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Showing posts from August, 2021

LIC NEW POLICY - New Endowment (914)

New Endowment (914) Plan:  New Endowment (914) Product Summary:  New Endowment Plan (914) is a regular premium, non-linked, with-profits Endowment Plan. Premium Payment Mode:  Yearly, Half, Quarterly, Monthly(ECS) Term:  12 to 35 years Minimum Entry Age:  8 Year Completed Maximum Entry Age:  55 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 : Sum Assured + Vested Bonus + FAB if any.,OR 7 times of Annualized Premium, OR 105%of all Premiums paid as on death, WHICHEVER IS HIGHER. On Survival : On survival Basic Sum Assured + Vested Bonus + FAB if any. Surrendered Value : The Policy can be surrendered at any time during the policy term provided at least 2 full years' premiums have been paid. Loan:  Loan Facility is available under this plan, after payment ...

Know About Your Life Insurance

Life insurance in India made its debut well over 100 years ago. In our country, which is one of the most populated in the world, the prominence of insurance is not as widely understood, as it ought to be. What follows is an attempt to acquaint readers with some of the concepts of life insurance, with special reference to LIC.   It should, however, be clearly understood that the following content is by no means an exhaustive description of the terms and conditions of an LIC policy or its benefits or privileges. For more details, please contact our branch or divisional office. Any LIC Agent will be glad to help you choose the life insurance plan to meet your needs and render policy servicing.   What Is Life Insurance? Life insurance is a contract that pledges payment of an amount to the person assured (or his nominee) on the happening of the event insured against. The contract is valid for payment of the insured amount during: » The date of maturity, or » Specified dates at peri...

LIC NEW POLICY - LIFE INSURANCE PLANS

ENDOWMENT PLANS New Endowment (914) Jeevan Anand (915) Single Premium Endowment(917) Micro Bachat (951) AADHAAR SHILA PLAN (944) Jeevan Lakshya (933) Jeevan Labh(936) Aadhaar Stambh (943) WHOLE LIFE PLANS Jeevan Umang (945) MONEY BACK PLANS 20Year Money Back (920) Bima Bachat (916) 25Year Money Back (921) Child Money (932) Jeevan Tarun (934) Jeevan Shiromani (947) Bima Shree (948) SINGLE PREMIUM PLANS Single Premium Endowment (917) Bima Bachat (916) TERM PLANS Saral Jeevan Bima(859) Jeevan Amar (855) PENSION/ANNUITY PLANS Pradhan Mantri Vaya Vandana Yojana (856) Jeevan Shanti (850) Jeevan Akshay (VII) Saral Pension (862) HEALTH PLAN Cancer Cover (905) Aarogya Rakshak (906) CHILD PLAN Child Money Back (932) Jeevan Tarun (934) Single Premium Endowment (917)

About LIC NEW POLICY

  My Name is K. Praveen Kumar, I have been working as a chief organiser in LIC of India since 12 Years. I have more than1200 policy holders, Interacting with Prospective customers to make them comprehend the benefits of LIC is the main forte of my professional career. Rendering professional services and getting feedback from my existing clients for continuous improvement is my highest priority. Most of the people often get failed in fulfilling their family responsibilities and commitments in their lives owing to an unplanned financial approach. I just wanted to take the opportunity in helping you understand the long-term benefits of investing your savings in an insurance policy for better future prospects. My focus would be always is to explain the features of different insurance policies currently offered by the company and to advise the best based on the client’s portfolio and requirement.   The return on investment during [or] at the end of policy term will give you enough ...