Jeevan Saral

Jeevan Saral :

( Winner of Golden Peacock Innovative Product Award, one and only policy )


ALL IN ONE, ATM PLAN - 


ANY TIME.... ANY NEED.... 


MONEY BACK.

Except LIC there is no other Insurance company have this type of policy.

Feature of plan: This plan contains good feature of the conventional plans and the flexibility of unit linked plans. It provides higher cover, smooth return, liquidity and considerable flexibility. In this plan one has to choose the premium he wants to pay whereas in normal plans one chooses the S.A. under this plan death cover will be same irrespective of age at entry and term. The sum payable at maturity however differs for different entry age and terms. This plan is very appropriate for employees seeking life cover through salary savings schemes.

Surrender value: the policy can be surrender after it has been in force for at least 3 full years. The surrender value will be the greater then guaranteed surrender value or special surrender value as given below:

Guaranteed surrender value (GSV): the GSV will be equal to the 30% of the total amount of premium paid excluding the premium for the first year and all the extra premiums and premium for accident / term riders.

Special surrender value (SSV): the special surrender value under the policy shall be paid as the sum of (a) and (b) gives as under:

• Discounted value or accumulated value, as the case may be, of the following: 80% of maturity S.A. if 4 years premium have been paid, 90% of the maturity S.A. if or more years but less then 5 years premiums have been paid and 100% of the maturity S.A. if 5 or more years premium have been paid.
• The loyalty additions, if any as announced while declaring the results of the corporation's valuation as on 31st march, immediately preceding the date of surrender.

Auto cover: the plan offers auto cover of 12 month after the policy has been in force for a period of 3 years or more.

Flexible term: the policyholder can choose a maximum term but can surrender at any time without any surrender penalty or loss.

Partial surrenders: the plan will allow partial surrender from 4th year onwards subject to certain conditions for which please refer to policy document. Due to existence of the flexible term and partial surrender the policyholder will enjoy a lot of liquidity under the plan. The plan also provides for 15 days free look period".

Optional rider: term assurance rider, accidental death and disability benefit rider is available by the payment of an addition premium.

Maturity sum assured (MSA): has to be calculated on the basic premium only, before mode rebate & death accident benefit.

Death benefit S.A. will be 250 times the monthly basic premium. To arrive at DAB we have to calculate death benefit S.A. e.g. if yearly premium is Rs.6000 

The death benefit S.A. = 6000/12 x 250 = 1,25,000 for this DAB will be @ Re.1per thousand which come out to be Rs.125

Bring Home Peace of mind.

Home Loans Made Simple.

Welcome to the world of LIC Housing Finance Ltd.
Quality consideration is of utmost importance when something as priceless as your dream home is concerned.
"Trust L I C H F L." for the highest quality in all aspects of home finance. It has transformed millions of lives and now it's your turn.
BOND WITH THE BEST !
- Low interest rate, the most favorable Cost benefit ratio for customers.
- Transparency with No Hidden Costs & No Gimmicks.
- Simple Processing systems, easy approvals.
- Expert advice in respect of property Title & legalities, Service at your door step.

We Provide Loans For :
- Purchase & Construction House Extension / Takeover
- Repairs & Renovation Plot Purchase
- Takeover Loans - If you already have a housing loan with another financial institution at a higher rate of Interest, it can be re-financed & top-up loan is also possible depending on Property Value.

All in all, LICHFL has in store for you, a rare gift by way of a Perfect Home Finance.A Smile of Satisfaction, Joy of Fulfillment and Peace of Mind. Go for it !

Lalithababu.d MBA Hyderabad. 18.lalith@gmail.com

+91 98663 92959, +91 9177 171818

_______________________________________________________________________

New Bima Gold

Special Plans

Special Plan that offers the twin benefits of investment

plus insurance cover throughout your life.

This is a unique with profit Money Back Type plan. Premiums paid over the term of the plan are paid back in installments. These will be paid at specified durations in case L.A. survives during the policy term. Life insurance cover is not only available during the term but also during the Extended Term of the plan.

Extended Term : This plan has the facility of an extended term ( which will be half of the policy term ). For example : For 20 years term the extended term will be another 10 years. Hence the total term will be 30 years. The important part of Extended Term is that NO Premiums are payable during this extended term.

1. DEATH BENEFIT : (a) During Policy Term : Basic Sum Assured will be paid to the nominee.

(b) During the Extended Term : 50% of the Basic Sum Assured will be paid, provided all premiums under the policy have been paid.

2. SURVIVAL BENEFIT : In case L.A. survives till the end of specified durations the benefits shall be payable as per the following chart.

