LIC Plans & Their Summary

 

New Endowment plan

8 TO 55 YEARS OF AGE

tAX REBATE

Accident and disability

riders

premium payment - monthly, qtrly, hlf-yearly & yearly

lump sum maturity benefits along with bonus

loan facility - yes

plan is suitable for long-term protection & savings

New jeevan anand plan

18 TO 50 YEARS OF AGE

tAX REBATE

Accident and disability

riders

premium payment - monthly, qtrly, hlf-yearly & yearly

lump sum maturity benefits along with bonus

loan facility - yes

plan provides a cover even after maturity

New bima bachat plan

15 TO 66 YEARS OF AGE

tAX REBATE

no riders

premium payment - one time premium payment

single premium Money-back plan

loan facility - yes

plan is suitable if periodic money-back is needed

 


 

SINGLE PREMIUM ENDOWMENT PLAN

90 DAYS TO 65 YEARS OF AGE

SINGLE PREMIUM conventional plan with PROFITS

tAX REBATE

no RIDERS


premium payment - ONE TIME PREMIUM PAYMENT

lump sum maturity benefits along with bonus

loan facility - yes

plan is suitable for ONE TIME PAYMENT SEEKERS with LONG-TERM BENEFITS

new jeevan nidhi plan

20 TO 58/60 YEARS OF AGE

conventional with profits pension plan

tAX REBATE

no RIDERS


premium payment - ONE TIME & regular payments

deferred pension plan

loan facility - no

plan is suitable for regular pension seekers

new money back plan - 20 years

13 TO 50 YEARS OF AGE

conventional with profits money-back plan

tAX REBATE

ACCIDENTAL & DISABILITY RIDERS


PREMIUM PAYMENT - MONTHLY, QTRLY, HLF-YEARLY & YEARLY

WITH PROFITS MONEY-BACK PLAN

loan facility - YES

SUITABLE TO PLAN FOR MONEY-BACK PERIODICALLY

 


 

New MONEY BACK PLAN - 25 YEARS

13 TO 45 YEARS OF AGE

tAX REBATE

Accident and disability

riders

premium payment - monthly, qtrly, hlf-yearly & yearly

WITH PROFITS MONEY-BACK PLAN

loan facility - yes

SUITABLE TO PLAN FOR MONEY-BACK PERIODICALLY

ANMOL JEEVAN II

18 TO 55 YEARS OF AGE

tAX REBATE

NO riders

premium payment - hlf-yearly & yearly

TERM INSURANCE PROTECTION WITH NO MATURITY BENEFITS

loan facility - NO

suitable for low cost protection cover

amulya jeevan ii

18 TO 60 YEARS OF AGE

tAX REBATE

no riders

premium payment - hlf-yearly & yearly

TERM INSURANCE PROTECTION WITH NO MATURITY BENEFITS

loan facility - no

SUITABLE FOR LOW COST PROTECTION COVER

 


 

JEEVAN RAKSHAK

8 TO 55 YEARS OF AGE

tAX REBATE

Accident rider

premium payment - monthly, qtrly, hlf-yearly & yearly

maturity benefits with loyalty additions

loan facility - yes

SUItable for people with low income & seeking affordability

limited premium endowment plan

18 TO 62 YEARS OF AGE

tAX REBATE

accident, disability & term riders

premium payment - monthly, qtrly, hlf-yearly & yearly

limited premium payment but long-term protection

loan facility - yes

suitable for people looking to pay for a shorter term than the policy term

new children's money back plan

0 TO 12 YEARS OF AGE

tAX REBATE

no riders

premium payment - monthly, qtrly, hlf-yearly & yearly

specially for children money-back plan

loan facility - yes

SUITABLE FOR parents seeking to secure their children's future with regular money back

 


 

JEEVAN lakshya

18 TO 50 YEARS OF AGE

Tax Rebate

Accident, disability & term rider

premium payment - monthly, qtrly, hlf-yearly & yearly

maturity benefits with bonus

loan facility - yes

SUItable as a protection as it provides 10% of s.a. each year till maturity in case of death

jeevan tarun

90 days TO 12 YEARS OF AGE

Tax Rebate

premium waiver benefit rider

premium payment - monthly, qtrly, hlf-yearly & yearly

children money back plan

loan facility - yes

suitable for people looking to secure their children's higher education

new endowment plus

90 days TO 50 YEARS OF AGE

Tax Rebate

accident & disability rider

premium payment - monthly, qtrly, hlf-yearly & yearly

market linked plan with 4 different funds to choose from

loan facility - no

SUITABLE FOR medium to high risk takers who want market linked returns

 


 

JEEVAN labh

8 TO 59 YEARS OF AGE

Tax Rebate

Accident, disability & term rider

premium payment - monthly, qtrly, hlf-yearly & yearly

maturity benefits with bonus

loan facility - yes

SUItable to plan children's education and/or marriage 

jeevan pragati

12 TO 45 YEARS OF AGE

Tax Rebate

accident & disability rider

premium payment - monthly, qtrly, hlf-yearly & yearly

maturity benefits with bonus

loan facility - yes

suitable for people seeking increasing risk cover over policy period

coming soon..

coming soon..

COMING SOON..

COMING SOON..

COMING SOON..

COMING SOON..

COMING SOON..

COMING SOON..