Jeevan Rekha

LIC Jeevan Rekha Plan Table No 152:

Premium Ceasing Age : 100 Premium Ceasing Term : 0
Plan Highlights
Features
LIC’s Jeevan Rekha is a combination of the Whole Life Plan and the Money Back Plan. The plan offers high bonus, is highly liquid and is savings oriented. Also the premium under the plan is moderate.
This policy not only makes provisions for the family of the life assured in the event of his early death but also assures a lump sum at a desired age. The lump sum can be reinvested to provide an annuity during the remainder of his life or in any other way considered suitable at that time.
Special Features
A policy under this plan can be dated back within the same financial year. There will be no allowance for lean months. The rate of interest applicable will be as for Table 14.
Benefits
Accident Benefit:
Accident Benefit is available up to a maximum of Rs.10 lakh. This is inclusive of the maximum limit of Rs 10 lakh placed under other life insurance plans. Premiums for accident benefit are quoted separately for various ages at entry and premium paying terms.
Survival Benefits:
Ten percent of the basic Sum Assured will be payable to the life assured on survival after every five years from the date of commencement.
A policy under this plan will acquire paid-up value after at least 3 full years’ premiums have been paid. The policy will continue as single premium without profit whole life policy for the sum assured which will be arrived at by applying single premium equal to higher of the guaranteed surrender value and special surrender value as declared by the Corporation from time to time, based on the age nearer birthday at the date of lapse. Existing Bonus additions, if any, will remain attached to the paid-up policy, provided the policy has been in force for at least 5 years.
Death Benefits:
Sum Assured along with vested Bonuses are payable on death of the life assured whenever it occurs, irrespective of survival benefits paid already.
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9 Comments

• 

  By sukdev kumar, December 16, 2009 @ 2:59 am

  send me datle about jeevan rekha plan no 152
• 

  By Pirmohammad somarawala, October 31, 2010 @ 9:01 am

  I have jeevan rekha policy (plane no. 152) since 6year with 15 year of premium paying term.
  i want to ask u that the bonus will be added by lic after 15year upto my death or not.plz send me details.
• 

  By pradeep kumar pandey, December 2, 2010 @ 8:05 pm

  LIC’s Jeevan Rekha Sum Assured 200000 how much money back after 5 years.
• 

  By shiva kumar, December 18, 2010 @ 9:51 pm

  Hi

  I have taken housing loan from canarabank . I would like to take housing loan insurance policy ‘JEEVAN GRIHA RAKSHA’ .

  Pl send me details on the email id

  shiva
• 

  By ridhima anand, December 27, 2010 @ 2:32 pm

  i want to know when i will be start getting my benefits of this policy.My policy no. – 122982706 and date of commencement-28-02-2005.Please let me know. thanking you.
• 

  By admin, January 9, 2011 @ 2:22 pm

  U may ask on Tel No. 1251 wic is toll free number.
• 

  By sumit mittal, January 13, 2011 @ 3:23 pm

  i want to opt for this policy for one lac 100000.00 for a period of 10 years.
  siliguri
  west bengal.
  mob: 9933890189
• 

  By Dinesh Yadav, July 14, 2011 @ 4:22 pm

  I want complete plan details with illustration my age is 22/08/1982. i am looking for 1000000 SA with 20 year preimum paying term,kindly do the needful asap..
• 

  By admin, August 11, 2011 @ 6:28 pm

  Sorry you are so late. This Plan is closed for sale.

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