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Name:
Gender:
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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.
Enterprises has emerged as frontrunner to acquire American International Group’s (AIG) investment unit
The latest report suggests that the Delhi-based firm may buy the asset management firm
independently.New Delhi : -->
Financial services conglomerate Religare Enterprises has emerged as frontrunner to acquire American International Group’s (AIG) investment unit. Earlier reports indicated that Religare will partner will Australian banking giant Macquarie to buyout AIG Investments.
The latest report suggests that the Delhi-based firm may buy the asset management firm independently according to Financial News. Religare is being advised by Jefferies on the bid.
A spokesperson from Religare declined to comment on this development when contacted by VCCircle.
Franklin Templeton Investments, one of the largest asset managers in the world, was also in the race but pulled out last month. Singapore state investor Temasek Holdings Pte Ltd, Hong Kong tycoon Richard Li's Pacific Century Group, and New York-based private equity firm Crestview Partners LP, were also part of the Franklin consortium.
While Temasek and Pacific Century pulled out with Franklin, Crestview is still reported to be in the race. Last week the PE firm was reported to be close to the deal at a price of $300-400 million.
AIG Investments, which manages funds in excess of $85 billion, is expecting a valuation of $500 million. The latest report says that Religare is willing to spend $500 million to build an international
asset management business. AIG is selling its assets in order to repay the $182.5 billion bailout by the US government.
Last year, Religare acquired London-based broker Hichens Harrison & Co Plc for £56 million. The firm appointed Matthew H Mongia as a Director, Global Asset Management, of Religare Hichens Harrison earlier this year to develop its asset management vertical via new
product launches and strategic acquisitions globally. Mongia has worked with Monsoon Capital and Fidelity Investments.
Religare Enterprises Ltd is the financial services company owned by Malvinder and Shivinder Singh, the promoters of Ranbaxy Pharmaceuticals. The Singhs signed a deal with Japanese pharma company Daiichi Sankyo in June 2008 to sell their 34.8% stake in the company
for Rs 9,576 crore.
Since then, the Singhs have been expanding their financial services and healthcare business.
source
vccircle.com
independently.New Delhi : -->
Financial services conglomerate Religare Enterprises has emerged as frontrunner to acquire American International Group’s (AIG) investment unit. Earlier reports indicated that Religare will partner will Australian banking giant Macquarie to buyout AIG Investments.
The latest report suggests that the Delhi-based firm may buy the asset management firm independently according to Financial News. Religare is being advised by Jefferies on the bid.
A spokesperson from Religare declined to comment on this development when contacted by VCCircle.
Franklin Templeton Investments, one of the largest asset managers in the world, was also in the race but pulled out last month. Singapore state investor Temasek Holdings Pte Ltd, Hong Kong tycoon Richard Li's Pacific Century Group, and New York-based private equity firm Crestview Partners LP, were also part of the Franklin consortium.
While Temasek and Pacific Century pulled out with Franklin, Crestview is still reported to be in the race. Last week the PE firm was reported to be close to the deal at a price of $300-400 million.
AIG Investments, which manages funds in excess of $85 billion, is expecting a valuation of $500 million. The latest report says that Religare is willing to spend $500 million to build an international
asset management business. AIG is selling its assets in order to repay the $182.5 billion bailout by the US government.
Last year, Religare acquired London-based broker Hichens Harrison & Co Plc for £56 million. The firm appointed Matthew H Mongia as a Director, Global Asset Management, of Religare Hichens Harrison earlier this year to develop its asset management vertical via new
product launches and strategic acquisitions globally. Mongia has worked with Monsoon Capital and Fidelity Investments.
Religare Enterprises Ltd is the financial services company owned by Malvinder and Shivinder Singh, the promoters of Ranbaxy Pharmaceuticals. The Singhs signed a deal with Japanese pharma company Daiichi Sankyo in June 2008 to sell their 34.8% stake in the company
for Rs 9,576 crore.
Since then, the Singhs have been expanding their financial services and healthcare business.
source
vccircle.com
One can consider investing in the Religare PSU Equity Fund
Religare Mutual Fund has come out with a New Fund Offer named Religare PSU Equity fund.
Religare AMC post its acquisition of Lotus AMC in Dec 2009, has seen its AUM grow 4 fold to Rs. 14,700 crores, over a 10 month period.
