It has won golden peacock award and it is the most flexible plan ever introduced by Lic of India. Jeevan Saral policy is like an endowment plan which is very simple and easy to understand. Jeevan saral policy has various premium payment modes like monthly, quarterly, half yearly and yearly. For example: Jeevan saral policy taken by Preity zeenta with a monthly premium of Rs.10210/- she will get 25
0 times risk cover of Rs. 25,00,000/- and double accident benefit of Rs. 50,00,000/- When the policy matures after 25 years she will get appox. Rs.1,36,51,012/- which is calculated @10% loyalty addition returns. Now in case she wants to stop the policy after the 15th year she can do it without any penalty or surrender charge. Her maturity amount works out to appox Rs. 44,43,968/- at the end of the 15th year. Also she can avail a loan on this policy from the 3rd year onwards. If you are also impressed by the simplicity of Jeevan saral by Lic of India, you can book a policy for yourself. Jeevan saral policy starts from as low as Rs. 250, Rs.500 , Rs.1000, Rs.2000, Rs.3000 and so on… It has no upper limit. We recommend Rs.3063/- monthly premium for a working male or female
Benefit of LIC Scheme:
LIC Monthly Recurring type Scheme
This is like a Post office or Recurring Deposit Scheme. You can deposit Yearly, Hly, Quarterly or Monthly (ECS) in LIC scheme
Maturity received in LIC scheme is Tax Free under section 10-10d of income Tax act. You can withdraw partial of full amount if necessary after 10 years. The amount deposited in LIC is exempted under section 80c of income Tax act. You can continue LIC scheme after 10 years. In case of death 250 times monthly premium + Total Premium paid - (1st years premium & Extra premium paid ) + LA if any payable. If you forget to take maturity at the end of 10 years, You can get return beyond 10 years in LIC scheme. This is not available in Post office scheme. This plan has Loyalty addition which will be declared and given by LIC. IC v/s Monthly Recurring Scheme
Maturity at the end of 10 years in Monthly Scheme
PREMIUM LIC Jeevan Saral POST OFFICE LIC GAIN
500 106452 + Free insurance 89010 - income Tax 17442
1000 212904 + Free insurance 178021 - income Tax 34883
1500 319356 + Free insurance 267031 - income Tax 52325
2000 425808 + Free insurance 356042 - income Tax 69766
2500 532260 + Free insurance 445052 _ income Tax 87208
3000 638712 + Free insurance 534063 - income Tax 104649
3500 745164 + Free insurance 623073 - income Tax 122091
4000 851616 + Free insurance 712084 - income Tax 139532
5000 1064520 + Free insurance 890105 - income Tax 174415
Contact US For
Jeevan Saral Policy, Jeevan Saral From Life Insurance corporation of India, Jeevan Saral ATM Plan 165. on 09022444400
