LIC BIMA SHREE TABLE NO 848
Posted by:V.K. sharma, March - 15 - 2018

LIC Bima Shree  Table no 848

LIC Bima Shree Table no 848  is a non-linked, with-profits, limited premium payment money back life insurance plan with minimum Basic Sum Assured of Rs. 10 lakh especially designed for targeted segment of High Net-worth Individuals.

Premium Payment Mode :
Yearly, Halfly, Quarterly, Monthly(ECS)

Term & Premium payment:
For Term 14yrs-premium payment is 10yrs, For Term 16yrs-premium payment is 12yrs, For Term 18yrs-premium payment is 14yrs, For Term 20yrs-premium payment is 16yrs.

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buy bima shree in delhi, gurgaon & Noida

Minimum Entry Age :
8 Years completed

Maximum Entry Age :
55 Years (Nearer Birthday) for Term 14
51 Years (Nearer Birthday) for Term 16
48 Years (Nearer Birthday) for Term 18
45 Years (Nearer Birthday) for Term 20

Maximum Maturity Age :
69 Years (Nearer Birthday) for term 14
67 Years (Nearer Birthday) for term 16
66 Years (Nearer Birthday) for term 18
65 Years (Nearer Birthday) for term 20

Minimum Sum Assured :
Rs 10 lakh (Multiple of 1 lakhs thereafter)

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buy bima shree in delhi, gurgaon & Noida

Maximum Sum Assured :
No Limit

Guaranteed Addition :
Rs 50/- per 1000 SA for 1st 5 years
Rs 55/- per 1000 SA for remaining PPT

Policy Benefits :

On Death :
Death during 5 yrs : SA on Death + GA
Death after 5 yrs : SA on Death + GA + LA

*SA on Death* : 125% of BSA or 10 times AP or 105% of Premiums Paid

Survival Benefits :
For 14 yrs policy : 30% of BSA in 10th & 12th year
For 16 yrs policy : 35% in 12th & 14th year
For 18 yrs policy : 40% in 14th & 16th year
For 20 yrs policy : 45% in 16th & 18th year

Maturity time : Remaining SA with GA + LA

Lic’s New Critical Illness Benefit Rider available.

Lic’s Premium Waiver Benefit Rider available.

Surrendered Value :
The Policy can be surrendered at any time during the policy term provided atleast 2 full years premiums have been paid.

Loan :
Loan Facillity is available under this plan, after payment of premiums for at least 2 full years.

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brouchure of bima shree table no 848
lic bima shree table no 848
lic bima shree table no 848
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LIC Data Sheet for TPA Medical Cases
Posted by:V.K. sharma, January - 02 - 2018

LIC Data Sheet for TPA Medical Cases

LIC Data Sheet for TPA Medical Cases
LIC Data Sheet for TPA Medical Cases

LIC Data Sheet for TPA Medical Cases is a must for the proposer when going for medical. Please note that LIC Data Sheet for TPA Medical Cases must be attested by the branch officials and full details of the medical to be done should be mentioned in LIC Data Sheet for TPA Medical Cases.

 

 

To Buy a new LIC policy you can register with us by clicking on the link below:

LIC Data Sheet for TPA Medical Cases
LIC Data Sheet for TPA Medical Cases
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Buy LIC Jeevan Shiromani Plan 847
Posted by:V.K. sharma, December - 18 - 2017

Buy LIC Jeevan Shiromani Plan 847

   Non linked, with guaranteed addition, limited payment, moneyback plan, covering many critical diseases. With lot of volatility in Indian financial market, LIC OF INDIA has launched a special plan for HNI’s, & NRI’s, which will give guaranteed returns. There is no such plan available in entire insurance industry which can give returns as are given by this Plan. So anyone who wants guaranteed returns must buy LIC jeevan Shiromani Plan 847.

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buy LIC jeevan shiromani plan in Gurugram & Delhi

Why Jeevan Shiromani is for HNI’s & NRI’s?

Minimum sum assured for Jeevan Shiromani is Rs 1 crore and there after the insurance can be increased in the multiple of Rs 5 lac and after that there is no upper limit.

