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Lic’s Plan No. 833
Jeevan Lakshya Plan
HARI SOMAIYA PRODUCTION
PRESENTS
YOUTUBE/HARI SOMAIYA MO. 9909123670
Introduction
• LIC Jeevan Lakshya Plan table no. 833 is another Limited
premium Endowment plan launched by LIC India in 2015.
• Before that LIC launched Jeevan Sangam and Children’s
money back plan this month only.
• The unique identification number of LIC Jeevan Lakshya Plan
is 512N297V01.
• As per LIC policy document it is claiming that this plan will
provide annual benefits which will be useful for children.
• LIC has launched many endowment plan and I don’t think this
new LIC Jeevan Lakshya Plan will be different.
• Let’s review this plan and also check out further details.
YOUTUBE/HARI SOMAIYA MO. 9909123670
AGE ENTRY
• Min entry age is 18 years
• max entry age is 50 years.
YOUTUBE/HARI SOMAIYA MO. 9909123670
Term
• Minimum term 13 years
• Max. term 25 years
• Max maturity age for the policy is 65 years.
YOUTUBE/HARI SOMAIYA MO. 9909123670
Premium Term
• As LIC Jeevan Lakshya Plan is a limited
premium paying term policy,
• there will be a difference in policy term and
premium paying term.
• E.g. if your policy term is 20 years, then your
premium paying term will be 3 year less, i.e.
17 years in this case.
• Calculation (policy term-3 years)
YOUTUBE/HARI SOMAIYA MO. 9909123670
Sum Assured
• Min sum assured value 1,00,000/-
• Max. No limit..
YOUTUBE/HARI SOMAIYA MO. 9909123670
Maturity Benefit
• In case of survival,
• at the end of the policy tenure insurer will
get sum assured + vested bonus + FAB if any.
YOUTUBE/HARI SOMAIYA MO. 9909123670
addition accidental and disability
rider
• In this plan one can buy addition accidental
and disability rider.
• Not only that one can also avail new term
assurance rider at the time of buying Jeevan
Lakshya Plan.
• SA subject to the maximum of Rs.100 lakh
overall limit.
YOUTUBE/HARI SOMAIYA MO. 9909123670
Mode
• Yearly
• Half Yearly
• Quaterly
• Ecs
• Monthly
• sss
YOUTUBE/HARI SOMAIYA MO. 9909123670
Mode rebate
YOUTUBE/HARI SOMAIYA MO. 9909123670
Mode Percentage
Yearly 2% of tabular premium
Half-yearly 1% of tabular premium
Quarterly and monthly Nil
High Basic Sum Assured Rebate
• upto 1.90 L = Nil
• 2 to 4.90 L = Rs 2/-
• 5 L & above = Rs 3/-
YOUTUBE/HARI SOMAIYA MO. 9909123670
Basic Sum Assured Rebate (in Rs.)
1,00,000 to 1,90,000 Nil
2,00,000 to 4,90,000 2
5,00,000 and above 3
Risk Cover
• In case of death during policy tenure, 10% of
sum assured will be paid to family till maturity
period.
• And at the end of this plan family will further
get sum assured + vested bonus + FAB if any.
YOUTUBE/HARI SOMAIYA MO. 9909123670
Loan
• After 3 year of policy
YOUTUBE/HARI SOMAIYA MO. 9909123670
surrender
• To surrender this plan one have to pay 3 year
premium.
• If you stop paying premium before that your
policy will lapse.
YOUTUBE/HARI SOMAIYA MO. 9909123670
Age proof
• Only Standard age proof and NSAP I & II
acceptable.**
YOUTUBE/HARI SOMAIYA MO. 9909123670
Date Backing
• Allowed with Lean month benefit.
