Can I surrender Jeevan Saral after 9 years?
Special surrender value: 80% of Maturity Sum Assured if 3 or more years but less than 4 years premiums have been paid; 90% of the Maturity Sum Assured, if 4 or more years’ but less than 5 years premiums have been paid and 100% of the Maturity Sum Assured, if 5 or more years premiums have been paid.
What is the return of Jeevan Saral policy?
Special Surrender: 80 percent of Sum Assured after the completion of 3 years but not 4 years with all premiums paid. 90 percent of Sum Assured after the completion of 4 or more years but less than 5 years with all premiums paid, and 100 percent of the Sum Assured if the premium is paid for 5 years or more.
What is the maturity value of Jeevan Saral?
LIC Jeevan Saral policy maturity amount is equal to the sum assured plus loyalty additions. You can use the LIC Jeevan Saral 165 maturity calculator to calculate this amount without any hassle.
How can I check my LIC policy maturity amount?
The maturity amount is calculated by adding the sum assured, which is decided upon by the customer and the company at the time of purchasing the plan, the bonus amounts or profits received throughout the plan’s tenure, and additional bonuses if mentioned by the Corporation.
How can I check my LIC Jeevan Saral maturity amount?
Ans: LIC Jeevan Saral policy maturity amount is equal to the sum assured plus loyalty additions. You can use the LIC Jeevan Saral 165 maturity calculator to calculate this amount without any hassle.
Can I check my LIC policy status online?
Check LIC Policy Status Online (For Registered User) You can check details of your LIC policy including details of the LIC premium payment online, accrued bonuses, group schemes, etc. by simply logging on to the official website of LIC India with your LIC login credentials.
How is Jeevan Saral maturity amount calculated?
Ans: LIC Jeevan Saral policy maturity amount is equal to the sum assured plus loyalty additions.
How is maturity amount calculated in Jeevan Saral?
A4. LIC Jeevan Saral policy maturity amount is equal to the sum assured plus loyalty additions.
How is Jeevan Saral 165 plan calculated?
LIC’s Jeevan Saral (Plan 165) – Key features Death coverage shall be the sum of, 250 times the monthly basic premium (Death Sum Assured) + Premium paid (excluding the first year premium and rider premiums.) + Loyalty Additions (if any).
How can I check my LIC policy maturity status?
How to check LIC Policy status online and text messages
- Step-1: Go to the official website of LIC —https://www.licindia.in/.
- Step-2: Then register to find out the status here.
- Step-3: Now, enter your date of birth, name, policy number.
- Step-4: Once registered, you can check your status at any time.
What is LIC maturity date?
What is Maturity Date? It is a date on which the principal amount of a note or draft or acceptance bond or another type of debt instrument becomes due and is repaid to the investor and the interest payments stop.
Is LIC’s Jeevan Saral policy still available?
One such policy is LIC’s Jeevan Saral policy which was quite popular among individuals when it was offered. The policy, however, has been withdrawn by the company. However, the company offers several life insurance plans, some of them combined with attractive investment options that make for a great overall package.
What are the riders of Jeevan Saral plan of LIC?
Riders: Jeevan Saral Plan of LIC has two additional riders: Term Rider: The minimum age of entry is 18 years and maximum age of entry is 50 years. Rs. 1 lakh is the minimum Sum Assured that can go up to a maximum of Rs. 25 lakhs.
What are the benefits of LIC Jeevan Saral?
Loyalty Benefits: LIC Jeevan Saral is a ‘with profit plan’, that contributes to the profits of the insurance company’s business.
What is surrender value of Jeevan Saral life insurance?
LIC Jeevan Saral Surrender Value: Purchasing life insurance is a long-term assurance and commitment. However, the plan offers the option of surrendering value on early policy termination. The surrender value will be higher than the value of guaranteed and special surrender. Partial surrenders are also available under this plan.