How LIC jeevan Shiromani is guaranteed return plan?

This plan offers the guaranteed addition. For the first 5 years, the guaranteed addition will be Rs.50 per Rs.1,000 Sum Assured.

From 6th year onward to till POLICY PREMIUM PAYING TERM, this plan offers the guaranteed addition of Rs.55 per Rs.1,000 Sum Assured.

that is Rs 5lac per annum will be added to the policy for first five years and from 6th years onward Rs5.5lac per annum(till the end of the premium paying term) will be added to this policy in the form of the bonus. Note: This bonus is highest among any plan in the entire insurance industry.

Features of LIC Jeevan shiromani Plan:

There are four different terms available in LIC Jeevan Shiromani Plan and with limited premium paying term (4 years less than the term of the plan).

  1. Term 20years with Premium Payment 16years
  2. Term 18years with Premium Payment 14years
  3. Term 16years with Premium Payment 12years
  4. Term 14years with Premium Payment 10years

Moneyback also called Survival Benefits are paid in this plan on alternate years starting from the end of the premium paying term to end of the term.

Example: For 20years Term premium paying term is 16years and the moneyback will be paid in

16th year = 45% of SA, 18th year = 45% of SA and rest( 10% of SA with guaranteed addition) in 20th yr

For 18years Term premium paying term is 14years and the moneyback will be paid in

14th year = 40% of SA, 16th year = 40% of SA and rest( 20% of SA with guaranteed addition) in 18th yr

For 16years Term premium paying term is 12years and the moneyback will be paid in

12th year = 35% of SA, 14th year = 35% of SA and rest( 30% of SA with guaranteed addition) in 16th yr

For 14years Term premium paying term is 10years and the moneyback will be paid in

10th year = 30% of SA, 12th year = 30% of SA and rest( 40% of SA with guaranteed addition) in 14th yr

Note: % of Moneyback is different in every term. 

 

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buy LIC jeevan shiromani plan in Gurugram & Delhi

Death Benefits of LIC Jeevan Shiromani Plan 847

There are two conditions to pay the death benefits under this plan and they are as below.

a) Death during the first 5 years of policy period

If death occurs during the first 5 years of the policy period, then the benefit is as below.

Sum Assured on death+Guaranteed Addition at Rs.50 per Rs.1,000 Sum Assured.

b) Death from 6th year to policy maturity date

Sum Assured on death+Guaranteed Addition (for first 5 years Guaranteed Addition will be at Rs.50 per Rs.1,000 Sum Assured and from 6th year onward it will be Rs.55 per Rs.1,000 Sum Assured)+Loyalty Addition.

 

Maturity benefits of LIC Jeevan Shiromani Plan 847

If policyholder survives up to the policy period, then he will receive the below benefits.

  • For 14 Yrs Policy-40% of Basic Sum Assured+Guaranteed Addition+Loyalty Addition. As 60% of Basic Sum Assured is already paid in two equal money back installments in 10th Yr & 12th Yr each of 30-30%.
  • For 16 Yrs Policy-30% of Basic Sum Assured+Guaranteed Addition+Loyalty Addition.As 70% of Basic Sum Assured is already paid in two equal money back installments in 12th Yr & 14th Yr each of 35-35%.
  • For 18 Yrs Policy-20% of Basic Sum Assured+Guaranteed Addition+Loyalty Addition. As 80% of Basic Sum Assured is already paid in two equal money back installments in 14th Yr & 16th Yr each of 40-40%.
  • For 20 Yrs Policy-10% of Basic Sum Assured+Guaranteed Addition+Loyalty Addition.As 90% of Basic Sum Assured is already paid in two equal money back installments in 16th Yr & 18th Yr each of 45-45%.

 

Inbuilt Critical Illness Benefits of LIC Jeevan Shiromani Plan 847

LIC Jeevan Shiromani is a special plan which provides critical illness rider free of cost or one can say a compulsory part of this plan.

On the first diagnosis of any one of the 15 Critical Illness as specified below, and also if the policy is in force, then the following benefits will be provided.

