Sentences with phrase «lic policy then»

Insurance21 Replied: 02-02-2017 10:33:16 Yes, account can not be created for a minor policy holder though if minor's proposer have lic policy then he can create account and add minor's policy into his account.

iam decided to take lic policy then my friend suggested to me to take a lic jeevan rakshak....

Not exact matches

Dear Chetan, If insurance is for protection or risk cover then why should one take a policy like LIC jeevan tarun and why not just a Term insurance alone?

If you are also taking stress about the premium of life insurance policy offered by LIC of India then hang on.

If LIC New Jeevan Nidhi offers tax benefit, then the premiums you pay are eligible for deduction on tax returns and so is a part of the money you get on maturity of the policy.

This LIC child plan policy will vest in the name of the child who is the life assured and will then become the policyholder on the policy anniversary following the completion of 18 years of age

Under this LIC child plan, the policy will vest in the name of the child who is the life assured and will then become the policyholder on the policy anniversary following the completion of 18 years of age

The customer then needs to pay the premium online through credit card, debit card or net banking facilities and the LIC child plan policy will be issued.

a. Om Kotak Preferred Term Plan 2400 3900 8330 2500 4900 ICICI Pru Life Guard 2751 3917 7964 2751 5014 HDFC Standard Term Assurance Plan 2820 3840 8320 2920 5110 Birla Sun Life Term Plan 2950 4310 8790 3010 5150 Tata AIG Assure Lifeline Plan 2320 4070 9260 2790 5310 SBI Life Shield 2042 3542 8814 2454 5384 Max New York Life Level Term Policy 2280 4160 10000 2710 5650 Aviva Life Lifeshield 2660 4220 9230 3120 5840 LIC Anmol Jeevan 2564 4702 11335 3227 6940 Allianz Bajaj Risk Care 3560 6100 13610 4830 9850 Source: Companies On the other hand, if you took a Rs 1 lakh term policy for 20 years at Rs 250 per annum and invested the rest (Rs 2,688) in another investment (say PPF, yielding 8 per cent) then the compounded value here would over Rs 1.2Policy 2280 4160 10000 2710 5650 Aviva Life Lifeshield 2660 4220 9230 3120 5840 LIC Anmol Jeevan 2564 4702 11335 3227 6940 Allianz Bajaj Risk Care 3560 6100 13610 4830 9850 Source: Companies On the other hand, if you took a Rs 1 lakh term policy for 20 years at Rs 250 per annum and invested the rest (Rs 2,688) in another investment (say PPF, yielding 8 per cent) then the compounded value here would over Rs 1.2policy for 20 years at Rs 250 per annum and invested the rest (Rs 2,688) in another investment (say PPF, yielding 8 per cent) then the compounded value here would over Rs 1.2 lakh.

As soon as you pay the LIC policy premium online, you have to acknowledge the receipt and then get the pdf receipt.

Then I think LIC E term plan is the only plan which can full till the requirement of a good term plan even if the premium amount is high compared to other term insurance policies in India.

In a pursuit of a product which could provide a fixed assured income and act as one of the retirement plans, I met with an Investment planner (who is LIC agent too) who has then made me believe into LICs new jeeavn Anand policies to get assured sum (with bonuses) after maturity and life cover too.

Can we take benefit of two or more policies on maturity like if have a Pradhan Mantri Jeevan Jyoti Bima Yojana and LIC Money back plan then on maturity can i claim both the policies?

If you are a lic policy holder, then you would better know that every year lic is declaring the bonus rates for their entire policies.

LIC E Term Policy 825 Review: If you are trying to find out online term insurance plan from LIC of India, then you will not get disappointed as LIC has a term plan in their kitty named E — Term plan besides their typical offline term insurance plans like Amulya Jeevan II & Anmol Jeevan II.

At the same time if you checkout for other term insurance plans outside LIC, then you will get the same policy in very less price e.g. less than Rs 5000 only.

So, if you don't want a life cover but still you want to invest in policy then LIC Market plus Insurance plan is the most beneficial plan you can go for.

If it is a single premium policy like LIC Varishtha Pension Bima Yojana, then a cheque or demand draft will work.

If the policyholder is not satisfied under the condition of the policy, then he can cancel the policy within the time period of 15 days from the date of receipt, only if any claim under the LIC will not be paid.

There are some circumstances when the policy will not be cleared: ● If the policyholder commits suicide within 12 months from the date of commencement of risk, then LIC will only pay the 80 % premium paid till date which will be excluded from extra premiums and also service taxes.

Since Amulya Jeevan II is a pure insurance plan, the plan only offers death cover or death benefits which means that if the policyholder meets with death at any time during which the policy is in force then LIC will give to the nominee (s) of the policy holder's Amulya Jeevan II policy the sum assured on death amount.

If you want to increase the sum assured value then talk to LIC official for further steps with existing policy if possible.

Whenever a policy is matured for payment in any financial year and the bonus is not declared till that date, then for the last year, LIC adds the interim bonus.

so you never seen these benefits in other policies so If you are getting 6 % senario returns Rs 27 lakhs, but if it may be for 35 years LIC will generate the income up to 7.5 % so more then Rs 27 lakhs.

