LIC’s JEEVAN NISCHAY TABLE NO. 199
Introduction:
LIC’s JEEVAN NISCHAY TABLE NO. 199 (UIN : 512N258V01)
LIC�s Jeevan Nischay is a Single Premium closed ended plan designed exclusively for our valuable policyholders like you who have at least one in force risk bearing policy with us accepted at our standard rate. You may choose the premium amount you wish to pay and the sum payable on maturity (Maturity Sum Assured) will depend on the premium amount, your age and the term selected.
1. ELIGIBILITY CONDITIONS
Minimum age at entry 18 years (completed)
Maximum age at entry 50 years (nearest birthday)
Policy term 5, 7 and 10 years
Minimum Single Premium Rs. 10,000/-
Maximum Single Premium Rs. 10,00,000/-
(Premium shall be in multiples of Rs.1,000/-) Maximum Basic Sum Assured (First Year Death Benefit) : Lower of- Rs. 50,00,000, and 50% of total Sum Assured (total death benefit) under all existing in force policies
2. INCENTIVE FOR HIGH PREMIUM PAID
If your premium amount is Rs. 25,000 or more, you will receive higher maturity sum assured due to available incentive.
3. LOAN
You can avail loan under this plan after completion of one policy year.
4. SURRENDER VALUE:
You may surrender the policy after it has run for at least one year. The Guaranteed Surrendered Value will be equal to 90% of the Single premium paid excluding the extra premium, if any. Corporation may however pay Special Surrender value as applicable on the date of surrender provided the same is higher than the guaranteed surrender value.
5. EXCLUSIONS:
Suicide: This policy shall be void if the Life Assured commits suicide (whether sane or insane at that time) at any time within one year from the date of commencement of risk and the Corporation will not entertain any other claim by virtue of this policy except to the extent of a maximum of (i) 90% of the Single Premium paid excluding any extra premium paid, or (ii) third party�s bonafide beneficial interest acquired in the policy for valuable consideration (but limited to the death benefit available under this policy) of which notice has been given in writing to the branch where this policy is being presently serviced (where the policy records are kept) at least one calendar month prior to death.
6. COOLING OFF PERIOD:
If you are not satisfied with the �Terms and Conditions� of the policy, you may return the policy to us within 15 days.
Be a Successful Investor
Be a Successful Investor ...
“Wall Street people learn nothing and forget everything”
This comment by Benjamin Graham pretty much sums up how most of us are. Most of us are generally stuck with our own ideas and philosophy… having little hunger to understand, absorb and practice new things. Most of us further believe that their way of investing is the smartest and the best in the street. But the reality may be different to what we may believe. This article focuses on how we should look at investing … and the philosophy that should ideally be followed.
The successful investor is one who:
_ Does the needed Planning
_ Makes investments Systematically
_ Has Diversified his investments
_ Does regular Reviews of his investments
_ Does not look to time markets…Long Term Investing
_ Doesn’t carry too much Debt
_ Has Taxes in mind while investing (and spending!)
Santosh
9986184653
rsantoshrathod@gmail.com
“Wall Street people learn nothing and forget everything”
This comment by Benjamin Graham pretty much sums up how most of us are. Most of us are generally stuck with our own ideas and philosophy… having little hunger to understand, absorb and practice new things. Most of us further believe that their way of investing is the smartest and the best in the street. But the reality may be different to what we may believe. This article focuses on how we should look at investing … and the philosophy that should ideally be followed.
The successful investor is one who:
_ Does the needed Planning
_ Makes investments Systematically
_ Has Diversified his investments
_ Does regular Reviews of his investments
_ Does not look to time markets…Long Term Investing
_ Doesn’t carry too much Debt
_ Has Taxes in mind while investing (and spending!)
Santosh
9986184653
rsantoshrathod@gmail.com
Pick UR Advisor for Financial Goals, Protection. Savings. Savings - Children Plan, Investment, Retirement
Pick UR Advisor
When it comes to planning for your financial goals, you need an advisor whom you can trust the most and who can talk your language! We bring to you a unique and personalized service which helps you pick a qualified and experienced financial advisor who can talk in your free time at your convenience.
Simply fill up the form below to get started!
Name:
Gender:
Marital Status:
Date of Birth:
Insurance Need: 1. Protection 2. Savings 3. Savings - Children Plan
4. Investment 5. Retirement
City:
Mobile Number:
E-mail:
R. Santosh Rathod
9986184653
rsantoshrathod@gmail.com
When it comes to planning for your financial goals, you need an advisor whom you can trust the most and who can talk your language! We bring to you a unique and personalized service which helps you pick a qualified and experienced financial advisor who can talk in your free time at your convenience.
Simply fill up the form below to get started!
Name:
Gender:
Marital Status:
Date of Birth:
Insurance Need: 1. Protection 2. Savings 3. Savings - Children Plan
4. Investment 5. Retirement
City:
Mobile Number:
E-mail:
R. Santosh Rathod
9986184653
rsantoshrathod@gmail.com
LIC’s JEEVAN NISCHAY TABLE NO. 199 9986184653 rsantoshrathod@gmail.com
Introduction:LIC’s JEEVAN NISCHAY TABLE NO. 199
LIC's Jeevan Nischay is a single premium closed ended plan designed exclusively for our valuable policyholders like you who have at least one in force risk bearing policy with us accepted at our standard rate. You may choose the premium amount you wish to pay and the sum payable on maturity (Maturity Sum Assured) will depend on the premium amount, your age and the term selected.
1. ELIGIBILITY CONDITIONS
Minimum age at entry: 18 years (completed)
Maximum age at entry: 50 years (nearest birthday)
Policy term: 5, 7 and 10 years
Minimum Single Premium: Rs. 10,000/-
Maximum Single Premium: Rs. 10,00,000/-
(Premium shall be in multiples of Rs.1,000/-) Maximum Basic Sum Assured (First Year Death Benefit) : Lower of- Rs. 50,00,000, and 50% of total Sum Assured (total death benefit) under all existing in force policies
2. INCENTIVE FOR HIGH PREMIUM PAID
If your premium amount is Rs. 25,000 or more, you will receive higher maturity sum assured due to available incentive.
3. LOAN
You can avail loan under this plan after completion of one policy year.
4. SURRENDER VALUE:
You may surrender the policy after it has run for at least one year. The Guaranteed Surrendered Value will be equal to 90% of the Single premium paid excluding the extra premium, if any. Corporation may however pay Special Surrender value as applicable on the date of surrender provided the same is higher than the guaranteed surrender value.
5. EXCLUSIONS:
Suicide: This policy shall be void if the Life Assured commits suicide (whether sane or insane at that time) at any time within one year from the date of commencement of risk and the Corporation will not entertain any other claim by virtue of this policy except to the extent of a maximum of (i) 90% of the Single Premium paid excluding any extra premium paid, or (ii) third party�s bonafide beneficial interest acquired in the policy for valuable consideration (but limited to the death benefit available under this policy) of which notice has been given in writing to the branch where this policy is being presently serviced (where the policy records are kept) at least one calendar month prior to death.
6. COOLING OFF PERIOD:
If you are not satisfied with the �Terms and Conditions� of the policy, you may return the policy to us within 15 days.
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