Saturday, January 9, 2010

Jeeval Saral Free Presentation


The following presentation gives the features, benefits for a person aged 30 years if he takes the LIC's JEEVAN SARAL policy.
 
JEEVAN SARAL

Proposer         : Mrs. X                                            Age: 30 years.
Nominee         : Mr. Y.                                            Age  34 years.
Term               : 20 years.

Policy Premium:  Rs. 1071 (Qly – Including Double Accident Benefit)





Key Features:

  • This is a Premium based policy rather than sum assured based policy.  The premium amount can be chosen by the policy holder.
  • Here the Maturity Sum Assured is calculated based on the premium paid. 
  • This policy comes with the facility of unit linked policies. 
  • Partial withdrawals are allowed after three years of payment.
  • Auto Cover facility is provided after three years of payment.
  • Attractive surrender value.

Maturity Benefits:

            In this case the maturity benefit will be 95,707 + Loyalty Addition, if any.


Death Benefits:
            250 times the monthly basic premium (Rs. 87500 /-) + return of the premiums paid (excluding the first year premium and extra rider or premium) + Loyalty Additions, if any.

Surrender values:
            80% of Maturity Sum Assured are paid if the premium has been paid for 3 – 4 years.
            90% of Maturity Sum Assured are paid if the premium has been paid for 4 – 5 years.
            100% of Maturity Sum Assured are paid if the premium has been paid for more than 5 years + Loyalty Additions, if any.
 
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3 comments:

  1. I love to visit your blog again and again. I have read so many posts and found information about several life insurance plans on it. Few of them I have selected to opt one from them but still in confusion which will suit best to my requirements. Each of them is promising and have attractive features and benefits.

    ReplyDelete
  2. In jeevan saral policy only loyalty addition is paid after 10 years only kindly change it this is very good and innovative idea to know people after reading this delete it patel punit lic agent contect no 9328544433

    ReplyDelete