LIC JEEVAN LAKSHYA - BEST PLAN FOR CHILDREN EDUCATION AND OVER SEAS STUDIES

LIC Jeevan Lakshya

LIC Jeevan Lakshya, participating non-linked, limited premium paying conventional profit linked Endowment Assurance plan which provides Annual Income Benefit to fulfill the family requirements. In case of death of the policy holder takes place prior to the maturity, 10% of the basic sum assured will be paid on every policy anniversary, further it also provides a lump sum amount at the time of maturity regardless of survival of the policyholder. 

Policy Benefits : 

On Death : 
Sum Assured on Death + Bonuses & 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 & Final Additional Bonus, if any, on maturity. (on due date of maturity) 
On Survival : On survival Basic Sum Assured + Vested Bonus + FAB if any. 
Premium Payment Mode: Yearly, Halfly, Quarterly, Monthly(ECS)
Term : 13 to 25 Years
P.P.T. (Policy Term minus 3) Years
Minimum Entry Age : 18 Year Completed
Maximum Entry Age : 50 Year (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. 
Surrendered Value : The Policy can be surrendered at any time during the policy term provided at-least 3 full years premiums have been paid.

Loan : Available after payment of premium of 3 full years.


Income Tax Benefit :

� Premium paid under this plan is eligible for TAX rebate under section 80c.
� Maturity under this plan is free under sec 10(10D).

Best for planning children education and marriage.

INSURANCE FAKE CALLS - NEVER GIVE ANY INFORMATION ONLINE

Life Insurance fake phone calls

You may get fake calls saying cancel your LIC life insurance plan otherwise your Agent may take 30 to 40% of benefits which is not correct. The Callers may ask your details like Policy number, Date of birth etc., Don't give any information over phone. 

In case ,it is known that you had received a fake or spurious call please file an FIR with the police and lodge complaint at TRAI regulated phone number 1909 with your mobile / landline on which spurious call was received within 3 days of receipt of such call. Please send a copy of complaint to LIC also. Assuring you of our best services always. 

LIC Children plans - complete education planning 9480240513

Children Education Plans

There is no parent who does not think for the future of his child. The education of the child is the very first thing that the parents think about when the baby is born to the family aside from bringing him/her up.



That is why a couple plans for the education of their child as early as they can. This to protect the child from being deprived of his right to education in case something happens to the parents*. Premium waiver benefit comes as a rider.



An Education Insurance can help the child pursue his education with or without his parents. An Education Insurance can be purchased anytime for a child.



The parents therefore can already buy and education insurance for their child even he is not yet born. It is even beneficial on the part of the parents to buy an education plan during this period because the premium is lesser compared to when the child is already there.



So the earlier you buy the plan the lesser the cost is.


* Further premiums are waived off, child gets all benefits at the end as given in the policy documents. 



Please feel free to Call us at 9480240513

LIC POLICY STATUS ONLINE

By sending an SMS with your LIC policy number to 56767855 you can get all details of your LIC life insurance policy. 


Type the following in your mobile message box: 

ASKLIC < POLICY NO > Desired code 

To know your installment Premium :- 
ASKLIC < POLICY NO > PREMIUM

If your policy has lapsed, to know your revival amount: 
ASKLIC < POLICY NO > REVIVAL

To know the amount of bonus vested for your policy:-
ASKLIC < POLICY NO > BONUS

To know the amount of loan you can avail against your LIC policy:- 
ASKLIC < POLICY NO > LOAN

To know the nomination details for your LIC Policy:- 
ASKLIC < POLICY NO > NOM 


This facility is available all over the World throughout the year.
Just send SMS from your mobile and don't forget to type your LIC policy number. 


http://licbangalore.com/licpolicystatus.html


For Annuity plans, through SMS: 56767877

Type: LIC Pension [STAT /ECDUE/ANNPD/PDTHRU/AMOUNT/CHQRET] 

Enquiries:- 


a) IPP Policy Status, (STAT)
b) Existence Certificate Due, (ECDUE)
c) Last Annuity Released Date, (ANNPD)
d) Annuity Payment thru (CHQ/ECS/NEFT) (PDTHRU)
e) Annuity Amount (AMOUNT)
f) Cheque Return Information (CHQRET)


For more info, please call your LIC Agent or visit the nearest branch.

LIC Jeevan Anand - 815

LIC'S NEW JEEVAN ANAND - 815

LIC New Jeevan Anand (815) Plan is a participating non-linked plan which offers an attractive combination of protection and savings. This combination provides financial protection against death throughout the lifetime of the policyholder with the provision of payment of lumpsum at the end of the selected policy term in case of his or her survival.Premium Payment Mode:
Yearly, Half yrly, Quarterly, Monthly(ECS)
Term :
15 to 35 years
Minimum Entry Age :
18 Year Completed
Maximum Entry Age :
50 Year (Nearest Birthday)
Maximum Maturity Age :
75 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 : Provided all due premiums have been paid, the following death benefit shall be paid:
• On Death during the policy term: Death benefit, defined as sum of “Sum Assured on Death”and vested Simple Reversionary Bonuses and Final Additional bonus, if any, shall be payable.Where, “Sum Assured on Death” is defined as higher of 125% of Basic Sum Assured or 10 times of annualised premium.
This death benefit shall not be less than 105% of all the premiums paid as on date of death.The premiums mentioned above exclude service tax, extra premium and rider premiums, if any.
• On death of policyholder at any time after policy term: Basic Sum Assured
On Survival : 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.

Surrendered Value : The policy can be surrendered for cash provided atleast three full years premiums have been paid.The Guaranteed Surrender value during policy term shall be a percentage of total premiums paid (net of service tax) excluding extra premiums and premiums for riders, if opted for. This percentage will depend on the policy term and policy year in which the policy is surrendered
Loan : Loan can be availed under the policy provided the policy has acquired a surrender value and subject to the terms and conditions as the company may specify from time to time.
Income Tax Benefit :
• Premium paid under this plan is eligible for TAX rebate under section 80c.
• Maturity under this plan is free under sec 10(10D).

LIC Endowment Plan - 814

NEW ENDOWMENT PLAN - 814

LIC's New Endowment Plan is a participating non-linked plan which offers an attractive combination of protection and saving features. This combination provides financial support for the family of the deceased policyholder any time before maturity and good lump sum amount at the time of maturity for the surviving policyholders. This plan also takes care of liquidity needs through its loan facility.Plan Number: 814
Plan name: New endowment plan
Minimum Eligible Age: 8
Maximum Eligible Age: 55
Minimum Policy term: 12
Maximum policy Term: 35
Minimum Sum assured: 1,00,000
Maximum Sum Assured: No Limit(Multiple of Rs. 5000)
Minimum age at entry for DAB is 18
Mode of Premium payment: Yly, Hly, Qtly, SSS & ECS
Gender Allowed: Both
Maximum age at entry for Accident benefit: 55
Max cover ceasing age Accident benefit: 70
Minimum Accident Benefit Sum Assured: 1,00,000 (Multiple of Rs. 5000)
Rebate: Available Yearly and Half yearly
Sum Assured Rebate: Available
Loan Available: After at least 3 years of Premium payments
Profit plan: with Profits

Back Dating: Yes, Policy is back dated to the lean months ,viz. April, May, July, and August, interest is to be charged for period in excess of 3 months.
More Details... or Call 9972660645