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Tuesday, June 24, 2014

                  New Jeevan Anand T-815      

 LIC has re-launched its “Jeevan Anand” plan, attractive combination of protection and savings.This product provides financial protection against death throughout the lifetime of the policyholder with a special feature wherein it offers cover for whole life even after payment of maturity amount.
The policy can be taken from age 18 years to 50 years with age of policyholder on policy maturity age not exceeding 75 years. 

The policyholder can choose policy term from minimum 15 years to maximum of 35 years. 

Monday, June 23, 2014

   LIC's New Endowment Plan T-814  

LIC’s New Endowment Plan is a participating non-linked stocks which offers an attractive combination of protection and saving features. This combination provides financial support for the family of the deceased policy holder any time before maturity and good lump sum amount at the time of maturity for the surviving policyholders. This plan also takes care of liquidity needs through its loan facility.

Benefits:

Sunday, June 22, 2014

LIC's Single Premium Endowment Plan  T- 817




LIC's Single Premium Endowment Plan is a participating non-linked savings cum protection plan, where premium is paid in lump sum at the outset of the policy. This combination provides financial protection against death during the policy term with the provision of payment of lumpsum at the end of the selected policy term in case of his/her survival. This plan also takes care of liquidity needs through its loan facility.


LIC's New Money Back Policies T- 820 (Policy Term-20)  T- 821( Policy Term-25)



LIC's New Money Back Plan-20 years is a participating non-linked plan which offers an attractive combination of protection against death throughout the term of the plan along with the periodic payment on survival at specified durations during the term. This unique combination provides financial support for the family of the deceased policyholder any time before maturity and lump sum amount at the time of maturity for the surviving policyholders. This plan also takes care of liquidity needs through its loan facility.

Benefits:



New Bima Bachat T- 816



New Bima Bachat is a single premium policy from LIC. It is combination of  savings cum protection plan, where premium is paid in lump sum (Single) at the outset of the policy. and also it is a money-back plan which provides financial protection against death during the policy term with the provision of payment of survival benefits at specified durations during the policy term. In addition, on maturity, the single premium shall be returned along with Loyalty Addition, if any. This plan also takes care of liquidity needs through its loan facility.


BENEFITS:



 LIC’s  Anmol Jeevan - II  T- 822

 Amulya Jeevan - II  T- 823


LIC’s Anmol Jeevan - II is a protection plan which provides financial protection to the insured’s family in case of his/her unfortunate demise.

Benefits:


LIC's Jeevan Nidhi T- 818

LIC’s New Jeevan Nidhi Plan is a Endowment With profits pension plan with a combination of protection and saving features. This plan provides for death cover during the deferment period and offers annuity on survival to the date of vesting.

Benefits:

Benefit on Vesting:  Provided the policy is in full force, on vesting an amount equal to the Basic Sum Assured along with accrued Guaranteed Additions, vested Simple Reversionary bonuses and Final Additional bonus, if any, shall be made available to the Life Assured.


The following options shall be available to the Life Assured for utilization of the benefit amount.


LIC's New Jeevan Akshay -VI


It is an Immediate Annuity plan,(Immediate Pension Plan), which can be purchased by paying a lump sum amount. The plan provides for annuity payments of a stated amount throughout the life time of the annuitant. Various options are available for the type and mode of payment of annuities.

Options Available:
The following options are available under the plan

Type of Annuity (Pension):

           LIC's New Jeevan Arogya-T 904


LIC has introduced a Modified Jeevan Arogya plan which launched on 16th November 2013. Kindly note that the Plan Number for this modified plan is 904.The modifications are given as under:
Standard definitions have been incorporated in Policy Document for all standard terms defined in the new guidelines.Only yearly and half yearly modes of premium payment shall be available
Children covered under the policy shall be provided the option to take a new policy on renewal of the Policy after completion of 18 years of age or at the end of the maximum cover ceasing age (i.e.25 years) under the current policy.....Service Tax will be separately collected along with the premium.
All other features are same as Jeevan Arogya 903,,

Friday, June 20, 2014


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