LIC agency

LIC agency Life Insurance is a contract between the life insurance corporation and the policy holder in the certain term that the insurer agrees to pay sum of amount.

23/07/2020

Little Bees International Play-School Preschool | Daycare | Playgroup | Nursery | LKG | UKG Karnataka: NRI Layout, Bangalore | Akshaya Nagar, Bangalore | Var...

26/03/2016

Anyone looking for any information or plans or policy, please feel free to contact.

26/03/2016

LIC’s New Jeevan Labh Plan (Table No 836)

LIC’S New Plan JEEVAN LABH (Table No. 836) Launched on 4th Jan 2015

ELIGIBILITY CONDITIONS AND RESTRICTIONS:

For Base Plan:

Minimum Age at entry for Life Assured : [8] years (completed)
Maximum Age at entry for Life Assured : [59] years (nbd) for Policy Term 16 years
[54] years (nbd) for Policy Term 21 years & [50] years (nbd) for Policy Term 25 years
Maximum Age at Maturity for Life Assured: [75] years (nbd)
Policy Term/Premium Paying Term : [16/10,21/15 and 25/16] years
Minimum Basic Sum Assured : Rs. 2,00,000/-
Maximum Basic Sum Assured : No Limit
The Basic Sum Assured shall be in multiples of Rs. 10,000/- only.
Age at entry for the Policyholder is to be taken as age nearest birthday (nbd) except for the minimum age at entry i.e. 8 years.
Date of Commencement of Risk: Under this plan the risk will commence immediately on acceptance of risk.

26/03/2016

LICs JEEVAN SHIKHAR Plan (Table No 837)

LIC’s Jeevan Shikhar is a participating, non-linked, saving cm protection single premium plan wherein the risk cover is ten times of Tabular Single Premium.

The proposer will have an option to choose the Maturity Sum Assured. The premium payable shall depend on the chosen amount of Maturity Sum Assured and age at entry of the life assured.

This plan also takes care of liquidity need through its loan facility.

26/03/2016

LICs Jeevan Pragati Plan Table no 838

New plan

LICs New Plan Jeevan Pragati (Table no 838), This is a non-linked, with-profits Endowment Assurance plan The main feature of this Jeevan Pragathi plan is the ‘sum assured on death’ (part of death benefit) automatically increases after every five years during the term of the policy..

13/09/2015

Please contact me if any one / your friends are looking for LIC.....

13/09/2015

LIC’s New Endowment Plus (Plan No.835)......

LIC’s New Endowment Plus is a unit linked assurance plan (Plan No.835), which offers investment-cum-insurance during the term of the policy.

The Policyholder can choose the amount of premium he/she desires to pay, depending on which Policyholder will get the equivalent level of cover.
Each premium paid by the Policyholder shall be subject to Premium Allocation charge. The allocated premium will be utilized to purchase units as per the selected fund type.
The Policyholder’s Fund Value will be subject to deduction of charges specified in Para 3 of this circular. Units will be allotted and cancelled based on the Net Asset Value (NAV) of the respective fund applicable to the date of allotment / cancellation.
There is no Bid-Offer spread (both the Bid price and Offer price of units will be equal to NAV). The NAV will be computed on daily basis and will be based on the investment performance and Fund Management Charges (FMC) of each fund type.

31/05/2015

Please contact for any information and policies..... We have very good plans from LIC.

31/05/2015

LIC’s New Children Money Back Plan 832

LIC’s New Children Money Back – Plan Table No. 832 (Launched on 4th March 2015)

LIC’s New Children’s Money Back Plan is a non-linked, with-profit, regular premium payment money back plan specially designed to meet various financial needs of children through Survival Benefits. It provides for the risk cover on the life of child during the policy term and number of survival benefits on surviving to the end of the specified duration’s.

Basic Features of New Children’s Money Back Plan (Table No 832)


Minimum Age at Entry: 0 Years (Last Birthday)
Maximum Age at Entry: 12 Years (Last Birthday)
Proposer’s age :
Minimum – 18 years
Maximum – 55 years
Min Sum Assured : 1 Lac
Max Sum Assured : No limit
Sum Assured Rebate:
upto 1.90 L = Nil
2 to 4.90 L = Rs 2/-
5 L & above = Rs 3/-
Mode : All modes
Mode rebate :
YLY- 2%
HLY- 1%
Policy Term : 25 minus age i.e. 25 – Age
eg. Child’s age is 4 years then Policy term will be 25-4=21 Years
Premium Term : 18 minus age
eg. Child’s age is 4 years then Premium term will be 18-4=14 Years
PWB available (Premium Waiver Benefit Rider)
Maturity for below Child Age
At 18 = 20% of SA
At 20 = 20% of SA
At 22 = 20% of SA
At 25 = 40% of SA + Bonus+ Final Additional Bonus
Date of commencement of risk under the plan: In case the age at entry of the Life Assured is less than 8 years, the risk under this plan will commence either one day before the completion of 2 years from the date commencement of policy or one day before the policy anniversary coinciding with or immediately following the completion of 8 years of age, whichever is earlier. For those aged 8 years or more, risk will commence immediately.
Surrender Value: The policy can be surrendered at any time during the policy term provided premiums have been paid for full three years.
Loan: Loan facility is available under this plan after the payment of premiums for atleast three full years and after obtaining the declaration from the proposer to the effect that loan is raised for the benefit of the minor life assured.
Su***de Clause: This policy shall be void
If the Life Assured (whether sane or insane) commits su***de at any time within 12 months from the date of commencement of risk, the Corporation will not entertain any claim under this policy except for 80% of the premiums paid excluding any taxes and extra premium, if any, provided the policy is in force. This clause shall not be applicable in case age at entry of the Life Assured is below 8 years.
If the Life Assured (whether sane or insane) commits su***de within 12 months from date of revival, an amount which is higher of 80% of the premiums paid till the date of death (excluding any taxes and extra premium, if any,) or the surrender value shall be payable. The Corporation will not entertain any other claim under this policy. This clause shall not be applicable:
in case the age of the Life Assured is below 8 years at the time of revival; or
for a policy lapsed without acquiring paid-up value and nothing shall be payable under such policies.

