Lic India Agent Pune New Lic Policy and Latest Life Insurance Plans India

Lic India Agent Pune New Lic Policy and Latest Life Insurance Plans India

Lic India Agent Pune New Lic Policy and Latest Life Insurance Plans India

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LIMITED PAYMENT ENDOWMENT

Suitability

  • This is a modified version of Endowment Assurance plan with regard to payment of premium. It provides family protection as well as old age provision at an affordable premium. This policy is suitable for all categories of people.

Salient Features

  • Sum assured is payable either on survival till the end of the term or on death happening within the term.
  • The policy is available for three terms : 15 , 20 and 25 years.
  • Payment of premiums are limited to shorter terms.
  • Both With-Profit and Without-Profit plans are available.
  • Bonus for the full term is payable on the date of maturity or in the event of death, whichever is earlier.
  • Premiums cease on death or on expiry of term whichever is earlier.

Premium Paying terms

S.No

Policy term (in yrs)

Premium paying term (in yrs)

1

15

5, 10

2

20

5,10,15

3

25

5,10,15,20

Benefits

On Survival

  • Basic Sum Assured + bonus under the With-profit plan
  • Basic Sum Assured only under Without-Profit plan

On Death

  • Basic Sum Assured + bonus under the With-profit plan
  • Basic Sum Assured only under Without-Profit plan

Other Conditions

  • Minimum Sum Assured :
    • Rs 30,000 for a with profit plan
    • Rs 50,000 for a without profit plan
    • Rs 50,000 for a single premium plan
  • Minimum premium must be Rs.800 per annum
  • Minimum age at entry : 12 years
  • Maximum age at entry :
    • 15 year term - 55 yrs
    • 20 year term - 50 yrs
    • 25 year term - 45 yrs

 


Contact Us
1) If you want to Buy New Insurance Policies than call 9422553400 (Pune)
2) If you need a detailed quotation from us as to how much insurance you should really go for. Click here
3) If you have a previous life insurance policy and want servicing for the same. Click here
4) Contact us on email: gulwe@licagent.biz

Lic of India New Lic Policy and Latest Insurance Plans From Lic India
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Lic Agents In areas: (Life Insurance Corporation India)
Pimpri bhosari khopoli beed amravati deccan
bhosari mumbai aundh ahmednagar khed chakan
pirangut chakan mumbai kolhapur midc jalgaon
pune hadapsar nashik lonawala ranjangaon aurangabad
chinchwad wakad sangli ahmednagar hinjewadi dhule
talegaon pmt pcmc nagpur aurangabad solapur wai satara
kalyan bhivandi vashi mulund panvel thane
 

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