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. Four types of investment Funds are offered. Premiums […]
Jeevan Sathi
December 27, 2011 By 1 Comment
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. Premiums modes for […]
Jeevan Amrit Review
December 27, 2011 By 1 Comment
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. Jeevan Amrit Options: You may choose Sum Assured (S.A.), Premium Paying Term, Policy Term and Mode of premium payment. Jeevan Amrit Payment […]
Child future plan from LIC
December 27, 2011 By 1 Comment
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 […]
Jeevan Kishore Plan Review
December 25, 2011 By 3 Comments
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 […]
LIC’s Money Back with Profit
December 25, 2011 By 1 Comment
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 […]
LIC’s Pension Plus
December 24, 2011 By 1 Comment
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. LIC’s Pension Plus provide option of investing premiums in one of the two types of investment funds available. Premiums paid after deduction of allocation charge will purchase […]
LIC’s Jeevan Arogya Review
December 19, 2011 By 1 Comment
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 […]
Lic’s New Bima GOLD Review
December 19, 2011 By 7 Comments
Lic’s New Bima GOLD is a special plan where premiums paid over the term of plan are paid back during the policy term in installments and life insurance cover is available not only during the term but also during the extended term of the plan. It is a good plan for insurance investors who are […]
LIC Jeevan Saral – Monthly Saving Scheme
December 13, 2011 By 4 Comments
LIC Jeevan Saral – Monthly Saving Scheme Highlights Get 10 Lac in 16 Years for any Future requirement by paying just Rs 2042/month. OR Get 15 Lac in 16 years for any Future requirement by paying just Rs 3063/month. Partial or Full withdrawal available after 10 years. Tax exempt Maturity under section 10(10D). On death […]