Introduction to LIC Nivesh Plus 849 Benefits of Investing in LIC Nivesh Plus 849 How to Calculate Returns with the LIC Nivesh Plus 849 Calculator What Are the Maturity Benefits of LIC Nivesh Plus 849? How to Maximize Your Investments with LIC Nivesh Plus 849 Tips on Making the Most Out of Your Investment with LIC Nivesh Plus 849
What is LIC Nivesh Plus 849
Are you looking for a high-return investment option that can help you maximize your returns? Look no further than LIC Nivesh Plus 849! This investment plan offers great benefits, but how do you know if it’s the right choice for you? The answer lies in using the LIC Nivesh Plus 849 Calculator.
In this blog post, we’ll guide you through everything you need to know about this handy tool and show you how to use it effectively to get the most out of your investments. So, let’s dive in and learn how to maximize your returns with LIC Nivesh Plus 849 Calculator!
LIC Nivesh Plus 849 is a unit-linked insurance plan that offers you the dual benefits of life insurance and investment. The plan provides you with a life cover and also helps you to save for your future goals. The minimum sum assured under this plan is Rs. 1,00,000 and the maximum sum assured is Rs. 5,00,000. The policy term for this plan is 10 years and the premium payment term is 5 years.
The main features of LIC Nivesh Plus 849 are as follows:
1) This is a Unit Linked Insurance Plan (ULIP). Under this type of policy, a part of your premium goes towards providing you with life insurance coverage while the remaining amount is invested in market-linked funds.
2) You have the option to choose from 3 different investment fund options – equity funds, debt funds or balanced funds.
3) This policy provides you with a death benefit and also gives you the opportunity to earn returns on your investment.
4) In case of an early termination of the policy, charges will be applied as per the terms and conditions mentioned in the policy document.
5) The policy comes with a free-look period of 15 days during which you can cancel the policy if you are not satisfied with it.
6) All charges under this policy are payable upfront at the beginning of the policy term and are deducted from your premium amount before investment allocation
Benefits of Investing in LIC Nivesh Plus 849
There are several reasons why investing in LIC Nivesh Plus 849 makes sense. First, the interest rate on this policy is higher than the average for similar policies. This means that you will earn more money on your investment over time. Additionally, the death benefit on this policy is significantly higher than the average, which provides peace of mind in knowing that your loved ones will be taken care of financially if something happens to you. Because this policy offers a guaranteed return of premium, you know that you will not lose any money if you need to cancel the policy for any reason.
How to Calculate Returns with the LIC Nivesh Plus 849 Calculator
To calculate your returns with the LIC Nivesh Plus 849 calculator, simply follow these steps:
1. Enter the amount of money you plan to invest.
2. Select the investment period (in years).
3. Click on the “Calculate” button.
The LIC Nivesh Plus 849 calculator will then show you the expected return on investment, as well as the total amount of money you will have earned at the end of the investment period.
Tips for Maximizing Returns with the LIC Nivesh Plus 849 Calculator
The LIC Nivesh Plus 849 calculator is a great tool to help you maximize your returns on investments. Here are some tips to help you get the most out of this calculator:
1. Use the “Nivesh” tab to input your investment details. This tab allows you to input your investment amount, expected return, and risk profile.
2. Use the “Returns” tab to see how your investment will grow over time. This tab shows you the projected growth of your investment, based on the information you entered in the “Nivesh” tab.
3. Use the “Risks” tab to assess the risks associated with your investment. This tab shows you the potential risks associated with your investment, based on the information you entered in the “Nivesh” tab.
4. Use the “Planner” tab to create a personalized investing plan. This tab allows you to input your goals, timeline, and other important factors to create a custom investing plan that fits your needs.
The LIC Nivesh Plus 849 Calculator is a great tool for helping you maximize your returns on your investments. With this calculator, you can easily calculate the benefits and rewards of investing in LIC Nivesh Plus 849. It also helps investors understand how their money will be invested and determine when they should invest to get the most out of their investment. By using the calculator, you can ensure that you are making wise decisions with your investments while increasing your chances of achieving optimal returns.