Avdhoot Investment» Pension Plans

LIC Pension Plus

admin — Sat, 04 Sep 2010 06:44:33 +0000

LIC’s Pension Plus is a unit linked deferred pension plan, which provides you a minimum guarantee on the gross premiums paid. The plan is without any life cover.

LIC Pension Plus Features: You have a choice of investing your premiums in one of the two types of investment funds available. Premiums paid after deduction of allocation charge will purchase units of the Fund type chosen. The Unit Fund is subject to various charges and value of units may increase or decrease, depending on the Net Asset Value (NAV).

	Term	Age	Sum
Minimum	10	18	0
Maximum	67	75	0

Premium Ceasing Age : 85 Premium Ceasing Term : 61

Plan Highlights

LIC’s Pension Plus is a unique ULIP plan where the minimum rate of interest is guaranteed. This plan is excellent investment towards essential long term financial planning.

Pension Plus is in compliance with the current IRDA norms. Pension Plus is truly an innovative plan that suits your needs just too perfectly.

The features of the LIC Pension Plus plan are mentioned below:

A unique Unit Linked Pension Plan with guarantee on the minimum rate of interest.
Rate of Interest applied to gross premium.
Being Market Linked, the plan has possibility of getting excellent returns.
Due to minimum interest guarantee, you are protected against fluctuation of interest due to policies of the government in the distant future.
Choose any one of the 2 funds i.e. Debt (Low Risk) & Mixed (Medium Risk)
Free switching between funds two times every year and at a very nominal fee thereafter.
Top-ups facility – additional premium can be paid at anytime to invest in the funds with no upper limit.
Benefit on Maturity :

Annuity purchased from Fund Value or Guaranteed Maturity Proceeds whichever is higher.
Option to commute 1/3rd. of the Maturity Proceeds.

Compulsory purchase of Annuity ensures channelisation of funds for specific purpose.
Benefit on death – Fund Value. Nominee has the option to receive the amount in lump Sum or as Annuity.
Convenient modes of payment, Single Premium mode also available.
No surrender charges will be imposed after 5 yrs.

1. Payment of Premiums: You may pay premiums regularly at yearly, half-yearly or quarterly or monthly (through ECS mode only) intervals over the term of the policy. Alternatively, a Single premium can be paid.

A grace period of 30 days will be allowed for payment of yearly or half-yearly or quarterly premiums and 15 days for monthly (through ECS) premiums.

2.Eligibility Conditions And Other Restrictions:
a) MinimumEntryAge- 18 years (last birthday)
b) Maximum Entry Age – 75 years (nearest birthday)
c) Minimum Vesting Age – 40 years (completed)
d) Maximum Vesting Age - 85 years (nearest birthday)
e) Minimum Deferment Term - 10 years
f) Sum Assured – NIL
g) Minimum Premium -
Regular premium (other than monthly (ECS) mode) : Rs. [15,000] p.a.
Regular premium (for monthly (ECS) mode) : Rs. [1,500] p.m.
Single premium: Rs. [30,000]
h) Maximum Premium -
Regular premium : Rs. [1,00,000] p.a.
Single premium: No Limit

Annualized Premiums shall be payable in multiple of Rs. 1,000 for other than ECS monthly. For monthly (ECS), the premium shall be in multiples of Rs. 250/-.

1.Investment of Funds: The plan offers following two funds detailed below:

Fund Type	Investment in Government / Government Guaranteed Securities / Corporate Debt	Short-term investments such as money market instruments	Investment in Listed Equity Shares	Details and objective of the fund for risk /return
Debt Fund	Not less than 60%	Not more than 40%	NIL	Low Risk
Mixed Fund	Not less than 45%	Not more than 40%	Not less than 15% & Not more than 35%	Steady Income- Lower to Medium risk

The Policyholder has the option to choose any ONE out of the above 2 funds.

To view Illustrations, Examples, Presentations, Calculations Various Options of LIC Pension Plus submit your querry by Click here.

