Life Insurance , Investment , Old Age, Marriage, Child Education, Pension Plan Of LIC & Health Insurance
1956
Amarjeet Singh is in Kasturba Gandhi Marg, Cannaught Place, Delhi is a top player in the category Life Insurance Agents-LIC . This well-known establishment acts as a one-stop destination servicing customers both local and from other parts of Delhi. Over the course of its journey, this business has established a firm foothold in it’s industry. The belief that customer satisfaction is as important as their products and services, have helped this establishment garner a vast base of customers, which continues to grow by the day.
LIC's Jeevan Lakshya is a participating non-linked plan which offers a combination of protection and savings. This plan provides for Annual Income benefit that may help to fulfill the needs of the family, primarily for the benefit of children, in case of unfortunate death of Policyholder any time before maturity and a lump sum amount at the time of maturity irrespective of survival of the Policyholder. This plan also takes care of liquidity needs through its loan facility.1.Benefits:Death Benefit:On death of the Life Assured before the stipulated Date of Maturity provided the policy is in full force by paying upto-date premiums, Death Benefit, defined as sum of “Sum Assured on Death”, vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable. Where “Sum Assured on Death” is defined as the sum of: Annual Income Benefit equal to 10% of the Basic Sum Assured, which shall be payable from the policy anniversary coinciding with or following the date of death of Life Assured, till the policy anniversary prior to the date of maturity.Assured Absolute Amount equal to 110% of Basic Sum Assured, which shall be payable on due date of maturity; and The vested Simple Reversionary Bonuses and Final Additional Bonus, if any, included in the Death Benefit, shall be payable on due date of maturity.The Death Benefit defined above shall not be less than 105% of all the premiums paid as on date of death.Premiums referred above exclude tax, extra premium and rider premium(s), if any.Maturity Benefit: “Sum Assured on Maturity” equal to Basic Sum Assured, along with vested Simple Reversionary bonuses and Final Additional bonus, if any, shall be payable in lump sum on survival to the end of the policy term provided all due premiums have been paid.Participation in Profits: The policy shall participate in profits of the Corporation and shall be entitled to receive Simple Reversionary Bonuses declared as per the experience of the Corporation, provided the policy is in full force.In case of death under a policy which is in full force, the policy shall continue to participate in profits upto the date of maturity and the entire vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable on due date of maturity. Hence, the Simple Reversionary Bonus and Final Additional Bonus, if any, shall be payable under the policy on due date of maturity irrespective of survival of the Life Assured.In case the premiums are not duly paid (except in case of death of the Life Assured under inforce policy), the policy shall cease to participate in future profits irrespective of whether or not the policy has acquired paid up value. However, the policy shall be considered as inforce on death during the grace period.Final Additional Bonus shall not be payable under reduced paid-up policies.2.Optional Benefits:The policyholder has an option of availing the following Rider benefit(s):LIC’s Accidental Death and Disability Benefit Rider (UIN: 512B209V01)LIC’s New Term Assurance Rider (UIN: 512B210V01)Rider Sum Assured cannot exceed the Basic Sum Assured.For more details on the above Riders, refer to the Rider brochure or contact LIC’s nearest Branch Office.Annual Income Benefit equal to 10% of the Basic Sum Assured, which shall be payable from the policy anniversary coinciding with or following the date of death of Life Assured, till the policy anniversary prior to the date of maturity.Assured Absolute Amount equal to 110% of Basic Sum Assured, which shall be payable on due date of maturity; and
The New Children's Money Back Plan from LIC is a unique plan designed to cater to multiple needs of growing children, including their education, wedding, etc. This participating, non-linked money back scheme offers survival benefits in addition to the risk cover for children.
LIC Jeevan labh plan - LIC Jeevan Labh a wonderful plan to suit all your needs. It is a limited premium paying, non-linked, with-profits endowment plan which offers a combination of protection and savings.This plan provides financial support for the family in case of unfortunate death of the policyholder any time before maturity and a lump sum amount at the time of maturity for the surviving policyholder. Children Education, marriage planning, long term goals can be achieved with this plan.Jeevan labh is suitable to all classes for Insurance, investment and Tax planning.
LIC Jeevan Shanti Plan is one single premium plan where the policyholder gets a chance to opt between a deferred annuity and an immediate annuity.
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