__________________________________________________________________________

Policy Term % of S.A. payable at the end of the Policy Year

4th 8th 12th 16th

12 15% 15% - -

16 15% 15% 15% -

20 10% 10% 10% 10%

__________________________________________________________________________

Survival Benefit : Payable in case of life assured surviving to the end of the specified durations provided the policy is in full force as given below:For policy term 12 years:15% of the Sum Assured under Basic Plan at the end of each 4th & 8th policy year For policy term 16 years:15% of the Sum Assured under Basic Plan at the end of each 4th, 8th &12th policy year For policy term 20 years:10% of the Sum Assured under Basic Plan at the end of each 4th, 8th, 12th & 16th policy year On expiry of policy term:Total amount of premiums (excluding extra/optional rider premiums, if any) paid plus Loyalty Additions, if any, less the amount of survival benefits paid earlier.

Amulya Jeevan-1

Whole Life Plans -

Protect your loved ones from any unexpected surprises in life, any time.

This is pure Term Assurance Plan like Anmol Jeevan. In this plan Min.Sum Assured 

is 25 lakhs.

Other details : 

(a) Plan is allowed to Physically Handicapped Persons as per the existing rules.

(b) This plan is allowed to Persons engaged in hazardous occupations by charging appropriate occupational extra.

(c) Proposals are considered on the on the basis of Medical Reports & Special Reports (if any). FMR (Full Medical Report) will be required to be done by Divisional Medical Referee (DMR) / Addl.DMR or by Third Party Administrators (TPA). FMR from Medical Examiners with enhanced powers will not be accepted.

(d) Cost of Medical Exam.including Special Reports will be borne by LIC as per rules.

(e) SUC will be calculated as per existing rules. For calculating SUC, Sum Assured under this plan is to be considered.

(f) Extra Premium Rates to be changed in case of sub standard lives. The extra premium for higher EMR will be in multiples (as applicable under Endowment Plan) of these class 1 extra rates.

(g) Grace Period : Grace period of 15 days will be allowed for payment of YLY / HLY premiums. If death occurs within this period & before the Payment of the premium then due, the policy shall be valid and S.A. shall be payable after the deduction of the said premium. If premiums are not paid within grace period, policy will lapse.

Maturity Benefits : On maturity NO Amount will be paid to the Policyholder.

Death Benefits : On death of the Policyholder during policy term, S.A. will be paid to the nominee.

Welcome

         Invest in time - Gain for Life Time.

             Savings through Life Insurance.

Insurance Plans are Polices that talk to you individually and gives you the most suitable options that can fit for your Future Financial Needs & Dreams.

LIC OF INDIA's Polices

- Full Guarantee   - Full protection   - Liquidity   - Tax Relief   

- Money When You Need It   - Insurance For Women   

- Medical And Non Medical Schemes    

- With Profit Plans gives you the best Financial bright future 

   for You and your Family    

- LIC Completes 52 years of service to its customers   

- A Smile of Satisfaction, Joy of Fulfilment    and Peace of Mind. Go for it !

We take care of your h ard earned money, while you relax. So Insure & Be Secure

with LIC OF INDIA. I am here to guide you through your Insurance & Investment Plans.

Lalithababu.d

LIC Agent. Code No: 230360B

Call Us at Hyderabad - +91 98663 92959

Email Us : 18.lalith@gmail.com

Visit Us : http://www.liclalith.blogspot.com/

Service at your doorstep.

" Guaranteed Returns with the Seal of Trust "

Jeevan Chhaya

Childrens Plans

Realise your dream of giving your 

child a bright future.

Suitability : Right Policy for a person who wants to provide funds for Daughter's Marriage. This plan is open even to bachelors.

Other Details :

[a] Premium has to be paid for the fixed term of the policy.

[b] 25% of S.A. is given every year during the last 4 years of maturity to the Policyholder, if he is surviving. Otherwise, to the nominee if Policyholder dies anytime during policy life or during the years before maturity.

[c] Plan is not allowed for :

[1] When Occupation Extra is changeable, 

[2] Pregnant Ladies

Maturuty Benefits : On maturity, Bonus on the full Sum Assured & Final Additional Bonus if any is given alongwith the last 25% balance of Sum Assured.

Death Benefits : If the policyholder dies during the life of the policy, Sum Assured is paid immediately to the nominee. Future premiums are waived. Further, 25% of Sum Assured every year during the last 4 years of term will also be paid. Apart from this, Bonus for the full term alongwith Final Additional Bonus if any will be paid at the end of the term.

Jeevan Saathi

Product summary :

This is an Endowment Assurance Plan issued on the lives of husband and wife. The plan provides financial protection against death of both the lives. It pays the maturity amount on survival of one or both the lives to the end of the policy term.

