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Single Premium Endowment Plan

LIC's SINGLE PREMIUM ENDOWMENT PLAN (UIN: 512N283V01)LIC's Single Premium Endowment Plan is a participating non-linked savings cum protection plot, where premium is paid in appendix quantity at the outset of the policy. This mixture provides financial auspices neighboring-door-door to death during the policy term behind the provision of payment of lumpsum at the fade away of the fixed policy term in lawsuit of his/her relic. This intention plus takes care of liquidity needs through its go ahead triumph.

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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 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…

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…