  1. Cancer of specified severity
  2. Open chest CABG
  3. Myocardial infarction
  4. Kidney failure requiring regular dialysis
  5. Major organ/bone marrow transplant (as recipient)
  6. Stroke resulting in permanent symptoms
  7. Permanent paralysis of limbs
  8. Multiple sclerosis with persisting symptoms
  9. Aortic Surgery
  10. Primary (idiopathic) pulmonary hypertension
  11. Alzheimer’s disease/dementia
  12. Blindness
  13. Third-degree burns
  14. Open heart replacement or repair of heart valves
  15. Benign brain tumor

If the policyholder is diagnosed with any of the above-said illnesses, then LIC will give him the following below mentioned benefits.

a) Lump Sum Benefit:

Inbuilt critical illness benefits equal to 10% of Basic Sum Assured will be payable subject to the following.

  • This benefit will be payable after LIC satisfied with the reports with specific deferment period (in respect to specific diseases). The benefit will be payable only once during the policy period.
  • A Survival period of 30 days is applicable from the date of diagnosis of critical illness. If death occurs during the 30 days period, then no critical illness benefit will be payable.
  • A waiting period of 90 days will apply from the date of commencement of risk or date of revival of risk (whichever is later).  However, such waiting period is not applicable for accidental cases.

b) Option to defer the payment of premiums if there is a critical illness claim:-

If LIC accepted the critical illness claim, then you no need to pay the premiums for the next two years. LIC will not charge any interest on such delayed payment. However, if there is a survival benefit dues to be payable to policyholder during this 2 years period, then LIC will pay the survival benefit by DEDUCTING the premiums due.

c) Medical Second Opinion:

Under this benefit, the policyholder has an option to take the second opinion from the LIC impaneled healthcare providers or through reputed hospitals in India based on the arrangement made by LIC.

Do remember that this facility is available only once during the policy period, for which you no need to pay the cost. The policyholder can take this second opinion immediately after informing LIC about the illness (without bothering about whether his critical illness benefit will be accepted or not).

However, such second opinion not involves any test. If you do the test, then you have to bear the cost of that.

Also, such second opinion is purely based on the facilities and recommendations LIC provide.

 

How LIC Jeevan Shiromani works conceptually, explained below with the help of an example for a Sum Assured of Rs 1 crore on the age of Mr. X aged 30yrs.

 

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buy LIC jeevan shiromani plan 847 in Gurugram & Delhi

 

How LIC Jeevan Shiromani works, explained below with the help of an example for a Sum Assured of Rs 1 crore on the age of Mr. X aged 30yrs.

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buy LIC jeevan shiromani plan in Gurugram & Delhi

 

To buy LIC Jeevan Shiromani Plan 847, Please call us at 9716 836 836 Or

buy LIC jeevan shiromani plan in Gurugram & Delhi
buy LIC jeevan shiromani plan 847 in Gurugram & Delhi

 

 

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Higher Maturity in LIC Plans
Posted by:V.K. sharma, April - 06 - 2016

Higher Maturity in LIC Plans

There are various life insurance companies operating in India but why there is higher maturity in LIC Plans on comparing with the plan or policies of other life insurance companies.

LIC India is operating since 1956. Over these long years, the total life fund of LIC has crossed Rs 20lakh Crores.

You name any reputed company or bank LIC has stake in that. LIC holds shares holding in a total of 27 Nifty companies. The major companies where LIC has raised its stake include Infosys, RIL,Coal India Ltd, Cairn India. ITC, Power Grid Corp, NTPC, Siemens, Bharti Airtel and Hero MotoCorp. Mahindra & Mahindra, HDFC Bank, ICICI Bank, Tata Motors, L&T, HDFC, Wipro, SBI, Maruti Suzuki, Dr Reddys, Bajaj Auto etc. Among the Nifty companies, LIC’s holding in terms of value is estimated to be highest in ITC (Rs 27,326 crore), followed by RIL (Rs 21,659 crore), ONGC (Rs 17,764 crore), SBI (Rs 17,058 crore), L&T (Rs 16,800 crore), and ICICI Bank (Rs 10,006 crore). These are companies which are growing and so it LIC.

