Skip to main content

LIC launches 2 Aadhar card based Plans

LIC has recently launched 2 plans Aadhaar Stambh (843) and Aadhaar Shila (844).

These are non linked, with profit, endowment plans. To avail these 2 plans one must have Aadhaar card. Aadhaar Stambh is specially for men where as Aadhaar Shila is specially for women.

LIC Policy 675-x-255-static-web-banner

These plans have Maturity & Death Benefits with Loyalty Additions, if any.

Eligibility Conditions and Other Restrictions :
(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. 300,000
  • Minimum Age at entry : 8 years (completed)
  • Maximum Age at entry : 55 years (nearest birthday)Policy Term : 10 to 20 years
  • Premium Paying Term : Same as Policy Term
  • Maximum Age at Maturity : 70 years (nearest birthday)
Its premium is tax free under section 80 C and maturity amount under 10 (10) D.

Need more information about these plans? Feel free to contact us.


Labels:

Comments

Post a Comment

Need some help? Just comment here, we will be glad to help you. :)

Popular posts from this blog

LIC Launches One more Child Plan - Jeevan Tarun - 834

LIC launched One more child plan.  The name of the plan is Jeevan Tarun and No is 834. In this plan, you have the option to choose money back from kids age of 20. Here's are the salient features of the plan -  AGE: 0 - 12 Min SA: ₹75000 TERM: (25 - Age at Entry) PPT: (20 - Age at Entry) PWB Available. MATURITY : AGE 25. LAST 5 YEARS OPTIONAL MONEY BACK. Option:  SB (Last 5 yrs): Maturity: 1:          No SB.             100% SA 2:          5% SB.             75% SA 3:          10% SB.           50% SA 4:          15% SB.           25% SA.  All other features such as loan and surrender are available by default. Income Tax Benefit – Available under Section 80 C for premiums paid and Section 10 (10D) for Maturity returns. Ne...
2 comments
Read more

LIC's New Single Premium Plan (831) Jeevan Sangam

Jeevan Sangam :   Single Premium Plan No.831 launching on 4th  March 2015 and available for a maximum period of 90 days.           Close-ended, Non-linked, With-profits plan.           ELIGIBILITY CONDITIONS- o    Minimum Entry Age= 6 yrs completed; o    Maximum Entry Age= 50 yrs nearer birthday; o    Minimum Sum Assured= Rs.75,000/- (in multiples of Rs.10,000/-); o    Maximum Sum Assured= No limit; o    Policy term= 12 yrs fixed;           DATE OF COMMENCEMENT OF RISK- o    for age 7 yrs nearer birthday= Risk will commence from policy anniversary coinciding with or immediately following age 8 yrs ( nearer birthday); o    For those aged 8 yrs nearer birthday or more= Risk will commence immediately.           MATURITY SUM ASSURED = Sum Assured + Loyalty Addition, if any...
Post a Comment
Read more

What WhatsApp outage tells us about investments?

 It's all about Friday night 19 March 2021 at around 23.00 IST hours WhatsApp, Insta and FB were down for 35-40 min. People who are on Twitter reached Twitter to post the same. And some others reached Google to confirm the same. What does this teach us? Don't invest all your eggs in one basket😅  Keep using telegram or signal or Hike- Indian app also😎 In same way don't invest all your money in only shares or only real estate or only PPF or only LIC. Diversify them😎 Diversifying your investments helps you optimize your risk factors. If share market or real estate is down then only some part of your investment gets affected. All your remaining instruments remain at same levels. So your risk is minimised. For more details on how to diversify investments, do reach us by commenting below
Post a Comment
Read more