Your SlideShare is downloading. ×
0
Lic jeevan rekha 152
Lic jeevan rekha 152
Lic jeevan rekha 152
Lic jeevan rekha 152
Lic jeevan rekha 152
Lic jeevan rekha 152
Lic jeevan rekha 152
Lic jeevan rekha 152
Lic jeevan rekha 152
Lic jeevan rekha 152
Lic jeevan rekha 152
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Lic jeevan rekha 152

1,670

Published on

lic policy term plan,life insurance term plan lic,term insurance plans,lic mediclaim,term plans in lic,term plan lic,lic term plan,term life insurance companies,best insurance plan,best life insurance …

lic policy term plan,life insurance term plan lic,term insurance plans,lic mediclaim,term plans in lic,term plan lic,lic term plan,term life insurance companies,best insurance plan,best life insurance policy india,best life insurance policy in india,which life insurance policy is best in india,which is the best life insurance policy in india,which is best life insurance policy in india,what is the best life insurance policy in india,what is term insurance policy of lic,term insurance policy of lic,quote term life,term life quote,term insurance india,lic term policies,lic term life insurance,term life insurance lic,best insurance policy,best lic policy plan,investment plans in lic,life insurance and term,lic saving plans,term policy of lic,term policy in lic,term policy lic,lic term policy,which life insurance is best in india,best life insurance india,term policy india,best life insurance in india,life insurance india gen,life ins companies,liclifeinsurance,best lic insurance policy in india,lic saving plan,insurance policies india,lic india best policies,new lic policy plans,lic savings plan,best lic insurance plan,best lic policy for investment,best insurance plan of lic,best insurance plan in lic,lic policies plans,life insurance policy companies,best lic policy plans,what is a good life insurance plan,good lic plans,new lic policy scheme,low cost life insurance,best policy in lic of india,best lic policy in india,best lic policy india,best policy of lic of india,best lic insurance policy,best insurance policy of lic,best policy in lic insurance,best insurance policy in lic,lic best insurance policy,lic new insurance plan,lic life insurance policy plans,what is the best lic policy,lic policy best,best lic policy,best lic life insurance policy,best life insurance policy in lic,best life insurance policy of lic,life insurance of india policies,life insurance policies in india,top 3 life insurance companies,lic life insurance plans india,life insurance policy plans,best lic policy scheme,lic policy plans,investment in lic policy,investment insurance plans,lic of india plans,insurance policy plans,good life insurance policy,best lic plans,medical policy lic,lic life insurence,hdfcstandard life insurance,life insurances policies,lic of india insurance policies,lic policies india,lic india policies,life insurances in india,scheme of lic,best lic policy for men,life insurance scheme,Delhi, Paschim Vihar Delhi, LIC Jeevan Saral

