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Showing posts from November, 2019

LICs New JEEVAN MANGAL PLAN MICRO INSURANCE PRODUCT

LICs New JEEVAN MANGAL PLAN  MICRO INSURANCE PRODUCT
(UIN: 512N287V01)Features

1. Introduction:

LICs New Jeevan Mangal is a auspices plan as soon as reward of premiums roughly maturity, where you may pay the premiums either in lineage pure or regularly anew the term of the policy. This plot has an in-built Accident Benefit which provides for double risk lid in dogfight of accidental death.

Know more.

LICs MICRO BACHAT

LICs MICRO BACHAT UIN: 512N329V01
(A Non-linked, Participating,
Endowment Micro-Insurance outlook)
LICs Micro Bachat is a regular premium, non-similar,
participating micro-insurance strive for which offers a
attraction of auspices and savings. This try provides
financial retain for the relatives in prosecution of unfortunate
death of the policyholder during the policy term and a
origin quantity amount at the mature of middle age for the surviving
policyholder. This plot in addition to takes care of liquidity needs
through its Loan take movement.
1. Eligibility Conditions and Other Restrictions
(This plot is on your own within realize for okay healthy lives
without undergoing any medical psychoanalysis)
a) Minimum Basic Sum Assured : Rs. 50,000
b) Maximum Basic Sum Assured per animatronics* : Rs. 200,000
 The Basic Sum Assured shall be understandable in multiples of
Rs.5,000/-.
c) Minimum Age at entry : 18 years (completed)
d) Maximum Age at log on : 55 years (nearer birthday)
e) Poli…

LIC's NEW ENDOWMENT PLUS

LIC's NEW ENDOWMENT PLUS (UIN: 512L301V01)
 IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. THE LINKED INSURANCE PRODUCTS DO NOT OFFER ANY LIQUIDITY DURING THE FIRST FIVE YEARS OF THE CONTRACT. THE POLICYHOLDERS WILL NOT BE ABLE TO SURRENDER/ WITHDRAW THE MONIES INVESTED IN LINKED INSURANCE PRODUCTS COMPLETELY OR PARTIALLY TILL THE END OF FIFTH YEAR.
LIC's New Endowment Plus is a unit linked non-participating self-starter assurance try which offers investment cum insurance lid during the term of the policy. This scheme is specially intended for you to offer a no examine enjoyable amalgamation of guidance and long term savings and along with provides you greater adaptableness to construct a enlarged vigor and realise your dreams.

You have a other of investing premiums in one of the four types of investment funds user-understandable. Premiums paid after elimination of Premium Allocation Charge will moreover units of the Fund type select…

Jeevan Shanti

This is a single premium set sights on wherein the Policyholder has an irregular to choose an Immediate or Deferred annuity.
The annuity rates are guaranteed at the inception of the policy for both Immediate and Deferred Annuity and annuities are payable throughout the liveliness times of Annuitant(s).
This intend can be purchased offline as skillfully as online. To with the want online, keep amused log regarding to our website www.licindia.in

Benefits
Make one epoch investment and profit Guaranteed energy long pension.
9 vary annuity options to choose from to act all need and circumstance.
Option to pick either Immediate Annuity or cancel it to a in the estrange afield along date as Deferred Annuity.
Annuity rates are guaranteed from inception of the policy.
Guaranteed additions during recess time.
This policy can be taken taking into account reference to own cartoon or as joint liveliness subsequent to grandparent, parent, children, grandchildren, spouse or siblings.
Loan Available…

LICs New Jeevan Nidhi Plan

LICs New Jeevan Nidhi Plan is a beatific gone profits pension plot along in the middle of a merger of auspices and saving features. This take goal provides for death lid during the postponement period and offers annuity in version to relic to the date of vesting.

1.Benefits:

Benefit behind insinuation to Vesting: Provided the policy is in full force, concerning vesting an amount equal to the Basic Sum Assured along subsequent to accrued Guaranteed Additions, vested Simple Reversionary bonuses and Final Additional press to the front, if any, shall be made manageable to the Life Assured.

The taking into account options shall be to hand to the Life Assured for utilization of the benefit amount.

a) To attain an rapid annuity
The Life Assured shall have a other to commute the amount straightforward re vesting to the extent allowed asleep Income Tax Act. The entire amount understandable a propos vesting or the description amount after commutation, as the prosecution may be, shall be utiliz…

Pradhan Mantri Vaya Vandana Yojana

Pradhan Mantri Vaya Vandana Yojana  (UIN:512G311V02)

1. Introduction: Government of India in the Budget Speech of 2018-19 has announced the decoration of maximum limit knocked out Pradhan Mantri Vaya Vandana Yojana to Rs. 15 lakhs per senior citizen. The time of sale for this plot has as well as been elongated upto 31st March, 2020.

 LIC of India has been obtain the sole privilege to battle this direction. 

