Lic New Jeevan Anand Plan Table No 815
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Lic New Jeevan Anand Plan Table No 815

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15 of 85 Publicar um comentário

  • Full Name Full Name Comment goes here.
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  • Hi,
    I am Dipak Sen an authorized agent-cum-advisor of Life Insurance Corporation of India (LIC of India) serving in Kolkata,West Bengal. I am here to help you to choose the right LIC policy as per your needs and requirements. I can provide more details on LIC’s various Investment plans. This way you can save your valuable time and hard earned money. I help you by suggesting a best option of LIC policy which full fill your Dreams and requirements.

    Email me at dpksen82@gmail.com for suggestions/ consultations/queries regarding any Policy of LIC.
    Only interested persons of Kolkata contract me.
    M.NO.9836936890

    click to view the Insurance Plans offered by LIC of India.
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  • I am Dipak Sen an authorized agent-cum-advisor of Life Insurance Corporation of India (LIC of India) serving in Kolkata,West Bengal. I am here to help you to choose the right LIC policy as per your needs and requirements. I can provide more details on LIC’s various Investment plans. This way you can save your valuable time and hard earned money. I help you by suggesting a best option of LIC policy which full fill your Dreams and requirements.

    Email me at dpksen82@gmail.com for suggestions/ consultations/queries regarding any Policy of LIC.
    Only interested persons of Kolkata contract me.
    M.NO. 9836936890

    click to view the Insurance Plans offered by LIC of India.
    Are you sure you want to
    Sua mensagem vai aqui
    Processing...
  • Hi,
    I am Dipak Sen an authorized agent-cum-advisor of Life Insurance Corporation of India (LIC of India) serving in Kolkata,West Bengal. I am here to help you to choose the right LIC policy as per your needs and requirements. I can provide more details on LIC’s various Investment plans. This way you can save your valuable time and hard earned money. I help you by suggesting a best option of LIC policy which full fill your Dreams and requirements.

    Email me at dpksen82@gmail.com for suggestions/ consultations/queries regarding any Policy of LIC.
    Only interested persons of Kolkata contract me.


    click to view the Insurance Plans offered by LIC of India.
    Are you sure you want to
    Sua mensagem vai aqui
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  • Hi
    I am very happy to inform you that now you can save your Tax and get other benefits by getting an insured LIC policy.
    There are very good and different types of policies available according to your needs and budget.
    Also there are very easy and convenient ways to check your details on-line like Paid Instalment, Your Personal Details, Next Due Date/Payment. If you have any query regarding LIC insurance policies, please let me know and I will help you as soon as possible.

    For further details please contact me on the below provided information:

    Contact Details:
    Anne Hema Latha (LIC Agent & Advisor)
    Code no---3721-693
    Mobile--91--8985672204
    E-mail---licagent693@gmail.com
    Location----Only Andhra Pradesh


    Thanks& Regards
    Anne Hema Latha
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  • Policy Document

    LIC's New Jeevan Anand Plan is a participating non-linked plan which offers an attractive combination of protection and savings. This combination provides financial protection against death throughout the lifetime of the policyholder with the provision of payment of lumpsum at the end of the selected policy term in case of his/her survival. This plan also takes care of liquidity needs through its loan facility.

    1. Benefits:

    Death benefit :

    Provided all due premiums have been paid, the following death benefit shall be paid:

    On Death during the policy term: Death benefit, defined as sum of Sum Assured on Death and vested Simple Reversionary Bonuses and Final Additional bonus, if any, shall be payable. Where, Sum Assured on Death is defined as higher of 125% of Basic Sum Assured or 10 times of annualised premium. This death benefit shall not be less than 105% of all the premiums paid as on date of death.

    The premiums mentioned above exclude service tax, extra premium and rider premiums, if any.

    On death of policyholder at any time after policy term: Basic Sum Assured

    Benefits payable at the end of Policy Term: Basic Sum Assured, along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable in lump sum on survival to the end of the policy term provided all due premiums have been paid.

    Participation in Profits : The policy shall participate in profits of the Corporation and shall be entitled to receive Simple Reversionary Bonuses declared as per the experience of the Corporation during policy term provided the policy is in full force.

    Final (Additional) Bonus may also be declared under the plan in the year when the policy results into death claim during the policy term or due for the survival benefit payment provided the policy is in full force and has run for certain minimum term.

    2. Optional Benefit:

    LIC's Accidental Death and Disability Benefit Rider: LIC's Accidental Death and Disability Benefit Rider is available as an optional rider by payment of additional premium during the policy term. In case of accidental death during the policy term, Accident Benefit Sum Assured will be payable as lumpsum along with the death benefit under the basic plan. In case of accidental permanent disability arising due to accident (within 180 days from the date of accident), an amount equal to the Accident Benefit Sum Assured will be paid in equal monthly installments spread over 10 years and future premiums for Accident Benefit Sum Assured as well as premiums for the portion of Basic Sum Assured which is equal to Accident Benefit Sum Assured under the policy, shall be waived.
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Lic New Jeevan Anand Plan Table No 815 Lic New Jeevan Anand Plan Table No 815 Presentation Transcript

