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Showing posts with the label investment tips

Why should I choose to select money back plan in 2020?

A cash-back policy is a system that returns money at regular intervals. During the duration of the contract, this cashback is paid and is a proportion of the Amount Assured. Pay-outs for money-back are considered survival benefits. Such incentives will be accrued during the lifetime of the contract and the remaining Amount Assured will be compensated along with accumulated bonuses upon maturity. If the insured dies during the lifetime of the contract, however, the full Amount Assured will be paid regardless of the recovery benefits already accrued. This is the unique feature of the program. Some of Money Back Policy’s key features are: The Survival Profit is calculated as a percentage of the guaranteed total. During the lifetime of the program, longevity benefits are paid at regular intervals. When the benefits are paid, there is a set period. Every program has a different structure of payouts. Likewise, there is also no fixed percentage of Amount Assured char...

Why LIC Jeevan Tarun Is the Best Choice for Your Child’s Education?

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LIC’s Jeevan Tarun is one scheme that can provide you with a restricted pay choice to secure the future of your child. It is an optimal investment plan to secure the future of your child against life’s hardships LIC Jeevan Tarun provides a few money back and maturity advantages decisions. Whether it’s education, marriage or some other reason to exist, Jeevan Tarun from LIC ensures your next generation doesn’t have to face any economic issues. The scheme provides wide integration of hazard, with a partial-pay option, where the range of premium payment term is shorter than the maturity period of the policy. Some of LIC Jeevan Tarun‘s Best Features are : Limited premium payment It states that it will be necessary to pay the premium quantities until the child reaches the age of 20 years ; the policy will be regarded to have evolved once your baby reaches the age of 25 years. This is an ideal option for individuals who are concerned about their term investment plans and ...

LIC’s Jeevan Amar (No.855) – Offline Term Life Insurance

LIC is introducing its new offline term life insurance LIC’s Jeevan Amar (No.855) from 5th August, 2019. It is claimed that it will be one of LIC's best-cost term life insurance plan. Let's see the benefits and how they're beneficial to us all. Jeevan Amar (No.855) of LIC is a non-linked, non-participating insurance plan for the term of life. LIC is launching a term life insurance after a long gap. It is primarily due to the competition in this product field. There are two premium categories under this scheme: 1) Non-Smoker and 2) Smoker Tariffs. You can choose anyone option. However, if you have selected the category of Non-Smoker, you must undergo the extra medical examination such as the Urinary Cotinine Test. The premium will apply to Non-Smoker proposer based on the Cotinine Test results. Features of LIC’s Jeevan Amar (No.855) It is an OFFLINE Term Life Insurance from LIC. Minimum Sum Assured is Rs.25 lakh and there is no limit for maximum sum assured. ...