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Category Archives: Single Premium policy

LIC Jeevan Sugam

LIC Jeevan Sugam (Table No. 813) is latest addition to single premium investment plan in LIC’s portfolio. This is non-ULIP guaranteed maturity plan.  Anyone between 8 years to 45 years of age can invest in this insurance cum investment plan. The plan term is 10 years, but you can surrender it anytime or even you can take loan on policy next day itself ... Read More »

LIC Jeevan Vaibhav

LIC Jeevan Vaibhav (Plan No.809) is a non-linked one time premium endowment assurance policy. Jeevan Vaibhav is a guaranteed return plan. Being a non-linked plan share market risk is Nil. Policy Availability: LIC Jeevan Vaibhav is a close ended plan. It will be available for sale from 21st May, 2012 for a maximum period of 120 days. Benefits: Death Benefit: ... Read More »

LIC Jeevan Vriddhi

LIC Jeevan Vriddhi (Plan No.808) is a single premium investment plan which offers guaranteed returns. Jeevan Vriddhi is a traditional plan so share market risk is not involved in this close ended plan. The plan is launched on 1st March 2012 and will be avialable for investment till 120 days only after which the plan will no longer be available ... Read More »

Bima Nivesh 2005

Bima Nivesh 2005 is a plan with compound rate of guaranteed additions and loyalty additions . This is the revised version of our popular Bima Nivesh Plan 2004 and is introduced to meet the overwhelming demand for a single premium plan from our customers . It is a single premium, ideal investment plan for those who have no regular income but good periodical income. Bima Nivesh 2005 is available for terms 5 and 10 years. The guaranteed surrender value is payable after the policy has run for at least one year. Term Assurance Rider is also available by payment of a single premium at the option of the proposer. Read More »

Jeevan Nidhi – Pension Plan

LIC's Jeevan Nidhi is a with-profits pension plan which provides for death cover during the deferment period and on survival to the date of vesting, the maturity proceeds are compulsorily to be used for purchase of annuity. Read More »

Bima Bachat

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. Read More »

LIC Wealth Plus

LIC’s Wealth Plus is a ULIP insurance plan that protects your investment from market fluctuations, so that your investments are protected in financially volatile times. Wealth Plus offers Guarantee of the highest NAV in the first 7 years of the policy, subject to a minimum of Rs.10. Read More »

Jeevan Nischay

Jeevan Nischay is a single premium policy with guaranteed maturity benefits exclusively for existing LIC policy holders. Jeevan Nischay is a close ended plan wherein a person can take policy on his/ her own life by paying single premium. Read More »

Jeevan Mangal – Micro Insurance

LIC’s Jeevan Mangal is a term assurance plan with return of premiums on maturity. "Jeevan Mangal" - the micro insurance product is customized to cater to the distinct needs of the most vulnerable low income sections of Indian population. The Premium starts from Rs.15 per week. Read More »

LIC’s Jeevan Saathi Plus (ULIP Plan)

LIC’s Jeevan Saathi Plus is a unit linked plan (ULIP) wherein a couple can take the insurance cover on their lives under a single policy. The proposer under the plan shall be called Principal Life Assured (P.L.A.) and the other life (wife/husband) shall be called Spouse Life Assured (S.L.A.). The premiums can be paid either in lump sum (single premium) or regularly throughout policy term. The P.L.A. can choose the level of cover (Sum Assured) for both lives within the limits, which will depend on whether the policy is a Single premium or Regular premium contract, age and the amount of premium agreed to pay. For regular premium policies, in case of death of the P.L.A. during the term of the policy, the plan also provides for waiver of all future premiums including outstanding premiums, if any, provided life cover is in force. Read More »