LICs Jeevan Shagun Plan No 826

New LIC Plan launched Jeevan Shagun – Single Premium Multiple Benefit

Non Linked, Single premium, MONEY BACK Closed-ended plan launch on 1st Sept. Available for sale only for 90-days.

FEATURES OF JEEVAN SHAGUN (Table No. 826)

• Single premium MONEY BACK closed ended Policy (90-days only)
• Term is 12 years
• Survival Benefit @ 15% MSA at the end of 10th year
  @ 20% MSA at the end of 11th year
  @ 65% MSA on Maturity along-with LA
• Loan & Surrender available from 2nd year onwards
• Death claim within 5 years: 10 times of Tabular SP
• Death Claim after 5 years: 10 times of Tabular SP + LA
• Agents commission: 2%
• Surrender at any time.
• GSA: 1st yr 70% of tab SP. 2nd yr onwards 90%.
• Special Surrender Value.
• After 5yrs with Loyalty Addition
• Eligibility: For 8yrs completed to 45 yes nbd.
• Maturity SA: Minimum 60,000 and Max no limit
• Rebate: on 1000 MSA reduction in tab SP
  <1,50,000 : Nil
  1.5 to 3.95 lacs : Rs.15
  4 lacs & above : Rs.20

Premium example

• Age 8 Yrs MSA Rs.1,00,000=Rs.50,880.
• Age 20 Yrs MSA Rs.1,00,000=52,390.
• Age 25 Yrs MSA Rs.1,00,000=Rs.52,803.
• Age 30 Yrs MSA Rs.1,00,000=Rs.53,736.
• Age 35 Yrs MSA Rs.1,00,000=Rs.56,019.
• Age 40 Yrs MSA Rs.1,00,000=Rs.61,380.
• Age 45 Yrs MSA Rs.1,00,000=Rs.74,106

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Varishtha Pension Bima Yojna (VPBY) by Govt. of India - Plan 828

Varishtha Pension Bima Yojna (VPBY) – New plan relaunch for 1-year (15th August’14 to 14th August’15)

For the welfare of the senior citizens of our country, the Govt. of India announces a subsidised & attractive Pension Scheme, with LIC as the exclusive administrator.

Eligibility for Varishtha Pension Bima Yojna (Plan No 828):-

• Age-60 and above.
• Single lump sum premium
• Minimum Rs.66,665
• Maximum Rs 6,66,665
• Minimum pension Rs. 500 per month
• Maximum pension Rs. 5,000 per month
• Assumed return of of 9% monthly (9.38% Annually)
• Pension payment period : Monthly, Quarterly, Half yearly or Yearly.
• On demise of the pensioner, nominee will receive the purchase price.

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JEEVAN RAKSHAK Table No.827

INTRODUCTION OF LICs JEEVAN RAKSHAK (Plan No.827)

Introducing LICs Jeevan Rakshak (Plan No. 827). The Unique Identification Number (UIN) for LICs Jeevan Rakshak Plan is 512N289V01. This number has to be quoted in all relevant documents furnished to the Policyholders and other users (public, distribution channels).

This is a regular premium paying Non-linked, With-Profits, Endowment Assurance plan. This plan shall be available to standard lives only under non-medical limit and the total Sum Assured under all the policies issued to an Individual under this plan shall not exceed Rs. 2 lacs.

This is a regular premium paying non ULIP with profit endowment plan. The total Sum Assured under all policies issued to an individual under this plan shall not exceed Rs.2 Lakh

SPECIAL FEATURES OF JEEVAN RAKSHAK :

• 30% Lower Premium than Endowment
• 75,000 Minimum Sum Assured
• No Medical Exam for ALL Ages
• Loan Facility
• Attractive Loyalty Additions
• Accidental Death Cover
• Back Dating Facility
• Grace Period for Payment
• special surrender value
• Revival within 2 yrs
• Free Look period be Payable.

Click For More detail features of JEEVAN RAKSHAK Plan

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