NEW BIMA GOLD LIC POLICY:-
Features of plan It has been decided to introduce LIC,S new bima gold (plan no. 179) with effect from 4th September, 2006. it is a plan where premiums paid over the term of plan are paid back during the policy term in instalments at specified duration in case of survival of life assured and life insurance cover is a available not only during the term but also during the extended term of the plan.
This is a public policy.
Plan parameters Age at entry: Min. 14 yrs (comp) max. 57 yrs (NBD) for term 12 yrs max.51 yrs (NBD) for term 16 yrs. Max 45 yrs (NBD) for term 20 yrs
Age at expiry of
Extended term: max. 75 yrs. (NBD)
Sum assured: min. 50,000 max. no. limit
S.A in multiples: 5000
Term: 12, 16, 20 years.
Mode of payment: YLY/HLY/ QLY/ SSS/ MLY
Accident benefit: Re. 1 extra per
(Max. 50Lacs inclusive all plan)
Policy loan: yes
Housing loan: yes
Assignment: yes
Revival: yes
Surrender of policy: yes
Term rider: N.A.
CIR: N.A
Benefits:
Death benefit: during the policy term: payment of amount equal to sum assured under the basic plan on death of the life assured during the policy term
Survival benefit: in case the life assured is surviving to the end of the specified durations, the following benefit shall be payable:
For policy term 12 years: 15% of the sum assured under basic plan at the end of each 4th policy year.
For policy term 16 tears: 15% of the sum assured under basic plan at the end of each 4th, 8th 12th policy year.
Contact for insurance:- Sanjay Tomer
09466423767
Features of plan It has been decided to introduce LIC,S new bima gold (plan no. 179) with effect from 4th September, 2006. it is a plan where premiums paid over the term of plan are paid back during the policy term in instalments at specified duration in case of survival of life assured and life insurance cover is a available not only during the term but also during the extended term of the plan.
This is a public policy.
Plan parameters Age at entry: Min. 14 yrs (comp) max. 57 yrs (NBD) for term 12 yrs max.51 yrs (NBD) for term 16 yrs. Max 45 yrs (NBD) for term 20 yrs
Age at expiry of
Extended term: max. 75 yrs. (NBD)
Sum assured: min. 50,000 max. no. limit
S.A in multiples: 5000
Term: 12, 16, 20 years.
Mode of payment: YLY/HLY/ QLY/ SSS/ MLY
Accident benefit: Re. 1 extra per
(Max. 50Lacs inclusive all plan)
Policy loan: yes
Housing loan: yes
Assignment: yes
Revival: yes
Surrender of policy: yes
Term rider: N.A.
CIR: N.A
Benefits:
Death benefit: during the policy term: payment of amount equal to sum assured under the basic plan on death of the life assured during the policy term
Survival benefit: in case the life assured is surviving to the end of the specified durations, the following benefit shall be payable:
For policy term 12 years: 15% of the sum assured under basic plan at the end of each 4th policy year.
For policy term 16 tears: 15% of the sum assured under basic plan at the end of each 4th, 8th 12th policy year.
Contact for insurance:- Sanjay Tomer
09466423767
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