LIC's Jeevan Saral

What Does LIC's Jeevan Saral Offer you ?

1. Guaranteed Maturity Sum Assured + Loyalty Addition, if any,should you survive the policy term you have chosen,
2. 250 times your monthly rated premium + All the premium you have paid excluding first year premium + Loyalty Addition, if any to your nominee in case you do not survive the policy term chosen,
3. Facility For Partial Surrender of the Policy after it is in force for atleast 3 years,
   
4. Loan facility against Surrender Value without sacrificing any of the benefits assured by the plan,
   
5. Face value of the policy but not exceeding Rs 50 Lakhs in case death is by accident before completion of the policy against a little extra,
6. Total and Permanent Disability Benefit due to Accident before completion of the policy against a little extra and
   
7. Term Insurance Rider against a little extra.
   

Why Should You Invest On LIC's Jeevan Saral?

1. Premium payable remains same for all ages at entry from 12-60 years. It is because this is the only plan where you choose the premium you want to pay and not the insurance company.
2. This is the only plan where life insurance coverage remains same at 250 times the monthly rated premium irrespective of the age at entry. In all other plans, life insurance coverage depends on the premium payable and age at entry.
3. This is the only plan which offers you partial surrender. In all other plans, either you continue the policy for the full sum or surrender wholly. With this facility, you ensure continuance of life insurance coverage (of course for reduced amount) + liquid funds should there be any need for the same.
   
4. This is the only plan that offers a minimum maturity sum. In all other plans, except basic sum insured nothing is guaranteed.
5. This is the only plan, where there is almost `nil' capital erosion. In your absence during currency of the policy, entire premium you have paid excluding the first year & extra if any, is returnible to your nominee along with death claim, whereas, on surviving the policy term you have chosen, in addition to guaranteed maturity sum, you will receive a highly impressive loyalty addition.
6. Premium paid enjoys I.T exemption upto Rs 1 Lakh per annum under section 80 C of the I.T Act along with certain other investments provided under the same section, whereas claim/surrender values as and when received enjoys I.T exemption under section 10(10D).
   

These are some of the most valid reasons why you should invest on LIC's Jeevan Saral as much as you can.

How Long You need to Invest On LIC's Jeevan Saral ?

• 10 to 35 Years
  

What are the Modes of Investment Under Jeevan Saral?

• Yearly, Half-yearly or Quarterly or Monthly.

Want to know more about LIC's Jeevan Saral 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.
  
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Looking For Long Relationship,

K.Nagesh