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The unique features of LIC's new plan: LIC’s Jeevan Umang The LIC’s Jeevan Umang Plan is profit sharing policy. It is not linked to or is not dependent on share market and comes with guaranteed returns.  It is a whole life assurance plan and a limited premium payment option plan as well. This policy will participate in the profits of the Corporation during the policy term. It will be eligible to receive Simple Reversionary Bonuses as declared by the Corporation and also Final Additional Bonus as and where applicable.The policyholder will get 8% of Sum Assured per year as survival benefits after successful completion of premium paying term prior to Maturity (100 years). It is good option to consider when planning for your pension.You can opt for premium payment terms as 15, 20, 25, or 30 years.The plan is available from a minimum age of 90 days to a maximum age of 55, 50, 45 or 40 years as per the premium payment term chosen. Maximum maturity age is 100 years.Loan facility is also available in this policy after 3 years from the start of the policy. The policy premiums can be paid in yearly, half-yearly, quarterly and monthly basis. Basic sum assured is Rs. 2, 00, 000 and above in multiples of Rs. 25000. The Death Benefit for this policy after the commencement of risk is Basic Sum Assured + Simple Reversionary Bonus + Final Additional Bonus.The Maturity Benefit offered is Basic Sum Assured + Simple Reversionary Bonus + Final Additional Bonus.The insured can avail tax benefits under section 80C for the premium paid. The maturity amount is also tax-free under section 10(10)D. For more details on Jeevan Umang feel free to contact your Best LIC Insurance Agents and Advisor Ahmed Uddin today.
15 awesome reasons to buy the LIC's New Children’s Money Back Plan The LIC's New Children’s Money Back Plan is specially designed to cater to education, marriage and other needs of growing children. It helps to secure the children's future even if the parent is not around. 1) It is a participating plan with limited premium payment feature. It is non-linked money back plan. 2) It provides cover for the life of the child during the policy term along with survival benefits. 3) This policy can be bought by parent or grandparent for a child aged 0 to 12 years.  The maturity age is 25 years. 4) Loan facility is also available in this policy after 3 years from the start of the policy. 5) The policy can be surrendered after 3 years of full premium payment. 6) The policy premiums can be paid in yearly, half-yearly, quarterly and monthly basis (only ECS).  7) Rebate is given for yearly and half-yearly mode of premium payment. 8) Basic sum assured is minimum Rs.1, 00, 000 and there is no maximum limit. 9) Rebate is also given for higher sum assured amount (above Rs. 2, 00, 000). 10) The Death Benefit is Sum Assured + Simple Reversionary Bonuses + Final Additional bonus. 11) The Maturity Benefit is 40% of the basic Sum Assured + Simple Reversionary Bonus + Final Additional Bonus. 12) The Survival Benefit equivalent to 20% of the basic sum assured will be paid when the child attains 18, 20 and 22 years. 13) One can avail tax benefits under section 80C for the premium paid.  14) The maturity amount is also tax-free under section 10(10)D. 15) LIC’s Premium Waiver Benefit Rider is an optional rider that can be bought with this policy.
LIC New Money Back Plan 25 Years The LIC's New Money Back Plan-25 years is a participating plan with a money back feature as the name suggests. 1) It is a non-linked life insurance plan that offers guaranteed returns and bonus. 2) Premium has to be paid for 20 years but the policy continues for 25 years.  3) Money Back, which is 15% of the Sum Assured will be given at end of every 5 years and maturity along with the bonus at the end of policy term. 4) Large Sum Assured is available in this plan. 5) Anyone between 13 to 40 years of age can take this policy for a fixed tenure of 25 years. 6) Loan facility is also available in this policy after 3 years from the start of the policy. 7) The policy can be surrendered after 3 years of full premium payment. 8) Basic sum assured is minimum Rs.1, 00, 000 with no maximum limit. 9) The Death Benefit is Sum Assured+ Simple Reversionary Bonuses+ Final Additional Bonus. 10) The Maturity Benefit is 40% of Sum Assured+ Simple Reversionary Bonuses+ Final Additional Bonus. 11) The Survival Benefit is 15% of the Basic Sum Assured at the end of each of 5th, 10th, 15th & 20th policy year. 12) The insured can avail tax benefits under section 80C for the premium paid.  13) The maturity amount is also tax-free under section 10(10)D. 14) You can opt for Accidental Death and Disability Benefit Rider for additional benefits. For more details on LIC's Money Back Plan feel free to contact Best LIC Insurance Agent and Insurance Advisor Ahmed Uddin, Mobile : 9966217344, ahmeduddin1979@gmail.com
LIC's NEWJEEVAN ANAND (815) New Jeevan Anand is a With Profits Assurance PlanIt's a non linked plan which offers an attractive combination of Protection plus SavingsMaturity Benefit : Basic sum assured plus Vested Simple Reversionary Bonuses plus Final Additional BonusesDeath Benefit : During the policy : “Sum Assured on Death” plus Vested Simple Reversionary Bonuses plus Final Additional BonusesAfter expiry of policy term : Basic Sum AssuredLoan : Available after payment of 3 full years premiums. For more details feel free to contact your Best LIC Insurance Agents and Advisor Ahmed Uddin.
LIC's JEEVAN LABH PLAN (836) Jeevan Labh is a perfect combination of Investment and Financial Protection. Have you planned for your Child's Future? Your Child deserves a respectable future life in the society. You can ensure it, only with a good quality education, Think and act wise... Have you planned for your Child's Marriage? A marriage in your house can be performed either in a Grand or a Simple manner. But you must understand that there are certain inevitable expenses to be occurred at all levels. Think if you could plan it in Advance..... For more details on LIC's Jeevan Labh feel free to contact your Best LIC Insurance Agent and Advisor Ahmed Uddin.
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