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ENDOWMENT WITH
PROFIT
-
Being
an endowment assurance policy, this plan is
apt for people of of all ages and social groups
who wish to protect their families from a
financial setback that may occur owing to
their demise.
-
The
amount assured if not paid by reason of his
death earlier will payable at the end of the
endowment term where it can be invested in
an annuity provision for the rest of the policyholder's
life or in any other way he may think most
suitable at that time.
-
Moderate
Premiums
- High bonus
- High liquidity
- Savings oriented
This policy not
only makes provisions for the family of the Life
Assured in event of his early death but also assures
a lump sum at a desired age. The lump sum can
be reinvested to provide an annuity during the
remainder of his life or in any other way considered
suitable at that time.
Premiums are usually
payable for the selected term of years or until
death if it occurs during the term period
Benefits
Disability
Benefit:
In case policy
holder becomes totally and permanently disabled
due to an accident before reaching the age of
70 and the policy is in full force, he will
not be required to pay further premiums, (the
Disability Benefit is available in respect of
the first Rs.20,000 sum assured on any one life)
and the policy will continue to be in force.
Accident Benefit:
By paying a small
extra premium of Rs.1 per Rs.1000/- sum assured
per year he or his family are entitled to the
following benefits on death or permanent disability
caused by accident. Even students above the
age of 18 years can avail of this benefit.
Premium Stoppage:
If payment of
premiums ceases after at least THREE years'
premiums have been paid , a free paid-up policy
for a reduced sum assured will be automatically
secured provided the reduced sum assured, exclusive
of any attached bonus, is not less than Rs.
250/-. The reduced sum assured will become payable
on the event as stipulated in the policy..
Bonus:
Is there anything
extra payable besides the sum assured at the
time of claim settlement? Yes, but only if it
is a with profits policy. Every
year the Life Insurance Corporation distributes
its surplus among policyholder to with
profits polices in the form of bonuses.
Substantial bonuses have been declared in the
past after each valuation of policy liabilities.
Death Benefits
-
Minimum
age at entry : 12 years
-
Maximum
age at entry : 65 years
-
Maximum
age at maturity : 75 years
-
Minimum
Sum Assured : Rs.00,000
-
Maximum
Sum Assured : No Limit
- Policy Term
: 5 to 55 Years
-
Mode
of Payment : Monthly, Quarterly, Half Yearly,
Yearly, Salary Saving Scheme
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Contact Us
1) If you want to Buy New Insurance Policies than
call 9422553400 (Pune)
2) If you need a detailed quotation from us as to how much insurance you
should really go for. Click here
3) If you have a previous life insurance policy and want servicing for the
same. Click here
4) Contact us on email: gulwe@licagent.biz

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Lic Agents
In areas: (Life Insurance Corporation India) |
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Pimpri |
bhosari |
khopoli |
beed |
amravati |
deccan |
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bhosari |
mumbai |
aundh |
ahmednagar |
khed |
delhi |
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pirangut |
chakan |
mumbai |
kolhapur |
midc |
jalgaon |
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pune |
hadapsar |
nashik |
lonawala |
ranjangaon |
aurangabad |
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chinchwad |
wakad |
sangli |
ahmednagar |
hinjewadi |
dhule |
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talegaon |
pmt pcmc |
nagpur |
aurangabad |
solapur |
wai satara |
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kalyan |
bhivandi |
vashi |
mulund |
panvel |
thane |
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Lic india, Lic
policy, Lic investment, lic for child, lic policy mumbai, lic agent, lic in
pune, agent for lic, NRI Lic, lic investment, Lic for NRI, Lic for Foreign
nationals, LIC INDIA, Lic policies, Lic in remote area, Lic premium payment,
NRI Investments, Lic help, Lic for all ages, Investment, Loans against
Insurance, Save Tax, Lic in india, Lic in pune, Lic Health Insurance, Lic
policy service, Lic policy servicing. |
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