LIC Dhan Rekha Plan | LIC Dhan Rekha | LIC Dhan Rekha 863

LIC Dhan Rekha Plan | LIC Dhan Rekha 863 – money back / guranteed additional | LIC Dhan Rekha | What is LIC Dhan Rekha | LIC Dhan Rekha Scheme | LIC New Dhan Rekha | What is LIC Dhan Rekha | LIC Dhan Rekha |Dhan Rekha Yojana | Dhan Rekha Yojana

As you all know that LIC Life Insurance Corporation of India continues to operate plans for its customers so that LIC customers can avail maximum benefits. 

Life Insurance Corporation of India Life insurance corporation of India has recently operated LIC Dhan Rekha policy which includes non linked, nonparticipant, individual, and money back, protection, life insurance as well. 

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If you also want to get complete information about the LIC Dhan Rekha plan, then you can read this article to get the details of this plan.

What is LIC Dhan Rekha Policy?

  • LIC Dhan Rekha is a plan implemented by Life Insurance Corporation of India which is non linked, non-participant, and this individual, saving, money back as well as life insurance are also available in this policy plan. 
  • Meaning: Dhan Rekha plan is not linked to any share market,
  • LIC is not a part of the profit, this insurance can be taken individually, cannot be taken in a group, in this the facility of saving, money back and life insurance is also available.
  • In this plan, you have to pay less than the policy term, if you take a policy term of 20 years, then you will have to pay the premium for 10 years only and the facility of taking a single plan is also available in this plan if you take any plan of LIC Dhan line.
  • If you want to take it, then you can take it by paying the premium in one go.
  • In LIC Dhan Rekha policy, the minimum sum assured is two lakhs and the maximum sum assured no limit can be taken as much as you want.

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Key Highlights of LIC Dhan Rekha Policy

Lic Dhan Rekha Plan | Lic Dhan Rekha | Lic Dhan Rekha 863
Name of insuranceLIC Dhan Rekha policy
CompanyLife Insurance Corporation of India
BeneficiaryWomen, men, children can avail
Minimum Age Limit90-day old baby
Maximum Age LimitUp to 55 years / 60 years
Minimum Sum Assured₹ 200,000/-
Maximum Sum AssuredNo limits
Policy Term20 years, 30 years, 40 years
Surrender Timeafter 2 years
Loan Facilityafter 2 years
TaxTax Applicable
LinkLife Insurance Corporation of India – Home (licindia.in)

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Benefits of LIC Dhan Rekha Plan

Maturity Benefit

On maturity of the policyholder, the sum assured along with the principal sum assured and additional guaranteed will be paid out.

Guaranteed Additional Benefit

LIC keeps on adding some money when the Granted Additional Benefit policy is old.

Policy TermGranted Additional /1000
6 years to 20 years₹ 50 /-
21 years to 30 years₹ 55 /-
31 years to 40 years₹ 60/-

From 6th year to 20 years of taking policy term, ₹ 50 per 1000 is available. Thereafter, from the policy term of 21 years to the term of 30 years, the Granted Additional is added at ₹ 55 per 1000, similarly from the policy term of 31 years to the term of 40 years, ₹ 60 per 1000 is added. 

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This money is available after the completion of the policy term by combining the maturity amount + the additional amount granted.

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Survival Benefit

Survival Benefits under this policy are given below based on the term of the policy. Check Below

20 Years Policy

10% of Sum Assured at the end of 10th and 15th Year. In the 20th year, the Sum Assured + Guaranteed Addition @ Rs.50 per Rs.1,000 Sum Assured from the 6th year to the 20th year is payable. For the 1st to 5th year, there is no GA.

30 Years Policy

15% of Sum Assured at the end of 15th, 20th, and 25th Year. On the 30th year, the Sum Assured + Guaranteed Addition @ Rs.50 per Rs.1,000 Sum Assured from 6th to 20 years is payable. From 21st to 30th year, the GA @ Rs.55 per Rs.1,000 Sum Assured is payable.

40 Years Policy

20% of Sum Assured at the end of 20th, 25th, 30th, and 35th Year. On the 40th year, the Sum Assured + Guaranteed Addition @ Rs.50 per Rs.1,000 Sum Assured from 6th to 20 years is payable. From 21st to 30th year, the GA @ Rs.55 per Rs.1,000 Sum Assured is payable. For the final 31st to 40th year period, the GA is calculated @ Rs.60 per Rs.1,000 Sum Assured is payable.

Death Benefit

In case the policyholder dies during the policy term, assuming the policyholder has opted for 20 years plan and dies due to any reason after 12 years of the policy term, then Basic Sum Assured and Rs. 50 Granted after 6 years of the policy term,

In addition, LIC gives to the family of the policyholder.

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Documents Required for LIC Dhan Rekha Plan

  • Passport size photocopy of the potential policyholder
  • Age proof
  • Address proof
  • Proof of identity
  • Educational proof (certificate of the highest education of the policyholder)

What is Special about LIC Dhan Rekha Policy?

  • The benefits received from LIC Dhan Rekha policy will be granted. There will be no change in the benefits received in the coming future.
  • If women take LIC Dhan Rekha, they will be given some rebate in premium.
  • GA (Granted Additional) is available if taken for a longer period of time.
  • There is a single premium option in this policy plan, if you want, you can take the policy plan by paying the entire premium at one go.
  • Money back also keeps on getting in the middle of the money line.
  • All rider plans are available in this plan.

What is LIC Dhan Rekha Policy?

LIC Dhan Rekha policy is non-linked, non participating, saving, individual, money back and in which life insurance plans are also available. This insurance can also be taken by paying a single premium.

What is the LIC Dhan Rekha Entry Age?

To Invest in LIC Dhan Rekha policy, the entry age between 90 days to 60 years of birth can take this policy.

What happens if LIC Jeevan Rekha policy is terminated early?

In cases of early policy termination, the guaranteed surrender value might be lesser than all the premiums paid until the termination period.


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LIC Dhan Rekha Plan

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