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Whole life and money back plan
- LIC’s Jeevan Rekha is a combination of whole life and money back plan. In the event of untimely death of the life insured, the nominee gets a guaranteed amount i.e. the sum assured plus accrued bonuses.
www.oneinsure.com/faq/what-are-the-benefits-available-under-lic-s-jeevan-rekha-planWhat are the Benefits Available Under LIC’s Jeevan Rekha plan?
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Like several other LIC policies, the LIC Jeevan Rekha policy allows the customers to make their payments of premiums in different modes. The modes of premium payment available are - annual payments, half-yearly payments, quarterly payments, and monthly payments.
Mar 24, 2023 · Premium Payment. Payment at Cash Counter. Payment Through Alternate Channels. LIC PORTAL. Pay Premium through LIC Credit Card. Spurious Calls. Update Your Contact details – Offline. Unclaimed Amounts of Policyholders. Bima Bharosa.
Product summary . This is a Money Back Whole Life plan. It provides financial protection against death throughout the lifetime with regular flow of survival benefits at five yearly intervals. Premium : Premiums are payable yearly, half-yearly, quarterly, monthly or through salary deduction, as opted by you.
LIC Jeevan Rekha is a money-back insurance product offering that offers a periodic payout every 5 years throughout the policyholder’s life. In addition to these survival benefits, this plan offers guaranteed death benefit to the nominees of the policy on the death of the life assured.
LIC's Jeevan Rekha. This is a Money Back Whole Life plan. It provides financial protection against death throughout the lifetime with regular flow of survival benefits at five yearly intervals.
LIC policy's surrender value depends upon what kind of LIC policy you hold and for how many years you have paid the premium. You can calculate surrender value for various plans of lic like LIC's Bima Jyoti, LIC's Bima Ratna, LIC's Dhan Sanchay, LIC's Jeevan Azad, LIC's Dhan Vriddhi,LIC's Single Premium Endowment Plan.
Mar 14, 2004 · This week, we review LIC''s Jeevan Rekha. The policy is a combination of a Whole Life and a Money Back plan as it provides regular returns during the life term as well as a life-long insurance cover. The policy will pay out 10% of the sum assured after every five years during the lifetime of the insured.