31/05/2015

Jeevan Lakshya Plan No 833

LIC’s New Plan – Jeevan Lakshya (Plan No.833) Launching today 12 March 2015
with profit Endowment plan

Age : 18 to 50 yrs.
Maturity Age : 65 yrs.
Policy Term :13 to 25 yr
Premium Term = Policy term minus 3 yrs.
S.A. : Min 1 Lac & Max- No limit.
Accident Rider (DAB): upto 1 Cr. (Over all limit)
Term Rider: Min -Basic SA ,Max- 25 Lacs
On Maturity : 110% SA + Bonus + FAB
On Death :
10% SA payable on every policy anniversary after Death till Maturity.
And on Maturity date again 110%SA + Bonus + FAB.
Loan : After 3 Yrs.
Tax Benefits : u/s 80c
Maturity /Death claims: Tax free u/s 10 (10)D

31/05/2015

Jeevan Tarun Plan No. 834

LIC is going to launch New plan for Childrens Soon – JEEVAN TARUN (Table No. 834)

This is Fantastic plan For the Children, This Can be taken as a Money Back if want.
Pay premium only upto 20 years of the child
Maturity at the age of 25
Jeevan Tarun is a limited premium plan designed for childrens education, marriage and other needs in the future.
Lic’s new plan for Children – Jeevan Tarun plan no. 834 is a Non-linked, with-profits, optional money back plan which will introduced soon by LIC (Life Insurance Corporation of India).

Lic Jeevan Tarun policy offers four options.


Depending on the requirement, the proposer can choose any of the 4 options for SB (Survival Benefit) payments from 20 to 24 years of age.
Proposer need to choose the option at the proposal stage only.
Under Jeevan Tarun plan Maturity Benefit is payable at the age of 25 years only.
Four options are given below,

Option Survival Benefit Maturity Benefit
Option 1 No Survival Benefit 100% of Sum Assured
Option 2 5% of Sum Assured every year for 5 years 75% of Sum Assured
Option 3 10% of Sum Assured every year for 5 years 50% of Sum Assured
Option 4 15% of Sum Assured every year for 5 years 25% of Sum Assured
LIC’s Jeevan Tarun Plan Features
Entry Age Minimum: 90 daysMaximum: 12 years
Minimum/Maximum Maturity Age 25 years
Policy term 25 years – Age at entry (years)
Premium Paying Term 20 years – Age at entry (years)
Sum Assured (SA) Minimum: Rs. 75,000/-Maximum: No limit
(SA shall be in multiples of

5,000/- from SA 75,000/- to 1,00,000/-

10,000/- for SA above 1,00,000/-)

Jeevan Tarun Plan Benefits
Death Benefit:

On Death before the Date of commencement of risk: Death benefit = Total no. of premiums paid – taxes, extra premium and rider premium (if any)
On Death after the Date of commencement of risk: Death benefit = ‘Sum Assured on death’ + vested Simple Reversionary Bonuses + Final Additional Bonus, if any.
Survival Benefit:

On survival of the life assured on each of the respective policy anniversaries, a fixed percentage of sum assured shall be payable as survival benefit. It shall be payable every year starting from policy anniversary coinciding with / following the completion of 20 years of age and thereafter on each of next 4 policy anniversaries. These percentages depend on the option choosen by the proposer at the proposal stage. The percentages for various options are given below,

Policy Anniversary coinciding with / following the completion of ages Percentage of Sum Assured to be paid as SB (Survival Benefit)
Option 1 Option 2 Option 3 Option 4
20 to 24 years Nil 5% each year 10% each year 15% each year
Maturity Benefit:

On Survival Maturity Benefit = Sum Assured on maturity + vested Simple Reversionary Bonuses + Final Additional Bonus, if any
Sum Assured on Maturity for various options are given below,

Options Maturity Benefit
Option 1 100% of Sum Assured
Option 2 75% of Sum Assured
Option 3 50% of Sum Assured
Option 4 25% of Sum Assured
Riders available in Lic Jeevan Tarun 834 Policy
Premium Waiver Benefit Rider:

Premium Waiver Benefit is available under Lic Jeevan Tarun Policy on payment of additional premium. This is an optional rider that can be opted along with basic plan. In case of death of the life assured, futher premiums after the date of death shall be waived. The conditions for Lic Premium Waiver Benefit Rider are given below,

Entry Age: Minimum: 18 yearsMaximum: 55 years
Term of the Rider: 20 – Age of the child at the time of opting the rider
Maximum Cover ceasing age: 70 years

01/05/2015

Life Insurance is the best way of financial planning. It protects your money and ensures its growth, thus providing you with complete financial well being.

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