LIC of India’s New Endowment Plan (Table 714) | Comprehensive Guide & Benefits

Welcome to our channel! In this video, we dive deep into LIC of India’s New Endowment Plan (Table 714), one of the most popular insurance plans offering a perfect blend of savings and protection. Whether you're planning for the future or ensuring financial security for your family, this policy provides guaranteed returns along with life cover.

In this video, we cover:

Key Features of New Endowment Plan 714: Get a detailed overview of its flexible premium payment terms, maturity benefits, and survival benefits.

Eligibility & Premiums: Who can apply? Learn about the minimum and maximum age limits and the premiums based on your age and policy term.

Bonus & Returns: How does LIC’s bonus system work for this policy? Understand how the bonus adds to your final maturity amount.

Death Benefit: Protect your loved ones with the death cover provided under this plan.

Loan Facility: How you can take a loan against your policy in times of need.

Tax Benefits: Discover the tax-saving benefits under Section 80C and Section 10D of the Income Tax Act.

Ideal for Long-term Savings: Find out why this plan is great for long-term savings and securing your financial future.

Whether you're in Kolkata or anywhere across India, this plan is a great option for building wealth and securing life coverage simultaneously.

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