LIC's New Jeevan Saral Monthly Recurring Scheme

Limits	Term	Age	Sum Assured
Minimum	10	12	62500
Maximum	35	60	No Limit

Premium Ceasing Age : 70 Premium Ceasing Term : 0


Plan Highlights
Cheapest LIC's New Jeevan Saral Monthly Recurring Type Saving Schemes/ Plan Life Insurance is a unique plan having good features of the conventional plans and the flexibility of unit linked plans. To the policyholder it provides -
Higher Cover,
smooth returns,
liquidity and
a lot of flexibility Savings
BENEFITS:
On Death:
250 times the monthly premium, plus
return of premiums excluding extra/rider premium and first year premium, plus the loyalty addition, if any.
On Maturity:
Maturity sum assured, plus
The Loyalty Additions, if any
SPECIAL FEATURES:
High risk cover at low premium
Extended risk cover for one year after 3 years premium payment.
Optional higher cover through Term Riders
The policyholder can choose a maximum term but can surrender at any time without any
surrender penalty or loss after 5 years
Any number of withdrawals through partial surrendering
OTHER ELIGIBILITY CONDITIONS:
Premium : Minimum premium of Rs.250/- per month for entry age upto 49 years. and Rs.400/- per month for entry age 50 years and above.
No Limit for the maximum premium per month.
Mode : Yearly, Half-yearly, Quarterly and Monthly under Salary Saving Scheme
In case of term rider, minimum and maximum age at entry will be 18 and 50 years respectively.
Further minimum sum assured will be Rs.1 lakh.

Example of JEEVAN SARAL Click me

Contact us for free quotes review/ Charts/ calculations/ plan presentations etc on LIC's New Jeevan Saral Monthly Recurring Type Schemes Life Insurance policy. Our LIC of India's Authorised Agent/ Insurance Advisor/Consultant will Contact you within 24 hrs.