Jeevan Kishore

Jeevan Kishore - Sample Presentation with Example

Jeevan Kishore

Proposer         : Mr. X                Age: 32 Years

Policy Holder : Mr. Y              Age: 0 Year.

Policy Amount: Rs.2,00,000/-

Policy Term: 20 yrs.

Premium Amounts:

Payment Mode	Premium
Yearly	Rs.9556 /-
Half Yearly	Rs.4858 /-
Quarterly	Rs.2469 /-

Maturity Benefits:

            On maturity of the policy the Sum Assured (Rs.2,00,000 /-) + Bonus + FAB, if any will be paid to the policy holder.

                                 

What is paid for 20 years		What your child gets
Yearly	Rs.1,91,120/- - T.B for 20 years	SA – 2,00,000 + Bonus – 1,68,000 ( estimated @ Rs.42  per 1000 SA for 26 years.)+  F.A.B, if any – Rs.44,000 (estimated @ Rs.220 per 1000 SA) = Rs.4,12,000.
Half Yearly	Rs.1,94,320/- - T.B for 20 years
Quarterly	Rs.1,97,520/- - T.B for 20 years

                                                                   

T.B – Tax Benefits: The Net Taxable Annual income can be reduced to a great extent by subtracting the annual premium paid from the net taxable income.

F.A.B – Final Additional Benefits.

Policy Holder will also be provided Premium Waiver Benefit in the given premium amount.

 

Komal Jeevan

Komal Jeevan 

Komal Jeevan

Features:

This is an excellent children money back policy with Guaranteed Addition that is highly useful for the higher education of the children balancing the inflation level.

• The premium amount has to be paid only up to the 18^th age of the child.
• Guaranteed Addition is provided at the rate of Rs.75/- per thousand Sum Assured.
• Full Sum Assured is returned in regular intervals after the 18^th age of the child so that it can be useful for the child’s higher education.

T.B – Tax Benefits: The Net Taxable Annual income can be reduced to a great extent by subtracting the annual premium paid from the net taxable income.

L.A – Loyalty Addition: Based on the experience of LIC this amount will be given.

G.A – Guaranteed Addition: This amount will be given definitely by LIC.          

                       

Policy Holder will also be provided Premium Waiver Benefit + Term Rider Benefit in the given premium amount.

Jeevan Chhaya

LIC's JEEVAN CHHAYA Free presentation

Jeevan Chhaya

Policy Features:

An excellent adult as well as children plan that can provide benefit for the whole family.



Maturity Benefits:

• 25% of the Policy Amount is given every year during the last 4 years of the maturity to the policyholder, if he is surviving.
• Policy loan and Housing loan can be taken during the premium paying term.

Death Benefits:

• The nominee can be your child and the appointee can be your spouse.
• In case of risk during the policy paying term the sum assured is given to the appointee and all the future premiums are waived off (no need to pay future premiums).
• The Premium Waiver Benefit is coming as a default in this policy.
• 25% of the Policy Amount is given every year during the last 4 years of the maturity to the nominee.

T.B – Tax Benefits: The Net Taxable Annual income can be reduced to a great extent by subtracting the annual premium paid from the net taxable income.


In addition to this the policy holder will also be provided Double Accident Benefit.

Amulya Jeevan

LIC's Amulya Jeevan features benefits premiums with example

 

Amulya Jeevan

Proposer:  Mr. X

Age:  37 years

Nominee:  Mr. Y

Policy Amount: 25 lacs.

Key Policy Features:

                This is a pure term assurance plan using which a person can secure his/her family in an economical way.    The policy amount can be paid either as regular premiums (yearly and half yearly) or as a single premium.

Benefits:

Maturity Benefits:

                There is no maturity benefits in this policy.

Death Benefits:

                The Sum Assured will be given to the nominee on his/her  death during the policy paying term.

Terms and Premiums:

Term: 5 years

Single Premium:                               Rs. 27,450 /-

Regular Premiums:

Mode	Premium	Total Premium Paid
Hly Yearly	Rs. 3,379 /- Rs. 6,625 /-	3379 x 10 = Rs. 33,790 /- 6625 x 5 = Rs. 33,125 /-

Term: 10 years

Single Premium:                               Rs. 51,525 /-

Regular Premiums:

Mode	Premium	Total Premium Paid
Hly Yearly	Rs. 3,697 /- Rs. 7,250 /-	3697 x 20 = Rs. 73,940 /- 7250 x 10 = Rs.72,500 /-

Term: 15 years

Single Premium:                               Rs. 78,150 /-

Regular Premiums:

Mode	Premium	Total Premium Paid
Hly Yearly	Rs. 4,233  /- Rs. 8,300 /-	4233 x 30 = Rs.1,26,990 /- 8300 x 15 = Rs.1,24,500 /-

New Bima Gold(179)

LIC New bima gold - excellent money back policy - Overview

In 2002 LIC announced New Bima Gold, the enhanced version of Bima Gold as a close ended plan. Now this plan is opened once again. The major advantages of this policy are

It is a money back policy.


Low premium high risk cover.


Unique extra life cover.


The only policy with the features of both extra life cover and money back.

