LIC New Bima Bachat Plan No 816 .. एल.आय.सि.न्यू बीमा बचत पॉलिसी

LIC New Bima Bachat Plan No 816...For more detail & buying policy with incentive contact +91 9422895411 or mail me- khairnarbv@gmail.com


LIC Launches new Bima Bachat Plan (Table No 816).
Service Tax shall be applicable at the prevailing rates and borne by the policyholder as per rules.
Maturity Benefit -Single Premium Paid along with loyalty addition less Taxes and  extra premiums ,if any

Death Benefit -
First 5 years:  Sum Assured shall be payable.
After completion of 5 years:  Sum Assured and Loyalty Additions, if any shall be payable.
SURVIVAL BENEFIT (as a percentage of Sum Assured )
Year >Term3rd6th9th12th15th
915%15%MaturityNANA
1215%15%15%MaturityNA
1515%15%15%15%Maturity
Eligibility Conditions and Restrictions
  • Age at entry - 15 years
  • Age at Maturity - Maximum 75 Years
  • Policy Term - 9 , 12 and 15 years
  • Premium mode – Yearly, Half-yearly, Quarterly, Monthly (SSS or ECS)
  • Basic Sum Assured -
    Min Term 9 YrsMin Term 12 YrsMin Term 15 YrsMaximum Term – 9/12/15
    Sum Assured350005000070000No upper LimitSA shall be in multiple of Rs.5000
Loan – Loan facility available after completion of 1 policy year.
Loan can be granted upto 60% of Surrender Value
Surrender Value-
  • Available at any time during the policy term subject to realisation of the premium cheque.
  • No Loyalty Addition payable
  • Higher of GSV or SSV payable
Guaranteed Surrender Value (GSV) -
1st  Year ~ 70% of Single Premium excluding taxes and extra premium,if any.
Thereafter ~ 90% of Single Premium excluding all Survival Benefits paid earlier, taxes and extra premium, if any.
Special Surrender Value (SSV) -Discounted value of Single Premium paid excluding taxes and extra premium, if any.

Comments

  1. Please read this comment carefully if you really care your family...
    Have U ever thought about this Seriously...?
    "Life is precious but Death is most valuable..if you have invested for future in proper manner..!"
    It is matter of your money properly managed for your life planning.
    Life is full of Uncertainties..only assurance is that, those who put an investment program in place, will have lot more money. Family means a bunch of responsibilities.
    To protect and to care... your family
    To invest and to dare...in insurance
    To wait and to bear...for money
    To enjoy and to share...with benefits
    THE ONLY SOLUTION IS LIC OF INDIA

    ReplyDelete

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