LIC Jeevan Saathi Plus ULIP Insurance Plan New Launching

LIC's Jeevan Saathi Plus (Plan 197): This is a unit linked Joint Life plan wherein a couple can take insurance cover on their lives under a single policy. The proposer under this plan shall be called Principal Life Assured (P.L.A.) and the other life (wife/husband) shall be called Spouse Life Assured (S.L.A.).

Benefits:

· Custom Individual Risk Cover: Option to choose separate amount of risk cover for your self & your spouse

· Combined Risk Cover up to 30 times of the annualized premium can be opted.

· Premium payment modes: Single, Yearly, Half yearly, Quarterly or Monthly (ECS).

· Top-up premium option available.

· Choose your investment risk by investing in any of the 4 funds - BOND, SECURED, BALANCED or GROWTH

· 4 FREE fund switches in a year & there after with nominal charges.

· Liquidity: Partial Withdrawal option available.

· Premium Waiver Benefit: In event of Proposer's (PLA) death, future premiums are waived & an amount equal to all future premiums is added to fund.

· Auto Cover option available after 3 years

· Settlement option: Maturity benefit can be taken in lump sum or in installments (Half-yearly or Yearly). Read more. Ask our Agnet for your Calculation, Charts, Reviews Or Todays Latest NAV of LIC"s Eevan Saathi Plus

For more detai visit Avdhoot Investment

Lic’s Monthly Recurring scheme Jeevan Saral

Just pay Rs. 250/- Monthly in Jeevan Saral Scheme & get 50000 Risk Coverage with it. Lot’s of flexibility like Reducing Premium, High Risk Cover, Partial Withdrwal etc Facility avail under this plan. ECS is compulsory in this scheme contact on 9825472919 for more story on JEEVAN SARAL HERE.

Can I apply for a Health insurance policy when I am already diagnosed with some disease or ailment?

Yes, you can apply for a Health Insurance policy. But the policy will be issued excluding the diagnosed disease and other diseases pre-existing at the time of inception of the cover.

Why is it important to disclose health details when I buy a policy?

You must disclose every detail about any disease or illness you have or any treatment you are undergoing while taking the policy. An insurance contract works on the principal of “utmost good faith”, so not disclosing your health details will not be correct. Furthermore, non-disclosure can also lead to rejection of your claim.

How is premium determined in Health Insurance?

Premium depends on several factors: • Your age: Age is the most important factor for determining the premium since health risk increases with age and premium as well. • Amount of coverage required. • Number of family members covered. • Your income \ earning. • Other additional benefits.

Why do I need Health Insurance?

Illness is unforeseen, and cannot be predicted so Health Insurance comes to your rescue and finances your medical expenses. Moreover the Healthcare expenditure in our country is expensive which, vast majority of people can’t afford, and So Health Insurance is a tool to finance your sudden healthcare expenses. For more Click here

What is Health Insurance?

Health Insurance is an insurance policy which covers you and your family against any medical contingency. In short Health Insurance is a protection against medical costs. It is a contract between an insurer and an individual /group in which the insurer agrees to provide specified health insurance cover at a particular premium. The health insurer usually provides either direct payment or reimburses the expenses associated with illnesses and injuries.

Jeevan Anmol LIC plan Features

Jeevan Anmol Life Insurance by LIC is a best policy for higher class this kind of term insurance policy never get returns but can make high risk cover & Tax benefits only Minimu sum Assure is 5 Lakhs. Give your Feedback here or Contact us for free quotes

Children Insurance needs? LIC Komal Jeevan

Children Insurance: LIC's Children Insurance is the best option for your child future, Child Career & Study Abroad This plan can be purchased by any of the parent or grand parent for a child aged 0 to 10 years. The best option is LIC's Komal Jeevan Money Back Insurance Policy. Contact us for free quotes.

Insurance Plans by LIC

Insurance Plan LIC: As individuals it is inherent to differ. Each individuals insurance needs and requirements are different from that of the others. LIC's Insurance Plans are policies that talk to you individually and give you the most suitable options that can fit your requirement. Match your requirement at choose your appropriate Policy.

Life insurance firms hit speed breaker

Growth is set to drop to 40-60% this year from 75%
KOLKATA: Private life insurers players are expected to grow their new business premium by 40-60% in the current financial year, down from a 75% growth registered in the previous year.

The slump in equity markets since January (the Sensex has fallen 27% from its peak on January 8, 2008) has dented the popularity of unit linked investment plans (Ulips), which form the chunk of life insurance policies sold in India.

Punit Srivastava and Sumit Agarwal of Enam India Research said in a recent report: “There are some key risks as most policies are unit linked with high equity component. Sustained bearishness in capital markets can further reduce persistency ratios, thereby putting pressure on profitability. We estimate private players to grow at a lower 27% over the next couple of years vs~100% for the past 5 years”.

A Motilal Oswal Research report also has a cautious take on the life insurance sector. “We estimate 35-45% growth in annualised premium over the next two years for large and medium private players, lower than half of their historical growth rates”, the report said.