New Money Back Plan No 821
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Non-linked life insurance policy which offers guaranteed returns and bonus.
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Premium in this plan needs to be paid for a period of 20 years while the policy continues for 25 years.
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Policy can be taken for anyone between 13 to 45 years of age for a fixed tenure of 25 years.
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15% of the Sum Assured is paid to the Life Insured on survival at the end of every 5 years and the remaining 40% of the Sum Assured along with Vested Simple Recessionary Bonus + Final Addition Bonus would be paid to the Life Insured on survival till the end of the Policy Tenure as Maturity Benefit.satisfaction!
LIC's New Jeevan Anand Plan No 815
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LIC's New Jeevan Anand is a plan introduced from 8th January, 2014. This plan is a combination of the Whole life plan and the most popular Endowment Assurance Plan.
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The plan provides the pre-decided Sum Assured and Bonuses at the end of the stipulated premium paying term, but the risk cover on the life continues till death. The premium is paid till the premium paying term or till the death of the life assured, whichever is earlier.
New Bima Bachat : Plan - No 816
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LIC’s New Bima Bachat is a single premium money back type plan.
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This is the best form of life assurance for family provision since it enables the life assured to pay the premiums only once relieving him from the necessity of making payments later.
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Under this plan, a part of sum assured is paid to the policy holder periodically and on maturity, Single Premium paid under the policy is paid back along with Loyalty Additions, if any.
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The plan also provides for payment of Sum Assured in case of earlier death irrespective of whether or not any survival benefits have been paid earlier.
Amulya Jeevan II & Anmol Jeevan II
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You Realise that life is full of uncertainties. You want to be financially prepared to ensure that life continues smoothly for your family in the event that some thing unfortunate befalls you.
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Term assurance is the answer; an ideal plan for providing insurance protection at a low cost.
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This policy is useful for those who want to be insured at a very low cost.
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If death occurs during the term of the policy, full sum assured is paid. On Maturity no amount is paid to the policy holder.
LIC'S New Jeevan Nidhi 818
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With increased longevity, man's retired life is nearly half of his actual life & to ensure a pleasant life after retirement, provisions ought to be made when you are young.
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New Jeevan Nidhi is a plan that helps to do it.
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You may be self-employed, a chartered accountant, engineer, doctor, architect or any other professional performing successfully. But things may not remain same, and continuing prosperity can’t be guaranteed.In today's world, dependence on relatives and friends are difficult to imagine. And any other source of income is hard to come by.
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So start building your pension benefits brick by brick.
New Money Back Plan No 820
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LIC New Money Back Plan - 20 Years is a non-linked life insurance policy which offers guaranteed returns and bonus.
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Premium in this plan needs to be paid for a period of 15 years while the policy continues for 20 years. Policy can be taken for anyone between 13 to 40 years of age for a fixed tenure of 20 years.
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20% of the Sum Assured is paid to the Life Insured on survival at the end of every 5 years and the remaining 40% of the Sum Assured along with Vested Simple Reversionary Bonus + Final Addition Bonus would be paid to the Life Insured on survival till the end of the Policy Tenure as Maturity Benefit.