Trust = LIC OF INDIA

Trust = LIC OF INDIA

புதன், 13 மார்ச், 2019

LIC JEEVAN SHIRONMANI plan review

It is a non linked, with profits, limited premium payment money back life insurance plan specially designed for High Net-worth Individuals.  This plan provides lump sum financial support to the family in case of death but also provides payment in case of diagnosis of specified critical illness.

Combination of Moneyback and Life Insurance

It gives you lump sum amount in case of death during policy term and in case of survival, survival benefit amount is payable on Term – 4 Years, Term – 2 Years and on completion of Term

Lump sum Benefit for Inbuilt Critical Illness

On diagnosis of any specified critical illness diseases, 10 % of Basic Sum Assured will be payable with an option to defer premium payment for next 2 policy term without any interest. Also, FREE Second Medical Opinion Option is available.

Profit Sharing in Terms of Guaranteed Additions

The policy is eligible for the guaranteed bonus at the rate of Rs. 50.00 per thousand per year during first 5 policy term and thereafter at the rate of Rs. 55.00 per thousand per year.

Additional Accidental Benefit

Standalone Additional Accident Benefit Maximum of Rs. 1,00,00,00/- is allowed other than the regular accidental benefit under other policies.

Advantages

Avail Tax benefit on premium paid

Tax Free Maturity Amount

Tension Free Claim Settlement

Key Features:

Ideal plan for High Net Worth Individuals with Limited Payment Option
Offers guaranteed 25% Additional Life cover without any cost
Also guaranteed Customized Payouts at regular Intervals
5-5.5% Bonus is Guaranteed by LIC
Loyalty Bonus is also payable on Maturity along with Sum Assured
In-built Critical Illness Benefit Covering 15 Major Illnesses
Option of taking Maturity & Death Benefit in installments
Back-dating Facility Available
Tax Benefit on Premiums paid u/s 80C & 10(10D)
Optional Additional Life Cover & Accidental Death Benefits

செவ்வாய், 12 மார்ச், 2019

Guaranteed Return on Investment

It is a non linked, with profits, limited premium payment money back life insurance plan specially designed for High Net-worth Individuals.  This plan provides lump sum financial support to the family in case of death but also provides payment in case of diagnosis of specified critical illness.

Combination of Moneyback and Life Insurance

It gives you lump sum amount in case of death during policy term and in case of survival, survival benefit amount is payable on Term – 4 Years, Term – 2 Years and on completion of Term

Lump sum Benefit for Inbuilt Critical Illness

On diagnosis of any specified critical illness diseases, 10 % of Basic Sum Assured will be payable with an option to defer premium payment for next 2 policy term without any interest. Also, FREE Second Medical Opinion Option is available.

Profit Sharing in Terms of Guaranteed Additions

The policy is eligible for the guaranteed bonus at the rate of Rs. 50.00 per thousand per year during first 5 policy term and thereafter at the rate of Rs. 55.00 per thousand per year.

Additional Accidental Benefit

Standalone Additional Accident Benefit Maximum of Rs. 1,00,00,00/- is allowed other than the regular accidental benefit under other policies.

Advantages

Avail Tax benefit on premium paid

Tax Free Maturity Amount

Tension Free Claim Settlement


Key Features:
  • Ideal plan for High Net Worth Individuals with Limited Payment Option
  • Offers guaranteed 25% Additional Life cover without any cost
  • Also guaranteed Customized Payouts at regular Intervals
  • 5-5.5% Bonus is Guaranteed by LIC
  • Loyalty Bonus is also payable on Maturity along with Sum Assured
  • In-built Critical Illness Benefit Covering 15 Major Illnesses
  • Option of taking Maturity & Death Benefit in installments
  • Back-dating Facility Available
  • Tax Benefit on Premiums paid u/s 80C & 10(10D)
  • Optional Additional Life Cover & Accidental Death Benefits