Tag Archives: Single Premium

LIC's Jeevan Utkarsh 846

LIC’s Jeevan Utkarsh Plan Table No. 846

Recently, LIC has launched a Single Premium new Endowment Plan Jeevan Utkarsh Table No 846. Unique features of this plans are explained along with the example in this article. This plan has death sum assured approximately 10 times the Single premium paid and term of the policy is 12 years. Individuals from age of 6 years to the age of 47 years can opt for this plan. This is the best option for falling interest rate. Highlights of the Plan Jeevan Utkarsh 846 Single Premium. 12 years Policy Term. 6-year Minimum Entry age and maximum 47 years. Rs. 75,000/- Minimum Sum Continue Reading »

new_bima_bachat-816

LIC’s New Bima Bachat Plan Table No. 816

LIC’s new Bima Bachat 816 is a Single premium, non-linked Endowment Assurance Plan with Profit. Other benefits are also available under this plan like tax benefits, loan facility, and Surrender value at any time etc. Sum Assured: Minimum limit for the sum assured are Rs. 35,000/- (9 Year Term), Rs. 50,000/-(12 Year Term), Rs. 75,000/- (15 Year Term) and there is no maximum limit. Policy Term: 9, 12 and 15 Years. Premium Paying Term: Single Premium Policy. Entry Age: The minimum entry age of the policy holder should be 15 years and the maximum age limit is 66 Years (in 9 years Term), Continue Reading »