LIC jeevan shiromani Plan: If you also want to invest money in the right and safe place, then you can earn a lot of profit from LIC’s Jeevan Shiromani plan. your money will never sink in this
LIC jeevan shiromani Plan: If you want to secure your future and also want to make a safe investment, then we have come up with a better option for you. You can earn very good profits from LIC jeevan shiromani plan. Actually LIC gives a lot of profit to the customers in this policy. Apart from this, savings are also available with protection. (Safe Investment plans) Let us know how you can earn profit through this policy.
Assured Amount Guarantee of Rs 1 crore
LIC’s Jeevan Shiromani Plan is a non-linked plan. In this, you get the Assured Amount Guarantee of at least 1 crore rupees. LIC keeps on offering many good policies to its customers to secure their lives.
Know what is the complete plan?Â
Jeevan Shiromani (Table No. 847) scheme was started by LIC on 19th December 2017. This is a non-linked, limited premium payment money back plan. This is a market-linked benefit scheme. Actually this scheme has been specially designed for HNI (high net worth individuals). Apart from this, with the help of this plan, you can also take cover for diseases. (Future Planning) There are also 3 optional riders available.
This plan gives financial support
LIC jeevan shiromani provides financial support to the policyholder’s family in the form of death benefit during the policy term. In this policy, the facility of payment has been given during the fixed period in the event of survival of the policyholders. Apart from this, lump sum amount is also given on maturity.
Process of Survival Benefit
Survival Benefit means a fixed payment is made on the survival of the policy holders. Under this, this is the payment process.
- 14 year policy -10th and 12th year 30-30% of Sum Assured
- 16 year policy -12th and 14th year 35-35% of Sum Assured
- 18 Year Policy -14th & 16th Year 40-40% of Sum Assured
- 20 year policy -16th and 18th year 45-45% of Sum Assured.
Know how much you will get loan
The best thing about this policy is that during the policy term, the customer can take a loan based on the surrender value of the policy. But this loan is available only on the terms and conditions of LIC. Policy loan is available depending on the rate of interest as decided from time to time.
Terms and conditions
- Minimum Sum Assured – Rs 1 crore
- Maximum Sum Assured- No Limit (Basic Sum Assured will be in multiple of 5 lakhs.)
- Policy Term- 14, 16, 18 and 20 years
- Till when premium has to be paid: 4 years
- Minimum age for entry- 18 years
- Maximum age for entry: 55 years for a policy of 14 years; 51 years for a 16-year policy; 48 years for an 18 year policy; 45 years for a 20 year policy.