LIC Jeevan Dhara I

admin — Fri, 25 Dec 2009 14:46:18 +0000

LIC’s New Jeevan Dhara 1:

Product summary:
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.

Call us for Illustrations, Charts, Reviws, Examples, Options, Return on your Investment, free consultaion on LIC’s Pension Plans/ Retirement Planning on LIC Jeevan Dhara I Policy or Type your Business querry here.

Jeevan Akshay VI

admin — Wed, 23 Dec 2009 05:54:00 +0000

Age between 40 to 79 can apply for Jeevan Akshay Pension Plan with minimum 50,000/- Sum Assured.
Premium Ceasing Age : 79 Premium Ceasing Term : 0
Plan Highlights
LIC ‘s Jeevan Akshay-VI (Plan-189) is a Immediate Annuity plan. Type of annuities available Various annuity options available under the Plan are as under: 1.Annuity for life 2.Annuity guaranteed for 5, 10, 15 or 20 years and for life thereafter 3.Annuity with return of purchase price 4.Annuity for life increasing at a simple rate of 3% p.a. 5.Annuity for life with a provision for 50% of the annuity to the spouse of the annuitant for life on death of the annuitant. 6.Annuity for life with a provision for 100% of the annuity to the spouse of the annuitant for life on death of the annuitant. Benefits The first installment of annuity shall be paid one year, six months, three months or one month after the date of purchase of the annuity depending on whether the mode of annuity payment is yearly, half-yearly, quarterly or monthly respectively. Further, annuity shall be paid during the life time of the annuitant with following provisions on death of the annuitant for different options as follows: (a) Under option (1) – payment of annuity ceases. (b) Under option (2) i. On death during the guarantee period – annuity is paid to the nominee till the end of the guaranteed period after which the same ceases. ii. On death after the guarantee period – payment of annuity ceases. (c) Under option (3) – payment of annuity ceases and the purchase price is returned to the nominee. (d) Under option (4) – payment of annuity ceases. (e) Under option (5) – payment of annuity ceases and 50% of the annuity is paid to the surviving named spouse during his/her life time. If the spouse predeceases the annuitant, nothing is payable after the death of the annuitant. (f) Under option (6) – payment of annuity ceases and 100% of the annuity is paid to the surviving named spouse during his/her life time. If the spouse predeceases the annuitant, nothing is payable after the death of the annuitant.
Ask our experts for Calculations, Charts, Various Options, Presentation etc. You may also give your Review, Comments, Questions, Answers etc on LIC’s Jeevan Akshay-6 Table No 189

LIC Pension Plans

admin — Tue, 08 Dec 2009 13:35:02 +0000

Pension Plans: LIC’s Pension are the Best ever than any other life insurance company. LIC’s Pension Policy is giving your a decent returns on your invested money after retirement. We are doing the best retirement Planning for you as per your nees. Vaious kind of options are available in this kind of life insurance polcy for taking regular pension after retirement. You can not dependent on your child in your old age. Sleep without worriens and enjoy after retirement planning with your spouse/ wife/ life partner. We suggest you the best pension plans suitable with your lifestyle and fullfill your every needs. Get Regulor Income as Lumsum Commutaions on Maturity or get Regular Annuity at customer choice options like monthly, quarterly, hlaf- yearly or Yearly. Your spouse/ wife is also elligible for pension in this kind of plan.

Find here Our Most Popular Policies Features/ Benefits:

New LIC Pension Plus 2010
LIC’s Market Plus-I Insurance+ULIP +Pension
LIC’s Jeevan Suraksha-1
LIC’s New Jeevan Dhara 1
LIC’s Jeevan Akshay – VI

Ask to our Authorised Experts Insurance Consultant/ Agent for Detail Charts/ Presentations/ Exmaples/ Illustration/ Comparision Various kind of options availble in this Plan. Write your Reviews or compare with any other private insurance company online here.

Call us for Illustrations, Charts, Reviws, Examples, Options, Return on your Investment, free consultaion on LIC’s Pension Plans/ Retirement Planning or Type your Business querry here.