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  • L.I.C's LTD Endowment Plan

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    nitinmishra_16
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    L.I.C's The Endowment Assurance Policy - Limited Payment Plan. A flexible plan for the policyholder to select the premium paying term. The allowed terms are 5, 10, 15, 20 and 25 years. The RISK COVER CONTINUES TILL the end of the policy TERM.

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    Título original

    L.I.C's Ltd Endowment Plan

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    © Attribution Non-Commercial (BY-NC)

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    L.I.C's The Endowment Assurance Policy - Limited Payment Plan. A flexible plan for the policyholder to select the premium paying term. The allowed terms are 5, 10, 15, 20 and 25 years. The RISK COVER CONTINUES TILL the end of the policy TERM.

    Direitos autorais:

    Attribution Non-Commercial (BY-NC)
    Baixe no formato PDF, TXT ou leia online no Scribd
    Sinalizar o conteúdo como inadequado
    15 visualizações3 páginas

    L.I.C's LTD Endowment Plan

    Enviado por

    nitinmishra_16
    L.I.C's The Endowment Assurance Policy - Limited Payment Plan. A flexible plan for the policyholder to select the premium paying term. The allowed terms are 5, 10, 15, 20 and 25 years. The RISK COVER CONTINUES TILL the end of the policy TERM.

    Direitos autorais:

    Attribution Non-Commercial (BY-NC)
    Baixe no formato PDF, TXT ou leia online no Scribd
    Sinalizar o conteúdo como inadequado
    de 3

    FROM THE DESK OF RISHI B.

    KHANNA

    Don’t want commitment to pay premiums for a longer duration.

    Then here is a plan for you.

    L.I.C’s The Endowment Assurance Policy - Limited Payment Plan.


    A FLEXEBLE PLAN FOR THE POLICYHOLDER TO
    SELECT THE PREMIUM PAYING TERM.

    The allowed terms are 5, 10, 15, 20 and 25 years.

    PREMIUM TO BE PAID IS FOR A FIXED TERM.

    HOWEVER , THE RISK COVER CONTINUES TILL


    THE END OF THE POLICY TERM.

    This endowment policy fulfils many of the long


    term financial needs of a person.

    The long term needs may be, to provide for


    education of dependent children, their
    marriage, or for old age provision for self/spouse.

    Benefits

    · Maturity Benefits:
    Sum Assured + Bonus + Final additional Bonus (if eliglible)
    · Death Benefits:
    Sum Assured + Total Accumulated Bonus .

    Features

    · Minimum Sum Assured - Rs. 50,000/- · Maximum age at maturity -75 years
    · No Maximum Limit for Sum Assured. · Minimum Term - 5 years
    · Minimum age at entry - 12 years · Maximum Term - 55 years
    · Maximum age at entry - 65 years · Modes Allowed – All
    (Yearly, Half – Yearly, Quarterly, Monthly (ECS - SIP))
    FROM THE DESK OF RISHI B. KHANNA

    DETAILS OF THE PLAN WITH ILLUSTRATION

    Mr. AMIT KUMAR, AGED 35 YEARS, PLANS TO SAVE MONEY TO MEET EXPENSES FOR HIS
    RETIREMENT

    HE OPTS TO PAY PREMIUM FOR JUST 5 YEARS ON MONTHLY BASIS THROUGH ECS – SIP.

    HE OPTS FOR THE SUM ASSURED OF Rs. 5 LAKHS FOR THE TERM OF 25 YEARS.

    THE MONTHLY PREMIUM COMES TO Rs. 5,146 FOR 5 YEARS.

    DETAILED CHART OF THE PLAN IS SHOWN BELOW.

    Annual Premium, Risk Cover and Maturity Benefit.

    The below table shows the Annual Premium Paid, Risk Cover and
    Maturity Benefit at the end of TERM.

    The Tax saved is calculated @ 30.90% u/s 80C.


    FROM THE DESK OF RISHI B. KHANNA

    WE HAVE DIFFERENT PLANS FOR ALL YOUR FINANCIAL NEEDS.


    PLAN YOUR NEED TODAY.

    CONTACT:
    RISHI B. KHANNA
    TEL No.- 9821248481 / 8080715551.
    E.Mail :- khanna.rishi@mtnl.net.in

    NOTE:
    The Views, Schemes, and Comments are expressed by Rishi B. Khanna .
    Neither any organisation nor any company is responsible for the same.

    INSURANCE IS THE SUBJECT MATTER OF SOLICITATION.

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