LIC's JEEVAN SARAL PLAN (MINIMUM PREMIUM, MAXIMUM RETURNS)

4,507 views

Published on

This presentation is about LIC's JEEVAN SARAL. The USP of this plan is High cover at low premium.Extended cover for 1 year after 3 years of premium payment (Auto Cover).
The policyholder can choose a maximum term but can surrender at any time without any surrender penalty or loss after 5 years.
Any number of withdrawals through partial surrendering (after 4 years)
Eligible for Tax benefits under 80 C and returns under Section 10, 10(D) on maturity date

1 Comment
0 Likes
Statistics
Notes
  • Be the first to like this

No Downloads
Views
Total views
4,507
On SlideShare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
17
Comments
1
Likes
0
Embeds 0
No embeds

No notes for slide

LIC's JEEVAN SARAL PLAN (MINIMUM PREMIUM, MAXIMUM RETURNS)

  1. 1. LIC’s Jeevan Saral Policy – Table 165 By Ravi Kumar, Financial Advisor Blue Sapphire Financial Services Mobile: 9900113820 / 9900253820 Email : ravi.kumar@bsfinancials.com Web : http://www.bsfinancials.com/ FB : www.facebook.com/bluesapphirefs
  2. 2. LIC’s Jeevan Saral Policy – Table 165 High cover at low premium  Extended cover for 1 year after 3 years of premium payment (Auto Cover)  The policyholder can choose a maximum term but can surrender at any time without any surrender penalty or loss after 5 years  Any number of withdrawals through partial surrendering (after 4 years)  Eligible for Tax benefits under 80 C and returns under Section 10, 10(D) on maturity date  Blue Sapphire Financial Services
  3. 3. LIC’s Jeevan Saral Policy – Table 165     Death Benefit: 250 times the monthly basic premium + return of premiums (except 1st year) + Loyalty Additions (if any) Maturity Benefit: Maturity Sum Assured (MSA) + Loyalty Additions (if any) Surrender Value: Policy can be surrendered after it has been in force for at-least 3 years Partial Surrender: Can be made anytime after completion of 3 years or more from the D.O.C. (provided all premiums are made) Blue Sapphire Financial Services 3
  4. 4. LIC’s Jeevan Saral Policy – Table 165 # Title Value 1 Minimum age of entry 2 Maximum age of entry 60 years age nearer birthday 3 Maximum maturity age 70 years age nearer birthday 4 Policy term 10 – 35 years - Rs. 250 p.m. Age 12 - 49 Rs.400 p.m. Age 50 - 60 12 years 5 Minimum Premium 6 Maximum Premium Modes Allowed Yly, Hly, Qly, SSS, ECS* age last birthday No Limit 7 Comment (if any) Yly – Yearly, Hly – Half Yearly, Qly - Quarterly *SSS – Salary Savings Scheme, ECS – Electronic Clearing Service Blue Sapphire Financial Services 4
  5. 5. LIC’s Jeevan Saral Policy – Table 165   India’s largest Insurance company Winner of some of the most prestigious awards such as CNBC Awaaz, Outlook Money, Golden Peacock, etc.  Total Assets of Rs. 13,17, 416 crores  Life Fund in excess of Rs.11,51,200 crores  More than 53 different products  More than 16 crore customers Blue Sapphire Financial Services 5
  6. 6. LIC’s Jeevan Saral Policy – Table 165

×