Judul : Exceptional Investment Advantages On Taking Lic Policy By Lic Of India
link : Exceptional Investment Advantages On Taking Lic Policy By Lic Of India
Exceptional Investment Advantages On Taking Lic Policy By Lic Of India
Life Insurance Corporation is one of the most prominent investing and nationalized company in India. LIC provides security of life insurance and group life insurance to feeble section, co-operates and specialized people. LIC also offers excellent group schemes such as pension liabilities, financial support of gratuity to the people of India.The headquarter of LIC is situated in Mumbai with about eight Zonal administrative units. LIC has a system of approximately 1.2 million of its agents for imploring life insurance business from the public.
Different LIC policies provided by LIC of India:
1. Amulya Jeevan-I LIC policy: it provides maturity and death benefit.
2. Bema Bachat LIC policy: it provides survival and death benefit.
3. Child Career Plan LIC policy: it provides Premium Waiver Benefit, Paid-up Value, Surrender Value, survival and death benefit.
4. Money plus-I LIC policy: it provides survival, death and accidental benefit rider option.
5. Jeevan Anand LIC policy: it provides death and accidental benefit rider option.
6. Jeevan Chhaya LIC policy: it provides death benefit.
7. Komal Jeevan LIC policy: it provides maturity benefit.
8. Jeevan Saral LIC policy: it provides maturity and death benefit.
The LIC Policy is based on the life of person, which is known as insured. The policy holder makes payments to the insurance company in form of premiums. In case of death of insured person insurance company will agree to allocate benefit over death.
LIC provides a new plan called ULIP plan, under this plan it safeguards your investment during market fluctuations. This plan protects your investment in unpredictable times. This plan also offers Fund value based on the highest Net Asset Value in the end of policy term. LIC of India has provided all the information about their plans, online policy status, online premium calculator, complete details of their products etc over the internet.
LIC also provides some beneficial plans which are summarized as below:
1. Insurance Plans: this plan provides general personal policies to each individual as per their requirements and circumstances. It is further categorized in many plans such as plans for children, plans for handicapped persons, money back plans and whole life plans.
2. Pension Plans: these are the future plans that provide the stability to the owners of the policy after their retirement.
3. Special Plans: this plan allocates amount to the insurer in case of death during the policy term.
4. Withdraw Plans: this plan includes death benefits and investment attributes.
LIC Policy is referred to be as the legal bond between the insurer and the policy owner. Various conditions take place in case of policy term; in case of suicide no benefit will be allocated. The relief provided by Life Insurance Corporation is that a policy owner can withdraw packed or fractional amount of money after 10 years if it is essential. Polices provided by Life insurance corporation is beneficial in every step of life, Post office scheme cannot be continued after 10 years where as Life insurance schemes can be continued after 10 years. Life Insurance Corporation provides Accidental Death and disability benefits to the policy owner.
the article has been completedExceptional Investment Advantages On Taking Lic Policy By Lic Of India
the article has been completed Exceptional Investment Advantages On Taking Lic Policy By Lic Of India This time, hopefully can provide benefits to all of you. Okay, see you in another article posting.
You now read the article Exceptional Investment Advantages On Taking Lic Policy By Lic Of India with the link https://insuranceperson.blogspot.com/2014/03/exceptional-investment-advantages-on.html