http://WWW.LICAGENTSHYD.COM
AHMEDFINANCIALSOLUTIONS 590d643bbadaca099c6da5f6 False 212 10
OK
background image not found
Found Update results for
'policy servicing requirements'
5
Benefits of "LIFE INSURANCE"; Life insurance offers you following benefits - * PROTECTION * SAVINGS * WEALTH CREATION *TAX SAVING *LOAN OPTION ADVANTAGES OF LIFE INSURANCE *LIFE COVER or PROTECTION: This is the most important and primary benefit of Life insurance policy. The Life Cover is the amount that your insurance company pays to your nominee in case of an unfortunate event during the Policy Term. The amount ensures that your Loved ones future is secure, even in your absence. *SAVINGS: Take for instance insurance savings plans that can not only take care of your family, but also provide you you the much needed flexibility to withdraw money from your policy in order to support major or minor events of your life without you having to surrender your policy. *WEALTH CREATION : We all have dreams and want to achieve key milestones of our lives like building our home, funding education of our children, providing the best lifestyle to our families and many more. In order to achieve these dreams, one should have a financial goal in mind and work towards achieving it. LIC Plans strive to give a guaranteed return on maturity that is tax-free and the financial security of a life cover. An Endowment policy is a life insurance contract designed to pay a lump sum after a specific time (on its maturity) or on death. * TAX SAVING: Life insurance policies can be useful tax planning tool, because the policy holder is eligible for tax benefits under Income tax act 1961. 80C ~ Deduction is available amounting to Rs. 1, 50, 000/-. The deduction would be available for life insurance premium paid. 10 (10D) ~ Any sum received under a life insurance policy, including the allocated by the way of bonus on such policy will be exempted from tax. * LOAN OPTION Many of our plans are of Endowment type and you would be allowed to raise a loan against your policy should you require funds. You repay loan with interest or continue paying the interest and allow the loan to be deducted at the time of the claim payment. Most financial institutions too allow loans against LIC Policy based on the value LIC quotes on request from you. For assistance contact me, . Ahmed Financial Solutions, LIC Agent, Mobile : 9966217344, Email : ahmeduddin1979@gmail.com
Plan :Pradhan Mantri Vaya Vandana Yojana(842) Product Summary : "Pradhan Mantri Vaya Vandana Yojana" (Plan No. 842) is a Government subsidized Scheme which shall provide an assured return of 8% p.a.payable monthly (i.e. equivalent to 8.30% p.a.) on the pensioner surviving during the policy term of 10 years for citizens aged 60 years and above. Premium Payment Mode: Single Premium Mode of Pension payment: • The modes of pension payment are monthly, quarterly, half-yearly & yearly. The pension payment shall be through NEFT OR Aadhaar Enabled Payment System only. Pension Rate : • Yearly : 8.30 • Halfly : 8.13 • Quarterly : 8.05 • Monthly : 8.00 Minimum Entry Age : 60 Year Completed Maximum Entry Age : No Limit Minimum Sum Assured : • Yearly : 1, 44, 578 • Halfly : 1, 47, 601 • Quarterly : 1, 49, 068 • Monthly : 1, 50, 000 Maximum Sum Assured : • Yearly : 7, 22, 892 • Halfly : 7, 38, 007 • Quarterly : 7, 45, 342 • Monthly : 7, 50, 000 Min-Max Pension Limit : • Minimum Pension: Rs. 1, 000/- per Month Rs. 3, 000/- per Quarter Rs. 6, 000/- per Half-year Rs. 12, 000/- per Year • Maximum Pension: Rs. 5, 000/- per Month Rs. 15, 000/- per Quarter Rs. 30, 000/- per Half-year Rs. 60, 000/- per Year Policy Benefits : On Death : On death, the full purchase price will be refunded to nominee. Surrendered Value : Surrender would be allowed in special circumstances like critical / terminal illness of self or spouse. The Surrender Value payable in such cases shall be 98% of Purchase Price. Loan : Loan (up to 75% of subscribed amount) can be availed after 3 years from the Date of Commencement.
How can I help you with Policy servicing?
5 Important things to know about LIC BONUS........ 1. What is Bonus? When LIC makes a profit, it distributes a part of it to its policy holders and this is called Bonus. 2. Who is eligible? Only "participatory" policies qualify for Bonus. 3. How is it Calculated? Bonus is declared as a certain amount per Rs. 1000 sum assured for your policy. 4. Revisionary Bonus The bonus gets declared every year and accumulated till maturity. 5. Final Additional Bonus This is a one Bonus declared at the time of maturity or death.
Gift 📦 your Dear ones with a LIC Policy for a Secure and safe Life.......
1
false