LIC Jeevan Shiromani (Table 847) – Review, Features and Benefits

LIC’s Jeevan Shiromani plan offers a dual benefit of protection and savings. This policy is specially designed for High Net-worth Individuals. Financial support for the family in case of unfortunate death of the policyholders is provided during the policy term. If the policyholder survives at specified duration during the policy term, then Periodic payments shall also be paid. And a lump sum payment to the surviving policyholder at the time of maturity will be paid. In addition, this plan also provides for payment of a lump sum amount equal to 10% of the chosen Basic Sum Assured on diagnosis of […] READ MORE

LIC Jeevan Saral Plan (Table 165) – Review, Benefits & Features

LIC Jeevan Saral is a very special kind of endowment plan from LIC. The policy offers various benefits like flexibility in choosing the premium, tenure of the policy, tax benefits, loyalty additions, various riders and it aimed at investors who would like to get guaranteed returns from their investment. Also, unlike other LIC policies, this policy also gives back the premium amount along with sum assured on death. One can choose the premium on monthly, quarterly, half-yearly or yearly basis as per their convenience. Features of LIC Jeevan Saral (Table number 165) In this plan, your sum assured is equal […] READ MORE

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