Matuity Benefits of New Bima Gold:
New bima gold is a money back policy. The policy benefits will be returned in regular intervals. Amount will be returned to the policy holder every four years during the policy payment term. At the end of the policy payment term the total premiums paid less the money returned during the policy payment term plus the loyalty addition will be given to the policy holder. The extra premiums paid towards the rider premiums will nt be taken into account.

With new bima gold you are getting more than what you actially pay.

Jeevan Vriddhi(808)

Jeevan Vriddhi LIC policy Details: Jeevan Vriddhi Benefits of New plan Jeevan Vriddhi Plan No. 808 & its Features. LIC Launched New JEEVAN VRIDDHI (Plan No. 808), Jeevan Vriddhi is a single premium non-linked plan which provides for payment of Guaranteed Maturity Sum Assured along with Loyalty Addition, if any, on maturity. Under this plan death benefit is the Basic Sum Assured. LIC of India launches new product - Jeevan Vriddhi contact new lic policy in vadodara no;-9275042150 new lic policy.

LIC's Jeevan Vriddhi: A insurance products that is an attractive investment option.

 LIC Jeevan Vriddhi| `What is Jeevan Vriddhi?' | `What does the plan Offer?’

LIC's Jeevan Vriddhi: A Review | Product Review

LIC Jeevan Vriddhi Review, GUARANTEED MATURITY SUM ASSURED:

Guaranteed Maturity Sum Assured for each age at entry per Rs.1000/- Single Premium (exclusive of Service Tax) is as under:

 LIC JEEVAN VRIDDHI – Single Premium (Limited Period) 

LIC OF INDIA has launched another new product LIC JEEVAN VRIDDHI. It is a single premium non-market linked plan which provides for payment of Guaranteed Maturity Sum Assured along with Loyalty Addition, on maturity. Under this plan death benefit is the Basic Sum Assured. Sum Assured is 5 times the premium paid.
OverviewWhy jeevan VRIDDHI is the best lic policy?
This is a VERY Good plan, also called a Fixed Deposit Life Insurance plan, due to the Guaranteed Maturity Sum Assured. It is like you deposit money in BANK as a Fixed Deposit, and wait for it to mature. Addition to this is fixed deposit is Life Insurance cover, which is 5 times the Premium paid.
 Advantages on LIC’s Jeevan Vriddhi

LIC JEEVAN VRIDDHI? Details

    Excellent Assured Guaranteed Return
    Ideal condition of a Fixed Deposit and Life Insurance combination
    Receive life cover for 5 times the premium
    Thou not mentioned, sure of Loyalty addition at the end of the term
    Special Surrender Value
    Guaranteed Surrender Value
    Tax Benefit for taking the plan and on Maturi

Jeevan Vriddhi - free plan presentation
Reasons to Invest in LIC JEEVAN VRIDDHI, Best plan for a short-term Life Insurance with Guaranteed returns.

LIC launches Jeevan Vriddhi, The guaranteed sum assured will be paid back after 10 years. On the event of the death of a customer, he said the basic sum assured would be payable, five times the single premium.

jeevanVriddhi  policy information The minimum age at entry for the plan is eight years (completed), while the maximum is 50 years (nearer birthday). The term under the policy is fixed at 10 years. The minimum sum assured is Rs 1.50 lakh, while there is no upper limit. The minimum premium under the policy is Rs 30,000 and would increase in multiples of Rs 1,000

LIC of India launches new product - Jeevan Vriddhi 

Our Recommendation on LIC Jeevan Vriddhi Plan Detailed Review Features:The Life Insurance Corporation of India(LIC) today launched a new plan 'Jeevan Vriddhi' on the traditional platform. This is a single premium non linked insurance plan where the risk cover is 5 times of premium chosen by the customer and offers excellent Guaranteed returns at Maturity. The plan, which is an ideal combination of Insurance and Returns, would be available for a limited period only up to a maximum of 120 days. A major highlight of this plan is that it offers multiple benefits to the customer, these being:

Security – Five times of the single premium is being offered as the risk cover

Growth – There is attractive Guaranteed Maturity Sum Assured along with Loyalty additions, if any (based on Corporation’s experience). 

Income-Tax benefit on LIC’s Jeevan Vriddhi Investment ?' Yes, income-tax exemption under Section 80 C of the I.T Act, LIC launches single premium product Jeevan Vriddhi, tax benefits under Sec 80C,

lic jeevan Vriddhi Analysis: LIC Jeevan Vriddhi Life Insurance Corporation

Tags: : LIC, LIC Jeevan Vriddhi, Life Insurance Corporation of India.

 Contect:- 9275042150

Email:- kushal.borkhatariya@gmail.com

LIC OF INDIA 

Jeevan Akshay

Jeevan Akshay is an Immediate Annuity plan, which offers a stated amount throughout the life time of the annuitant. Mode of Annuity payments can be paid in yearly, half-yearly, quarterly or monthly. In case of monthly Rs 6,000, for Quarterly and half-yearly Rs 4,000 and for yearly Rs. 3000 are the following mode of annuity paid.  On death during the guarantee period annuity will be paid to the nominee till the end of the guarantee period. On death after the guarantee period payment for annuity will cease. Eligibility conditions for this plan are that Minimum age at entry will be 40 years and Maximum age at entry is 79 years.