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Insurance Plans LIC

Insurance Plans LIC

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Published by Vishal

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Published by: Vishal on Oct 25, 2010
Copyright:Attribution Non-commercial

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05/06/2013

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INSURANCE ASSIGNMENT
Presented by: Arun T K(P09020241002) Aby Johnson(09020241004Kamil Hassan(09020241013) Samarth Gupta(09020241026) Vishal Singla(09020241048) 
 
Term Assurance
TermAssurance2 YeartemporaryassuranceConvertibletermassuranceAnmolJeevan-IAmulyaJeevan-I
 
Term Assurance products
Parameters2 year temporaryassuranceConvertible termassuranceAnmolJeevan-IAmulyaJeevan-I
Entry age18-60 years20-50 years18-55 years18-60 yearsSum assured (Rs.)50000-1 lakh50000-1 lakh5 lakhto 25lakh25 lakhstounlimitedTerm6,12,18,24months5-7years5-25 years5-35 yearsDeath benefitTotal sumassuredIn event of deathbefore expire of termBenefit onmaturitySumassuredpayable on deathduring the termKeyfeatureTocover againstrisk for a shortperiod of twoyearsOption to convertintoendowment/wholelife assurancePolicyvalidduring graceperiod forpremium pmtNo loan,surrendervalueavailabe.15 daycooling off periodPaymentSingle premiumto be paid tocover entire termYearly, Half-yearly,Quarterly,Monthly, SalarySaving Scheme
Yearly, Half-Yearly and Singlepremium
Yearly, Half-yearlyor by SinglePremium mode

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