YOUTUBE/HARI SOMAIYA MO. 9909123670
Female
• All categories allowed. **
YOUTUBE/HARI SOMAIYA MO. 9909123670
Non Medical
• allowed as per present rules. **
YOUTUBE/HARI SOMAIYA MO. 9909123670
NRI
• Allowed for Both NRI and FNIO in V,VI & VIII
countries. **
YOUTUBE/HARI SOMAIYA MO. 9909123670
Proposal form
• Proposal form as routine.. 300/302
YOUTUBE/HARI SOMAIYA MO. 9909123670
THANKS FOR WATCHING MY
VIDEO
FOR MORE VIDEOS
SUBSCRIBE
YOUTUBE/HARI SOMAIYA
BUY THIS POLICY CONTACT
HARI SOMAIYA MO. 9909123670
YOUTUBE/HARI SOMAIYA MO. 9909123670

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Lic’s plan no. 833 jeevan lakshya plan

  • 1. Lic’s Plan No. 833 Jeevan Lakshya Plan HARI SOMAIYA PRODUCTION PRESENTS YOUTUBE/HARI SOMAIYA MO. 9909123670
  • 2. Introduction • LIC Jeevan Lakshya Plan table no. 833 is another Limited premium Endowment plan launched by LIC India in 2015. • Before that LIC launched Jeevan Sangam and Children’s money back plan this month only. • The unique identification number of LIC Jeevan Lakshya Plan is 512N297V01. • As per LIC policy document it is claiming that this plan will provide annual benefits which will be useful for children. • LIC has launched many endowment plan and I don’t think this new LIC Jeevan Lakshya Plan will be different. • Let’s review this plan and also check out further details. YOUTUBE/HARI SOMAIYA MO. 9909123670
  • 3. AGE ENTRY • Min entry age is 18 years • max entry age is 50 years. YOUTUBE/HARI SOMAIYA MO. 9909123670
  • 4. Term • Minimum term 13 years • Max. term 25 years • Max maturity age for the policy is 65 years. YOUTUBE/HARI SOMAIYA MO. 9909123670
  • 5. Premium Term • As LIC Jeevan Lakshya Plan is a limited premium paying term policy, • there will be a difference in policy term and premium paying term. • E.g. if your policy term is 20 years, then your premium paying term will be 3 year less, i.e. 17 years in this case. • Calculation (policy term-3 years) YOUTUBE/HARI SOMAIYA MO. 9909123670
  • 6. Sum Assured • Min sum assured value 1,00,000/- • Max. No limit.. YOUTUBE/HARI SOMAIYA MO. 9909123670
  • 7. Maturity Benefit • In case of survival, • at the end of the policy tenure insurer will get sum assured + vested bonus + FAB if any. YOUTUBE/HARI SOMAIYA MO. 9909123670
  • 8. addition accidental and disability rider • In this plan one can buy addition accidental and disability rider. • Not only that one can also avail new term assurance rider at the time of buying Jeevan Lakshya Plan. • SA subject to the maximum of Rs.100 lakh overall limit. YOUTUBE/HARI SOMAIYA MO. 9909123670
  • 9. Mode • Yearly • Half Yearly • Quaterly • Ecs • Monthly • sss YOUTUBE/HARI SOMAIYA MO. 9909123670
  • 10. Mode rebate YOUTUBE/HARI SOMAIYA MO. 9909123670 Mode Percentage Yearly 2% of tabular premium Half-yearly 1% of tabular premium Quarterly and monthly Nil
  • 11. High Basic Sum Assured Rebate • upto 1.90 L = Nil • 2 to 4.90 L = Rs 2/- • 5 L & above = Rs 3/- YOUTUBE/HARI SOMAIYA MO. 9909123670 Basic Sum Assured Rebate (in Rs.) 1,00,000 to 1,90,000 Nil 2,00,000 to 4,90,000 2 5,00,000 and above 3
  • 12. Risk Cover • In case of death during policy tenure, 10% of sum assured will be paid to family till maturity period. • And at the end of this plan family will further get sum assured + vested bonus + FAB if any. YOUTUBE/HARI SOMAIYA MO. 9909123670
  • 13. Loan • After 3 year of policy YOUTUBE/HARI SOMAIYA MO. 9909123670
  • 14. surrender • To surrender this plan one have to pay 3 year premium. • If you stop paying premium before that your policy will lapse. YOUTUBE/HARI SOMAIYA MO. 9909123670
  • 15. Age proof • Only Standard age proof and NSAP I & II acceptable.** YOUTUBE/HARI SOMAIYA MO. 9909123670
  • 16. Date Backing • Allowed with Lean month benefit. YOUTUBE/HARI SOMAIYA MO. 9909123670
  • 17. Female • All categories allowed. ** YOUTUBE/HARI SOMAIYA MO. 9909123670
  • 18. Non Medical • allowed as per present rules. ** YOUTUBE/HARI SOMAIYA MO. 9909123670
  • 19. NRI • Allowed for Both NRI and FNIO in V,VI & VIII countries. ** YOUTUBE/HARI SOMAIYA MO. 9909123670
  • 20. Proposal form • Proposal form as routine.. 300/302 YOUTUBE/HARI SOMAIYA MO. 9909123670
  • 21. THANKS FOR WATCHING MY VIDEO FOR MORE VIDEOS SUBSCRIBE YOUTUBE/HARI SOMAIYA BUY THIS POLICY CONTACT HARI SOMAIYA MO. 9909123670 YOUTUBE/HARI SOMAIYA MO. 9909123670