LIC Jeevan Surabhi

LIC Jeevan Surabhi (Table No.  108 ) for 25 Years Term Only.

Premium Ceasing Age : 70 Premium Ceasing Term : 18
Plan Highlights
Features
(LIC’s Jeevan Surabhi ) Table no 108. This plan is an improved version of Money Back Plan with an added element of increasing term insurance cover. The difference between the other money back plans and this plan is as follows:
• In case of this plan the maturity term is more than premium paying term.
• The survival benefit payment is early and gives a higher rate.
• Risk cover increases every five years.

Special Features
This plan has longer policy term and limited premium paying term. The policy term is 25 years and the premium paying term is 18 years.
• Full sum assured is paid back as survival benefit by the end of premium paying term. However, the risk cover and additional risk cover continue and the policy participates in profits till the end of policy term.
• Accident Benefit is restricted to the premium paying period and to the overall limit of Rs.5 lakhs on a single life.

Benefits
Survival Benefits:
This scheme provides for periodic payments of partial survival benefits as follows, during the
term of the policy, so long as the policy holder is alive.
• At end of 4 years, 8 years, 12 years & 15 years 25% of Sum Assured
• At end of 25 years Maturity Amount
• On Maturity, the policyholder will receive the balance sum assured as given above plus the vested bonus(if any).

Death Benefits:
If death occurs at anytime during the term of a policy (provided the policy has been kept in force by payment of all premiums that had fallen due), the basic sum assured along with the vested bonus will be paid. The survival benefits already paid, if any, will not be deducted from this claim amount. An additional amount (depending on the duration of the policy) will also be paid on death under such a policy. The additional amounts payable, at various stages are shown in the table given below.
Additional Amount Paid In Case Of Death For A Policy Of Rs.1000
First 5 (Policy Years) Nil
6th-lOth (Policy Year) 500
llth-l5th (Policy Year) 1000
l6th-2Oth (Policy Year) 1500
2lst-26th (Policy Year) 2000
Suitable for:
This plan holds special interest to people who besides wishing to provide for their old age and family feel the need for lump sum benefits at periodical intervals.

FAQ’s on Life Insurance Click here

Contact us for free quotes on LIC’s Jeevan Surbhi/ Surabhi Money Back Life Insurance policy. Our LIC of India’s Authorised Agent/ Insurance Advisor/Consultant will Contact you within 24 hrs.Send your comments Reviews for getting free quotations, charts & claculations are also provided on demand…

Tags: , , , , , ,

categories Life Insurance, Money Back Plans | Sameer Trivedi December 11, 2009

4 Comments

  • By kavita mahar, January 12, 2010 @ 9:30 am

    Sir,
    please send me my policy status wit hcom[lete details on my e-Mail address. My policy NO. is given below:-
    201130473 And
    201130505.

    I will bwe highly obliged to you.

  • By Sameer Trivedi, January 12, 2010 @ 12:42 pm

    Make your Login ID at LIC of India & enter your policy number & premium in new policy detail. U will seen after all the status of your LIC Policies

  • By M SATYANARAYANA, February 15, 2010 @ 2:20 pm

    Sir,
    please send me my policy status details
    policy no : 691645927

  • By Sameer Trivedi, February 25, 2010 @ 8:00 pm

    u may ask on tel no 1251 is LIC Help Line we can not authosired to view other agents policy.

Other Links to this Post

RSS feed for comments on this post.

Inquiry

Fill up the form below with your Invest Amount, Invest Period, Date of Birth to generate detail presentation. Our Sales Executive will contact you shortly.
Thank you.

Comment Here with City name and Contact number.