On death of the policyholder, higher of the Sum Assured including top - up Sum Assured net of partial withdrawals made 24 months prior to death or Fund Value including top - up Fund Value is paid subject to a minimum of 105 %
of all premiums paid till death under the Smart Invest variant
The nominee gets the Sum Assured (SA) on death of the policyholder which is higher than 10 times the annual premium or 105 %
of all premiums paid till death under the Lump sum Benefit option.
Not exact matches
Under this LIC child plan, in case
of death post the deferment period, the Sum Assured on
death which is higher
of 125 %
of the chosen Sum Assured or 10 times the annual
premium, vested simple reversionary bonuses and a Final Additional Bonus, if any, is
paid subject to a minimum
of 105 %
of all
premiums paid till the date
of death
Under this LIC child plan, in case
of death post the deferment period, the Sum Assured on
death which is higher
of the chosen Sum Assured or 10 times the annual
premium, vested simple reversionary bonuses and a Final Additional Bonus, if any, is
paid, subject to a minimum
of 105 %
of all
premiums paid till the date
of death
The
death benefit payable will be the amount higher
of the Sum Assured or 10 times the annual
premium or 105 %
of total
premiums paid till the date
of death for regular
premium payment option and higher
of Sum Assured or 125 %
of the Single
Premium paid under the Single
Premium payment option.
The
death benefit
under any case shall not be lower than 105 %
of all
premiums paid till the date
of death.
All future
premiums are waived off and
paid for by the company
under the Additional Savings Benefit, an amount equal to an annual
premium is
paid every year
till the end
of the term
under the Income Benefit and on Maturity, total Fund Value including the top - up Fund Value which was automatically allocated to the Secure Fund on
death is
paid
Under the Classic Waiver option, the
death benefit will be higher
of the Sum Assured on Maturity or 10 / 7 times the annual
premium depending on the age
of the policyholder or 105 %
of all
premiums paid till the date
of death.
In case
of «Whole Life Plan'the policy holder is obliged to
pay a fixed amount
of premium on a regular basis
till the term
of the policy, failing which will cease the
death benefit payable
under the policy.
Under this rider, in case
of accidental disability, the future
premiums are waived off but the plan continues
till maturity or
death paying the promised benefits as and when they accrue.
The
death benefit which is payable
under this HDFC pension plan will be the amount which will be higher among the fund value on the date
of death or 105 %
of premiums paid till death
The
death benefit payable will be higher
of 10 times the annual
premiums payable
under the plan if the insured is aged less than 45 years or 7 times the annual
premiums payable
under the plan if the insured is aged 45 years and above, the chosen Sum Assured, the return
of the total
premiums paid till the date
of death or 105 %
of total
premiums paid whichever is the highest.
The
death benefit
under this Reliance term insurance plan will be calculated as the higher
of the Sum Assured or 10 times the annual
premium or 105 %
of all
premiums paid till the date
of death.
Under regular or limited
premium mode option, 10 times
of the yearly
premium or 105 %
of the total
premium paid till the time
of the
death of the insured person, is
paid to the nominee
of the policy.
Return
of Premium Option: If the policyholder survives
till the end
of the policy term, he will receive the total
premiums paid under this plan option.In case
of life assured's
death or being diagnosed with any
of the Terminal Illness during the Policy Term a Lumpsum benefit will be
paid to the nominee.
Max Life Partner Care Rider which
pays the sum
of all future
premiums payable
under the base policy or
till life insured attains 60 years age (whichever is earlier), immediately on the
death of the life insured and after payment, the rider will terminate.
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.