LIC TERM INSURANCE NEW PLANS

Feb 1st, 2014No Comments

LIC Launches 2 New Term Insurance Plans.

LIC ANMOL JEEVAN 2 (Plan no 822) and LIC AMULYA JEEVAN 2 ( Plan no 823)

The premium rates are lesser by 25-35 % than the older Term insurance Plans.

Why Term Insurance from LIC?

  • —India’s largest life insurance company
  • —No 1 in claim settlement among all insurance companies in India
  • Market leader in terms of market share and first year premium of policies
  • —Total claims settled— 183.63 lakh claims, amounting to Rs.74077.84 crores (2012-13)
  • —88.05% of Non-early Death claims settled within  15 days of intimation.
  • Outstanding Claims Ratio—(Death Claims) :   1.04%

Amulya Jeevan 2 Features

o  Pure Term Assurance Policy

o Low Premium, High Risk Cover Plan

  • Ideal for:

o Youngsters making start-in-life

o People interested in pure risk cover only

  • LOW COST – BENEFIT

Cheapest Policy for Risk Cover Purpose

Risk Cover available till age 70

Sum Assured is provided to Nominee on death of the Policyholder

  • DEATH BENEFIT

Full Sum Assured is paid to the Nominee in the event of death of the Policy Holder

Term Age Sum Assured
Minimum 5 18 years completed 25,00,000
Maximum 35 60 (nearest birthday) No Limit

No Maturity would be paid to the policyholder at the end of term.

Leave a Reply

WordPress SEO fine-tune by Meta SEO Pack from Poradnik Webmastera