Posted on jan 25, 2021
LIC Endowment Plan help people in creating a savings corpus while at the same time also provides insurance coverage also. LIC New Jeevan Anand policy is one of many endowment policies that provide people with a combination of life insurance and risk-free returns under the same plan.
It's a participating plan where a person earns simple reversionary bonuses throughout the complete term of the policy. Moreover, upon policy maturity or death of the person, a final additional compensation is also paid. There is also an optional rider benefit that someone can also choose for a wider extent of coverage of his/her premiums, which are payable throughout the policymaking. They can also get premium discounts which also reduces the premium rate. Loans are also made available under the plan, which provides people the liquidity if they need any money at the time of their needs.
Posted on Feb 5, 2021
Permanent life insurance policies are often termed as best for investment. The whole and universal life insurance also offer lifelong coverage, and they typically have a significant cash value component. A permanent policy's cash value often grows over time, and this can be used to pay premiums or take out a loan from the insurer.
The permanent life insurance policies often have a much higher rate than the other term policies, and often most of the financial obligations go away from it over time. The term life insurance of LIC Best Plan is typically a better option for most people(LIC Endowment Plan). However, if someone needs lifetime coverage and has the means to pay for permanent coverage, this can be a great way to ensure their loved ones are financially protected.
Posted on July 1, 2021
Taking up a retirement plan while you are earning reduces a lot of burden pos retirement. It helps you save for future use, which is a vital necessity. Moreover, the pension schemes are available to every age group, ranging from 0 to 65 years. The website gives out a profound detail of the entire policy so that the customer is not scammed. They have their facts in various languages. For example, if a person understands Hindi better and has a firmer grip on it than English, they will find all the required details of the retirement plan in Hindi.
The LIC retirement pension fund plan is mainly designed for senior citizens who wish to have a planned retired life without worrying about financial conditions. The lic retirement plan benefit pension funds include:
Posted on July 1, 2021
The LIC Jeevan Ankur plan includes a lot of profit for anyone who is availing it and is also a very age-old method that makes it all the more reliable for any customer to take it up. This insurance is generally for the benefit and the well-being of the child. you may contact LIC Agent Delhi And The insurance is made in the name of the parent and the child is considered to be the nominee.