LIC Jeevan Anurag LIC Jeevan Anurag Policy is similar to Jeevan Chhaya plan if it is mixed with Profit Plan, but the advantage is that the minimum term is 5 years whereas in Jeevan Chhaya, minimum term is 18 years. This plan is suitable for person who want to provide funds for children’s education/marriage and [...]
LIC Jeevan Saral W.e.f. 16-02-2004 General Conditions: Min. age at entry: 12 years (completed). Max. age at entry: 60 years (nbd). Modes Rebate: Yearly 2%; Half yearly 1% Max. Maturity age: 70 years. Modes Allowed: Yly/Hly/Qly/SSS Accident benefit per 1000 SA: Re. 1 extra. Min Term: 10 years. Max Term: 35 years. Premium in multiples: [...]
Lic Jeevan Amrit W.e.f. 28-05-2007 General Conditions: Min. age at entry: 12 year (lbd). Max. age at entry: 6 years (nbd). Min. S.A.: Rs. 1 lakh. Max. SA.: Any amount. Max. Maturity age: 70 years (nbd). Modes Allowed: Yly/Hly Min Term: 10 years. Max Term: 30 years. Modes Rebate: Yly 2%; Hly- Nil Premium paying [...]
Lic Jeevan Shree 1 with convenient premium paying terms, this plan is like an Endowment plan suitable for high earning people. W.e.f. 01-09-2003 General Conditions: Min. age at entry: 18 year (lbd). Max. age at entry: 65 years (nbd). Min. S.A.: Rs. 5 lakhs. Max. SA.: Any amount. SA in multiples: Rs. 1 lakh. Max. Maturity age: [...]
LIC Jeevan Chhaya is suitable for a person who wants to provide funds for their daughter’s marriage. This policy is open even to bachelors. This plan is NOT allowed for (1) When occupation Extra is chargeable (2) Pregnant ladies. W.e.f. 01-03-1991 LIC Jeevan Chhaya General Conditions: Min. age at entry: 18 year. Max. age at entry: 47 years. Min. S.A.: [...]
LIC Jeevan Mitra plan is best suitable for people who are insurance oriented and also want to provide a big sum insurance protection to their family, in case of their unfortunate death. It is mostly preferred by traveling persons like Marketing executives, Medical representatives, Sales representative, etc… This plan is NOT allowed for non-earning majors including students. (b) When occupational [...]
LIC Child CAREER Plan (Table 184) and Child FUTURE Plan (Table 185): The features of both the plans remain similar except for Survival Benefit & Death Benefit even though these are two different plans (T-184 & T185). Proposer can choose either plans to suit the needs, such as education / marriage/Career/ Risk Coverage depending upon [...]
LIC New Janaraksha Policy This plan is best suited for people whose job is not secured with irregular income. Example, farmers, milk vendors, petty businessman. 1. This plan is allowed for Physically handicapped lives under group A. 2. Widows belonging to category III can’t take this plan. 3. A max. SA of Rs 1 lakh [...]
LIC Jeevan Vishwas Jeevan Vishwas plan is issued only to people who have handicapped dependent. Handicapped Dependent should be a relative of the proposer. (a) Policy is eligible for high sum assured rebate. (b) Payment will be made to the nominee who will either be Handicapped dependent or any other person . (c) After 3 [...]
LIC Bima Nivesh W.e.f. 21-03-2005 General Conditions: Min. age at entry: 13 years completed. Max. age at entry: 70 years. Min. S.A.: Rs. 25000. Max. SA.: Any Amount. SA in multiples: Rs. 5000. Max. Maturity age: 75 years. Modes Allowed: Single premium. Terms Allowed: 5 and 10 years. Requirements in writing: Risk Coverage: SA + [...]
Lic Jeevan Pramukh W.e.f. 01-11-2004 General Conditions: Min. age at entry: 18 years completed. Max. age at entry: 65 years (nbd). Min. S.A.: Rs. 10 lakhs. Max. SA.: Any Amount. SA in multiples: Rs. 1 lakh. Max. Maturity age: 75 years (nbd). Modes Allowed: Yly/Hly/Qly/Mly Min Term: 5 years. Max Term: 25 years. Premium Paying [...]
LIC Children Plan This plan (Table number 41 and 50) is launched specially for Indian Children. It has many benefits for if you get this policy for your son or your daughter. Here are more details about great policy. General Conditions: Min. age at entry: 0 years. Max. age at entry: 17/14 years. Min. Maturity Age [...]