• Call us now:

    7827366985

  • Drop us line:

    info@insurenbesecure.com

  • Drop us line:

    Lic.13959@gmail.com

847- Jeevan Shiromani

Life Insurance Products

Get the latest information on all LIC's plans and all private insurance companies.

Founded in 1956,Life Insurance Corporation of India (LIC) is the Largest life insurance company in the country with a total income of Rs. 492626.60 core and total assests worth Rs. 2572028.34Cr It’s fully owned by the Goverment of the Goverment of India & is also the country largest investor.

Ready to help you

Plan Information

  1. Age Entry : 18-55 yrs
  2. Max Maturity Age : 69 yrs
  3. Term/PPT : 14/10 16/12 18/14 20/16
  4. Sum Assured : 1,00,00,000-No limit
  5. Sum Assured multiples : 5,00,000
  6. Mode of payment : All
  7. ServiceTax: 1st year : 4.5%
  8. Subsequent year : 2.25%
  9. Loan: After 1 yr
  10. Surrender: After 1 yr
  11. On Death : Before 5 yrs SA+Guaranteed Addition(Rs.50)

After 5 yrs SA+Guaranteed Addition(Rs.55)+Loyality Addition Sum Assured on death is 125% of Basic Sum Assured or 10 times of Annualized Premium or 105% of total premiums paid whichever is higher
Returns: For Term 14: 10th,12th yr : 30% of SA Maturiry : 40% of SA+Guaranteed Addition+Loyality Addition
For Term 16: 12th,14th yr : 35% of SA Maturiry : 30% of SA+Guaranteed Addition+Loyality Addition
For Term 18: 14th,16th yr : 40% of SA Maturiry : 20% of SA+Guaranteed Addition+Loyality Addition
For Term 20: 16th,18th yr : 45% of SA Maturiry : 10% of SA+Guaranteed Addition+Loyality Addition

Plan illustration for SA 2 Lakh for term 25 years and payable Term 20 years.

First Year Premium for Age 18

2nd year onwards

Premium GST(4.5%) Payable Prem
YLY 694070 32968 727038
HLY 350518 16650 367168
QLY 177000 8408 185408
MLY 59000 2803 61803
Premium GST(2.25%) Payable Prem
YLY 694070 16484 710554
HLY 350518 8325 358843
QLY 177000 4204 181204
MLY 59000 1401 60401
  1. Guaranteed Bonus: 8550000
  2. Loyalty Addition :3900000
  3. 16th Year:4500000
  4. 18th Year: 4500000
  5. 20th Year:13450000
  6. Total Prem – 11385348
  7. Total Returns:22450000

Disclaimer :

The Benefits shown in this presentation are as per the 8% Benefit illustration of LIC of India, Actual values may vary, depends on the corporation profits and experience

Open chat