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Showing posts from October, 2020

Plan : Aadhaar Shila - 944

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  Plan :Aadhaar Shila (944) Product Summary : This is a regular premium paying Non-linked, With-Profits, Endowment Assurance plan.This Plan is exclusively designed for FEMALE LIVES having Aadhaar Card issued by UIDAI. This plan shall be available to standard lives only without any medical examination andthe total Sum Assured under all the policies issued to an Individual under this plan shall not exceed Rs. 3 lacs. Premium Payment Mode: Yearly, Halfly, Quarterly, Monthly(ECS) Term : 10 to 20 Years Minimum Entry Age : 8 Year Completed Maximum Entry Age : 55 Year (Nearest Birthday) Maximum Maturity Age : 70 Year Minimum Sum Assured : 75,000 Maximum Sum Assured : 3,00,000 Maximum Accidental Death and Disability Benefit Rider up to age 70. Policy Benefits : On Death : On death of the Life Assured during the policy term  Sum Assured on Death  shall be payable, which is the highest of • 110% of Basic Sum Assured; or • 7 times of annualized premium; or •...

Plan : Aadhaar Stambh - 943

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Plan :Aadhaar Stambh (943) Product Summary : This is a regular premium paying Non-linked, With-Profits, Endowment Assurance plan. This Plan is exclusively designed for MALE LIVES having Aadhaar Card issued by UIDAI. This plan shall be available to standard lives only without any medical examination andthe total Sum Assured under all the policies issued to an Individual under this plan shall not exceed Rs. 3 lacs. Premium Payment Mode: Yearly, Halfly, Quarterly, Monthly(ECS) Term : 10 to 20 Years Minimum Entry Age : 8 Year Completed Maximum Entry Age : 55 Year (Nearest Birthday) Maximum Maturity Age : 70 Year Minimum Sum Assured : 75,000 Maximum Sum Assured : 3,00,000 Maximum Accidental Death and Disability Benefit Rider up to age 70. Policy Benefits : On Death : On death of the Life Assured during the policy term  Sum Assured on Death  shall be payable, which is the highest of • Basic Sum Assured; or • 7 times of annualized premium; or • 105% of all the premiums pa...

LIC's JEEVAN LAKSHYA (933)

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Plan: Jeevan Lakshya (933) Product Summary : This is a limited premium paying term conventional With-Profits Endowment Assurance plan where premium paying term is less than policy term by three years. Premium Payment Mode: Yearly, Halfly, Quarterly, Monthly(ECS) Term : 13 to 25 Years PPT : (Policy Term - 3) Years Minimum Entry Age : 18Years Completed Maximum Entry Age : 50Years (Nearest Birthday) Maximum Maturity Age : 65 Year (Nearest Birthday) Minimum Sum Assured : 1,00,000 Maximum Sum Assured : NO LIMIT (Depending upon Income) Maximum Accidental Death and Disability Benefit Rider up to age 65. Policy Benefits : On Death : Benefits payable on death: Sum Assured on Death + Bonuses and Final Additional Bonus, if any, shall be payable in following manner. Annual Income Benefit equal to 10% of the Basic Sum Assured (till policy anniversary prior to date of maturity). Assured Absolute Amount of 110% of Basic Sum Assured, payable (on due date of maturity). Along with Bonuses an...