Topic: LIC Jeevan Saral

Can any one suggest, going for this policy is good or not.

This message was edited 1 time. Last update was at 14/01/2010 14:41:04

It completely depends on your age. Actually, unlike other policies - the premium is same for all ages - BUT, the maturity will differ. Lower maturity for higher age.

Although because of income tax benefits that LIC will rec from govt for this plan, it is expected to still give better returns. You can email me for further discussion.

Hi
Depend on what age u r .
If u are below 40 then I suggest take a term plan for say 30 lakhs and go for a pension plan also.
please do not fall for a policy which offers both since the mortality keeps increasing with age
but in a term plan the amount charge remains constant
and in a pension plan there is no mortality charges since their is no life cover involved
a. In term insurance in case u die u loved ones are taken care after u

b. In case u dont die your pension covers takes care of u

LIC’s Jeevan Saral is a unique plan having good features of the conventional plans and
the flexibility of unit linked plans. This is a Monthly Recurring Life Insurance Plan by Lic of India where the proposor get 250 times monthly premium + total premium paid + LA if any in case of death. To the policyholder it provides —
• higher life cover
• a smooth return,
• liquidity & a lot of flexibility
BENEFITS
• LIC Monthly Recurring type Scheme
• This is like a Post office or Recurring Deposit Scheme. You can deposit Yearly, Hly, Quarterly or Monthly in LIC scheme
• Maturity amount received is Tax Free under section 10-10d of income Tax act.
• Any number of partial withdrawals through partial surrendering after 10 years
• The amount deposited in LIC is exempted under section 80c of income Tax act.
• In case of death 250 times monthly premium + Total Premium paid - (1st years premium & Extra premium paid ) + LA if any payable.
Special Features:
• High life cover at very low premium
• Extended risk cover for one year after 3 years premium payment.
• Optional higher cover available through Term Riders
• The policyholder can choose a maximum term but can surrender at any time
• without any surrender penalty or loss after 5 years
Any time money ( ATM ) Plan 165 Jeevan Saral By LIC of India call us for more details.
Contact for free consultation.
Pardumman Verma - LIC Authorised Agent –New Delhi (Mob : 9968254297 E-mail : licagentncr@gmail.com)

Hi,

i am sujendra

If u are below 40 then I suggest take a term plan for say 30 lakhs and go for a pension plan also.
please do not fall for a policy which offers both since the mortality keeps increasing with age
but in a term plan the amount charge remains constant and in a pension plan there is no mortality charges since their is no life cover involved. In term insurance in case u die u loved ones are taken care after u etc.,

regards,

phe9oxis,

http://www.guidebuddha.com

I have come to know that by investing rs.2500 per months in Ls4 lakhs after five years , 8 lakhs after 10 years and 16 lakhs after 15 yeafrs.IC Jeevan Saral one gets maturity amount of R.

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