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An exclusive plan for PROFESSIONALS, EXECUTIVES , CONSULTANTS, CONTRACTORS, NRIs, MODELS AND FILM STARS for high cover matching with their profiles. Offers consoldiated TAX SAVING STRATEGY. Guaranteed and Loyalty Additions (Pay Rs 31,958(Age 30) for 16 years and aim at Rs 17.50 lakhs taxfree at the end of term 25 years.- Guaranteed Addition More than Premium amount Tax- free Maturity value Long Term Risk Cover with limited premium paying term Attractive Loan facility (after 2 yrs onwards) |
Annual Total premium Premium paid for 16 yrs 31,958 5,11,328 Benefits at maturity (After 25 yrs) Sum Assured 5,00,000 GA 8,75,000 Loyalty addition 3,75,000 Total benefits 17,50,000 *Loan permissible after 2 yrs onwards - use it for buying car / house etc. |
Jeevan Shree A star scheme for the upper segment of society |
Annual Premium Rs 31,958 Annual Bonus paid by LIC Rs 35,000 (TAX FREE) |
A Scheme that every woman will fall in love with |
JEEVAN Bharati with Guaranteed Additions |
Yes. LIC knows that women need that extra protection. Hence a policy exclusive to women and meticulously designed for their needs. |
This plan is designed exclusively for women for providing funds in time of need like marriage , education etc. All female lives between 18 & 50 can secure the policy. Physically handicapped women are also eligible subject to certain conditions. |
Salient Features |
- Periodic returns of sum assured with facility to encash at will. - If amount is retained attractive interest is paid. - Guaranteed addition and loyalty addition. - Life cover continues despite non-payment of premium. - Pregnancy and child birth risk along with accident benefit at no extra cost. - Flexibility in premium payment. |
Benefits |
During the term of policy & at maturity |
At the end of Payments in % Illustration for Years of Sum Assured Rs 1 lac policy Rs 5 yrs 20% 20,000 10 Yrs 20% 20,000 15 Yrs 20% 20,000 At maturity 20 yrs 40% 40,000 GA @ Rs 70 per 1000 SA x 20 yrs 1,40,000 Plus Loyalty Additions + LA |
In the event of unfortunate death during the term of policy Full sum assured + Guaranteed Additions of Rs. 70/- per Rs. 1000 sum assured + loyalty addition if 5 years premiums have been paid under the policy |
Special Benefits The life assured can avail survival benefits any time on or after its due date. If opted for future, the benefits are incremented by 11%, compounded yearly. Free Insurance Cover : If 2 years' premiums are paid, life cover is extended for 3 years from date of FUP. The policy has an in-built accident benefit cover. This is available even during the extended cover period. Flexibility in paying premiums : There is an option in the policy to pay premiums in advance. A 10% rebate is also given on selecting this option. If policy is in force, pregnancy & child birth risk is also covered. The life assured can opt for a pension in lieu of maturity amount. The option has to be exercised before 6 months from DOM. |
Other Conditions Minimum Sum Assured : Rs.50,000. Maximum sum assured : Rs.5,00,000. Minimum age at entry: 18 years. Maximum age at entry: 50 years. Mode of payment : Yearly only. Maturity age : 70 years. Policy is given only for 20 years Premium Indicator Table For Rs One lakh sum assured TERM: Fixed at 20 years AGE Yearly Premium Rs 20 7,085 25 7,110 30 7,195 35 7,375 40 7,695 |
Highlights Guaranteed additions @ Rs 7,000 per year per 1000 SA for 20 Years plus loyalty addition ensure almost 100% annual increase & TAX_FREE maturity value. |
Jeevan Surabhi A Money Back Plan with rising insurance cover Attractive Interim payments With Double Accident Benefit |
Three different terms of assurance and corresponding premium paying terms are available |
Table - Term of Assurance - Premium paid for 106 15 years 12 years 107 20 years 15 years 108 25 years 18 years |
Survival benefits available as interim payments |
Term Payments at the end of years 4th 8th 12th 15th 18th 15 Yrs 30% 30% 40% - - 20 Yrs 25% 25% 25% 25% - 25 Yrs 20% 20% 20% 20% 20% *Full Survival Benefits paid by end of premium paying period *However, risk cover continues and policy participates in profits (Bonus) for the entire term of policy. |
Illustration for a policy term of 15 yrs ; with premium paying term of 12 years For Rs 1 lakh Sum Assured - Premium is Rs 10,594 Benefits disbursed as follows: End of 4 yrs - Rs 30,000 (Against premium paid Rs 42,376) End of 8 yrs - Rs 30,000 (Against premium paid Rs 42,376) End of 12 yrs - Rs 30,000 (Against premium paid Nil ) |
Progressive Risk cover increase 1-5 years - Risk cover - Rs 1 lakh 6-10 years - Risk cover - Rs 1.5 lakh 11-15 years - Risk cover - Rs 2 lakh Risk cover is regardless of Survival benefits drawn in interim payments. |
SAI Agency, W-38 / 6 Park Road, Anna Nagar West Extn. Chennai 600 101 (Ph: 26150748) |
Bima Nivesh Policy offers compounded guaranteed additions @ Rs 60 per 1000 SA per year for 5 yrs and @ Rs 65 per 1000 SA for 10 yr policy. For those of age 18 to 70 Min SA: 25,000 and above in multiples of 5,000 Max SA: 5,00,000 Mode: SINGLE REMIUM Benefits: Sum Assured Plus accrued GA PLUS Loyalty additions depending upon Corporation's experience. Term Rider Assurance available at option. High liquidity by way of surrender value from 2nd year onwards (Min lock in period) For details click here |
Komal Jeevan Policy- A great plan to provide for children's education/ future |
Compare with Contributory Provident Fund - LIC's contribution for age 30 is more than subscription; Unlike CPF there is no ceiling for LIC's contribution. Guaranteed additions safeguard against falling interest rates. |
Jeevan Bharati |
Closed on 31st March 2003 |
Closed on 31st March 2003 |
Scheme closed on 31st March 2003 |
Jeevan Bharati features in the site are being updated. Pl check on email any requirement |