Which plan is best of LIC?
Best LIC Plans List for 2022
| LIC Policies | Plan Type | Policy Term |
|---|---|---|
| LIC Bima Jyoti Plan | Endowment Plan | 15-20 years |
| LIC Tech Term Plan | Term Assurance Plan | 10-40 years |
| LIC Jeevan Umang | Whole Life Insurance | 100 years minus(-) the age at entry |
| LIC Jeevan Amar | Term Assurance Plan | 10 years-40 years |
What is the maturity amount of Jeevan Saral plan 165?
There is no minimum age at maturity but the maximum age is 70 years. The monthly premium for the age group of 12 years to 49 years is Rs. 250/-, for the age group of 50 years to 60 years is Rs. 400/-….LIC Jeevan Saral – Eligibility Criteria.
| Minimum | Maximum | |
|---|---|---|
| Age at Maturity (last birthday) | – | 70 years |
What is new Bima Gold?
LIC New Bima Gold Plan is a combination of a money back plan and endowment plan with extended cover beyond premium paying term. Hence it is categorized under Special Plans. This is a non unit-linked insurance plan.
What is LIC Golden Jubilee policy?
LIC Golden Jubilee Foundation was established on 20.10.2006, and registered with Charity Commissioner under Bombay Public Trust Act 1950 with the objective of promoting education, health, relief of poverty or distress and advancement of other objects of general public utility.
What is the maturity amount of Jeevan Saral after 10 years?
Sum assured is minimum 250 times of the monthly premium. Minimum premium payment term is 10 years whereas the maximum term for premium payment is 35 years….LIC Jeevan Saral – Eligibility Criteria.
| Minimum | Maximum | |
|---|---|---|
| Entry Age of Policyholder (last birthday) | 12 | 60 |
| Age at Maturity (last birthday) | – | 70 years |
Can I surrender Jeevan Saral after 10 years?
Can LIC Jeevan Saral be surrendered after 10 years? Yes, LIC Jeevan Saral can be surrendered anytime after paying premiums for the first 3 years. You are likely to receive a higher amount if the policy is nearing maturity. If not, the surrender value will depend on the total premiums paid by you.
What is the benefits of new Bima Kiran plan 150?
LIC Bima Kiran 150 Maximum risk cover with minimum premium (up to 10 lakhs). Free insurance cover after maturity for a period of 10 years. Exclusive in-built accident benefit (restricted to 5 lakhs) and Loyalty additions. Return of premiums on Maturity .
What is the amount of LIC Golden Jubilee scholarship?
1) An amount of Rs.20,000/- per annum will be awarded to the selected Regular Scholar and shall be payable in three instalments. 2) An amount of Rs.10,000/ per annum will be awarded for selected Special Girl Child pursuing studies in the 10 + 2 Course and scholarship shall be payable in three instalments.
Why Jeevan Saral is closed?
Life Insurance Corporation of India’s (LIC) Jeevan Saral, withdrawn in 2014, was in the news recently after a PIL was filed in the Supreme Court , alleging that LIC had mis-sold the product by misleading policyholders. The apex court made it clear it was not expressing any opinion on the merits of the case.
What is the maturity value of Bima Kiran policy?
15 – 19 years – 30% of Sum Assured. 20 – 24 years – 40% of Sum Assured. 25 – 29 years – 50% of Sum Assured. 30 years – 60% of Sum Assured.