Compare LIC’s Jeevan Rakshak Plan with other insurance plans and buy. Check details, benefits, eligibility, documentation and read reviews at PolicyBazaar. Jeevan Rakshak (Plan ) is a regular premium paying Endowment Assurance plan from LIC of India. Read complete details with calculators. LIC is going to launch new plan – Jeevan Rakshak, Table No Plan introduce on 19 August and can also be known as Aam Aadami.

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So, we can convince them a portion of it can be routed to term insurance and remaining portion into income generating investment options. Sum Assured – Rs.

LIC Jeevan Rakshak

How helpful was this page? Above all this plan jedvan stand alone and will not be clubbed with other insurance coverage while calculating risk. Best investment options in India. Which is the best in the following two 1.

Session expired Please log in again. Mr X has that policy for sum assured of Rs 5 Lakh.

LIC Jeevan Rakshak is a good policy and if you have a low budget and want to get some good returns in future so you can go for it without any hesitation. If your investment horizon is long term, consider investing in equity mutual funds. You may buy a term insurance plan from any company that meets pla requirements.

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Company Information About Us. I have 22 years of experience in the Life Insurance sector and eager to share with all of you. If agents scribes death benefits people ask him to get lost. Reply SK Feb 9, If Anurag dies after 15 policy years His nominee gets the highest of the following:. Insurance does not make money, we have to work and make money.

Another aspect,psychology of the people. I can 82 say that i have convinced around 52 raksuak to take term insurance in the last 3 years. Time limit is exhausted.

Life Insurance Corporation of India – Jeevan Rakshak

Before buying life insurance policy try to evaluate if the sum assured is sufficient to cover your life?

Consider buying a Term plan with adequate life insurance cover. So, kindly first analyze do you have sufficient life insurance coverage before opting for this kind of plan. Basic Sum assured by the company before taking this policy: Term insurance Vs Endowment plans.

LIC Jeevan Rakshak (Plan ) – Details with Premium and Benefit Calculators – Insurance Funda

Please log in again. Please give your suggestion for a regular investment of a Rs. In plab of accidental death, the Accident Benefit Sum Assured will be payable as lumpsum along with the death benefit under the basic plan. Basic Sum Assured – this is the amount of cover that you want.

Also, make sure he updates the nominee name in the policy. Pl tell me if something is wrong in this.

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Ranga Rao — the suitability of a financial product depends 872 many factors. In case of the death of the policyholder before the end of the policy term, the nominee will receive the highest of the following:. In the above example, we have seen that the policy holder 30 years old has to pay a premium of Rs 7, for a Sum Assured of Rs 2 Lakh.

LIC Jeevan Rakshak (Plan 827) – Details with Premium and Benefit Calculators

Good to keep the investors informed of the pros and cons. This plan provides financial support for the family in case of unfortunate death of the policyholder any time before maturity and a lump sum amount at jdevan time of maturity for the surviving policyholder. But i dont have much idea about this plan and my age is Reply Dharmil shah Aug 31, 7: According rakshk the terms and condition of this policy, it performs under the bonuses of the company so it always accumulates the loyalty addition.

Reply Pardeep Kumar Dec 2, 7: