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 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 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 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 [...]
LIC Marriage Endowment/Educational Annuity for Children policy is specially Framed for Child’s Education and their Marriage. It is a good Policy for children less than 10 years. LIC Marriage Endowment/Educational Annuity General Conditions: Minimum Term: 5 years Maximum Term: 25 years Min. S.A.: Rs 50,000 Max. S.A.: Any amount Min. age at entry: 18 years Max. Age [...]
LIC Table 89 : Jeevan Saathi Plan W.e.f. 01-07-1985 ….JeevanSathi General Policy Condition….. Min. age at entry 20 yrs Max. age at entry 50 yrs Max. Maturity age 70 years Min. Term 15 years Max. Term 30 years Accident benefits per 1000 SA Rs. 2 extra Min. S.A. Rs 50000 Max. S.A. No Limit Modes allowed All [...]
LIC Children Deferred Endowment Assurance plan is designed in such a way that the parent or legal guardian or any other near relative of the child to provide for the child’s future by payment of a very low premium. Under this policy, the risk commences at a selected age. The main advantage of this LIC Children Deferred Endowment Assurance plan is [...]
LIC Limited Payment Endowment provides the flexibility of choosing the Premium Paying Term (PPT). If you want to pay premium only for few years then this is the right endowment plan for you. All other features are quite similar to Endowment Assurance plan Table 14. W.e.f 15-12-1956 The best part of the“Limited Payment Endowment” policy is that, [...]