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  • LIC Jeevan Vriddhi Plan No 808 - Hemanshu Karia

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    This document summarizes the JEEVAN VRIDDHI Single Premium Non-Linked Plan offered by LIC of India. It is an endowment policy that requires a single premium payment and offers a guaranteed maturity sum assured along with potential loyalty additions. The policy provides a death benefit of 5 times the single premium and offers policy loans after one year. It accepts customers between the ages of 8-50 and has no upper limit on the single premium amount.

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    This document summarizes the JEEVAN VRIDDHI Single Premium Non-Linked Plan offered by LIC of India. It is an endowment policy that requires a single premium payment and offers a guaranteed maturity sum assured along with potential loyalty additions. The policy provides a death benefit of 5 times the single premium and offers policy loans after one year. It accepts customers between the ages of 8-50 and has no upper limit on the single premium amount.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pps, pdf, or txt
    96 views10 pages

    LIC Jeevan Vriddhi Plan No 808 - Hemanshu Karia

    Uploaded by

    hemukaria
    This document summarizes the JEEVAN VRIDDHI Single Premium Non-Linked Plan offered by LIC of India. It is an endowment policy that requires a single premium payment and offers a guaranteed maturity sum assured along with potential loyalty additions. The policy provides a death benefit of 5 times the single premium and offers policy loans after one year. It accepts customers between the ages of 8-50 and has no upper limit on the single premium amount.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pps, pdf, or txt
    of 10

    Welcome to the presentation on

    JEEVAN VRIDDHI Single Premium Non-Linked Plan

    LIC of India presents its most popular

    Endowment Policy
    Table No. 808
    Single Premium Non Linked Plan

    Security - Five times of the single premium is being offered as the risk cover. Growth - There is attractive Guaranteed Maturity Sum Assured along with Loyalty additions, if any (Based on Corporation's experience) Convenience - One-time payment only. Freedom - There is no upper limit on investment for eligible lives.

    LIC of India presents its most popular

    Endowment Policy

    Attractions !!!

    Liquidity - Policy Loan is available after just one year.

    Minimum Entry Age: 8 years (completed) Maximum Entry Age: 50 years (nearest birthday) Mode of premium payment: Single premium Minimum Single Premium: Rs.30,000/-

    LIC of India presents its most popular

    Endowment Policy

    Maximum Single Premium: No Limit


    Policy Term: 10 years Guaranteed Maturity Sum Assured: The Guaranteed Maturity Sum Assured will depend on the single premium payable and the age at entry of the life to be assured.

    Eligibility

    Maturity Benefit: On maturity, the Guaranteed Maturity Sum Assured along with Loyalty Addition, if any, shall be payable.
    Loyalty Addition: Depending upon the Corporations experience the policy will be eligible for Loyalty Addition on date of maturity at such rate and on such terms as may be declared by the Corporation. Death benefit: On death, Basic Sum Assured shall be payable. The Basic Sum Assured shall be 5 times the Single Premium excluding extra premium, if any.

    LIC of India presents its most popular

    Endowment Policy

    Benefits

    Guaranteed Maturity Sum Assured: (1000)

    LIC of India presents its most popular

    Endowment Policy

    Benefits

    Incentive for Higher Premium:

    LIC of India presents its most popular

    Endowment Policy

    Benefits

    LIC of India presents its most popular

    Endowment Policy

    Illustration

    LIC of India presents its most popular

    Endowment Policy

    Illustration

    LIC of India presents its most popular

    Endowment Policy

    Illustration
    Assumptions And Disclaimer

    LIC of India presents its most popular

    Endowment Policy
    Table No. 808
    Single Premium Non Linked Plan

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