LIC’s Jeevan Sugam Review, Benefits | New Plan 2013LIC launched new plan called “Jeevan Sugam”. single premium limited period plan. LIC agent in Chennai, Apply for LIC policy Online! Buy LIC Contact our LIC Agent:9940240384. for new lic policy.save Money, Time and Effort.It’s Easy!
2013 LIC’s New Jeevan Nidhi Plan is a conventional with profits pension plan which provides for death cover during the deferment period and offers annuity on survival to the date of vesting.
LIC Jeevan Saral is an Endowment Assurance Policy related to mode and amounts of premiums paid. The policyholder gets the death benefits through this plan based on insured amounts. What you get at maturity depends upon the entry age. At the end of the plan term, get back the total sum as it stands on maturity
Benefits of the Jeevan Saral include high liquidity and term flexibility. It is possible to choose the mode of payment of premium amounts through salary deductions on a yearly, quarterly, half-yearly, or monthly basis. The death benefit of the policyholder’s family includes sums in the range of 250 times the monthly premiums plus loyalty additions, which are terminal bonuses- a top up on maturity and death benefits.
Maturity benefit is payable in the form of a lump sum. Those who want to get extra benefits from LIC Jeevan Saral plan need to pay additional premiums. There is also the scope for early termination of the plan with an option for partial surrender. However, this is possible only after 3-year continuation. In such cases, it is possible to get back 30% of the total amounts paid in premiums until then, excluding the first year premiums. LIC reviews the surrender value from time to time and considers it in term of experience and economic environment.
LIC Jeevan Anand plan is a blend of endowment insurance and whole life plan. This plan provides dual benefit to an individual with assured bonus at the time of maturity. It is a plan providing sum assured as per the policy with bonus at the time of maturity of the policy but death cover continues to exist till an individual is deceased. Further, at the time of death of the insured, additional sum assured is given to the nominee of the insured and after which policy gets terminated. But in case an individual dies within the policy tenure, sum assured is provided to the nominee and policy is terminated at that point and nothing further is provided to the nominee. The plan has extraordinary bonus rate, abundant liquidity features with low cost premium suitable for every class.
LIC New Bima Gold Plan is a combination of a money back plan and endowment plan with extended cover beyond premium paying term. Hence it is categorized under Special Plans. Lic of India: Lic India Authorised Agent Based in Chennai contact for New Lic Policy 9940240384 and Latest Insurance Plan From Lic India.