insurance Policy 10 years
As often people ask about state life insurance police 10 years plan, I will describe a simple formula to buy a policy.
State Life Plans
plan name are different, As child education Plan, After retirement plan, Marriage plan, etc, but if you keep in mind a simple formula it will help you understand the profit of the policies
- If you pay and buy a plan for 10 years you will get double profit as If you paid 10 lakh you will receive almost 20 lakh .profit is not fix .little bit down possible.
- If you buy a policy for 15 years and pay 10 Lakh rupees in 15 years you will get 30 lakh amount Premium + Profit and your profit will be 20 Lakh
- If you buy a Policy for 20 years and pay 10 lakh amount you will get. you will receive 50 Lakh total amount and your profit will be 40 Lakh.
Other Benefits
there are a lot of other benefits of Policy
Loan
After three years of buying policy, you can take a loan from State Life which will be extended 80 percent amount you paid to State life. at any stage of Policy and payback with easy installment.
Accidental death
A reasonable amount pay to legal heirs of Policyholders even he paid only one installment.
Monthly Income
State Life pays monthly Income to legal heirs of Policyholder after death.
Documents Needed
- Just Id Card of Policyholder
- Id card of the beneficiary
Comments
Post a Comment