In FY14, LIC invested Rs 2.25 lakh crore in government securities, bonds, infrastructure, debenture and equity. The insurer had booked Rs 21,000 crore profit from sale of equities and churning of the  portfolio.

With respect to the investment in infrastructure and the social sector, LIC invested Rs 10,995.33 crore in power, Rs 4,121.74 crore in housing, Rs 35.72 crore in water supply and sewerage, and Rs 5,012.13 crore in other infrastructure in FY13.

Higher Maturity in LIC Plans
Higher Maturity in LIC Plans

A whopping 25 per cent rally in the equity markets boosted the net profit, or valuation surplus in the official language, of Life Insurance Corporation by 10.4 per cent in 2014-15 at Rs 36,087 crore.

As per the LIC Act, the corporation has to distribute 95 per cent of its profits with the policyholders, and accordingly the financial powerhouse paid Rs 34,283 crore to its millions of policyholders in the year, while the remaining 5 per cent worth Rs 1,804.35 crore was paid to its owner, the government.

Now one can understand that when LIC is earning this much profit and 95% of that is going for its policyholders so the point is very much clear that there is higher maturity in LIC Plans. So buy today.

Higher Maturity in LIC Plans
Higher Maturity in LIC Plans
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Address Change in LIC Policy
Posted by:V.K. sharma, March - 30 - 2016

Address Change in LIC Policy?

Address change in LIC policy, LIC policy में address change कराने का तरीका

LIC Policy में address change करने के लिए आप नीचे लिखे तरीकों में से कोई भी फॉलो कर सकते हैं

1. Offline from Home Branch Only : अगर आपको अपनी LIC policy की home branch (जहाँ से policy ली गई थी ) पता है और आप वहाँ जा सकते है तो आप अपनी home branch में एक लेटर लिखकर दे सकते है ( branch manager के नाम ) की आपको अपनी LIC policy में address change कराना है तो आपका काम बड़े आसानी से हो सकता है

documents जो साथ लगाने है

1 . ID proof (Pan Card, Voter Card, Adhar card )

2 Address Proof ( Voter Card, Adhar card, Electric Bill, Mobile Bill, Water Bill, Rent Agreement etc )

………………………………………………………………………………………………………………………………………………

 2. Offline from any LIC Branch : EDMS (Enterprise Data Management System) ये एक सिस्टम है LIC में जिसमे LIC की सभी पॉलिसियों को scan किया जाता है उसके बाद उन्हें LIC database में upload कर देते हैं Upload करने के बाद उन्हें किसी भी LIC branch से access कर सकते हैं अगर आपकी LIC Policy की image भी यदि आपकी पास वाली किसी भी ब्रांच में visible है तो आप अपना address, LIC policy में कहीं से भी change करा सकते हैं और ऊपर लिखे documents साथ जरूर ले ले

Note :-ये जानने के लिए की आपकी LIC policy की image visible है या नहीं तो आप 01128042584 या 01128042585 पर भी call करके confirm कर सकते हैं अगर इन  numbers पर कोई जवाब नहीं दे रहा है तो आप LIC Helpline numbers पर भी कॉल कर सकते हैं

………………………………………………………………………………………………………………………………………………..

3. Online through Email:  ऊपर दी Information (point no. 1 में ) को E-mail से भी आप अपनी home branch में भेज सकते हो यदि आपको अपनी home branch का Email Id मालुम है तो ।  यदि नहीं मालूम तो आप 01128042584 या 01128042585 पर भी call करके ले  सकते हैं या आप LIC Helpline numbers पर भी कॉल करके मदद ले सकते हैं

………………………………………………………………………………………………………………………………………………….

यदि आपको यह जानकारी Change address in LIC policy महत्वपूर्ण लगी हो तो http://www.facebook.com/lichelpline पर like जरूर करें

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Guaranteed Maturity in Jeevan Shikhar
Posted by:V.K. sharma, March - 15 - 2016

The Jeevan Shikar, one time, tax saving, life insurance policy is one of the best plan available in Indian financial market as far as guarantee of customer’s money is concerned.

