LIC Bima Jyoti Plan 860 with Example : New LIC Policy 2021 :बीमा ज्योति 860



In this Video we will see the details about new lic Bima Jyoti plan – table number 860. With this video we will try to understand the various features and aslso the true returns of LIC Bima Jyoti 860 Policy. The plan has been launched on 22 February 2021.
The primary reason why such plans get launched is to lure people to invest for Tax savings as a lot of people try to invest money in February closer to the 31st March cut off date.
While the plan promises to give guaranteed savings, the actual or the real savings are real poor around 4-6%.
Even for people with 10,20 or 30 percent tax bracket, the benefits are only somewhat good if they take the tax benefot for whole of duration of the Premium Payment Term.
I have also covered the Maturity Benefit, Death Benefits, Optional Riders available, True and Real Saving Returns, Other options available etc.


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