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Showing posts from 2020

Jeevan Anand Plan 915

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LIC New Jeevan Anand 915 – LIC of India launched a new plan on 1st February 2020, which name is LIC New Jeevan Anand Plan 915 (LIC Table No 915) is whole life plan with Guaranteed Returns and Protections because it is not market based plan. LIC New Jeevan Anand 915 is an endowment and whole life policy along with Bonus facility. “LIC New Jeevan Anand 915″ is a Double Death Benefit Plan, if the life insured survives till the end of the policy term. LIC New Jeevan Anand policy has average premium, high bonus rate and great features. One of the main whole life features is that the nominees get the sum assured when the policyholder dies. With this feature you will get the money twice. Key Features of  New Jeevan Anand 915 LIC New Jeevan Anand 915 is combination of Endowment and term insurance policy i.e. , Double Benefit Endowment plan, if person lives till end of Term of the policy will be given Maturity Benefit and Risk Cover will continue till 100 years or death whic...

LIC MONEY BACK POLICY 920

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LIC of India new plan launched on 1st. February 2020 which name is LIC New Money  Back 920 (LIC Policy no. 920) is a traditional life insurance policy which is guaranteed   return and bonus with savings.In this plan Premium needs to be paid for a period of 15  years while the policy continue for 20 years. Policy taken age between 13 to 50 years   age for a fixed tenure of 20 years. 20% of the Sum Assured is paid to the policy holder on survival at the end of every 5  years and the remaining 40% of the Sum Assured along with Vested Simple Reversion  Bonus + Final Addition Bonus (FAB) would be paid to the policy holder on survival till the end of the Policy term as Maturity Benefit What is LIC money back policy? LIC’s New Money Back Policy is a 20 years, non-linked partnership policy that pays money  back at certain periods during the policy period. This policy pays 20% of the sum assured   as money back, as survival bonus ...