Showing posts with label lic online. Show all posts
Showing posts with label lic online. Show all posts

Thursday 8 June 2023

LIC Branch 63T - LIC Athani Branch Office - LIC Branches in India

 

LIC Branch Office Athani 63T - LIC Athani Branch

LIC of India, Athani Branch,

Post Box No. 17, Satti Road. Kanak Nagar

Athani, Karnataka, Pin Code- 591304

Contact:08289-251063

Email ID: bo_63t@licindia.com

Website: https://www.licindia.com



Friday 2 June 2023

Wednesday 18 May 2022

LIC New Janaraksha plan 91 - LIC Endowment plan - LIC online - LIC Plans

LIC New Janaraksha

(this plan is withdrawn)

LIC Plan 91


Eligibility of LIC New Janaraksha plan

  • Minimum Entry Age: 18 Years
  • Maximum Entry Age: 50 Years
  • Maximum Maturity Age: 70 Years
  • Policy Term: 12 to 30 Years
  • Premium Payment Term: Regular
  • Minimum Sum Assured: Rs 50,000 per annum
  • Premium Payment Mode: Yearly, Half Yearly, Quarterly or Monthly

LIC New Janaraksha benefits :

Death benefit:

  • In case of unfortunate death of the life insured, Sum Assured along with vested bonuses is paid.

Accidental Benefit:

  • In case of death because of accident, Sum Assured subject to maximum of INR 5 lacs is paid. In case of disability as a resilt of accident, Sum Assured is paid in installments.

Maturity Benefit:

  • At the end of policy term, premiums paid with vested bonuses will be paid.

Bonuses: 

  • These are added at the end of each financial year and are a percentage of Sum Assured. The percentage depends on the performance of the company.

Income Tax Benefits : 

  • Under Section 80C you can avail tax benefit, yearly premium (not more than 1lac) will be deducted from taxable income.


Tax benefits on Maturity/ claims

  • Under Section 10(10D) death claim is completely tax-free.

Surrender value : 

  • The policy can be surrendered after 3 years provided the policy is in force. The guaranteed surrender value will be equivalent to 30% of all premiums paid less the first year’s premium.

Free Look Period: 

  • New Janaraksha plan can be cancelled within 15 days of receiving the policy contract. A written application can be submitted to any branch for the same. The premium will be paid back minus some charges like stamp duty, and medical reports.

Wednesday 17 June 2020

LIC of India, Samastipur Branch Office. LIC Branch code : 535

LIC Branch 535

LIC of India, 
Samastipur Branch Office
Kashipur Mohalla. , 
P O And Dist Samastipur
Bihar - 848100


Phone: 06274-222440
Email ID: bo_535@licindia.com
Website: www.licindia.com