JEEVAN SARAL 165 PDF

Jeevan Saral Plan is a popular insurance plan with some special features which makes it one of the most flexible conventional insurance plan from LIC of India. As the plan was withdrawn from the sale, you cannot purchase it anymore. But all the policyholders who have purchased it before the withdrawal date will continue to enjoy the benefits of the policy. Payment options Read complete details of Jeevan Saral Plan.

Author:Goltilkis Tygorisar
Country:Central African Republic
Language:English (Spanish)
Genre:Art
Published (Last):4 May 2015
Pages:435
PDF File Size:8.30 Mb
ePub File Size:8.26 Mb
ISBN:940-3-74118-247-6
Downloads:90857
Price:Free* [*Free Regsitration Required]
Uploader:Mejar



Jeevan Saral Plan is a popular insurance plan with some special features which makes it one of the most flexible conventional insurance plan from LIC of India. As the plan was withdrawn from the sale, you cannot purchase it anymore. But all the policyholders who have purchased it before the withdrawal date will continue to enjoy the benefits of the policy. Payment options Read complete details of Jeevan Saral Plan. Complete or Partial surrender of the plan can be done any time after the completion of 3 years, provided, premiums have been paid for at least three full years.

Auto cover shall be available for a period of 12 months if the policy has been in force for 3 or more full years. Auto cover will not be available for rider benefits Term Rider and Accident benefit rider available based on certain conditions and restrictions. For terms up to 18 years declared loyalty addtion rates are used.

Please note that the rates calculated using extrapolation is not guaranteed and are used just to get an indicative figure. Jeevan Saral — Maturity benefit vs age at entry.

One of the biggest difference of the plan compared to other endowment type plans is that the maturity sum assured and age at entry are inversely proportional. As age at entry increased the maturity sum assured comes down. So this plan becomes more attractive to lower age group on an investment angle of view. The chart shown above gives an idea on the relationship between age and maturity sum assured.

ETARD REACTION PDF

LIC Jeevan Saral (Plan No: 165) Maturity Calculator

You can provide parameters such as age, basic monthly premium, riders etc based on your own needs to get all the details of the plan including, insurance coverage surrender value maturity benefit etc. This online calculator can be used in mobile platforms also and do not need any installations. The latest loyalty addition rates are provided in the chart given below. From the above chart, we can see that the loyalty additions rates for the Jeevan Saral has increased in the current valuation compared to the previous valuation. Extrapolation to predict future loyalty rates LIC has so far declared the loyalty additions rates for Jeevan Saral plan up to 18 year term only. But if we closely observe the declared rates we can see that it is following a linear pattern. I have extrapolated the declared values to get the future loyalty addition rates.

CELULAS PLURIPOTENTES INDUCIDAS PDF

LIC Jeevan Saral Chart Plan 165

Hence it is categorized under Special Plans. In this plan, the premium amount is decided by the policyholder and he gets times the monthly premium as Sum Assured. The Maturity Sum Assured depends on different entry ages and policy term and is specified at the beginning of the policy. Thus, the Death Benefit would be the same irrespective of age of entry and policy term since it depends only on chosen premium amount but the Maturity Benefit would differ according to varied age of entry and policy term. This plan provides certain flexibilities unlike other endowment plans and hence is a Special Plan The policyholder can choose his own premium amount and Sum Assured gets determined thereafter The plan will allow partial surrender from 4th year onwards subject to certain terms and conditions The policyholder is allowed to choose a flexible term for premium payment Key Features of LIC Jeevan Saral Plan Premium is chosen by the policyholder and Sum Assured is times the Monthly Premium amount.

BATNA ZOPA PDF

LIC Jeevan Saral

It is basically an Endowment Assurance plan under which the proposer has simply to choose the amount and mode of premium payment. The plan comes out with the needful financial protection support death throughout the term of the plan. The death benefit is directly related to the premiums paid. The Maturity Sum Assured depends on the age at entry of the life to be assured and is payable on survival to the end of the policy term. It also offers the flexibility of term and a lot of liquidity. The Maturity Sum Assured depends on different entry ages and policy term and is specified at the beginning of the policy. Thus, the Death Benefit would be the same irrespective of the age of entry and policy term since it depends only on the chosen premium amount but the Maturity Benefit would differ according to the varied age of entry and policy term.

CS2201 DATA STRUCTURES LECTURE NOTES PDF

LIC Jeevan Saral (Plan 165) – Details, Calculators, Review and Illustrations

.

Related Articles