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 […]
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 […]
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 […]
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.
ULIPs and mutual fund are similar type of investments but not same. As we know mutual funds are more into investments; whereas ULIPs are into investments as well as insurance. When we look into the basic concept the difference between the two is very small, and mainly consists of product structure and risk coverage.
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.
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.
LIC’s Profit Plus (Plan No.188) is a Unit Linked Endowment Insurance Plan. Profit Plus (ULIP) is designed for common man to enhance their savings and financial protection to their family. Four types of investment Funds are offered in Profit Plus. The Policyholder has the option to choose any ONE out of the following 4 funds. Bond, Secured, Balanced and Growth.
LIC Jeevan Tarang is a whole Life Money Back Plan for you or your children. It gives you survival benefit of 5.5% of the sum assured GUARANTEED for LIFETIME This unique policy is a perfect financial planning tool for you or your child. Your child stays financially protected for life. you pay premium for only a short period – onetime or, 6,10,15 or 20 years. And guess what !! the policy then keeps paying you EVERY YEAR for your LIFETIME apart from Bonus at the end of period plus covers life for the lifetime! LIC’s life time money back policy A Deferred Annuity Plan.
For Example: If you go for Rs.10 lakh Sum assured policy then you would receive Rs.10 Lakh on maturity + Bonus + Rs.55000/- per year till you or your child is survive. That how unique this plan is.