Maturity Benefit :

If one or both the lives survive till the end of the policy term, Sum Assured along with all bonuses declared up to maturity date is payable in a lump sum. 

Supplementary/Extra Benefits :

These are the optional benefits that can be added to your basic plan for extra protection/option. An additional premium is required to be paid for these benefits.

Survival benefits:

If one or both the lives survive to the maturity date, the sum assured, along with the accumulated bonus, is payable.

Death Benefits:

In case either of the couple dies during the policy’s term, two things happen. One, LIC pays to the surviving spouse the full sum assured. And, two, the policy continues on the life of the surviving partner without him/her having to pay any further premiums, i.e. the life cover on the survivor continues free of cost.

Death Benefit : 

On first death the Sum assured is payable in a lumpsum. If the survivor of the two lives dies thereafter during the remaining policy term, Sum Assured along with the all bonuses is payable again in a lumpsum.

The sum assured is again be payable on the death of the other partner in case both the husband and wife were to die during the term of the policy. Vested bonus would also be paid along with the sum assured on the second death.

Surrender Value :

Buying a life insurance contract is a long-term commitment. However, surrender values are available under the plan on earlier termination of the contract.

Guaranteed Surrender Value :

The policy may be surrendered after it has been in force for 3 years or more. The guaranteed surrender value is 30% of the basic premiums paid excluding the first year’s premium.

Premiums : 

Premiums are payable yearly, half-yearly, quarterly, monthly or through salary deductions as opted by you throughout the term of the policy or till the first death of the lives covered, whichever is earlier.

Bonuses : 

This is a with-profit plan and participates in the profits of the Corporation’s life insurance business. It gets a share of the profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan. Such bonuses are to be added till date of maturity or the second death of the lives covered, whichever is earlier. Final (Additional) Bonus may also be payable provided policy has run for certain minimum period.

Jeevan Kishore

Childrens Plans

Realise your dream of giving your child a 

bright future.

Product summary:

This is an Endowment Assurance Plan available for children of less than 12 years of age. The policy may be purchased by any of the parent/grand parent.

Commencement of risk cover:

The risk commences either after 2 years from the date of commencement of policy or from the policy anniversary immediately following the completion of 7 years of age of child, whichever is later.

Premiums:

Premiums are payable yearly, half-yearly, quarterly or monthly throughout the term of the policy or till earlier death of child.

Bonuses: 

This is a with-profits plan and participates in the profits of the Corporation’s life insurance business.  It gets a share of the profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year.  Once declared, they form part of the guaranteed benefits of the plan. A Final (Additional) Bonus may also be payable provided policy has run for certain minimum period.

Death Benefit :

The Sum Assured along with vested bonuses, if any, is payable in a lump sum upon the death of the life assured after the commencement of the risk. If death occurs before the commencement of the risk, the premiums paid excluding the premiums for the Premium Waiver Benefit, if any, will be refunded.

Maturity Benefit: 

Sum assured along with all bonuses declared during the policy term is payable in a lump sum on survival to the end of the policy term.

Premium Waiver Benefit:

This is an optional benefit that can be added to your basic plan.  An additional premium is required to be paid for this benefit. By payment of this additional premium, the proposer can secure the benefit of cessation of premiums from his/her death to the end of the deferment period. The deferment period for this purpose is to be taken as 18 minus age at entry of child.

Surrender Value:

Buying a life insurance contract is a long-term commitment.  However, surrender values are available on the policy on earlier termination of the contract.

Guaranteed Surrender Value:

The policy may be surrendered after it has been in force for 3 years or more.  The guaranteed surrender value, if policy is surrendered before the date of commencement of risk is 90 % of premiums paid excluding premium for the first year. If policy is surrendered after the date of commencement of risk, the guaranteed surrender value is 30 % of premiums paid after commencement of risk together with 90 % of premiums paid before the commencement of risk. Premiums for the first year and the premiums for Premium Waiver Benefit, if any, will be excluded.

Jeevan Pramukh

Plans for High Worth Individuals

Match your Highflying lifestyle with the right kind of Investment.

Feature : This with Profit plan is like an Endowment Assurance plan suitable for high net worth people with convenient premium paying term of 3, 4 and 5 years.

Premiums :

Premiums are payable yearly, half-yearly, quarterly or monthly, as opted by you, throughout the premium paying term or till earlier death.

Guaranteed Additions: 

The policy provides for the Guaranteed Additions at the rate of Rs. 50/- per thousand Sum Assured for each completed year for first five years of the policy. The Guaranteed Additions are payable along with the Sum Assured at the time of claim.

