Wednesday, February 10, 2010

Jeevan Saral by LIC of India

Jeevan Saral

(Golden Peacock Award winning Insurance Plan)

LIC of India’s Jeevan Saral is a unique life insurance plan having good features of the conventional plans and the flexibility of unit linked plans. Jeevan Saral offers Higher Cover, smooth returns, good liquidity and a lot of flexibility.

Example of Jeevan Saral

Mr. Raj is 25 years old and is working in auto industry. He opts for jeevan saral plan for 15 years term and chooses monthly premium of Rs.1500/- after adding DAB (Double Accidental Benefit) Net premium of Rs.1531. On maturity he will receive Rs.6,66,595/- (as maturity sum assured (MSA) + Loyalty Addition which will be decided by the corporation.) If he dies after 4 years, his nominee will get Rs.3,75,000 (250 x 1500) + premium paid for 4 years – first year premium = 3,75,000 + 72000- 18052 = (total)4,28,948/- + Loyalty Addition, if any.

To See your Money growth in Jeevan Saral Policy Click here —> Jeevan Saral Index.xls

Total Paid by Raj 2,70,225/- In case of Natural Death 3,75,000+Total Premium paid
On Maturity Got 6,66,595/-
In case of Accidental Death 7,50,000+Total Premium paid
Total Profit of 3,96,370/-

Benefits of Jeevan Saral:

  • On Death: 250 times the monthly premium, plus return of premiums excluding extra/rider premium and first year premium, plus the loyalty addition, if any.
  • On Accidental-Death: 500 times the monthly premium, plus return of premiums excluding extra/rider premium and first year premium, plus the loyalty addition, if any.
  • On Maturity: Maturity sum assured, plus Loyalty Additions, if any

Please Note :- This is not a Market base Plan (ULIP), which means no risk of money at all!!!

Features of Jeevan Saral:

  • High risk cover at low premium
  • Extended risk cover for one year after 3 years premium payment.
  • Optional higher cover through Term Riders
  • Any time surrender without any penalty or loss after 5 years
  • Any number of withdrawals through partial surrendering

To view the Illustration Click here–> JeevanSaral

(Note: Please click on enable macro if not able to open directly)

Please Contact for more Details on this Policy

Harish Chand (Authorised Financial Advisor): 9811896425

Posted by at
Labels:

6 comments:

  1. Professional BloggersFebruary 11, 2010 at 8:11 PM

    nice plan of LIC

    ReplyDelete
    Replies
    1. Jeevan SaralMarch 1, 2012 at 2:19 AM

      Jeevan Saral is a unique life insurance plan having good features of the conventional plans and the flexibility of unit linked plans.and that plans are high risk cover at low premium.many features are provide jeevan saral insurance plan.

      Delete
    2. Jeevan SaralMarch 6, 2012 at 11:05 PM

      This plan is very unique for us and this bog have important information related to insurance plan the jeevan saral is the product of LIC and provide many benefits and flexibility in plans.

      Delete
  2. UnknownAugust 23, 2012 at 8:32 AM

    Hello! I want to convey that my cousin had taken Life Insurance policy and when he died in an accident, his Lic Policy did prove worth. He took LIC Policy from the Lic Agent.
    They are pro in serving their clients. I recommend everyone to give them a chance to serve you.

    ReplyDelete
  3. Gaurav BailbhareNovember 27, 2012 at 10:24 PM

    Want To Become LIC Agent In Mumbai Just Make Registration And We Will Guide You To Become Successful LIC Agent Vist www.careerinlic.in or mail at careerinlic@gmail.com

    ReplyDelete
  4. Vicky SMay 13, 2015 at 3:09 AM

    can any one tell review of Atal Pension Yojana? is it good pension plan?

    ReplyDelete

Subscribe to: Post Comments (Atom)