In case you want to know about LIC's Jeevan Ankur bonus details, Jeevan Ankur surrender value or paid up policy terms then please contact LIC of India.

Even if one has to surrender the policy then also a discharge form attached with prior documents issued by LIC and all other certificates are to be submitted.

Then I think LIC E term plan is the only plan which can full till the requirement of a good term plan even if the premium amount is high compared to other term insurance policies -LSB-...]

Kindly take a term insurance cover and then discontinue all your LIC policies.

If you are a LIC agent, then this policy is one of the best LIC policy launched ever in recent times.

If you are looking to calculate your premium amount for this New LIC Jeevan Labh policy, then you have to be ready with your data like mobile number, email id, amount want to invest and for how many year you want to invest.

LIC Jeevan Labh (Table No 836) is a non-linked (Not dependent on share market) limited premium paying endowment assurance plan which means premium paying term is less than policy term for example, if policy term 16 has been selected then premium will be paid for 10 years only and maturity will be paid after completion of 16 years.

I have already shared individual policy reviews, but if you ask me about overall review then I think LIC e Term plan is far better than offline plans.

If you are in the search of a low budget, good life insurance plan for your future then LIC Jeevan Rakshak plan is the best policy.

Hello I would like to share my master plan of new जीवन anand policy My age is 30 I have purchased 7 policies of 1 lac sum assured and each maturity year term 26 to 32 I purchased in 2017 Along with I have purchased 3 policies of same jivananad of 11lac each Maturity year term 33,34,35 Now what will I have to pay is rs, 130000 premium per year means 370rs per day At age of 55 in year 2047 I will start getting return, of, 3lac maturity per year till 2054 For 7policies of i lac I buyed for safety of paying next 10 years premium of 130000 As year by year my liability goes on decreasing and at the age of 62 to 65 I get my major part of maturity amount around 16000000 one crore sixty lac Along with 4000000 sum assured continued for rest of life So from above example it is true that you can make money to make money for you You can enjoy a large sum by just paying 370 per day and you will feel you have earned 19000000 / 35 years = 1500 per day And assume if I die after 5 years then in this case also my spouse will get 7500000 as death claim against 650000 paid premium Whats bad in this A asset is getting created for you It is a property of 2 crores which you are buying for 35 year installment If you make fd of 2000000 Lacs against this policy u will get 135000 interest per year to pay for 35 years If u buy a flat for 20 lack in 2017 there is no scope of valuation of Flat will be 2 crores But as I described you are creating a class asset for your beloved easily just investing 10500 per year for 35 years And too buy a term of 50 Lacs with it And rest you earn deposit in ppf Keep in mind if you will survive then only ppf will create corpus for you but in lic your family is insured to a higher extent till 1 crore with term including And its sufficient if you are earning 100000per Month no problem for investing of 10 % in New जीवन anand with rest 90 % you go with ppf, mutual funds, equity, gold, lottery, real estate any thing but keep 10 % for new jeewan anand it's a class if you understand it properly and after all if you rely only on term there are more chances of rejecting claims as one thing is sure cheap things just come under warranty but lic brand is guaranteed because in case of demise if your nominee doesn't get claim then your all hardwork is going to be waste so think and invest take long term and bigger sum assured for least premium You can assign your policy for taking flat or property it is a legal asset of you But term never.

In case you have already invested / bought any of these LIC plans and are not happy with your investment decision then you can either SURRENDER your policy or can make them (it) PAID - UP.

If you are able to take the risk then these policies may not suits you but from our end, we do believe in LIC insurance brand and one can blindly go for it.

Dear Chetan, If insurance is for protection or risk cover then why should one take a policy like LIC jeevan tarun and why not just a Term insurance alone?

Or if 3 policies seem too much then a person can go for one policy from LIC and one policy from an private insurer.

So, if your policy term of LIC limited Endowment Plan 830 is of 12 years, then you have to pay premium for 8 or 9 years which is a limited period of premium payment term.

If LIC New Group Superannuation Cash Accumalation offers tax benefit, then the premiums you pay are eligible for deduction on tax returns and so is a part of the money you get on maturity of the policy.

If LIC Anmol Jeevan 2 offers tax benefit, then the premiums you pay are eligible for deduction on tax returns and so is a part of the money you get on maturity of the policy.

Kindly buy a term plan at the earliest and then you may discontinue your existing LIC policies (except the first one, as the maturity is in near future 2021).

My question is what is the diff if I terminate the LIC policy first and then take new one or first take the new one and terminate LIC policy after some months 2.

If you want a second policy after first with LIC, then it makes sense to go with IndiaFirst.

If you have LIC policy in your name then you you can add / enroll child's policy in to yours.

LIC Bima Diamond Policy (Table No: 841) is a non-linked (Not dependent on share market) limited premium paying Money Back plan which means premium paying term is less than policy term, for example, if policy term 24 has been selected then premium will be paid for 15 yearsPolicy (Table No: 841) is a non-linked (Not dependent on share market) limited premium paying Money Back plan which means premium paying term is less than policy term, for example, if policy term 24 has been selected then premium will be paid for 15 yearspolicy term, for example, if policy term 24 has been selected then premium will be paid for 15 yearspolicy term 24 has been selected then premium will be paid for 15 years only.