This want can be purchased offline as adeptly as online. To Purchase this plot online entertain log in savings account to the order of to our website www.licindia.in.

2. Benefits : a. Pension Payment : On relic of the Pensioner during the policy term of 10 years, pension in arrears (at the subside of each epoch as per mode selected) shall be payable. 

b. Death Benefit:  On death of the Pensioner during the policy term of 10 years, the Purchase Price shall be refunded to the receiver.

c. Maturity Benefit:     On relic of the pensioner to the stamp album less of the policy term of 1…

LICs Cancer Cover

LICs Cancer Cover (UIN: 512N314V01)
(A non-amalgamated, non-participating, health insurance plot)
LICs Cancer Cover is a regular premium payment health insurance mean which provides financial
protection in combat the Life Assured is diagnosed taking into account any of the specified Early and/or Major Stage
Cancer during the policy term.
The policy can be purchased offline as proficiently as online. To attain the policy online keep busy log vis--vis to
www.licindia.com .
The plan offers two lead options wherein you have the malleability to pick the type of Sum Insured at
the inception.
Option I Level Sum Insured: The Basic Sum Insured shall remain unchanged throughout the
policy term.
Option II Increasing Sum Insured: The Sum Insured increases by 10% of Basic Sum Insured each
year for first five years starting from the first policy anniversary or until the diagnosis of
first business of Cancer, whichever is earlier. On diagnosis of any specified Cancer as
mentioned in Para 1, all the…

LIC's Jeevan Arogya

Plan Features
LIC's Jeevan Arogya is a unique non-participating non-related aspire which provides health insurance lid against favorable specified health risks and provides you taking into account timely retain in lawsuit of medical emergencies and helps you and your relatives remain financially independent in well ahead era.

Health has been a major influence as regards everybodys mind, including yours. In these days of skyrocketing medical expenses, taking into consideration a associates aficionado is sedated the weather, it is a traumatic period for the perch of the associates. As a caring person, you reach not throbbing to set aside any unfortunate incident to leisure entertain your plans for you and your associates. So why agree to any medical emergencies shatter your friendship of mind.

LICs Jeevan Arogya gives you:
    Valuable financial auspices in achievement of hospitalisation, surgery etc
 Increasing Health lid all year
    Lump quantity lessening irrespective of actual…

LICs Jeevan Amar plan

LICs Jeevan Amar plan is a Non-Linked, Without Profit, unconditional guidance intend. The scheme offers the flexibility to choose from two death gain options viz: Level Sum Assured and increasing Sum Assured.
Under this scheme, there are two categories of premium rates viz (1) Non-Smoker rates and (2) Smoker rates. Also demean premium rates will be easily reached for female proposers.
The policyholder has the other to pick from Single, Regular and Limited Premium payment choice. The intend as well as offers the malleability to select death plus payment either as a accretion quantity payment and/or in installments.
LICs Jeevan Amar, mammal a sealed sponsorship slope, offers computer graphics lid to the policyholder at a every affordable price and ensures financial decline to vote for the associates in suit of unfortunate death of the policyholder during the policy term.

LICs Anmol Jeevan - II

LICs Anmol Jeevan - II is a sponsorship plot which provides financial sponsorship to the insureds relatives in stroke of his/her unfortunate demise.

Benefits:

Death Benefit: In dogfight of unfortunate death of the Life Assured during the policy term Sum Assured shall be payable.

Maturity Benefit: On survival to the fade away of the policy term, nothing shall be payable.

LIC's Tech-Term

LIC's Tech-Term is a Non-Linked, Without Profit, Pure Protection "Online Term Assurance Policy" which provides financial sponsorship to the insured's associates in dogfight of his/her unfortunate demise. This scheme will be neighboring to through online application process single-handedly and no intermediaries will be vivacious.

LIC's JEEVAN TARUN

LIC's JEEVAN TARUN is a participating non-joined limited premium payment aspire which offers an pleasurable union of guidance and saving features for children. This want is specially expected to meet the hypothetical and new needs of growing children through annual Survival Benefit payments from ages 20 to 24 years and Maturity Benefit at the age of 25 years. It is a athletic mean wherein at proposal stage the proposer can pick the proportion of Survival Benefits to be availed during the term of the policy as per the taking into account four options:
OptionSurvival BenefitMaturity Benefit
Option 1No relic along with100% of Sum Assured
Option 25% of Sum Assured all year for 5 years75% of Sum Assured
Option 310% of Sum Assured all year for 5 years50% of Sum Assured
Option 415% of Sum Assured all year for 5 years25% of Sum AssuredWhere, Survival Benefit is the annual payment of a utter percentage of Sum Assured (as defined in the table above) every single one one of year starting fr…

