Sentences with phrase «by lic»

Good policy by lic.

The premium offered by Max Life is Rs 12750 / - and that by LIC Rs. 24400 / -(online).

If you are looking purely from investment perspective, there are better investment options like PPF, NSC etc., which gives higher returns than the returns provided by LIC Jeevan Sugam.

One can trust completely trust as the scheme is administered by the LIC of India.

I can simply say this is Stupid plan introduced by LIC.

In annuity / pension plans issued by LIC or any other private insurance companies, the investment amount would differ based on the age of the pensioner.

But the premium charged by LIC for its term plan Amulya Jeevan (Rs. 15,169) is also the highest among premiums charged by other insurance companies for their term plans.

Simple reversionary bonus is announced every year by LIC.

Any product launched by LIC gives you goose bumps....

Though LIC has maintained the highest claim settlement ratio in the last 3 years, the premium charged by LIC for Amulya Jeevan is also the highest among premiums charged by insurance companies for term plans.

3) is there any loyalty addition or Final addition bonus declared by LIC

If we study the premiums charged by private insurance companies for term plans as compared to the premium charged by LIC for its term plan Jeevan Amulya, in some cases the premiums of private life insurers are as less as 50 % compared to the premium charged by LIC.

Under this plan, Simple Reversionary Bonus in announced every year by LIC.

Regarding reviving the LIC plan, I think it will be better for you to go for a new term plan from a private company as their premiums are much lower as compared to premiums charged by LIC.

The returns on these plans are mostly dependent on the bonus rates declared by LIC.

What I could discover from your blogs is that you are trying to popularise Term Insurance Plans and pooh pooh any other plan launched by LIC.

The Investment Returns on traditional life insurance policies like Moneyback or Endowment are mostly dependent on the bonus rates declared by LIC.

Moreover, you can pay many policies in the single account (but it is not recommended by LIC).

The claim settlement ratio of 98.31 % is the indicator of the number of death claims settled by LIC against the total claims 769386 reported for the FY 2016 - 17.

Our Take: Following people may go for LIC's e-Term plan: i) People for whom the claim settlement ratio is more important than the little higher premium charged by LIC as compared to the lower premium of other insurance companies ii) People for whom a plain vanilla term insurance plan is the requirement iii) People who have preference for a company backed by the Government of India iv) People who have all the above requirements or any combination of the above requirements

His reason for taking insurance from more than 1 insurance cos are 1) restriction of sum assured offered by LIC under their two policies, which are taken on the life of his father and 2) personal reasons.

this policy is selled by insurance agent by making false comittment like 300 % bonus, health insurance and 10 & discount on each policy premium by lic credit card.

This amt will be paid to my nominee after my death (Both Jeevan Anand and New Jeevan have double sum assured feature) In New Jeevan Anand this 2 lac which was supposed to be paid after my death can be paid to me after maturity on below conditions, based on verification by LIC: a) I am in a severe financial crunch b) I am having some critical illness which I am NOT able to support with my current financial condition.

Agent told me that we can write the cancellation letter but you need to pay remaining half yearly premium for the year as it is bond and cancellation with refund will not be entertained by LIC if you don't pay the remaining half yearly premium.

Now coming to e-Term, LIC's online term plan, the Rs. 15,700 annual premium charged by LIC is also the highest among all online term plans offered by all life insurance companies in our comparison.

LIC AADHAAR SHILA plan has been exclusively launched and designed by LIC, the plan is the best to buy for the female candidates having Aadhaar card.

Also, it seems that LIC has come up with a different name to allure new customers residing in rural areas which are as same as the other policies sold by LIC.

The size of installment will depend on maturity / death benefit amount, duration of the installments (5, 10 or 15 years) and the interest rate as fixed by LIC from time to time.

Among the plans launched by LIC, are there any Best LIC Plans in 2015?

Do you know the road, railways, etc etc you use are being funded majorly by LIC.

While selecting a term plan, Naresh is in a fix whether he should give more importance to the lower premium charged for online term plans by private insurers or give more importance to the high claim settlement ratio maintained by LIC year after year.

So for a term plan with same features, the premium charged by LIC is a whopping 3 times more than the premium charged by Aegon Religare!!!

However, the rate of interest is typically higher than the rate charged by LIC.

The best policy offered by LIC in my opinion is Jeevan Anand, wherethe policy holders gets SA and guaranteed addition onmaturity, after which they get whole life coverage without paying asingle premia.

I got Ist installment of money back Rs. 3,00,000 / -, TDS by LIC is Rs. 3000 / -.

The final additional bonus nd diamond jubilee bonus will also be included.it was properly guided by lic person..

The plan is first launched by LIC during month of April 2017.

This is child plan launched by LIC.

Though LIC has maintained the highest claim settlement ratio in the last 4 years, the premium charged by LIC for e-Term is higher than the premiums charged by many other insurance companies for term plans.

Further the prem amount by LIC (as well other cos) must have been based on some calculations (actuaries) and if it is so, there should not be much difference in their premium rates.

Simple Reversionary Bonus is announced every year by LIC.

If you observe the past bonus rates declared by LIC, Rs 70 has been the SRB on Whole Life plans.

The interest rate is declared by LIC and may vary according to the insurance plan.

Sagar, 7 years back, I have been told by LIC agent about LIC money plus in similar manner.

I have issues with only traditional life insurance plans, which are issued by LIC and private companies alike.

This is an excellent policy by LIC, targeted on the lower income bracket people.

Eligible for bonus and Final Addition bonus declared by LIC.

LIC Jeevan Sangam plan 831 is the latest single premium plan launched by LIC of India.

Participating means that you will get a maturity value that is linked to the profits earned by LIC over the policy tenure.

The child plans offered by the LIC of India are tailor - made for different needs and requirements when it comes to child's secure financial future.