Sunday, 9 September 2018

LIC's Jeevan Shanti - 850


LIC Jeevan Shanti (850)This Plan is a non-linked, non-participating, single premium annuity plan wherein the Policyholder has an option to choose an Immediate Annuity or Deferred Annuity. This plan shall be allowed to lives including third gender. Premium Payment Mode:
Single Premium
Annuity Mode:
• Annuity may be paid either at monthly, quarterly, half yearly or yearly intervals.
Minimum Entry Age :
30 Year Completed

Maximum Entry Age :
• 100 years (last birthday) for Option F in Immediate Annuity
• 85 years (last birthday) except Option F in Immediate Annuity
• 79 years (last birthday) Deferred Annuity

Minimum Sum Assured :
• Rs.1,50,000/-

Maximum Sum Assured :
NO LIMIT

Annuity Option :
1. IMMEDICTE ANNUITY OR 2. DEFERRED ANNUITY
10 OPTIONS FOR IMMEDIATE ANNUITY
2 OPTION FOR DEFERRED ANNUITY : 1. SINGLE LIFE 2. JOINT LIFE

DEFERMENT PERIOD :
1 year to 20 years

CLOSE RELATIVES AS JOINT LIFE ANNUITANTS [ MEANS : GRAND PARENTS / PARENTS / CHILDREN / GRAND CHILDREN OR SPOUSE OR SIBLINGS ]
Surrendered Value :
The policy can be surrendered at any time after three months from the completion of policy.Surrendered shall be allowed under the following annuity options only:
a. Immediate annuity-
i) Option F: Immediate Annuity for life with return of Purchase Price.
ii) Option J: Joint Life Immediate Annuity for life with a provision for 100% of the annuity payable as long as one of the Annuitant survives and return of Purchase Price on death of last survivor.
b. Deferred annuity-
i) Option 1: Deferred annuity for Single life
ii) Option 2: Deferred annuity for Joint life

Loan :
Loan facility shall be available after completion of 1 policy year. Policy loan shall be allowed under the following annuity options only:
a. Immediate annuity-
i) Option F: Immediate Annuity for life with return of Purchase Price.
ii) Option J: Joint Life Immediate Annuity for life with a provision for 100% of the annuity payable as long as one of the Annuitant survives and return of Purchase Price on death of last survivor.
b. Deferred annuity-
i) Option 1: Deferred annuity for Single life
ii) Option 2: Deferred annuity for Joint life

LIC's Jeevan Shanti - 850


Monday, 19 March 2018

LIC's Bima Shree (848)

LIC's Bima Shree plan is a non-linked, with-profits, limited premium payment money back life insurance plan with minimum Basic Sum Assured of Rs. 10 lakh especially designed for targeted segment of High Net-worth Individuals.
  Premium Payment Mode :
Yearly, Halfly, Quarterly, Monthly(ECS)

Term/Ppt :
14/10, 16/12, 18/14 & 20/16 Years

Minimum Entry Age :
8 Years completed

Maximum Entry Age :
55 Years (Nearer Birthday) for Term 14
51 Years (Nearer Birthday) for Term 16
48 Years (Nearer Birthday) for Term 18
45 Years (Nearer Birthday) for Term 20

Maximum Maturity Age :
69 Years (Nearer Birthday) for term 14
67 Years (Nearer Birthday) for term 16
66 Years (Nearer Birthday) for term 18
65 Years (Nearer Birthday) for term 20

Minimum Sum Assured :
Rs 10 lakh (Multiple of 1 lakhs thereafter)

Maximum Sum Assured :
No Limit

Guaranteed Addition :
Rs 50/- per 1000 SA for 1st 5 years
Rs 55/- per 1000 SA for remaining PPT

Policy Benefits :
On Death :
Death during 5 yrs : SA on Death + GA
Death after 5 yrs : SA on Death + GA + LA

*SA on Death* : 125% of BSA or 10 times AP or 105% of Premiums Paid

Survival Benefits :
For 14 yrs policy : 30% of BSA in 10th & 12th year
For 16 yrs policy : 35% in 12th & 14th year
For 18 yrs policy : 40% in 14th & 16th year
For 20 yrs policy : 45% in 16th & 18th year

Maturity time : Remaining SA with GA + LA
Lic's New Critical Illness Benefit Rider available.
Lic's Premium Waiver Benefit Rider available.

Surrendered Value :
The Policy can be surrendered at any time during the policy term provided atleast 2 full years premiums have been paid.

