LIC India Consultant

Plan :Child Money Back (932) Product Summary : New Childrens Money Back Plan is a non-linked, with-profits, regular premium payment money back plan. Premium Payment Mode: Yearly, Halfly, Quarterly, Monthly(ECS) Term : 25 Age at Maturity Time Minimum Entry Age : 0 Year Last Birthday Maximum Entry Age : 12 Year Last Birthday Minimum Sum Assured : 1,00,000 Maximum Sum Assured : NO LIMIT (Depending upon Income) Policy Benefits : On Death : On death Before the Date of Commencement of Risk: An amount equal to the total amount of premiums paid excluding taxes, extra premium and rider premium, if any shall be payable. On death After the Date of Commencement of Risk: Death Benefit, defined as sum of Sum Assured on Death and vested Simple Revisionary Bonuses and Final Additional Bonus, if any, shall be payable. Where Sum Assured on Death is defined as higher of 7 times of annualized premium or Absolute amount assured to be paid on death i.e. Basic Sum assured. This death ...

Plan :20Year Money Back (920) Product Summary : This is a limited premium payment, non-linked, with profits Money Back Plan. Premium Payment Mode: Yearly, Halfly, Quarterly, Monthly(ECS) Term : 20 Year PPT : 15 Year Minimum Entry Age : 13year Completed Maximum Entry Age : 50year (Nearest Birthday) Maximum Maturity Age : 70 Year Minimum Sum Assured : 1,00,000 Maximum Sum Assured : NO LIMIT (Depending upon Income) Maximum Accidental Death and Disability Benefit Rider up to age 70. Policy Benefits : On Death : Sum Assured on Death + Vested Bonus + FAB if any. Sum Assured on Death = Higher of 125% of Basic SA or 7 times of annualized Premium. Death Benefit shall not be less than 105% of total premiums paid as on date of death. The premiums exclude taxes, extra premium and rider premiums. On Survival : 20% of Basic SA is payable after 5th, 10th and 15th year of policy. Maturity Time 40% of Basic Sum Assured + Vested Bonus + FAB if any. Surrendered Value : The policy ...

Plan :25Year Money Back (921) Product Summary : This is a limited premium payment, non-linked, with profits Money Back Plan. Premium Payment Mode: Yearly, Halfly, Quarterly, Monthly(ECS) Term : 25 Year PPT : 20 Year Minimum Entry Age : 13year Completed Maximum Entry Age : 45 Year (Nearest Birthday) Maximum Maturity Age : 70 Year Minimum Sum Assured : 1,00,000 Maximum Sum Assured : NO LIMIT (Depending upon Income) Maximum Accidental Death and Disability Benefit Rider up to age 70. Policy Benefits : On Death : Sum Assured on Death + Vested Bonus + FAB if any. Sum Assured on Death = Higher of 125% of Basic SA or 7 times of annualized Premium. Death Benefit shall not be less than 105% of total premiums paid as on date of death. The premiums exclude taxes, extra premium and rider premiums. On Survival : 15% of Basic SA is payable after 5th, 10th, 15th and 20th year of policy. Maturity Time 40% of Basic Sum Assured + Vested Bonus + FAB if any. Surrendered Value : The...

Plan :Jeevan Tarun (934) Product Summary : Jeevan Tarun Plan is non-linked, with-profits, Limited premium payment plan specially designed to meet the educational and other needs of growing children. Premium Payment Mode: Yearly, Halfly, Quarterly, Monthly(ECS) Term : 25 Age at Maturity Time [25-Age at entry]Years PPT : [20-Age at entry]Years Minimum Entry Age : 0 Year Last Birthday Maximum Entry Age : 12 Year Last Birthday Minimum Sum Assured : 75,000 Maximum Sum Assured : NO LIMIT (Depending upon Income) Policy Benefits : On Death : On death Before the Date of Commencement of Risk: An amount equal to the total amount of premiums paid excluding taxes, extra premium and rider premium, if any shall be payable. On death After the Date of Commencement of Risk: Death Benefit, defined as sum of Sum Assured on Death and vested Simple Revisionary Bonuses and Final Additional Bonus, if any, shall be payable. Where Sum Assured on Death is defined as higher of 7 times of ...

Plan :Bima Shree (948) Product Summary : Bima Shree plan is a non-linked, with-profits, limited premium payment money back life insurance plan with minimum Basic Sum Assured of Rs. 10 lakh especially designed for targeted segment of High Net-worth Individuals. Premium Payment Mode : Yearly, Halfly, Quarterly, Monthly(ECS) Term/Ppt : 14/10, 16/12, 18/14 and 20/16 Years Minimum Entry Age : 8 Years completed Maximum Entry Age : 55 Years (Nearer Birthday) for Term 14 51 Years (Nearer Birthday) for Term 16 48 Years (Nearer Birthday) for Term 18 45 Years (Nearer Birthday) for Term 20 Maximum Maturity Age : 69 Years (Nearer Birthday) for term 14 67 Years (Nearer Birthday) for term 16 66 Years (Nearer Birthday) for term 18 65 Years (Nearer Birthday) for term 20 Minimum Sum Assured : Rs 10 lakh (Multiple of 1 lakhs thereafter) Maximum Sum Assured : No Limit Guaranteed Addition : Rs 50/- per 1000 SA for 1st 5 years Rs 55/- per 1000 SA for remaining PPT Policy Benefits : O...

Plan :Bima Bachat (916) Product Summary : Bima Bachat (916) Plan is a single premium, non-linked, with profits Money Back type Plan. Premium Payment Mode: Single Premium Term : 9 Year 12 Year 15 Year Minimum Entry Age : 15 Year Completed Maximum Age at Maturity: Term 9yr then 59yr (Nearest Birthday) Term 12yr then 62yr (Nearest Birthday) Term 15yr then 65yr (Nearest Birthday) Maximum Entry Age : 50 Year Completed Minimum Sum Assured : Term 9yr then 35,000 Term 12yr then 50,000 Term 15yr then 70,000 Maximum Sum Assured : NO LIMIT (Depending upon Income) Policy Benefits : On Death : During 1st five years policy years : Sum Assured only. After completion of five policy years : Sum Assured + Loyalty Addition, if any. On Survival : For Policy Term of 9 years : 15% of SA, after 3rd and 6th policy year. For Policy Term of 12 years : 15% of SA, after 3rd ,6th and 9th policy year. For Policy Term of 15 years : 15% of SA, after 3rd ,6th,9th and 12th policy year. At Maturi...