For calculation of maturity amount, this maturity calculator calculates maturity sum assured as per entered Age at the time of purchase, Term and Premium and adds Loyalty addition to provide approx maturity value. This Loyalty Addtion is based on yearly premium bands and policy term. Following table provides Loyalty Addition rates for Financial Year Nitin Garg Wrote :

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Our Products Motor Insurance. Health Insurance. Life Insurance. Other Insurance. This plan has been withdrawn by the insurance company and is no longer available for sale. Hence it is categorized under Special Plans.

In this plan, the premium amount is decided by the policyholder and he gets times the monthly premium as Sum Assured. The Maturity Sum Assured depends on different entry ages and policy term and is specified at the beginning of the policy.

Thus, the Death Benefit would be the same irrespective of age of entry and policy term since it depends only on chosen premium amount but the Maturity Benefit would differ according to varied age of entry and policy term.

This plan provides certain flexibilities unlike other endowment plans and hence is a Special Plan The policyholder can choose his own premium amount and Sum Assured gets determined thereafter The plan will allow partial surrender from 4th year onwards subject to certain terms and conditions The policyholder is allowed to choose a flexible term for premium payment Key Features of LIC Jeevan Saral Plan Premium is chosen by the policyholder and Sum Assured is times the Monthly Premium amount.

Partial surrender of the policy is allowed after the 3rd policy year. Extended risk cover for one year after 3 years premium payment. You can choose a maximum term but can surrender at any time without any surrender penalty or loss after 5 years. Investment Period. Select City Mumbai, Maharashtra. Show premiums. Insurance Calculators. Leave a Comment. Show Comments. Company Information About Us. Connect with Us Contact Us Feedback. Quick Connect Phone: Email: contact myinsuranceclub. Important : Insurance is the subject matter of solicitation.


LIC Jeevan Saral Plan (Table 165) – Review, Benefits & Features

The policy offers various benefits like flexibility in choosing the premium, tenure of the policy, tax benefits, loyalty additions, various riders and is aimed at investors who would like to get guaranteed returns from their investment. Also, unlike other LIC policies, this policy also gives back the premium amount along with sum assured on death. One can choose the premium on a monthly, quarterly, half-yearly or yearly basis as per their convenience. In case one dies before the maturity period, the family nominees of the policyholder will get the following things. Apart from the base policy, one can also add some extra benefits in this plan called RIDERS by paying an extra premium.


LIC Jeevan Saral (Plan No: 165) Maturity Calculator

Our Products Motor Insurance. Health Insurance. Life Insurance. Other Insurance. This plan has been withdrawn by the insurance company and is no longer available for sale. Hence it is categorized under Special Plans.

ICEA P-45-482 PDF

LIC Jeevan Saral – Plan 165 – Premium, Maturity and Benefits Calculator

Free Quotes From Top Companies. I am ok to bypass suitability analysis and wish to proceed further. It is basically an Endowment Assurance plan under which the proposer has simply to choose the amount and mode of premium payment. The plan comes out with the needful financial protection support death throughout the term of the plan. The death benefit is directly related to the premiums paid. The Maturity Sum Assured depends on the age at entry of the life to be assured and is payable on survival to the end of the policy term.


LIC Jeevan Saral Maturity Calculator

Welcome to the LIC Solutions tab. This is a dynamic LIC policy calculator that will display the following vital information about your LIC policy or policies:. At OneInsure, our technology-driven team is always innovating and looking for ways to make your insurance experience more easy, intuitive, and effortless. This LIC return calculator is an effort in that direction. This feature is also available in the OneInsure app , of course. This unique LIC plans calculator will give you a never-before-seen view of how your plans are performing and what their current status is.

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