  • LIC’s NEW JEEVAN ANAND PLAN Plan No. 815
  • LIC’s New Jeevan Anand Plan– Benefits Jeevan Anand Plan No. 149 New Jeevan Anand Plan No. 815 Maturity Benefit Maturity Benefit Basic Sum Assured along with Basic Sum Assured along with Vested Simple Reversionary Bonuses Vested Simple Reversionary Bonuses and and Final Additional Bonus, if Any. Final Additional Bonus, if Any Death Benefit During the policy term Modification‘Sum Assured on Death' instead of BSA Death Benefit During the policy term Basic Sum Assured(BSA) along ‘Sum Assured on Death’ along with Vested Simple Reversionary with Vested Simple Reversionary Bonuses and Bonuses and Final Additional Bonus, if any. Final Additional Bonus, if any. After expiry of policy term After expiry of policy term Basic Sum Assured Basic Sum Assured
  • LIC’s New Jeevan Anand Plan– Benefits What is Sum Assured on Death? Sum Assured on Death shall be Higher of ~ 125% of Basic Sum Assured (1.25 x BSA) OR 10 times Annual Premium.(10 x AP). ≈≈≈≈ The death benefit as defined above shall not be less than 105% of total premiums* paid as on the date of death . [*excluding taxes, extra premiums and premiums for riders, if any]
  • LIC’s New Jeevan Anand Plan– Eligibility Conditions and Restrictions Particulars Jeevan Anand Plan No. 149 New Jeevan Anand Plan No. 815 Age at entry 18 to 65 years 18 to 50 years Age at Maturity Maximum 75 years Maximum 75 Years Policy Term 5 to 57 years 15 to 35 years Premium mode Yearly, Half-yearly, Quarterly, Monthly (SSS or ECS) Yearly, Half-yearly, Quarterly, Monthly (SSS or ECS) Basic Sum Assured 100000 and above 100000 and above ( In multiples of 5000) Maximu m Age at entry reduced. Policy term modified
  • LIC’s New Jeevan Anand Plan– Rebates Rebate Mode Rate modified Plan 149 Plan No. 815 Yearly 3% of tabular Premium 2% of tabular premium Half-yearly 1.5% of tabular premium 1% of tabular premium Quarterly Nil Nil Slab & Rate modified Plan No 149 Jeevan Anand Plan No. 815 New Jeevan Anand Basic Sum Assured Rebate (Rs.) Basic Sum Assured Rebate (Rs.) 10,00,000 and above 1.75‰ BSA 10,00,000 and above 3.00‰ BSA 5,00,000 to 9,95,000 1.50‰ BSA 5,00,000 to 9,95,000 2.50‰ BSA 3,00,000 to 4,95,000 1.00‰ BSA 2,00,000 to 4,95,000 1.50‰ 1,00,000 to 2,95,000 Nil 1,00,000 to 1,95,000 Nil
  • LIC’s New Jeevan Anand Plan– Loan Jeevan Anand Plan No. 149 New Jeevan Anand Plan No.815 Available after payment of 3 full Available after payment of 3 full years premiums. years premiums. Loan granted shall be 90% of the The maximum amount of loan that Surrender Value in case of inforce can be granted as a percentage of policies and 85% of the Surrender Surrender Value shall depend on the Value in case of Paid-up policies Policy Term, as given in the table irrespective of the policy term. below. Foreclosure action was initiated on Foreclosure action shall not be taken default of 2 or more half-yearly loan under fully paid-up and inforce interest installments. policies even if there is a default of loan interest. Policy Term Upto 23 24 to 27 28 to 31 32 to 35 % for inforce policies 90% 80% 70% 60% % for Paid-up policies 80% 70% 60% 50% % of loan modified
  • LIC’s New Jeevan Anand Plan– Surrender Value Plan No.149 Plan No. 815 Guaranteed Surrender Value (GSV) Guaranteed Surrender Value (GSV) Available after payment of 3 full years premiums. Available after payment of 3 full years premiums. GSV shall be equal to 30% of the total premiums paid less First Year Premium and extra premium, if any. GSV shall be a percentage of total premiums paid (net of taxes) excluding extra premium, if any and premium paid for riders,if opted for. Examples of GSV factors applicable for total premiums paid Policy Year ~ GSV factor 3 = 30% 5 = 50% t -1 = 80% (t=Policy Term) GSV % modified Cash Value of vested bonuses, if any. Bonus Payable modified No Change GSV factor applicable to vested bonus,if any. Examples of Vested bonus factors – Year of SV – Policy Term – Factor 3 15 17.66% 19 25 20.85% 29 30 30%
  • LIC’s New Jeevan Anand Plan– Surrender Value No change in SSV Jeevan Anand Plan No. 149 New Jeevan Ananad Plan 815 Special Surrender Value (SSV) Special Surrender Value (SSV) Surrender Value shall be the discounted value of the Paid-up Sum Assured and vested simple reversionary bonuses. Surrender Value shall be the discounted value of the Paid-up Sum Assured and vested simple reversionary bonuses. The discount factors shall be surrender value factors as provided in Table-1A and 2A(whole life) of the Special Surrender Value Booklet and will depend upon the policy term and duration elapsed since the commencement of the policy. The discount factors shall be Special surrender value factors as provided in Table-1A and 2A(Whole life) of the Special Surrender Value Booklet and will depend upon the policy term and duration elapsed since the commencement of the policy. Surrender Value Payable Surrender Value payable The Higher of Guaranteed Surrender Value and Special Surrender Value shall be payable. The Higher of Guaranteed Surrender Value and Special Surrender Value shall be payable.
  • LIC’s New Jeevan Anand Plan Jeevan Anand Plan No. 149 New Jeevan Anand Plan No. 815 A Policy may be revived within a period of 5 years from the date of first unpaid premium. A Policy may be revived within a period of 2 years from the date of first unpaid premium. Accident Benefit inbuilt. Accident Benefit as a rider. Taxes, if any , were borne by the corporation. Taxes, if any, shall be applicable at the prevailing rates and borne by the policyholder as per rules. There shall be no change in the following Items Back Dating Grace Period Paid-up Value Assignment/Nomination