LICs High in Demand - Low Premium Plan (with about 50% discount in the Premium every year by LIC of India) - Jeevan Rakshak (Plan No 827) A Central Govt. initiative in participation with LIC of India for its Vision 2020 i.e. to insure all Indians, hence premium charged is just 50% as compared to LICs Jeevan Anand Plan & & no medical checkup required for this plan. Illustration of premium is: Age - 8 to 55 years Max Maturity Age - 70 years Sum Assured - Rs. 2 Lacs Term 20 years Age 8 - Yearly Premium Rs. 6793 Age 30 - Yearly Premium Rs. 7058 Age 50 - Yearly Premium Rs. 8421 Return after 20 years - Rs. 3,68,000 U dont even pay the complete 2 Lacs in the 20 years instead just Approx 1.4 to 1.6 lacs. LICs Jeevan Rakshak Plan is a participating non-linked plan which offers a combination of protection and savings, (endowment plan). This plan is highly beneficial for people aged between 8 to 55 years. The scheme is available for customers aged between 8 years and 55 years. The plan offers individuals a total sum not exceeding Rs. 2 Lakh and will cover an amount that is 10 times higher than the annualized premium or 105 per cent of total premiums paid, the company said in a statement. The loyalty addition is payable after five years in case of claim during the term of the policy or on account policy holder surviving till the end of the policy term. Accidental benefit is available as an option by payment of additional premium and loan facility is available after payment of full premium of three years. THANK YOU MAYUR KEWALCHANDJI NAHAR LEEMAN Services Lmnindia Secure Your Beloved 08655737179 / 022-39317742 INSURE NOW, NOT BECAUSE YOU ARE TO DIE, BUT THEY (FAMILY) ARE TO LIVE. Specialized in: LIC, Civil Engineering / Construction Insurance, Mediclaim, Employees Insurance & Personal Accident Insurance. We provide services in Life Insurance, Mediclaim, Personal Accident Insurance, Vehicle Insurance, Fire & Burglary Insurance, Travel Insurance, Public Liability, Marine Cargo Insurance, Business Risk, Engineering Insurance. GET LIFE LONG RISK COVER TILL AGE 100 & RETIRE HAPPY WITH REGULAR INCOME PLANS ASSURED FROM LIC OF INDIA.
Posted on: Wed, 26 Nov 2014 06:53:28 +0000