LICs JEEVAN AROGYA TABLE NO.

903

Major risks faced by the Insuring Public

Risk Protection offered through
Life Insurance plans Pension plans

Risk of dying too early Risk of living too long

Risk of falling ill or Health plans effected by chronic illness

Why health Insurance

90% of Indians does not have any cover under health insurance. Costs of medicines and medical treatment are on rise. Individual savings will be inadequate to meet the health care costs . Life style diseases on rise. Increased Health awareness among public.

Why Agents should sell Health plans

Cross selling is easier than acquiring a new customer in terms of cost, time and effort More and more customers should become life time customers through repeat purchases. Income tax rebate for premium up to Rs.15000/under section 80D. (plan 902).HCB and MSB charges alone are eligible for 80D benefit under plan 901

SOLUTION FOR SELLING

IF YOU HAVE A SOLUTION WHERE

YOU CAN PROVIDE FULL HEALTH

PROTECTION ALONG WITH RETURN OF ENTIRE PREMIUM ON MATURITY

BENEFIT ILLUSTRATION
Plan 903 Age of PI 40 Yrs Age of Spouse 35 Yrs Age of Child 10 Yrs HCB opted @Rs1000 each So premium for the group = Rs5464/ Plan 002 Age of LA 40 Yrs SA 1 Lac Premium Payable for the said plan Rs4326/ Amt payable on maturity =392000 /considering bonus @Rs 73/- per 000s

ANALYSIS
So the premium paid for Jeevan Arogya is Rs 218560/- for term 40 yrs And that of Plan 2 is Rs173040/Total premium paid for the policies is Rs391600/
And maturity value is of Rs392000/-

So grab the opportunity to gain more commission and satisfy the need of your beloved customers.