Published in: Economy & Finance, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
1,670
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
22
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. INTROINTRO FEATURESFEATURES BENEFITSBENEFITS IIllustrationsllustrationsA Plan that guarantees 10% of SumAssured as Survival benefits, on survival,every five yearsGuaranteed sum-assured + accruedbonuses on unfortunate death, withoutdeduction of survival benefits alreadypaidMultiple choices for premium paymenttermsPremium can be paid in a singleinstallment.
  • 2. INTROINTRO FEATURESFEATURES BENEFITSBENEFITS IllustrationsIllustrationsIf insured at a younger age, the entireS.A. can be recovered during lifetime,with risk cover continuing.Is an excellent plan to gift your child.Get Rewarded with More LIFE Long]Bonus For Shorter Premium Paying Term.Bonus keeps on accruing even after thepremium is fully paid..
  • 3. INTROINTRO FEATURESFEATURES BENEFITSBENEFITS IllustrationsIllustrationsWho can avail this plan?Individuals aged between 13 years (lastbirthday) and 65 years (nearer birthday)For how long is premium payable?Policyholder can choose betweenpremium paying terms of 5, 10 ,15, 20, 25years, lifetime or single premiumWhat is the minimum and maximum sumassured available under the plan ?Minimum Sum Assured : Rs. 2 lakhs.Maximum Sum Assured : No limit
  • 4. INTROINTRO FEATURESFEATURES BENEFITSBENEFITS IllustrationsIllustrationsWhat are the permissible premiumpayment modes?Premiums can be paid in Quarterly, Half-Yearly, Quarterly and Monthly modes. Itcan also be paid as single premium.Is this plan available to ladies?Yes
  • 5. INTROINTRO FEATURESFEATURES BENEFITSBENEFITS IllustrationsIllustrationsAge PolicyTermIn yrs.PremiumTermIn yrs.Sum Assured Rs.5 lakhs 8 lakhs 10 lakhs 15 lakhs20 10 10 30185 48296 60270 9040625 15 15 23977 38364 47854 7178230 15 15 25529 40847 50958 7643835 20 20 23250 37200 46399 6959940 25 25 22983 36773 45866 68799
  • 6. INTROINTRO FEATURESFEATURES BENEFITSBENEFITS IllustrationsIllustrations10% of the Basic Sum Assured is payableon survival after every 5 years from thedate of commencement.On death: Basic Sum Assured with vestedbonuses and final additional bonus, ifany, is payable, irrespective of survivalbenefits already paid.Accident Benefit is available, on paymentof small additional premiums, up to amaximum of Rs.25 lakhs includingmaximum limit of Rs.25 lakhs placedunder other life insurance plans.
  • 7. INTROINTRO FEATURESFEATURES BENEFITSBENEFITS IllustrationsIllustrationsEndEndofofYrYrTotalTotalpremiumpremiumpaid tillpaid tillend ofend ofyearyearSurvivalSurvivalBenefit atBenefit atend ofend ofyearyearBenefit payable on death during the yearBenefit payable on death during the yearGuaranteeGuaranteeddVariableVariable TotalTotalScenariScenario 1o 1ScenarioScenario22ScenariScenario 1o 1ScenarioScenario221 1,04,850 0 2,00,000 3,200 31,200 2,03,200 2,31,2002 1,04,850 0 2,00,000 6,400 62,400 2,06,400 2,62,4003 1,04,850 0 2,00,000 9,600 93,600 2,09,600 2,93,6004 1,04,850 0 2,00,000 12,800 1,24,800 2,12,800 3,24,8005 1,04,850 20,000 2,00,000 16,000 1,56,000 2,16,000 3,56,0006 1,04,850 0 2,00,000 19,200 1,87,200 2,19,200 3,87,2007 1,04,850 0 2,00,000 22,400 2,18,400 2,22,400 4,18,4008 1,04,850 0 2,00,000 25,600 2,49,600 2,25,600 4,49,6009 1,04,850 0 2,00,000 28,800 2,80,800 2,28,800 4,80,80010 1,04,850 20,000 2,00,000 32,000 3,12,000 2,32,000 5,12,00015 1,04,850 20,000 2,00,000 48,000 4,68,000 2,48,000 6,68,00020 1,04,850 20,000 2,00,000 84,000 8,32,000 2,84,000 10,32,00025 1,04,850 20,000 2,00,000 1,05,000 10,40,000 3,05,000 12,40,00030 1,04,850 20,000 2,00,000 1,26,000 12,48,000 3,26,000 14,48,000Illustration: Age at entry: 35 years Sum Assured: Rs.2,00,000/-Premium paying term: One Single Premium: Rs.1,04,850/-
  • 8. INTROINTRO FEATURESFEATURES BENEFITSBENEFITS IllustrationsIllustrationsEnEnddofofYeYeararTotalTotalpremiumpremiumpaid till endpaid till endof yearof yearSurvivalSurvivalBenefit atBenefit atend ofend ofyearyearBenefit payable on death during the yearBenefit payable on death during the yearGuaranteGuaranteededVariableVariable TotalTotalScenariScenario 1o 1ScenarioScenario22ScenarioScenario11ScenarioScenario221 8,488 0 2,00,000 2,800 15,800 2,02,800 2,15,8002 16,976 0 2,00,000 5,600 31,600 2,05,600 2,31,6003 25,464 0 2,00,000 8,400 47,400 2,08,400 2,47,4004 33,952 0 2,00,000 11,200 63,200 2,11,200 2,63,2005 42,440 20,000 2,00,000 14,000 79,000 2,14,000 2,79,0006 50,928 0 2,00,000 16,800 94,800 2,16,800 2,94,8007 59,416 0 2,00,000 19,600 1,10,600 2,19,600 3,10,6008 67,904 0 2,00,000 22,400 1,26,400 2,22,400 3,26,4009 76,392 0 2,00,000 25,200 1,42,200 2,25,200 3,42,20010 84,880 20,000 2,00,000 28,000 1,58,000 2,28,000 3,58,00015 1,27,320 20,000 2,00,000 42,000 2,37,000 2,42,000 4,37,00020 1,69,760 20,000 2,00,000 72,000 4,20,000 2,72,000 6,20,00025 2,12,200 20,000 2,00,000 90,000 5,25,000 2,90,000 7,25,00030 2,12,200 20,000 2,00,000 1,08,000 6,30,000 3,08,000 8,30,000Illustration: Age at entry: 35 years Sum Assured: Rs.2,00,000/-Premium paying term: 25 years Annual Premium: Rs.8,488/-
  • 9. INTROINTRO FEATURESFEATURES BENEFITSBENEFITS IllustrationsIllustrations• The illustration is applicable to a non-smoker male/female standard(from medical, life style and occupation point of view) life.• The non-guaranteed benefits (1) and (2) in above illustration arecalculated so that they are consistent with the Projected InvestmentRate of Return assumption of 6% p.a.(Scenario 1) and 10% p.a. (Scenario2 )respectively. In other words, in preparing this benefit illustration, itis assumed that the Projected Investment Rate of Return that LICI willbe able to earn throughout the term of the policy will be 6% p.a. or 10%p.a., as the case may be. The Projected Investment Rate of Return is notguaranteed.• The main objective of the illustration is that the client is able toappreciate the features of the product and the flow of benefits indifferent circumstances with some level of quantification.• Future bonus will depend on future profits and as such is not guaranteed.However, once bonus is declared in any year and added to the policy,the bonus so added is guaranteed.• The flow of benefits, in above illustrations, have been shown for first 30years. In practice, the benefits will continue so long the policyholdersurvives.

×