LIC Bima Bachat policy is a single premium Money back Type Plan W.e.f. 14-11-2005. Survival benefits (15% of SA) are paid at 3rd, 6th, 9th & 12th policy year respectively depending on the policy term. On maturity the single premium paid along with Loyalty addition if any will be paid back. Tips LIC Bima Bachat General [...]
Lic Money Back Policy Table75 and Table 93 Table 75: W.e.f. 01-09-1976 Table 93: W.e.f. 01-09-1986 MoneyBack plan is suitable for professionals and businessmen as money available at regular intervals. Once in a 5 years, a portion of SA viz., Survival Benefit is paid as a percentage. Life risk cover for the entire sum assured [...]
LIC Jeevan Surabhi plan is suitable for professionals & Businessmen as money available periodically. One has to pay premium for 12 years only for a policy of 15 years. Similarly, One has to pay premium for 15 years only for a policy of 20 years and One has to pay premium for 18 years only [...]
LIC New Bima Gold Table 179 W.e.f. 04-09-2006 New BimaGold Requirements: Minimum age at entry: 14 years completed. Maximum age at entry: 57/51/45 years (nb) Minimum Sum Assured: Rs. 50,000 Maximum Sum Assured: Any Amount. SA is multiples: Rs. 5000 Term: 12/16/20 years. Extended Term: 6/8/10 years. Age at expiry of extended term: 75 years [...]
LIC Jeevan Varsha Policy is close ended money Back plan with 9 & 12 years policy term. For both policy Terms of 9 &12, the PPT will be 9 years only i.e. one has to pay premium only for 9 yrs. The Survival Benefit will be paid at the end of 3rd, 6th, 9th & 12th [...]
LIC Table 192 : Jeevan Bharti 1 General policy conditions Min. age at entryMax. age at entryMax. maturity age Terms Allowed Min. S.A Max. S.A S.A in multiples of Modes Allowed Accident Benefit Per 1000 S.A 18 yrs. Compl.55 yrs. Nbd70 yrs nbd 15&20 yrs. Rs.50,000 Rs.25 Lac Rs.500 YLY/SSS only No rebate Rs.1 extra [...]