by All in One Calc | Feb 4, 2020 | Endowment Plan, Whole Life Plans
MODIFIED VERSION OF “LIC’s NEW JEEVAN ANAND” (Plan No. 915) The modifications are as under: i) Definition of “Sum Assured on Death” during Policy Term has been modified from “higher of 125% of Basic Sum Assured or 10 times...
by All in One Calc | Feb 4, 2020 | Endowment Plan
MODIFIED VERSION OF LIC’s NEW ENDOWMENT PLAN (Plan No. 914) The modifications are as under: Definition of “Sum Assured on Death” has been modified from “higher of Basic Sum Assured or 10 times of annualised premium” to...
by All in One Calc | Dec 4, 2019 | Endowment Plan
This is a Unit Linked Endowment plan offering Investment cum Insurance during the term of the policy The policy holder can choose from 4 Investment Fund types: Eligibility Conditions & RestrictionsBOND FUND:Investment in Government : Not less than 60%Short-term...
by All in One Calc | Nov 25, 2019 | Annuity Plan
LIC Jeevan Shanti plan is a single premium plan with dual option of returns that can be immediate or deferred annuity. It’s a kind of pension plan where the benefit can be availed in many ways. It is completely non-linked, non-participating plan. People can be...
by All in One Calc | Nov 25, 2019 | Annuity Plan
Pradhan Mantri Vaya Vandana Yojana is Pension plan for Senior citizens announced by Government of India. This policy is government’s subsidized pension scheme which will avail guaranteed 8% return in monthly mode and 8.3% return in yearly mode. Modifications with...
by All in One Calc | Nov 6, 2019 | Term Plan
Product Summary LIC’s Tech-Term plan is a Non-Linked, Non-Participating, Pure Risk Premium plan which shall be sold online only and hence no intermediaries will be involved. Under this plan there is flexibility to choose from two death benefit options i.e. Level...