LIC Jeevan Saral Monthly Recurring Scheme ATM Plan

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LIC’s New Jeevan Saral Monthly Recurring Scheme Jeevan Saral ATM Plan Table No 165. Jeevan saral policy by Lic of IndiaMonthly Recurring Life Insurance which is also called ATM plan. Jeevan Saral has won a Golden Peacock award. Jeevan saral is a Plan by Lic of India where you get 250 times monthly premium + total premium paid + LA if any in case of death and on maturity you get a lumpsum amount which is 100% tax free.

Limits Term Age Sum Assured

Minimum 10 12 62500

Maximum 35 60 No Limit

Premium Ceasing Age : 70 Premium Ceasing Term : 0

Table no 165 Plan Highlights

Cheapest LIC’s New Jeevan Saral Monthly Recurring Type Saving Schemes/ Plan Life Insurance is a unique plan having good features of the conventional plans and the flexibility of unit linked plans. To the policyholder it provides -

Higher Cover,

smooth returns,

liquidity and

a lot of flexibility Savings

BENEFITS:

On Death:

250 times the monthly premium, plus

return of premiums excluding extra/rider premium and first year premium, plus the loyalty addition, if any. ATM Facility avail.

On Maturity:

Maturity sum assured, plus

The Loyalty Additions, if any

SPECIAL FEATURES:

High risk covers at low premium

Extended risk cover for one year after 3 years premium payment.

Optional higher cover through Term Riders

The policyholder can choose a maximum term but can surrender at any time without any

surrender penalty or loss after 5 years

Any number of withdrawals through partial surrendering

OTHER ELIGIBILITY CONDITIONS:

Premium : Minimum premium of Rs.250/- per month for entry age upto 49 years. and Rs.400/- per month for entry age 50 years and above.

No Limit for the maximum premium per month.

Mode : Yearly, Half-yearly, Quarterly and Monthly under Salary Saving Scheme

In case of term rider, minimum and maximum age at entry will be 18 and 50 years respectively.

Further minimum sum assured will be Rs.1 lakh. Flexibility to increase/ decrease premium & withdraw money according to your needs. Save Tax upto Rs.33390.The Best and Most Popular and most sellable Product/ Policy of LIC is Jeevan Saral.

You will make Comparision Betweem Post Rd Acoount V/s LIC Jeevan Saral.

  • To View Examples/ Illustrations on Jeevan Saral Click here
  • Download ECS Form for your Jeevan Saral Click here

Contact us for free Examples quotes review/ Charts/ calculations/ Plan Presentations etc on LIC’s New Jeevan Saral Monthly Recurring Type Schemes ATM Plan Life Insurance policy. Our LIC of India Authorised Agent/ Insurance Advisor/Consultant will Contact you within 24 hrs. Learn here how to earn maximum return on your investment. Systematic Withdrwal and Systematic Investment means SIP and SWP both the benefits are available in LIC Jeevan Saral Plan Brochure.

Comments

SHARMA says:

LOYALTY ADDITION IS NOT GUARANTEED BY L I C. AGENTS ARE GIVING ASSUMPTION OF 10% P.A. AT THE TIME OF MONEY PLUS PLAN SAME FUNDA PUBLISHED BY AGENTS AND OFFICERS OF LIC FOR THEIR OWN INCENTIVES.
NOW MONEY PLUS IS GOING IN MINUS.AGENTS AND OFFICERS EARNED HUGE COMMISSION AND INVESTORS ARE LOOSING THEIR HARD EARN MONEY.
DON’T TRUST JEEVAN SARAL AS GOOD INVESTMENT.
ALL INSURANCES ARE GIVING ONLY 3to5% return. NOT MORE THAN THAT.GO FOR LONG TERM RECURRING IN BANKS.

[Reply]

RAMESH says:

Mr Sharma. Where are you from? I want to talk to you my email id:- rjbhanushali@gmail.com

Harish Kapoor says:

I Agree

SATISH says:

ALL ULIP POLICES NOW A DAYS LOOSING MONEY.
INVESTORS ARE LOOSING THEIR INVESTMENT AMT.
BUT INSURANCE COS. EARNING HUGE FIX INCOME BY IMPOSING VARIOUS CHARGES.
L I C ULIP POLICIES ARE NOT PROTECTED BY GOVT.
L I C BONUS RATES GOING DOWN, WHILE BANK INTEREST RATES ARE GOING UP.ASK YOUR AGENT ABOUT
BONUS RATE CHART. IN MARKET SOME AGENTS SAYING OLD HIGH BONUS RATES.
FEAR OF DEATH= DON’T INVEST IN INSURANCE POLICIES,
GO FOR TERM INSURANCE.

[Reply]

RAMESH says:

Mr. Satish LIC policy are protected by GOVt of India. A Earing person should have an Insurance and even if u by term Insurance that is also fine.

santosh jadhav says:

LIC IS BEST THAN OTHER CO.BECAUSE IT IS INDIAN GOVERMENT CO.AND TRUST IS THE BEST FOR INVESTMENT SO YOU CAN INVEST IN LIC AAKH BANDH KARKE

shweta shivchhand says:

Don,t go in lic for investment. they olny give 3 to 4 % interest on our money.NOT MORE THAN THAT.GO FOR LONG TERM RECURRING IN BANKS or mutual fund sip .for insurance cover take a pure term plan of any life insurance company. i fully agree with sharma &satish.my mail id shweta.shivchhand@gmail.com

shweta shivchhand says:

Santosh Jadhav Sir …… i thik u r new in financial market. first study & then talk….

Prabodh says:

LIC is no doubt a trusted brand in all insurance companies….but LIC is not for investment…it is for insurance only…i advice in you want insurance and investment both for long term …then for Insurance invest in LIC (Pure Insurance) and for investment go for Mutual Funds Sips or Bank FDs (but Mutual Fund SIPs are best option for long term investment) ..therefore Jeevan Saral or any other insurance product of any company is not at all recommended for investment

Amit says:

All insurance / investment companies are meant for their own business. They are not into market to make ur earning but to eat away your hard earned money.

Life Insurance Industries going boom in next 10 years. Govt leave no option for Investment and pension and salary going high and high everyday so even conman man needs to invest proper amount in Life Insurance due to taxation purpose, Risk Cover purpose against loan and family owe and finally for safe pension in old age

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