TERM ASSURANCE PLANS


TERM ASSURANCE PLANS


TWO YEAR TEMPORARY ASSURANCE POLICY-43
Min.Age  =18
Max.Age = 60
Terms =   6/12/18/24 Months                                                           
Min.Sum Assured  = Rs 50000
Max.Sum Assured = Rs 1 Crore
Premium Paying Mode : Single Only

SUITABILITY: 
This Plan is Insuring Non Insurance Minded Class of Lives Who Require
Risk Cover For a Short Period of 2 Years or Less.
PRODUCT:
This  Plan is Pure Life Risk Plan.
Terms Available 6 / 12 /18/ 24 Months.                                                                                                                                                                                                                                                                       
MATURITY BENEFIT:
No Maturity Benefit
DEATH BENEFIT:
On Death of Policyholder, Nominee Will Get = Sum Assured
EXAMPLE:

AGE=30
TERM=2 year
Sum Assured = Rs 2 Lacs  
Premium   = Rs 1140 / Year
MATURITY BENEFIT:   
No Maturity Benefit
DEATH BENEFIT:
If Death Occurs During 2nd  Year,
Nominee Will Get = Rs 2 Lacs


ANMOL JEEVAN-I-164
Min.Age  = 18
Max.Age = 55
Min.Term = 5 years
Max.Term= 25years
Min.Sum Assured  = Rs 5 Lacs
Max.Sum Assured = Rs 24 Lacs
Premium Paying Mode : Single/Year/H.year
SUITABILITY:
This is The Cheapest Pure Life Risk Plan.
PRODUCT:
This is The Only Plan Allowed Under Key Man Insurance
MATURITY BENEFIT:
On Maturity No Amount Will be Paid To Policyholder.
DEATH BENEFIT:
On Death of Policyholder,
Nominee Will Get  = Sum Assured
EXAMPLE:

AGE=30
TERM=20years
Sum Assured = Rs 5 Lacs   
Premium Paying Terms = 20 Years
Premium                         = Rs 1614 / Year
              If Premium Paying Term = 10 Years
             Premium                           = Rs 1282 / Years
MATURITY BENEFIT:     
No Maturity Benefit.
DEATH BENEFIT:
If Policyholder Dies During 10th  Year,
Nominee Will Get = Rs 5 Lacs


AMULYA JEEVAN-I-190
Min.Age  = 18
Max.Age = 60
Min.Term = 5 yrs
Max.Term= 35 yrs
Min.Sum Assured  = Rs 25 Lacs
Max.Sum Assured = Any
Premium Paying Mode : Single/Year/H.year

SUITABILITY:  
This is Pure Term Assurance Plan for Those Who Want
Higher Sum Assured.      
PRODUCT:
MATURITY BENEFIT:
On Maturity No Amount Will be Paid To Policyholder.
DEATH BENEFIT:
On Death of Policyholder,
Nominee Will Get  = Sum Assured
EXAMPLE:

AGE=30
TERM=20year
Sum Assured = Rs 25 Lacs
Premium Paying Terms = 20 Years
Premium                         = Rs 6425 / Year
             If Premium Paying Term = 10 Years
             Premium                           = Rs 5475  / Years
MATURITY BENEFIT:   
No Maturity Benefit.
DEATH BENEFIT:
If Policyholder Dies During 10th  Year,
Nominee Will Get = Rs 25 Lacs


Statutory Warning:
“Some benefits are guaranteed and some benefits are variable with returns based on the  future performance of your insurer carrying on life insurance business.  These assumed    rates of return are not guaranteed and they are not upper or lower limits of what you might get back as the value of your policy is dependent on a number of factors including future investment performance.”
All Calculation Given Above are Referal only
*Insurance  is  the  subject  matter  of  Solicitation

For Any Clarification Contact

RAVINDRABALAN. S
LIC ADVICER