Fund Facts :
The fund seeks to invest in Companies where the Central / State Government(s) has majority shareholding or management control or has powers to appoint majority of directors.
Fund Manager Mr. Pradeep Kumar
Benchmark BSE PSU Index
The fund will invest 65 per cent of its assets in companies in the BSE PSU index and the remaining 35 per cent in other PSU companies. The fund will also participate in forthcoming IPOs of Government companies. In addition, the Fund mandate has been carefully thought through and provides the flexibility to hold up to 20% of the companies even after the Government exits or becomes a minority shareholder, past examples being Hindustan Zinc and Maruti.
The fund will adopt a bottom up & top down approach to create a diversified portfolio of stocks. The fund will have no capitalization bias and will be style neutral.
Religare PSU Equity New Fund Offer opened on Tuesday September 29th 2009 and will close on October 28 2009.
WHY INVEST :
Valuation wise PSU Companies are available at a discount of approx 25% to Sensex, giving adequate comfort in terms of safety.
Govt's disinvestment programme will be a good booster for PSU companies. The disinvestment will also improve the free float which will in turn improve their weightage in Nifty, forcing Funds across the World with India exposure to increase exposure to PSUs and giving their Stocks a boost.
Lesser Govt intervention is helping manage the PSUs more professionally thus attacting more FII interest.
All these measure are expected to re-rate PSUs on par with Private Companies in terms of PE, if not more thus giving Above Average Gains.
COMMENTS & RECOMMENDATION :
As you would have already guessed, my recommendation is INVEST. Most PSUs are BIG companies and are Leaders in their industries, in fact, many are virtual Monopolies. Thus this Fund will be like a Large Cap Fund. This Fund will is recommended for Long Term Investors.
In the Last Year's Big Bear Crash, PSUs were the Least Affected thus giving a sort of comfort to investors. This Fund being a Proxy to PSUs and a proxy to the India Growth Story and thus, should make it to every Investor's Portfolio.
Religare Mutual Fund has come out with a New Fund Offer named Religare PSU Equity fund.
Religare AMC post its acquisition of Lotus AMC in Dec 2009, has seen its AUM grow 4 fold to Rs. 14,700 crores, over a 10 month period.
Fund Facts :
The fund seeks to invest in Companies where the Central / State Government(s) has majority shareholding or management control or has powers to appoint majority of directors.
Fund Manager Mr. Pradeep Kumar
Benchmark BSE PSU Index
The fund will invest 65 per cent of its assets in companies in the BSE PSU index and the remaining 35 per cent in other PSU companies. The fund will also participate in forthcoming IPOs of Government companies. In addition, the Fund mandate has been carefully thought through and provides the flexibility to hold up to 20% of the companies even after the Government exits or becomes a minority shareholder, past examples being Hindustan Zinc and Maruti.
The fund will adopt a bottom up & top down approach to create a diversified portfolio of stocks. The fund will have no capitalization bias and will be style neutral.
Religare PSU Equity New Fund Offer opened on Tuesday September 29th 2009 and will close on October 28 2009.
WHY INVEST :
Valuation wise PSU Companies are available at a discount of approx 25% to Sensex, giving adequate comfort in terms of safety.
Govt's disinvestment programme will be a good booster for PSU companies. The disinvestment will also improve the free float which will in turn improve their weightage in Nifty, forcing Funds across the World with India exposure to increase exposure to PSUs and giving their Stocks a boost.
Lesser Govt intervention is helping manage the PSUs more professionally thus attacting more FII interest.
All these measure are expected to re-rate PSUs on par with Private Companies in terms of PE, if not more thus giving Above Average Gains.
COMMENTS & RECOMMENDATION :
As you would have already guessed, my recommendation is INVEST. Most PSUs are BIG companies and are Leaders in their industries, in fact, many are virtual Monopolies. Thus this Fund will be like a Large Cap Fund. This Fund will is recommended for Long Term Investors.
In the Last Year's Big Bear Crash, PSUs were the Least Affected thus giving a sort of comfort to investors. This Fund being a Proxy to PSUs and a proxy to the India Growth Story and thus, should make it to every Investor's Portfolio.
BSE PSU Index has delivered 20% CAGR in the last 10 years and has outperformed the Sensex by 8%.
SPECIAL TIP :
Invest in small lump-sums instead of SIPs if you can track the sector and are prepared to book profits occasionally.
