Sentences with phrase «loyality additions»
On the survival of the policy holder on maturity, policy holder would get minimum maturity sum assured + Loyality Additions (if any).
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On survival of Mr.Ravi, he would get Rs 1 Lakh + Loyality additions (if any).
and I guess no Loyality addition would be added (since loyalty addition is given only after 10 years Continuous premium payments, So I am not able to figure out whether the amount of 1,68,140 which I had paid as premiums till now will hardly have any value after 14 years.
Loyality addition from 9th Year on wards applicable per 1000 and calculate for every year upto 19 years.
Dear Mr. Reddy, U r very informative.I have jivan saral plan of lic taken in april 2010 with a monthly premium of 1021 /, sum assured 250000 /, term 16 years.I have not satisfied with the plan as it has not get any loyality addition nor any bonus till now.whether i should surrender it, wait for another 5 years to get loyality addition or wait for full term.what will i get in maturity.Lic handbook of private publisher says that it will be around 4 lacs.