LIC Introduces Dhan Vriddhi: Your Path to Guaranteed Financial Growth

In the ever-evolving landscape of financial security, the Life Insurance Corporation of India (LIC) takes a significant stride forward with the launch of the Dhan Vriddhi plan. This single premium, non-participating endowment plan is poised to reshape the way we approach financial planning, offering guaranteed returns that provide a shield against uncertainty.

Securing Your Financial Future with Dhan Vriddhi

Dhan Vriddhi, a close-ended guaranteed returns policy, is more than just an insurance plan; it's a commitment to your financial well-being. 

This innovative offering allows you to invest with confidence, knowing that your future is protected. Available for purchase until September 30, 2023, Dhan Vriddhi is a limited-time opportunity to lock in your financial growth.

Tailored Coverage for Your Needs

Understanding that financial aspirations differ, LIC has designed Dhan Vriddhi with customizable sum assured options. Policyholders can choose between two sum assured options: 1.25 times or 10 times the premium amount. 

The minimum sum assured stands at Rs 1.25 lakh, catering to individuals with varying financial capacities. 

Moreover, the policy's flexibility shines through with an entry age range of 90 days to eight years, accommodating young investors as well as those looking to secure their future in their prime years (between 32 and 60 years).

Flexible Tenures for Optimal Financial Planning

Dhan Vriddhi offers a range of tenures to align with your financial goals. Choose from tenures of 10, 15, or 18 years, allowing you to create a plan that suits your unique circumstances. 

With guaranteed additions accumulating at the end of each policy year throughout the chosen tenure, you can rest assured that your financial growth is a constant factor.

Guaranteed Additions: Fueling Your Prosperity

One of the standout features of Dhan Vriddhi is the guaranteed additions that fortify your financial foundation. These additions, which can range from Rs 60 to Rs 75 (option 1) and Rs 25 to Rs 40 (option 2) per Rs 1,000 of the basic sum assured, are a testament to LIC's commitment to your financial growth. 

The quantum of these guaranteed additions depends on your chosen sum assured option and policy tenure. For those seeking larger coverage, the guaranteed additions are proportionally higher, offering an attractive incentive to invest in your future.

Enhancing Your Protection: Riders for Added Security

LIC understands that true security comes from comprehensive coverage. With Dhan Vriddhi, policyholders have the option to enhance their base life insurance policy with additional riders. 

The accidental death and disability benefit rider and the New Term Assurance rider provide an added layer of protection, ensuring that your loved ones are shielded from life's uncertainties.

Seamless Access: Online and Agent Channels

Embracing modern convenience, Dhan Vriddhi can be purchased through both online and agent channels. 

This ensures that you have the flexibility to explore and invest in this opportunity using a method that aligns with your preferences.

Choice and Control: Disbursal Options

At the culmination of your policy's journey, either at maturity or in the unfortunate event of death, your beneficiaries are presented with choices. 

The claim amount can be disbursed in monthly, quarterly, half-yearly, or annual intervals for a period of five years. This empowers your family to manage their financial needs efficiently while maintaining control over their financial future.

Embracing a Profitable Future

LIC's introduction of Dhan Vriddhi is not only a testament to their commitment to your financial well-being but also a strategic move toward profitability.

In their journey toward an initial public offering (IPO), LIC recognizes the significance of non-participating policies in driving profitability margins. 

Dhan Vriddhi exemplifies their dedication to offering a diversified portfolio that balances guarantees with growth opportunities.

As you navigate the complex realm of financial planning, LIC's Dhan Vriddhi emerges as a guiding light, offering guaranteed returns, flexibility, and comprehensive coverage. 

Embrace this opportunity to secure your financial future and embark on a journey of prosperity with confidence. 

The clock is ticking - secure your Dhan Vriddhi plan before September 30, 2023, and pave the way for a brighter tomorrow.