How much will I get on my LIC Jeevan Anand?
How much will I get on my LIC Jeevan Anand?
Maturity Benefit:
| Parameters | Max Life Monthly Income Advantage Plan | LIC New Jeevan Anand |
|---|---|---|
| Rate of Return | 5.85\% | 3.56\% |
| Total Amount you get | Rs. 61,94,148 | Rs. 40,66,000 |
| You get money in | Year 16 till 25 | Year 25 |
Which policy is best for single premium?
1. LIC’s Jeevan Akshay – VI Plan: The Jeevan Akshay – VI Plan from LIC is a non-linked, single premium payment, immediate annuity policy that provides annuity payments throughout the lifetime of the policyholder.
What is single premium plan?
Single-premium life (SPL) is insurance in which a policyholder pays a lump sum of money upfront in exchange for a guaranteed death benefit. Benefits of SPL include a sizable payout for beneficiaries, due to the lump sum funding, and the ability to access some of the cash for long-term care if needed.
What is the age limit for LIC policy?
Age for the most of the LIC policies are considered according to nearest birthday, for example, if a person is 26 Years, 5 Months and 23 Days old then his/her age will be counted as 26 years but if it is 26 Years, 6 Months and 23 Days, then his/her age will be counted as 27 years.
Can I have multiple LIC policies on one account?
24. January 2017LIC(150) If you hold one or more policies of LICeither on your name or for your family members, you shall maintain all the policies into a single LIC online account. Having an online LIC account would be helpful for you to pay the premium of those polices, check the next due dates, get the premium paid receipt anytime, etc.
Do I need an online LIC account to pay insurance premiums?
If you hold one or more policies of LIC either on your name or for your family members, you shall maintain all the policies into a single LIC online account. Having an online LIC account would be helpful for you to pay the premium of those polices, check the next due dates, get the premium paid receipt anytime, etc.
What is the LIC New children money back plan for children?
For children aged less than 8 years, there is a deferment period under this LIC New Children Money Back Plan. The risk cover will begin one day before the completion of 2 years of the policy commencement or one day before the policy anniversary, which coincides with or follows the completion of 8 years of age.