Secure Life in Rs.25/- per week with LIC Micro Insurance
A with-profits Micro Insurance cum savings plan wherein premiums can be paid in weekly, fortnightly, monthly, quarterly, half-yearly or yearly intervals over the term of the policy. Sum Assured varies from Rs 5000 to Rs 30000.
Minimum age at entry 18 years (completed)
Maximum age at entry 60 years (nearest birthday)
Maximum age at maturity 65 years (nearest birthday )
Term 5 to 15 years.
Eligibility Conditions and Other Restriction
Your age must be Minimum18 years (completed ) for entry and not should be more than 60 years (nearest birthday). Maximum age at maturity is 70 years (nearest birthday).
And
Term : 10 to 15 years for regular premium.
10 years for single premium.
A with-profits Micro Insurance cum savings plan wherein premiums can be paid in weekly, fortnightly, monthly, quarterly, half-yearly or yearly intervals over the term of the policy. Sum Assured varies from Rs 5000 to Rs 30000.
LIC Jeevan Madhur and LIC Jeevan Mangal
- LIC Jeevan Madhur -An Endowment Assurance plan, launched in September 2006. In this product policy holder can easily pay premiums regularly according to its own capacity, such as at
- weekly, fortnightly, monthly, quarterly, half-yearly or yearly intervals bases over the term of the policy.
- Minimum installment premium for different modes of premium payment shall be:
- Weekly: Rs. 25/-
- Fortnightly: Rs. 50/-
- Monthly: Rs. 100/-
- Quarterly/Half-yearly/Yearly: Rs. 250/- Further, the premium chosen by you shall be subject to the minimum and maximum sum assured of Rs. 5,000/- and Rs. 30,000/- respectively payable on death and maturity under this plan
Term 5 to 15 years.
- Minimum Sum Assured Rs. 5,000
- Maximum Sum Assured Rs. 30,000
LIC Jeevan Mangal :
A term assurance plan in which insurance holder get premiums on maturity. In LIC Jeevan Mangal , insurance holder can pay premiums either in lump sum or regularly at Yearly, Half Yearly, Quarterly, Monthly, fortnightly or weekly intervals over the term of the policy. but when you are planning to take LIC Jeevan Mangal know about....Eligibility Conditions and Other Restriction
Your age must be Minimum18 years (completed ) for entry and not should be more than 60 years (nearest birthday). Maximum age at maturity is 70 years (nearest birthday).
And
Term : 10 to 15 years for regular premium.
10 years for single premium.
- Minimum Installment Premium :Rs 15/-
- Minimum Sum Assured : Rs. 10,000/-
- Maximum Sum Assured : Rs. 50,000/- (Sum Assured shall be in multiples of Rs. 1,000/-)
- Death Benefit : On death during the term of the policy the Sum Assured under the basic plan is payable, provided the policy is kept in force.
- Maturity Benefit: On surviving to the date of maturity, an amount equal to the total amount of premium paid during the term of the contract excluding the accident benefit premium and all extra premium, if any, is payable ,provided the policy is kept in force.
- Optional Rider:
- Accidental Benefit Rider: On death arising as a result of accident during the term of the policy, an additional amount, equal to Accident Benefit Rider Sum Assured is payable .
