Scribd Logo
Upload

Welcome to Scribd!

  • 34 views

    Jeevan Saral

    Uploaded by

    sandy dheer
    Jeevan Saral is LIC's monthly recurring premium life insurance plan that provides flexibility to pay premiums monthly like a bank deposit. It offers life coverage of 250 times the monthly premium as well as return of premiums paid and loyalty additions after 10 years. The plan is suitable for individuals who prefer paying monthly premiums and want flexibility to withdraw funds after 10 years.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd

    Jeevan Saral

    Uploaded by

    sandy dheer
    34 views2 pages
    Jeevan Saral is LIC's monthly recurring premium life insurance plan that provides flexibility to pay premiums monthly like a bank deposit. It offers life coverage of 250 times the monthly premium as well as return of premiums paid and loyalty additions after 10 years. The plan is suitable for individuals who prefer paying monthly premiums and want flexibility to withdraw funds after 10 years.

    Original Title

    JEEVAN_SARAL

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    DOC, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Jeevan Saral is LIC's monthly recurring premium life insurance plan that provides flexibility to pay premiums monthly like a bank deposit. It offers life coverage of 250 times the monthly premium as well as return of premiums paid and loyalty additions after 10 years. The plan is suitable for individuals who prefer paying monthly premiums and want flexibility to withdraw funds after 10 years.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    34 views2 pages

    Jeevan Saral

    Uploaded by

    sandy dheer
    Jeevan Saral is LIC's monthly recurring premium life insurance plan that provides flexibility to pay premiums monthly like a bank deposit. It offers life coverage of 250 times the monthly premium as well as return of premiums paid and loyalty additions after 10 years. The plan is suitable for individuals who prefer paying monthly premiums and want flexibility to withdraw funds after 10 years.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    You are on page 1of 2

    JEEVAN SARAL

    LIC’s Monthly Recurring type scheme which


    works like an ATM(any time money)

    'JEEVAN SARAL' is a unique plan having good features of the conventional plans
    and the flexibility of unit-linked plans. The added advantage and USP of this plan
    is that one can choose the premium he/she wants to pay on either mode
    incl. Monthly and can withdraw partial or full amount If necessary after 10
    yrs, with high risk cover for life….that in case of death the nominee/heirs
    get 250 times themonthly basic premium along with return of premiums
    plus loyalty additions. This plan is ideal and most suitable for persons who
    can not pay yearly lump sum premium and are comfortable in paying
    monthly premium ,like a Bank Recurring deposit scheme.

    Salient Features

    • Risk Coverage : First policy which provides 250 times of basic monthly
    premium + Return of premiums + Loyality Addition (if any).
    • Children between age 1 to 12 years are eligible.
    • Term Assurance Rider Option: An amount equal to the Term Assurance
    Sum Assured is payable only on death of the policyholder during the policy
    term.

    Benefits

    • Maturity Benefits: Maturity S.A. + Loyality Additions, if the policy was in


    force for a minimum of 10 policy years.
    • Death Benefit: 250 times the monthly basic premium + return of premium
    paid (excluding extra/rider premium and 1st year premium) + Loyality
    additions, if any.

    Policy features

    • Minimum Age at Entry : 12 years


    • Maximum Age at Entry : 60 years
    • Maximum Maturity Age : 70 years
    • Maximum Term : 35 years
    • Maximum Premium : No Limit
    • Premium in multiples of Rs. 50/- p.m. thereafter
    • Mode of Premium : Yearly, Half-Yearly, Quarterly, Monthly
    • Accident Benefit & Disability is allowed (with extra premium)
    • Policy Loans, Housing loan ,Assignment, revival facilities available.
    • Avail Income Tax exemption u/s 80C for premiums paid, and all maturity
    proceeds are totally Tax free under Sec. 10/X-D

    For further details

    Pls. Contact Sanjeev Dheer Life strategist ( LIC ) @ 9810284129

    You might also like