Insurance
We all live in a fast track world where some times taking quick and sudden decisions are necessary, but planning certain important things for life is essential.
Min Sum Assured: 50,000 Min Sum Assured: 50000
Max sum Assured: No Limit Max Sum Assured: No Limit.
Multiple of S.A: 5000
Accidental Benefit Charge: Rs 1per 1000 of S.A
2. Endowment Policy –
a. Risk Cover (Natural + Accidental) starts from 1st day of taking the policy.
b. On Maturity, the policy holder is paid sum assured + bonus + financial bonus.
c. In case of an unfortunate death of the policy holder during the term of the policy, his nominee is paid sum assured Bonus accrued as on that date.
d. Accidental death cases, additional sum assured is also paid.
e. In case of permanent disability due to accident, the policy provides for immediate waiver of future premiums in addition to payment @10% of sum assured ever year for the next 10 yrs or till the maturity of the policy or till the life time of the policy holder, which is earlier.
f. Loan Facility is available after three yrs of payment under the policy.
The above are the two policies which is discussed in details because everyone should have a fair idea about how the insurance policy works.
The other different types of insurance policies are –
a. Limited payment Endowment
b. Money Back
c. Jeevan Mitra double Cover & triple cover
d. Jeevan Saathi
e. Marriage Endowment/Educational Annuity Plan
f. New Jana Raksha
g. Jeevan Kishore
h. Jeevan Chaya
i. Jeevan Surabhi
j. Jeevan Vishwas
k. Komal Jeevan
l. Money Plus
m. Health Insurance plus
Apart from the ones mentioned above there are so many other insurance policies which is beneficial for an individual to secure his/her life and to protect their complete family.
For all the above mentioned insurance policies if you need any verbal assistance you can contact -
Name - Mr. N. Nagaraja Manja (Divisional club Member – LIC Agent )
Contact # -9885903868.
This Privilege is available only for the people in India – Hyderabad city, free services provided.
Advantages of Insurance policy
1. Risk Coverage
2. Tax Savings
3. Long term investment
4. Protection for your family
5. Lifetime financial security
6. Extra income in retirement days
7. Lump sum cash in addition to bonus.
8. Permanent Protection
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Post Commentcutedrishti8
On November 9, 2009 at 12:26 am
Thanks for the Information
Priyanka Bhowmick
On November 9, 2009 at 1:21 am
dis is a quite helpful article … written well..
Hansika
On November 9, 2009 at 2:59 am
thanks for the information…
Ask Cash
On November 9, 2009 at 7:21 am
Do u work for an insurance company?
nsupriya15
On November 10, 2009 at 10:44 pm
My dad works for an Insurance company , i work in an corporate sector.
Bharath
On November 12, 2009 at 1:29 am
Very good post. Thank you for the information