Home Services Investment - Financial Planning Ad ID: 1171437 Posted 103 month ago  in Rajasthan Classifieds 1633 people saw this post
LIC Plan: New Jeevan Anand (815) & New Money Back -25 years Jaipur

Services
Investment - Financial Planning
Rajasthan
Sodala
Offer


LIC's New Jeevan Anand Plan is a participating non-linked plan which offers an attractive combination of protection and savings. This combination provides financial protection against death throughout the lifetime of the policyholder 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.

Eligibility Conditions and Other Restriction:

For Basic plan

a) Minimum Basic Sum Assured : Rs. 100,000

b) Maximum Basic Sum Assured : No Limit

(The Basic Sum Assured shall be in multiples of Rs. 5000/-)

c) Minimum Age at entry : 18 years (completed)

d) Maximum Age at entry : 50 years (nearest birthday)

e) Maximum Maturity Age : 75 years (nearest birthday)

f) Minimum Policy Term : 15 years

g) Maximum Policy Term : 35 years

Payment of Premiums:

Premiums can be paid regularly at yearly, half-yearly, quarterly or monthly intervals (through ECS only or through salary deductions) over the Policy Term.
Death benefit :

Provided all due premiums have been paid, the following death benefit shall be paid:

On Death during the policy term: Death benefit, defined as sum of Sum Assured on Death and vested Simple Reversionary Bonuses and Final Additional bonus, if any, shall be payable. Where, Sum Assured on Death is defined as higher of 125% of Basic Sum Assured or 10 times of annualised premium. This death benefit shall not be less than 105% of all the premiums paid as on date of death.

The premiums mentioned above exclude service tax, extra premium and rider premiums, if any.

On death of policyholder at any time after policy term: Basic Sum Assured

Benefits payable at the end of Policy Term: Basic Sum Assured, along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable in lump sum on survival to the end of the policy term provided all due premiums have been paid.
Contact:- LIC Agent Jaipur

LIC's New Money Back Plan-25 years :-

Eligibility Conditions and Other Restrictions:
1. Minimum Basic Sum Assured : Rs. 100,000
2. Maximum Basic Sum Assured : No Limit
(The Basic Sum Assured shall be in multiples of Rs. 5000/-)
1. Minimum Age at entry for Life Assured : 13 years (completed)
2. Maximum Age at entry for Life Assured : 45 years (nearest birthday)
3. Maximum Maturity Age for Life Assured : 70 years (nearest birthday)
4. Term : 25 years
5. Premium paying term : 20 years

Payment of Premiums:
Premiums can be paid regularly at yearly, half-yearly, quarterly or monthly mode (through ECS only) or through salary deductions over the term of policy.

1. Benefits:
Death benefit: On death during the policy term provided the policy is in full force, death benefit, defined as sum of “Sum Assured on Death” and vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable. Where, “Sum Assured on Death” is defined as higher of 125% of the Basic Sum Assured or 10 times of annualized premium. This death benefit shall not be less than 105% of the total premiums paid as on date of death.

The premiums mentioned above exclude tax, extra premium and rider premium, if any.
Survival Benefits: In case of Life Assured surviving to the end of the specified durations 15% of the Basic Sum Assured at the end of each of 5th, 10th, 15th & 20th policy year.
Maturity Benefit: In case of Life assured surviving the stipulated date of maturity, 40% of the Basic Sum Assured along with vested Simple Reversionary Bonuses and Final Additional bonus, if any, shall be payable.

This plan also takes care of liquidity needs through its loan facility.

Contact:- LIC Agent Jaipur


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Seller Details

 Sushil

 Rajasthan

 09785080068

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