LIC Jeevan Dhara I

LIC’s New Jeevan Dhara 1:

Product summary:
In LIC’s New Jeevan Dhara-1, These are Deferred Annuity plans that allow the policyholder to make provision for
regular income after the selected term.
Premiums:
Premiums are payable yearly, half-yearly, quarterly, monthly or through Salary
deduction, as opted by you, throughout the term of the policy or till earlier death.
Alternatively, the premium may be paid in one lump sum (single premium).
Tax Benefits:
Tax relief under Section 80ccc is available on premiums paid under New Jeevan
Suraksha I (Table No.147). The premiums paid under New Jeevan Dhara I (Table
No.148) qualify for tax relief under Section 88.
Bonuses:
These are with-profit plans and participate in the profits of the Corporation’s annuity /
pension business. Policies get a share of the profits in the form of bonuses. Simple
Reversionary Bonuses are declared per thousand Sum Assured annually at the end of
each financial year. Once declared, they form part of the guaranteed benefits of the plan.
Final (Additional) Bonuses may also be payable provided policy has run for a certain
minimum period.

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Related posts:

  1. LIC Pension Plans
  2. LIC Jeevan Suraksha
  3. Jeevan Akshay VI

4 Comments

  • By tax savings in India, February 11, 2010 @ 12:48 am

    what is the best plan for tax savings in india?
    Insurance or MF+Term Insurnace

  • By SRI PRAKASH CHANDR A JOSHI, August 26, 2010 @ 2:33 pm

    POLICY NO. 342816862

  • By Sameer Trivedi, August 29, 2010 @ 2:06 pm

    Resend your querry with well manners with date of birth, City Name, Subject etc than comment.

  • By manju sinha, January 23, 2011 @ 6:48 pm

    I have jeevan dhara policy with deferred participation in profit (policy no.711576295) in 1990 by paying one time premium of rs.5000/. I would like to know whether I can get the refund.

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