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Jeevan Saral

LIC's Jeevan Rakshak Plan BY LIC INDIA
(Table No. 827) - Call us now : +91-9820934872

Feature of LIC's Jeevan Rakshak:

This is a regular endowment assurance plan with profit.It is a non-medical fixed benefit plan. In case of death of the policyholder during the policy term if no premiums are due, Sum Assured on Death shall be payable, which is the highest among basic sum assured, 10 times of annualized premium and 105% of all the premiums paid as on date of death. Loyalty Addition will also be paid if death occurs after completing 5 years of policy.While the age at entry must be 8-55 years, the age at maturity is 75 years. The policy term may be 10-20 years. The minimum Basic sum assured is 75,000 Rupees and the maximum Basic Sum Assured per life is 2, 00,000 Rupees per life.



The policy can be surrendered at any time if a minimum of three full years´ premiums have been paid. The Corporation may pay the Guaranteed Surrender value which is a percentage of total premiums paid excluding extra premiums, or the Special Surrender value which is the discounted value of Paid-up Sum assured, whichever is higher.Rebate is given as 1.5% of Assured Sum above 1, 50,000 Rupees. Premiums paid up to 1, 50,000 Rupees are deducted from the taxable income each year and the Maturity Proceeds are tax free depending on fulfillment of terms and conditions.

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Latest Lic Policy by Lic of India:

  1. Lic's Single Premium Endowment Plan
  2. Lic's New Endowment Plan
  3. Lic's New Jeevan Anand
  4. LIC's Jeevan Rakshak
  5. LIC's Limited Premium Endowment Plan
  6. LIC's JEEVAN SANGAM
  7. LIC's Jeevan Lakshya
  8. LIC's NEW MONEY BACK PLAN - 20 YEARS
  9. LIC's NEW MONEY BACK PLAN - 25 YEARS
  10. LIC's NEW BIMA BACHAT
  11. LIC's NEW CHILDREN'S MONEY BACK PLAN Policy Document
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  13. LIC's Anmol Jeevan II
  14. LIC's Amulya Jeevan II
  15. LIC's e-Term
  16. LIC's NEW TERM ASSURANCE RIDER

 

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