Life's most powerful need is a Life Insurance. Acquiring Insurance involves extreme planning and considerations of many factors like finances, one’s future and the use of the Insurance policies. These days, there are many kinds of Insurance evolved that are dedicated to the person’s specific needs.
MARKET PLUS RETURNS (ASSUMED GROWTH RATE 15% P.A.)
Scheme holder can continue their monthly saving scheme for as much long time as he/she wants under this scheme.
Easy Money Back:
Scheme holder can take the money any time between his/her selected time of period according to needs.
Financial Flexibility:
Scheme holder can take the money as much as he/she wants after a time period of ten years.
Changable Time Period:
Scheme holder can select the time period according to needs. But after 10 years at any time without penalty of lose and with the benefited of Loyalty Addition he/she can close the policy and take the money.
Load:
At any time holder can get a loan after 3 years from the starting time period of Policy.
Auto Cover:
After clearing the premium of 3 years, if for 1 year Scheme holder could not pay the premium the risk of insurance will continue.
Benifits After Death:
Insurance + Paid Premium + Loyalty Addition (after 10 years time of Period).
Return:
Scheme holder will get more return then the Bank or Post office offers.
Note:Some benefits are granted and some benefits are depended to LIC of INDIA future schemes