Category Archives: Uncategorized

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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buy bima shree in delhi, gurgaon & Noida

 

 

 

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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.

buy LIC jeevan shiromani plan in Gurugram & Delhi
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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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

 

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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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LIC POLICY FOR GIRL CHILD
Posted by:V.K. sharma, November - 02 - 2015

LIC POLICY FOR GIRL CHILD 

Girls are gift of god. In earlier times, people used to expect a boy child over a girl child. They used believe that a boy will serve them throughout their lives. But over a period of time this thought is changing, now in every sector girls are proving themselves better than boys. Even government is coming with new schemes so that people treat girls and boys equally. And studies proved that girls are better than boys in every field.

LIC OF INDIA has a launched a new LIC Policy for girl child, which provides full security to girl child education from Kindergarten to Post Graduation.

LIC POLICY FOR GIRL CHILD
LIC POLICY FOR GIRL CHILD

Normally the best and the safest investment from safety point of view is RD regular deposit in bank, In any situation the money will be safe though the returns are small.

LIC also brought a plan “Jeevan Lakshya Plan for girls” which is totally risk free. All investment in this plan goes into the debt market. “Means whatever you will invest in this plan that is 100% safe and secure“.

Lic Policy for girl child

In this plan the maturity is “GUARANTEED“. If you are there then you have to make the payments till the end of the term and then the maturity will be given to you which you can use for the well fare of your girl child and in case due to any mis happening with you if you are not around even then LIC of India will definitely give maturity to your GIRL CHILD at the end of the term of the policy without taking any premium from the family of the girl child. that is premium will be waived for this policy so that girl should not be a burden for the family.

Due to above GUARANTEED maturity feature this plan is also called “SECURE MARRIAGE PLAN for girls”

Lic Policy for girl child

Guaranteed Educational benefits: If you as parents are around then you will try to provide you the best education from kindergarten to post graduation to your “GIRL CHILD”
but in your absence LIC will provide a lump sum amount every year to the GIRL CHILD so that she can continue her education in the same manner.

Due to this above feature this plan is also called “GUARANTEED EDUCATION plan for GIRL CHILD.

LIC POLICY FOR GIRL CHILD
LIC POLICY FOR GIRL CHILD

 

 

LIC POLICY FOR GIRL CHILD
LIC POLICY FOR GIRL CHILD
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