LIC's Jeevan vriddhi highlights and Features

LIC's New Jeevan vriddhi highlights — Presentation Transcript

1. Excellent Guaranteed Returns atMaturityIdeal combination of Insurance andReturns.Life Cover – Five times the Premium.Loyalty Addition, if any payable on maturity Easy Liquidity.
2. Single Premium non-linked close endedplan.Maturity Benefit: Guaranteed Maturity Sum Assured andLoyalty Addition, if any.Death Benefit: Basic Sum Assured. *
3. Eligibility Conditions: 
1. Age at entry 8 years to 50 years
2. Policy Term 10 years
3. Premium Mode Single Premium Minimum Rs.30000/- onwards in multiples of Rs.1000/-Sum Assured 150000/- to No upper limit. Others Service Tax at the prevailing rate applicable on premium.
4. Benefits
1. Maturity Benefit Guaranteed Maturity Sum Assured Plus Loyalty Addition, if any.
2. Death Benefit * Basic Sum Assured (BSA) BSA = 5 times single premium excluding extra premium, if any.
3. #Loyalty Addition Loyalty Addition, if any, shall be payable at the rate as declared by the Corporation. LiquidityLoan Facility Available after completion of one year.
5. High Premium Rebate: Basic Premium Increase in Guaranteed Maturity Sum Assured Below Rs. 50,000 Nil Rs. 50,000 to Rs. 99,000 1.25% Rs. 100,000 and above 3.00% Surrender of PolicySurrender Value is available after expiry of one policy year.Higher of Guaranteed Surrender Value (GSV) and SpecialSurrender Value(SSV) is payable. The Special SurrenderValue will be the ‘Discounted Value’ of the GuaranteedMaturity Sum Assured and will depend on the policy term andthe duration elapsed since commencement of the policy.
6. REASONS TO INVES…Right Plan. Right Time. Right Term. Right Return. Right Insurance. Right Person .Secure immediately. Plan commences from 1st of March 2012

Jeevan vriddhi highlights