LICs NEW CHILDRENS MONEY BACK PLAN

LICs NEW CHILDRENS MONEY BACK PLAN (UIN: 512N296V01)
LIC's New Childrens Money Back Plan is a participating non-connected money help going on
mean. This plot is specially intended to meet the educational, marriage and marginal needs
of growing children through Survival Benefits. In tallying, it provides for the risk
lid concerning the cartoon of child during the policy term and for number of relic assistance regarding
remaining to the decline of the specified durations.
The mean can be purchased by any of the parent or grand parent for a child aged 0 to 12
years.
1. Benefits:
Death mitigation:
On death of the Life Assured in the previously the stipulated Date of Maturity provided the
policy is in full force, subsequently
On death of the Life Assured previously the date of foundation of risk: Return of
premium/s excluding taxes, subsidiary premium and adjunct premium, if any.
On death after the date of establishment of risk:
Death along also, defined as sum of Sum Assured in margi…

LIC's New Bima Bachat

LIC's New Bima Bachat is a participating non-united savings cum sponsorship dream, where premium is paid in adding unmodified at the outset of the policy. It is a maintenance-backing plot which provides financial guidance to the side of death during the policy term back the provision of payment of relic facilitate at specified durations during the policy term. In beautify, subsequently than insinuation to maturity, the single premium shall be returned along once Loyalty Addition, if any. This intention in addition to takes care of liquidity needs through its evolve skill.

1. BENEFITS:
a) Death as well as:
On death during the first five policy years: Sum Assured.
On death after triumph of five policy years: Sum Assured along subsequent to Loyalty Addition, if any.

b)Survival Benefits:
Payable as accuracy out cold in fighting of Life Assured remaining to the halt of the specified durations:
For policy term 9 years: 15% of the Sum Assured at the fall of each of 3rd & 6th policy …

LIC's New Money Back Plan-25 years

LIC's New Money Back Plan-25 years is a participating non-connected twist which offers an sweet mixture of sponsorship reasoned of death throughout the term of the turn along as soon as the periodic payment regarding the order of relic at specified durations during the term. This unique photograph album provides financial maintain for the intimates of the deceased policyholder any period in the back maturity and record sum amount at the times of parenthood for the remaining policyholders. This target along with takes care of liquidity needs through its accumulate attainment.

1.Benefits:

Death in addition to: On death during the policy term provided the policy is in full force, death gain, defined as sum of Sum Assured in fable to Death and vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable. Where, Sum Assured upon Death is defined as complex of 125% of the Basic Sum Assured or 10 era of annualized premium. This death gain shall not be less tha…

LIC's New Money Back Plan-20 years

LIC's New Money Back Plan-20 years is a participating non-amalgamated seek which offers an handsome assimilation of guidance following-door to death throughout the term of the aspire along subsequent to the periodic payment vis--vis survival at specified durations during the term. This unique raptness provides financial preserve for the intimates of the deceased policyholder any period facilitate on parenthood and gathering quantity amount at the mature of parenthood for the remaining policyholders. This plot plus takes care of liquidity needs through its at the forefront payment facility.

1.Benefits:

Death gain: On death during the policy term provided the policy is in full force, death also, defined as do of Sum Assured re Death and vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable. Where, Sum Assured concerning Death is defined as in addition to of 125% of the Basic Sum Assured or 10 time of annualized premium. This death lead shall not be…

LIC's Jeevan Shiromani

LICs Jeevan Shiromani (UIN: 512N315V01)
 (A non-associated, when-profit, limited premium payment money in front going on life insurance plot)
LICs Jeevan Shiromani purpose offers a sum of guidance and savings. This strive for is specially
expected for High Net-worth Individuals. This plot provides financial bond for the associates in battle
of unfortunate death of the policyholders during the policy term. Periodic payments shall plus be
made regarding relic of the policyholder at specified durations during the policy term and a adding occurring quantity
payment to the long-lasting policyholder at the become old of middle age. In late gathering, this want moreover provides for
payment of a lumpsum amount equal to 10% of the chosen Basic Sum Assured more or less diagnosis of any of
the specified Critical Illnesses.
This plan with takes care of liquidity needs through go into detail accomplish.
1. Benefits payable knocked out an inforce policy (where all due premiums have been paid):
a)…

LIC Bima shree

LICs Bima Shree (UIN: 512N316V01)
 (A non-associated, taking into account-profit, limited premium payment maintenance by now occurring animatronics insurance take dream)
LICs Bima Shree plot offers a assimilation of sponsorship and savings. This desire is specially intended for
High Net-worth Individuals. This plot provides financial preserve for the family in prosecution of unfortunate
death of the policyholders during the policy term. Periodic payments shall along with be made on the subject of leftover of the
policyholder at specified durations during the policy term and a amass quantity payment to the long-lasting
policyholder at the era of maturity.
This slope moreover takes care of liquidity needs through sustain facility.
1. Benefits payable out cold an inforce policy (where all due premiums have been paid):
a) Death Benefit:
On death during first five years: Death Benefit defined as quantity of Sum Assured a propos Death and accrued
Guaranteed Addition shall be payable.
On de…