Best of luck,
Santosh Rathod
Jeevan kishore lic children policy
Jeevan kishore
Example: Mr. Ram aged 35 years takes a Jeevan kishore policy for his 3 years old son master Rinku for S.A. 2 lac to be matured at the age of 22 of his son.
He also opts for premium waiver benefit.Life risk will commenced from the policy anniversary after completion of 7 yrs. Of Rinku’s age.
On maturity master Rinku will get Rs.3,89,000+FAB , if any (2 lac S.A. +Bonus as per bonus rates of 2005 i.e. Rs.45 per 1000 .S.A. per annum 45 x 200 x 21 = 1,89,000 + FAB if any).In case of master sunny dies at the age of 12 after commencement of risk cover, then the nominee will get 2,81,000 (2 lac S.A. + Bonus i.e. 45 x 200 x 9 = 81,000).On attaining the age of 18 master Rinku’s has the option to opt for accident benefit by paying Re. 1 extra per thousand S.A
9986184653
Example: Mr. Ram aged 35 years takes a Jeevan kishore policy for his 3 years old son master Rinku for S.A. 2 lac to be matured at the age of 22 of his son.
He also opts for premium waiver benefit.Life risk will commenced from the policy anniversary after completion of 7 yrs. Of Rinku’s age.
On maturity master Rinku will get Rs.3,89,000+FAB , if any (2 lac S.A. +Bonus as per bonus rates of 2005 i.e. Rs.45 per 1000 .S.A. per annum 45 x 200 x 21 = 1,89,000 + FAB if any).In case of master sunny dies at the age of 12 after commencement of risk cover, then the nominee will get 2,81,000 (2 lac S.A. + Bonus i.e. 45 x 200 x 9 = 81,000).On attaining the age of 18 master Rinku’s has the option to opt for accident benefit by paying Re. 1 extra per thousand S.A
9986184653
Jeevan Anuurag plan a Children Plan
Jeevan Anuurag plan a Children Plan
Example: Mr. Ganesh Rao aged 35 years opted for Jeevan Anuurag plan, S.A 2 Lac, for a term of 15 years.
He pays an annual premium of Rs.15,323/(only 40 rupees per day)- if the policy is in full force,
Mr. Ganesh Rao Will get 20% of S.A i.e. Rs.40,000/- at the start of 31th, 14th & 15th policy year and the balance 40% of S.A i.e. Rs.80,000 will be given at the end of 15th year along with reversionary bonuses declared from time to time for the full term, plus terminal bonus, if any shall be payable.
in case Mr. Ganesh Rao dies during 10th year his nominee will receive Rs.2 lac. No premiums are payable thereafter Moreover the nominee will get Rs.40,000/- at the start of 31th, 14th & 15th policy year and on maturity Rs.80,000 + Reversionary Bonus + terminal bonus, if any.
call 9986184653, Santosh
New Bima Gold get 20,000 at every 4 years
New Bima Gold (T. No.179)
Example: Mr. John, aged 30 years opts for New Bima Gold (T. No.179) for 2 Lakh S.A, paying an annual premium of Rs.7363/- for 20 years period.
He receives Rs.20,000 each at the end of 4,8,12 and 16 years.
On maturity the net amount payable will be total premium paid _ paid up survival benefit + loyalty addition, if any
i.e. 7363 x 20 - 20,000 x 4 = 1,47,260 + loyalty addition,
if any, he will also enjoy the extended term of 10 years
i.e. the term will be 20+10 = 30 years.
But if Mr. John dies after 12 years, his nominee will receive Rs.2lac without deducting the survival benefit paid to Mr. John
Example: Mr. John, aged 30 years opts for New Bima Gold (T. No.179) for 2 Lakh S.A, paying an annual premium of Rs.7363/- for 20 years period.
He receives Rs.20,000 each at the end of 4,8,12 and 16 years.
On maturity the net amount payable will be total premium paid _ paid up survival benefit + loyalty addition, if any
i.e. 7363 x 20 - 20,000 x 4 = 1,47,260 + loyalty addition,
if any, he will also enjoy the extended term of 10 years
i.e. the term will be 20+10 = 30 years.
But if Mr. John dies after 12 years, his nominee will receive Rs.2lac without deducting the survival benefit paid to Mr. John
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