LIC Anmol Jeevan 2 Plan No. 822 is a term insurance plan that means it has no bonus facility and there is no maturity benefit. It is only going to provide death benefit in case of the insured life meet to death within the policy term. In that case the sum assured is provided to the nominee of the policyholder. There is no money back facility that means the premium you have paid is not going to be … [Read more...]
LIC Amulya Jeevan 2 (823)- A pure Term Insurance Plan
LIC Amulya Jeevan 2 table no. 823 is a plan is pure term insurance plan. In short it's without bonus facility and there is no maturity benefit. It is only going to provide death benefit in case of the insured life meet to death within the policy term. In that case the sum assured is provided to the nominee of the policyholder. There is no money back facility that means the premium you have paid is … [Read more...]
Pradhan Mantri Jeevan Jyoti Bima Yojana
This is an Insurance Scheme launched by our Prime Minister in 2015 according to this the policyholder will get the life insurance coverage for death due to any reason. This is an annual policy that is to be renewed every year and individual can take the benefits of this scheme by LIC and other insurance companies who were engaged in this scheme. Also the person who wants to have Pradhan Mantri … [Read more...]
Convertible Term Assurance Policy
LIC Convertible Term Assurance Policy (Table No. 58) is a plan with an option to convert the policy to whole life limited Payment Assurance or Endowment Assurance at any time during the specified term, without under going fresh medical examination. LIC Convertible Term Assurance Policy is designed to meet the needs of those who are initially unable to pay the larger premium required for a Whole … [Read more...]
Two Year Temporary Assurance
Life Insurance Corporation of India has insurance policy for every need. Two Year Temporary Assurance policy (Table no. 43) caters to the individuals who specifically need insurance cover against risk for a short period of two years or less, for example, if you are going on tour for a year or two, you may consider a Temporary Term assurance plan. Two Year Temporary Assurance Policy … [Read more...]
Mortgage Redemption Assurance
Mortgage Redemption Assurance policy (Table No. 52) (without profits) is designed to meet the requirements of the policy holding individual who want to ensure that all his outstanding loans and debts are automatically paid up in the event of his unfortunate death. If you have a home loan or any other loan or debt then this policy is for you. Under the Mortgage Redemption Assurance policy … [Read more...]
LIC Amulya Jeevan 1
LIC Amulya Jeevan 1 (Table No. 190) Amulya Jeevan 1 Summary: Protect your loved ones from any unexpected surprises in life, any time with Life Insurance Corporation of India's Amulya Jeevan. Amulya Jeevan 1 (Plan No. 190) is a Term Assurance plan with minimum Sum Assured of Rs.25 lakh. This is a pure Term Assurance Plan like Anmol Jeevan 1. Need Less than 25 lakh Term? Check: Anmol Jeevan 1 … [Read more...]
LIC Anmol Jeevan 1
LIC Anmol Jeevan 1 Table No. 164 Term insurance is often the most inexpensive life insurance solution. Term insurance is recommended by most of the investment and financial experts. Anmol Jeevan-I Summary: Life Insurance Corporation Of India's Anmol Jeevan-I (Plan No. 164) is a unique plan of assurance, by far the cheapest policy to buy; cheaper than even a whole life policy to start with. … [Read more...]