LIC new money back plan 25 years (Table No. 821) is a non linked money back plan. That means, it is free from the market risk also provides participation in the profit of the corporation. It provides protection against the unfortunate death of the policy holder in additional to it, it provides survival benefit at the end of every 5 year of the policy term. It also provides maturity benefit in … [Read more...]
New Money Back Plan No. 820 Term 20 years
New Money Back Plan 20 years Plan no. 820 is a non linked money back insurance plan. That means, it is free from the market risk also provides participation in the profit of the corporation. It provides protection against the unfortunate death of the policy holder in additional to it, it provides survival benefit at the end of every 5 year of the policy term. It also provides maturity benefit in … [Read more...]
LIC New Children’s Money Back Plan
LIC New Children's money back plan no. 832 is proposed by LIC of India to secure the future of the child. Even the parents are not there, it provides benefits at the various stages of life of a child also provide life protection of child in the form of insurance coverage. It is a non linked participating money back plan, It provides survival benefit to the child at the age of 18 years 20 years and … [Read more...]
LIC Jeevan Tarun – Children’s Plan with Money Back
LIC Jeevan Tarun (Table No: 834) is a non linked and participating endowment plan that provides insurance coverage to the children. It not only provide insurance coverage but also takes care the basic needs at the certain age of the child. Such as, for education, for marriage, for higher education etc. For meeting these needs, it provides survival benefits at the certain age there are four options … [Read more...]
Jeevan Surabhi
LIC's Jeevan Surabhi Summary: LIC Jeevan Surabhi is a money back plan. Jeevan Surabhi plan is similar to other LIC money back plans. However main differences in regular moneyback plans and Jeevan Surabhi are as Maturity term is more than premium paying term. Early and higher rate of survival benefit payment. A life insurance cover is available throughout the term of the plan. Risk cover … [Read more...]
Bima Bachat
Bima Bachat Summary: LIC Bima Bachat (Table No.175) is a single premium money-back policy. Bima Bachat offers financial security and assurance to the policy holder and his family. Benefits: Death Benefits: During the Term of the policy if the Life Assured is dead, apart from survival benefits if any, paid earlier, an amount equal to SA will be paid. Survival benefits: Survival … [Read more...]
Komal Jeevan
Komal Jeevan Summary: (Table No.159) LIC Komal Jeevan is a children's Money Back Plan that provides financial protection against death during the term of plan with periodic payments on survival at specified durations. Komal Jeevan can be purchased by any of the parent or grand parent or legal guardian for a child aged between 0 year to 10 years. The payment of the premium stops at the age of 18 … [Read more...]
LIC’s Jeevan Bharati-1
Special Money Back Plan for Women LIC Jeevan Bharati 1 Table No. 192 Summary: LIC’s Jeevan Bharati –I Plan no.192 has been designed exclusively for females. This is a money back plan having optional Accident Benefit, Critical Illness Benefit and Congenital Disability Benefit as Riders. Benefits: a) Death Benefit: An amount equal to the Sum Assured under the basic plan along with … [Read more...]
New Bima Gold
LIC's New Bima Gold Summary: (Table No.179) Gold never loses its value, just like LIC Of India's New Bima Gold insurance policy. LIC's New Bima Gold (plan no.179) is a special with profit money back plan that offers 50% of the life cover during extended term even after maturity. Features: Auto-cover Facility: If atleast two full years’ premiums have been paid in respect of this policy, … [Read more...]
Jeevan Varsha – Unique Money-Back Plan with Guaranteed Additions and Loyalty Bonus (Table No. 196)
Jeevan Varsha Summary: LIC’s Jeevan Varsha (Plan No. 196) is a money back plan with Guaranteed Additions and Loyalty Additions, if any. Jeevan Varsha is a close ended plan and it would be open for sale from 16th February, 2009 to 31st March, 2009. 1. Features: Short-Term Money-Back for for 9 Years or 12 years. Policy Term for 9 Years or 12 Years Assured Money-Back every 3 years … [Read more...]