Wednesday, December 15, 2010

LIC's Bima Bachat

What does LIC's Bima Bachat Offer you ?
  • Premium paid in full without any deduction whatsoever + Bonus in the form of Loyalty Addition on surviving the policy term chosen.,
  • Survival Benefit @ 15% each of the sum insured at the end of 3 and 6 years in case 9-Year Plan,
  • Survival Benefit @ 15% each of the sum insured at the end of 3, 6 and 9 years in case 12-Year Plan,
  • Survival Benefit @ 15% each of the sum insured at the end of 3,6,9 and 12 years in case 15-Year Plan,
  • Sum insured in full in case you do not survive the policy term you have chosen,
  • Loan facility against Surrender Value after 1 year from the commencement at 9.00% per annum simple interest without effecting any of the policy privileges and
  • Policy surrender facility after 1 year from commencement for attractive cash value.
Why Should You Invest On LIC's Bima Bachat?
  1. There is no capital erosion under the plan since entire premium paid will be returned without any deduction whatsoever, on surviving the policy term chosen.
  2. Life Insurance coverage is for the full sum insured even after drawing the survival benefits.
  3. Lot of flexibility under the plan. Just after 1 year from commencement also, you can encash the policy for an attractive surrender value even after allowing for a small deduction.
  4. Loan facility available under the plan is an additional attraction.
  5. Survival benefits available under the plan offer you better investment facilities.
  6. Last but not least, you need not undergo any medical examination for getting the coverage under this plan, whatever be sum you want to cover.
These are some of the prominent reasons why you should invest on LIC's Bima Bachat as much as you can.

How Long You need to Invest On
LIC's Bima Bachat ?
  • 9 or 12 or 15 years .
What are the Modes of Investment available under LIC's Bima Bachat ?
  • Just one time at the commencement at substantially discounted rate.
Want to know more about LIC's Bima Bachat or want to invest on the plan ?
  • `MESSAGE BOOK' shown below the blog title can be used for sending your message. Your telephone no (Land/Mobile) would help in fast communication.
  • You can use any of the contact details shown in my profile for communication.
  • Finally, we can chat online also

Looking for long relationship,

K.Nagesh







1 comment:

  1. Lic Bima Bachat is a nice plan. One can avail loan facility on the premium paid. Thanks for the info.

    ReplyDelete