Bonuses : 

The policy participates in the profits of the Corporation’s life insurance business from the 6th year onwards. It will get a share of the profits in the form of bonuses. Simple Revisionary Bonuses will be declared per thousand Sum Assured annually at the end of each financial year. Once declared, they will form part of the guaranteed benefits of the policy.

Maturity Benefit:

The Sum Assured along with accrued guaranteed additions and vested simple revisionary bonuses and Terminal Bonus, if any, is payable in a lump sum on survival to the end of the policy term.

Death Benefit : 

The Sum Assured along with accrued guaranteed additions and vested simple revisionary bonuses and Terminal Bonus, if any, is payable in a lump sum on death of the life assured during the policy term.

Surrender Value :

Buying a life insurance contract is a long-term commitment. However, surrender value is available on the plan on earlier termination of the contract.

Guaranteed Surrender Value :

The policy may be surrendered for cash after more than one year’s premium have been paid. The guaranteed surrender value will be 30% of the total amount of premiums paid excluding the first year’s premium and the extra premiums, if any.

Paid-up Value

The policy will acquire paid-up value after more than one year’s premiums have been paid subject to Terms and Conditions.

ELIGIBILITY CONDITIONS AND OTHER RESTRICTIONS:

Minimum Age at entry	18 years completed
Maximum Age at entry	65 years (age nearer birthday)
Maximum Maturity Age	75 years (age nearer birthday)
Policy Term	5, 10, 15, 20 or 25 years
Sum Assured	Minimum Rs.10 lakh. Thereafter in multiples of Rs.1,00,000

Rebate for Mode of Premium Payment:

Yearly	2% of tabular premium
Half-Yearly	1% of tabular premium
Quarterly	Nil
Monthly	5% extra of tabular premium

Sum Assured Rebate:

Up to and including Rs.50 lakh	Nil
Above Rs.50 lakh	Rs. 0.50 per thousand Sum Assured

Child Future Plan

Realise your dream of giving your child a bright future.

This plan is specially designed to meet the increasing educational, marriage and other needs of growing children. It provides the risk cover on the life of child not only during the policy term but also during the extended term (i.e. 7 years after the expiry of policy term). A number of Survival benefits are payable on surviving by the life assured to the end of the specified durations.

Benefits: Survival Benefit:  On life assured surviving to the end of the specified durations an amount specified below is payable: 5 years before the date of expiry of policy term - 25% of the Sum Assured 4 years before the date of expiry of policy term - 10% of the Sum Assured 3 years before the date of expiry of policy term - 10% of the Sum Assured 2 years before the date of expiry of policy term - 10% of the Sum Assured 1 years before the date of expiry of policy term - 10% of the Sum Assured On the date of expiry of policy term - 50% of the Sum Assured along with vested Simple Reversionary Bonuses and Final (Add

Eligibility Conditions and Other Restrictions:

(a)	Minimum Entry Age	:	0 years (last birthday)
(b)	Maximum Entry Age	:	12 years (last birthday)
(c)	Minimum Maturity Age	:	23 years (last birthday)
(d)	Maximum Maturity Age	:	27 years (last birthday)
(e)	Minimum Sum Assured	:	Rs. 1,00,000
(f)	Maximum Sum Assured	:	Rs. 100,00,000
(g)	Policy term	:	11 to 27 years
(h)	Premium Paying term	:	6 years and Policy term less 5 years

Death Benefit:
On death (after the Date of Commencement of Risk) - Sum Assured along with vested Simple Reversionary Bonuses and Final (Additional) Bonus, if any shall be payable. 

On death during the Extended Term - Sum Assured is payable.
 
On death (before the Date of Commencement of Risk) - All the premiums paid (excluding extra premium and premium for premium waiver benefit, if any,) along with interest of 3% p.a compounding yearly shall be payable.

Auto Cover:
If after at least two full year’s premiums have been paid, and any subsequent premium be not duly paid, full death cover shall continue for a period of two years from the due date of the First Unpaid Premium (FUP). During this Auto Cover Period, one or more instalments of premiums with interest can be paid without submission of evidence of health. On payment of one or more of the arrears of instalment premiums with interest, the Auto Cover Period of 2 years shall be extended from the due date of new FUP. Premium Waiver Benefit shall remain inforce during the Auto Cover period.   

Premium Waiver Benefit:
The proposer can opt for this benefit if aged between 18 and 55 and is medically fit. It provides waiver of premiums on death of proposer. Further the benefit shall remain in force during the Auto cover period. Any premiums that have fallen due and not paid during the Auto Cover period shall also be waived. This benefit shall not be available in case of suicide by the proposer within one year of policy. Further, revival of the policy shall be subject to medical fitness of the proposer.