LIC’S Jeevan Aastha (PLAN No. 195): launched on 8st Dec 2008, Its LIC’s Unique plan with Single premium for term of 5 year and 10 years. On maturity the Maturity Sum Assured (MSA) along with Guaranteed Addition and Loyalty Addition (If Any) shall be payable.
Eligibility Conditions and Restrictions
a) Minimum age at entry : 13 years completed.
b) Maximum age at entry : 60 years nearest birthday
c) Minimum Sum Assured : Rs.150,000/-
d) Maximum Sum Assured : No Limit
The Sum Assured shall be in multiples of Rs. 30,000
e) Policy Term : 5 & 10 years
Benefits:
a) Death Benefit:
On death during the first policy year: Basic Sum Assured with Guaranteed Addition.
On death during the policy term after first policy year, excluding last policy year:
1/3rd of Basic Sum Assured with Guaranteed Addition.
On death during last policy year: 1/3rd of Basic Sum Assured with Guaranteed
Addition along with loyalty addition, if any.
b) Maturity Benefit:
On maturity, the Maturity Sum Assured along with Guaranteed Addition and
Loyalty Addition, if any, shall be payable.
Maturity Sum Assured shall be 1/6th of Basic Sum Assured. For more detail Click here.
Mr. Sameer
nowhere in the website, you have mentioned the amount to be invested.it would be good if you give a calculator like thing, which mentions what will be the amount for so and so period for so and so amount after so and so years. please mention clearly what is the minimum amount to be invested and what will be amount due to it after the maturity period. you can also leave a local contact number for better convenience.
By: selva on December 12, 2008
at 1:47 pm
Dear Sir,
I am 43 Years old businessman and i am looking for some good pension plan . can you please suggest good pensionplan. Wherein I pay monthly Instalments for s fixed period .
Regards,
Ram
By: Ramachandran on December 18, 2008
at 8:15 am