April 8, 2012
Lic Money Plus-I is a unit linked Endowment plan with regular premium paying term which offers investment cum insurance during the term of the policy. You can choose the level of cover within the limits, which will depend on the level of premium you agree to pay.
December 27, 2011
Jeevan Sathi is an Endowment Assurance Plan from LIC and it is issued on the lives of husband and wife. Jeevan Sathi plan provides financial protection against death of both the lives. It pays the maturity amount on survival of one or both the lives to the end of the policy term.
December 27, 2011
Under LIC’s Jeevan Amrit plan premium payment is limited to 3 or 4 or 5 years and the premium payable during the first year is higher than the premiums payable in subsequent years.
December 27, 2011
Child future plan from LIC is specially designed to meet the increasing educational, marriage and other needs of growing children. It provides the risk cover on the life of child not only during the policy term but also during the extended term (i.e. 7 years after the expiry of policy term). A number of Survival benefits are payable on surviving by the life assured to the end of the specified durations.
December 25, 2011
Jeevan Kishore is an Endowment Assurance Plan available for children of less than 12 years of age. The policy may be purchased by any of the parent/grandparent. Jeevan Kishore is offered by India’s biggest life insurance company LIC.
Commencement of risk cover for Jeevan Kishore:
The risk commences either after 2 years from the date of commencement of policy or from the policy anniversary immediately following the completion of 7 years of age of child, whichever is later.
December 25, 2011
LIC’s Money Back with Profit policy provides periodic payments of partial survival benefits as follows during the term of the policy, of course so long as the policy holder is alive. In the case of a 20-year Money-Back Policy (Table 75), 20% of the sum assured becomes payable each after 5, 10, 15 years, and the balance of 40% plus the accrued bonus become payable at the 20th year.
December 24, 2011
LIC’s Pension Plus is a unit linked deferred pension plan, which provides you a minimum guarantee on the gross premiums paid. The plan is without any life cover.
December 19, 2011
LIC’s Jeevan Arogya is a health insurance plan. LIC has launched Jeevan Arogya targeting rapidly growing health insurance market in India. LIC being the biggest life insurance company in India is able to provide better services and claims to its customer. Jeevan Arogya is expected to be as good as other LIC products and its claim ratio is also going be as good as life insurance claim ratio.
December 19, 2011
Survival Benefit:
December 13, 2011
LIC Jeevan Saral – Monthly Saving Scheme