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|
MONEY BACK
POLICY
-
A
policy where lump sum amounts are paid to
the life assured at periodic intervals on
survival
-
In
case of death of the life assured within the
term, the total sum insured is paid to the
nominee, irrespective of earlier survival
benefits
-
Bonus
is payable under this scheme
-
Premiums
are to be paid regularly to get survival benefits
-
Premiums
cease at death or on expiry of term whichever
is earlier
-
This
plan can be availed of for terms 20 or 25
years
On Survival
|
Term
|
At
the end of
|
Amount
of money back
|
For
Example, on a Rs. 1,00,000 policy
|
|
20
years
|
5th
year
|
20%
of sum assured
|
Rs.
20000
|
|
10th
year
|
20%
"
|
Rs.
20000
|
|
15th
year
|
20%
"
|
Rs.
20000
|
|
20th
year
|
40%
"
|
Rs.
40000
|
|
25
years
|
5th
year
|
15%
of sum assured
|
Rs.
15000
|
|
10th
year
|
15%
"
|
Rs.
15000
|
|
15th
year
|
15%
"
|
Rs.
15000
|
|
20th
year
|
15%
"
|
Rs.
15000
|
|
25th
year
|
40%
"
|
Rs.
40000
|
On
Death:
-
Full
sum assured is payable in the event of the
death of the life assured within the term,
without any deduction of earlier survival
benefits.
-
For
example, suppose a person takes a Rs. 1,00,000
policy for 20 years. At the end of the 5th
and 10th year he receives Rs. 20,000 each
as survival benefit. If he happens to die
in the 12h year, the nominee of the life assured
will receive full Rs. 1,00,000, irrespective
of the earlier benefits of Rs. 40,000.
-
Minimum
amount of Sum Insured - Rs. 40,000
-
Minimum
premium must be Rs. 800 per annum
-
Minimum
age at entry-13 years
-
Maximum
age at entry :
-
Bonus
additions to the policy are calculated for
full sum assured. They are payable only along
with final maturity benefit on date of maturity
or on death, whichever is earlier
-
Loans
will be granted under these policies
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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

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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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|
Lic india, Lic
policy, Lic investment, lic for child, lic policy mumbai, lic agent, lic in
pune, agent for lic, NRI Lic, lic investment, Lic for NRI, Lic for Foreign
nationals, LIC INDIA, Lic policies, Lic in remote area, Lic premium payment,
NRI Investments, Lic help, Lic for all ages, Investment, Loans against
Insurance, Save Tax, Lic in india, Lic in pune, Lic Health Insurance, Lic
policy service, Lic policy servicing. |
|