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LIC is the oldest and one of the largest insurance organizations in India

Your Small Investment Plan - Jeevan Rakshak

LIC'S JEEVAN RAKSHAK

LIC's Jeevan Rakshak Plan is a participating non-linked plan which offers a combination of protection and savings. This plan provides financial support for the family in case of unfortunate death of the policyholder any time before maturity and a lump sum amount at the time of maturity for the surviving policyholder. This plan also takes care of liquidity needs through its loan facility.

Benefits: Death benefit:  In case of death of the policyholder during the policy term provided all due premiums have been paid, “Sum Assured on Death” shall be payable, which is the highest of Basic Sum Assured or 10 times of annualized premium or 105% of all the premiums paid as on date of death. The premiums defined above exclude service tax, extra premium and Accident Benefit rider premium, if any. In addition to the above, Loyalty Addition, if any shall also be payable if death occurs after completion of 5th policy year. Maturity Benefit: Basic Sum Assured, along with Loyalty Addition, if any, shall be payable in lump sum on Survival to the end of the policy term provided all due premiums have been paid.       Optional Benefit: LIC’s Accident Benefit Rider:  Accident Benefit Rider is available as an optional rider by payment of additional premium. In case of accidental death, the Accident Benefit Sum Assured will be payable as lumpsum along with the death benefit under the basic plan. Eligibility Conditions and Other Restrictions For Basic plan (This plan is only available for standard healthy lives without undergoing any medical examination) Minimum Basic Sum Assured per life* : Rs. 75,000 Maximum Basic Sum Assured per life* : Rs. 200,000  (The Basic Sum Assured shall be in multiples of Rs. 5000/-) Minimum Age at entry : 8 years (completed)  Maximum Age at entry : 55 years (nearest birthday)  Minimum Policy Term : 10 years Maximum Policy Term : 20 years Maximum Age at Maturity : 70 years (nearest birthday). Minimum Entry Age : 18 years (completed) Maximum Entry Age : The cover can be opted for at any policy anniversary during the policy term Maximum Cover Ceasing Age : Same as under the Basic Plan. Payment of Premiums: Premiums can be paid regularly at yearly, half-yearly, quarterly or monthly mode (through ECS only) or through salary deductions.

International Airport Mumbai Clips - मुंबई एयरपोर्ट

Save Rs 20 Daily and get Insured

If you save and invest Rs. 20 daily. It makes 600 per month investment. 
You can pay approximately 1800 quarterly and get LIC Police of Rs. 3,60,000.
Call now for details : 97683 94833 | 92209 30400.
Malad (w), Mumbai.

Water Fountain - Paani ka fuwara at International Airport Mumbai

Health Plans

LIC's Jeevan Arogya is a unique non-participating non-linked plan which provides health insurance cover against certain specified health risks and provides you with timely support in case of medical emergencies and helps you and your family remain financially independent in difficult times.

Health has been a major concern on everybody’s mind, including yours. In these days of skyrocketing medical expenses, when a family member is ill, it is a traumatic time for the rest of the family. As a caring person, you do not want to let any unfortunate incident to affect your plans for you and your family. So why let any medical emergencies shatter your peace of mind.

LIC’s Jeevan Arogya gives you:

• Valuable financial protection in case of hospitalisation, surgery etc
• Increasing Health cover every year
• Lump sum benefit irrespective of actual medical costs
• No claim benefit
• Flexible benefit limit to choose from
• Flexible premium payment options

Very easy to choose your plan

Group Insurance Scheme

Group Insurance Scheme is life insurance protection to groups of people. This scheme is ideal for employers, associations, societies etc. and allows you to enjoy group benefits at really low costs.

Group Scheme
-LIC's New Group Leave Encashment Plan
-LIC's New Group Superannuation Cash Accumulation Plan
-LIC's NEW ONE YEAR RENEWABLE GROUP TERM ASSURANCE PLAN I
-LIC's NEW ONE YEAR RENEWABLE GROUP TERM  ASSURANCE PLAN II
-LIC's New Group Gratuity Cash Accumulation Plan

Social Security Schemes
-Aam Admi Bima Yojana