There are many financial instrument are available in Indian financial market like FD, ULIP, GOLD, Mutual Funds, ELSS, Stocks etc. Many of them claim to give you good interest rates but there is only one financial instrument which is telling you the maturity amount at the time of investment. It is giving many benefits other than good returns like

  1. Good Risk Cover- The customer gets risk cover for next 15yrs by doing a single investment in LIC. This risk cover will be ten times of the premium paid.
  2. Tax Free Maturity-There is no financial instrument avaiable in the Indian financial market which can help people to save their taxed on maturity. But LIC JEEVAN SHIKHAR provides tax free maturity.
  3. Safe- The investment in LIC JEEVAN SHIKHAR is 100% safe. The money invested in this plan will be invested by LIC only in debt market, hence no risk of returns.

Note: This policy is closing on 31st March 2016. Only few days left. Act Now!

LIC JEEVAN SHIKHAR
LIC JEEVAN SHIKHAR

 

Click here to know more about LIC JEEVAN SHIKHAR

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Better Than Fixed Deposit
Posted by:V.K. sharma,

LIC JEEVAN SHIKHAR plan  (the best plan for tax free maturity ) is closing on 31st March 2016.  The Actual calculations shows that this plan is better than fixed deposit in banks. These days the rate of interest on fixed deposit in banks is 7.5% but for a tax payer or whose income is more than 10lakhs, LIC JEEVAN SHIKHAR is better than FD of the bank.

 

Example: Suppose Mr. Ram aged 35 is investing Rs 96,184 in bank for a term of 15yrs at the rate of 7.5% . If Mr Ram is in 30% slab than for every investment he is doing in bank will attract 30% tax that means the net rate of interest for him will be 7.5% minus 30% of 7.5% that is 7.5-2.25=5.25%. In this case his money will be doubled in 13.72yrs as per 5.25% rate of interest and with this rate of interest his money after 15years will be Rs 207,221.

 

But LIC JEEVAN SHIKHAR is giving you much more than this

  1. For an investment of Rs 96,184 the customer will get Rs 2,40,000 (Rs 2,20,000 MSA +20,000 LA) after 15yrs which is definitely more than bank FD.
  2. In Bank the customer is getting just interest but in LIC he is getting life insurance that too ten times of the premium paid that is in this case Rs9,61,840 which is absolutely free..
  3. If you buy a term plan of Rs 9,61,840 for a tenure of 15yrs at the age of 35 then the annual premium will be Rs 2000 for the term plan. That is customer saves Rs 30,000 for the term plan. Which is free in this plan.
  4. If you consider the cost of insurance than net investment of the customer will be Rs 96,184-30,000=Rs66,184 and the returns of Rs 2,40,000 on this investment is better than any investment in Indian market available today.

 

LIC JEEVAN SHIKHAR
LIC JEEVAN SHIKHAR

 

Click here to know more about LIC JEEVAN SHIKHAR

 

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LIC JEEVAN SHIKHAR

(Single Premium, Guaranteed, Tax Free Maturity, 10 times insurance Cover, Better than long term FD, Best for Tax Paying People)

Jeevan Shikhar is a guaranteed, 100% safe (No Share Market Risk) fix term, tax free policy. It is available only till 31st March 2016.

There are many people in India who are in 30% tax bracket and they are looking for a plan which can help them to save their tax U/S 80C and also which can provide them a tax free maturity. Jeevan Shikhar is specially design for those kind of people.

Note: Insurance cover in this plan is a feature which is not just securing their family financially but also provide them tax free maturity.

As per IRDA , policies with insurance cover more than or equal to ten times of premium are exempted from tax while paying the premium and while taking the maturity.

LIC JEEVAN SHIKHAR
LIC JEEVAN SHIKHAR

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

BENEFITS:

Death Benefit: On death during first five policy years: Before the date of commencement of risk: Refund of Single Premium without interest.

