Friday, May 3, 2013

Lic Insurance Plans For Kids

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UCM Recommended Investment plans: 1. LIC BEEMA BACHAT 2. LIC JEEVAN SARAL 3.

What is LIC's Jeevan Saral Policy.MOV










Jeevan Saral is a special plan from the house of LIC with tax benefits.

A unique plan providing higher cover, a smooth return, liquidity and a lot of flexibility.

In this plan you can pay any amount starting from Rs. 250/- per month
The main benefits of this plan is that you will get insurance cover of 250 times your monthly premium & double accidental cover
The plan comes with smooth returns & high risk cover

You can save on tax by in this plan & get rebate U/s 80 c
The minimum term is 10 years
The age range is from 12 to 60 years
Loan under this plan is available 3 years

The Plan is ideally suited to those who may need money for life contingencies, education of children, salaried persons as there is a facility of auto cover in case premium due remains unpaid for 1 year, after 3 years premiums have been paid. Auto cover will continue for a period of 1 year.

In case of the death of the insured person 250 times monthly premium will be paid + all premiums paid less first premium +loyalty additions will be paid.

Looking at the benefits GEPL recommends you to invest in this plan


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