Loan :
Loan Facillity is available under this plan, after payment of premiums for at least 2 full years.

Income Tax Benefit :
• Premium paid under this plan is eligible for TAX rebate under section 80c.
• Maturity under this plan is free under sec 10(10D).

More Details... or Call 9990286759

Monday, 18 December 2017

LIC Jeevan Shiromani Plan 847


LIC Jeevan Shiromani Plan 847 – Features and Review

Plan :Jeevan Shiromani (847)

Product Summary :
LIC is launching a new money back plan LIC Jeevan Shiromani Plan 847 on 19th December 2017.
LIC's Jeevan Shiromani plan is a non-linked, with-profits, limited premium payment money back life insurance plan especially designed for targeted segment of High Net-worth Individuals.

Premium Payment Mode :
Yearly, Halfly, Quarterly, Monthly(ECS)

Term/Ppt :
14/10, 16/12, 18/14 & 20/16 Years

Minimum Entry Age :
18 Years completed

Maximum Entry Age :
55 Years (Nearer Birthday) for Term 14
51 Years (Nearer Birthday) for Term 16
48 Years (Nearer Birthday) for Term 18
45 Years (Nearer Birthday) for Term 20

Maximum Maturity Age :
69 Years (Nearer Birthday) for term 14
67 Years (Nearer Birthday) for term 16
66 Years (Nearer Birthday) for term 18
65 Years (Nearer Birthday) for term 20

Minimum Sum Assured :
Rs 1 crore (Multiple of 5 lakhs thereafter)

Maximum Sum Assured :
No Limit

Guaranteed Addition :
Rs 50/- per 1000 SA for 1st 5 years
Rs 55/- per 1000 SA for remaining PPT

Policy Benefits :

On Death :
Death during 5 yrs : SA on Death + GA
Death after 5 yrs : SA on Death + GA + LA

*SA on Death* : 110% of BSA or 10 times AP or 105% of Premiums Paid

Survival Benefits :
For 14 yrs policy : 30% of BSA in 10th & 12th year
For 16 yrs policy : 35% in 12th & 14th year
For 18 yrs policy : 40% in 14th & 16th year
For 20 yrs policy : 45% in 16th & 20th year

Maturity time : Remaining SA with GA + LA

Inbuilt Critical Illness Benefit:
10% of BSA on diagnosis of 15 Critical diseases + 2 years Premium Holiday

Surrendered Value :
The Policy can be surrendered at any time during the policy term provided atleast 3 full years premiums have been paid.

Loan :
Loan Facillity is available under this plan, after payment of premiums for at least 1 full years.

For more information call 9990286759 or visit http://licagentindelhi.in

Tuesday, 5 September 2017

LIC Jeevan Utkarsh Plan 846


LIC Jeevan Utkarsh Plan 846

Product Summary:
LIC’s Jeevan Utkarsh is a single premium, non-linked, with-profits, savings cum protection plan wherein the risk cover is ten times of Tabular Single Premium.

Premium Payment Mode:
Single Premium

Term:
12 Year

Minimum Entry Age:
6 years (completed)

Maximum Entry Age: 47 years (nearer birthday)

Minimum Sum Assured :75,000

Maximum Sum Assured :NO LIMIT (Depending upon Income)

Basic Sum Assured shall be in multiples of:
Rs. 5,000 – if Basic Sum Assured under a policy is below Rs. 3,00,000

Rs. 20,000 – if Basic Sum Assured under a policy is Rs. 3,00,000 and above

Policy Benefits :
On Death :
On death during first five policy years:
Before the date of commencement of risk: Refund of single premium excluding service tax and extra premium, if any, without interest.

After the date of commencement of risk: Basic Sum assured i.e. 10 times the tabular single premium shall be payable.

On death after completion of five policy years but before the stipulated Date of Maturity:
Basic Sum assured i.e. 10 times the tabular single premium along with Loyalty Addition, if any, shall be payable.

On Survival:At Maturity Time :On the Life Assured surviving to the end of the policy term, the Maturity Sum Assured along with Loyalty Addition, if any, shall be payable

Surrendered Value:The policy can be surrendered at any time during the policy term subject to realization of the premium cheque.

Loan:Loan facility shall be available under the plan at any time during the policy term after three months of the policy issuance.

Income Tax Benefit:• Premium paid under this plan is eligible for TAX rebate under section 80c.
• Maturity under this plan is Tax free under sec 10(10D).