After the date of commencement of risk: “Sum Assured on Death” equal to 10 times the tabular single premium shall be payable.

On death after completion of five policy years but before the stipulated Date of Maturity:

“Sum Assured on Death “equal to 10 times the tabular single premium along with Loyalty Addition, if any, shall be payable.

Maturity Benefit: On maturity, the Maturity Sum Assured along with Loyalty Addition, if any, shall be payable.

ELIGIBILITY CONDITIONS AND OTHER RESTRICTIONS:

  1. Minimum Entry Age                                      : 6 years (completed)
  2. Maximum Entry Age                                     : 45 years (nearer birthday)
  3. Sum Assured on Death                                : 10 times of tabular single  premium
  4. Minimum Maturity Sum Assured                   : Rs. 100,000/-
  5. Maximum Maturity Sum Assured                  : No Limit

(Maturity Sum Assured shall be in multiple of Rs. 20,000/- only.)

  1. Policy Term                                                  :15 years
  2. Premium payment mode                             : Single premium only

 

LIC JEEVAN SHIKHAR
LIC JEEVAN SHIKHAR

Loan:

Loan facility shall be available under the plan at any time during the policy term after. 3 months from the date of acceptance of risk or after expiry of the free-look period, whichever is later. Depending on the age at entry, the maximum loan that can be granted as a percentage of surrender value for different policy terms are as under:

Policy year Maximum Loan Amount as a % of surrender value for age at entry <=35 Maximum Loan Amount as a % of surrender value for age at entry >35 years.
*3 month to 3rd 55% 35%
4th   to 6th 65% 50%
7th   to 9th 75% 70%
10th   to 12th 80% 80%
13th to 15th 85% 85%

*3 month means loan can be availed after three months from Date of acceptance of risk or after expiry of the Free-look period, whichever is later.

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buy jeevan shikhar
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buy lic JEEVAN SHIKHAR

 

Jeevan Shikhar lic
Jeevan Shikhar lic
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JEEVAN LABH VS ENDOWMENT PLAN
Posted by:V.K. sharma, January - 20 - 2016

JEEVAN LABH VS ENDOWMENT PLAN

 

1. Premium payment is lesser.

There are many endowment plans in LIC like table no. 814  (Normal Endowment Plan), 815 ( New Jeevan Anand), 833 ( LIC Jeevan Lakshya) etc where maturity comes in the end of the term chosen by the policyholder.

For Example :

If Table no. 814 is taken in the name of Mr. Ram Kumar aged 30yrs for 21years for sum assured of Rs 10,00,000/- then his annual premium is 46069 (Excluding service tax) to be paid for total 21yrs that mean Mr. Ram end up paying Rs 9,61,449/- i.e. 46069X21=Rs 9,61,449

&

If Table no. 815 is taken in the name of Mr. Shyam Kumar aged 30yrs for 21years for sum assured of Rs 10,00,000/- then his annual premium is 53713 (Excluding service tax)  to be paid for total 21yrs that mean Mr. Shyam end up paying Rs 11,27,973/- i.e. 53713X21= Rs11,27,973

&

If Table no. 836 is taken in the name of Mr. Rahim Kumar aged 30yrs for 21years for sum assured of Rs 10,00,000/- then his annual premium is 53601 (Excluding service tax) and the client is to pay for a term of 15yrs because in Jeevan Labh for 21yrs term the premium payment term is just 15yrs so Mr. Rahim end up paying in Jeevan labh is just 8,04,015/-

so the premium payment is least in Jeevan Labh which makes LIC JEEVAN LABH as the favourite among endowment plans.

Buy LIC jeevan labh plan
Buy LIC jeevan labh plan

2. Payment is limited

There are many people who are looking for a plan where they can premium for a lesser number of years even if they agree to maturity at a later date as most of the people are working in pvt. sector where they are more chances of unemployment. so they want to end up their responsibility by paying premium as early as possible.

To know more click on the link below:

Guaranteed adition in Jeevan Labh Total Premium is less in Jeevan Labh Tax benefits of Jeevan Labh

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