Jeevan Nischay-LIC's new single premium plan launched
Jeevan Nishchay will be available only to existing policy holders of LIC. The amount an individual can invest will be linked to the extent of protection the individual already has purchased.
LIFE INSURANCE CORPORATION (LIC) of India is all set to roll out its new guaranteed single premium plan - Jeevan Nischay. The new plan Jeevan Nischay will be quite similar to the Jeevan Astha, which was launched last year which brought a lot of confidence in the life insurance market which was very much shaken due to the global financial crisis.
Jeevan Nischay will be availbale only to existing policy holders of LIC. The amount an individual can invest will be linked to the extent of protection the individual already has purchased. If a person with a term insurance of Rs.10 lakh for accidental death can invest a maximum of Rs. 1 lakh. The new policy will be available to only those who are not subject to any additional charges for ill health.
The main objective of the policy will be to tap the maturity benefits offered under an older plan, Bima Gold, which sold more than a crore policies. Jeevan Astha had mobilised around Rs.10,000 crore as it was the ideal choice for guaranteed return during the financial crisis. When Jeevan Astha was launched the interest rates were crashing and now Jeevan Nischay's launch coincides with RBI's exit from the accommodative policy. Jeevan Nischay is more like a single premium bond as the its offers protection which is only fundamental.
Officials of LIC said that in Jeevan Nischay the minimum cover requirement was not really an exclusion as anyone can buy term insurance to the extent of investment that one wished to make.
The Jeevan Nischay plan covers only the mandatory five times of the premium amount for the first year of insurance and for subsequent years the sum insured will be equivalent to the premium paid.
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.please send me the comlete details about simgle premium policies for a person above the age of 50
.please send me the comlete details about simgle premium policies for a person above the age of 50
.i like to invest jeevan nishchay plan 10 years 10 thousand rs. i want to know the returns after 10 years
.i like jeevan nishchay plan. i m intrested to invest 10,000 rs. in this plan for 10 yrs.
but my q. is wts the returns after 10 yrs
.i like jeevan nishchay plan. i m intrested to invest 10,000 rs. in this plan for 10 yrs.
but my q. is wts the returns after 10 yrs
.i like jeevan nishchay plan. i m intrested to invest 10,000 rs. in this plan for 10 yrs.
but my q. is wts the returns after 10 yrs
.i like jeevan nishchay plan. i m intrested to invest 10,000 rs. in this plan for 10 yrs.
but my q. is wts the returns after 10 yrs
.I want to know about the LIC scheme of 2010 (any latest) . where i can invest and i get good benifit. Plz. send as soon as possible
Thanks
.I am writing on behalf of my son who has several policies with SA more than 5 lakhs. We found from your website that absolute return from this policy after 10 years is 1.7 times of the single premium. But an agent who normaly does our job supplied us with a xerox copy of a LIC paper that shows a maturity return of around 1.8 times together with a loyalty bonus of about 0.7 times making a total return of 2.5 times. Please comment urgently as we are interested to invest before the scheme is withdrawn after March 2010.
.Sir,
There is no information about income tax benefit from Jeevan Nishchay in the policy document published by you.
Can you confirm the income tax benefit available from Jeevan Nishchay.
.Ref; existing policy: 813979177 ,I would like to know that my, Daughter is having the above policy , if she take a policy in Jeevan Nischay for Rs -30000-00 did she get full tax exemption for rs 30000-00
pls inform me at ur earliest.
thanks
tp sasidharan(father)
.Ref; existing policy: 813979177 ,I would like to know that my, Daughter is having the above policy , if she take a policy in Jeevan Nischay for Rs -30000-00 did she get full tax exemption for rs 30000-00
pls inform me at ur earliest.
thanks
tp sasidharan(father)
.the terms and condition which was given in your add are not understand by me. an agent told me it is a best policy. and a yearly term also be introduced. if it possible what is the least premium to be paid for the jeevan nis
.Please give details of this plan, show the premium details, after study this plan we will ecide jevan nichay
.Please give details of this plan, show the premium details, after study this plan we will ecide
.please give detail of this plan.after study this plan we will decide.treated as most urgent.
.if we take a joint life policy of 5 lacs rupees so can u told me that how much amtount a single person will invest in this amt 50000 or 01 lac
.sir i planned to invest 10000 rs for term of 5 years and my age is 25 years and any additional amount wil come back
.i want to know what amount will i get after maturity, if i, invested 50,000 for 10 years. igot your annexture, but i dont understand, so please give me details information.
.whether the maturity return is guaranteed as mentioned above or it is based upon market at that time?
.Policy is excelent. Can any one explain about Income Tax liability at the of maturity for this policy ?
.the best available cover in the market with assured returns and risk cover at the same time. whats more, the total maturity proceeds are tax free unlike bank deposits. a must for those having fixed deposits(taxable) in the banks.
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