Lic Money back children assurance Policy Review plan no -113 Money back children assurance policy was INTRODUCED ON – 2/1/1995 and WITHDRAWN ON - 31/3/2002. Money back children assurance plan is a policy for children’s need i.e., it is mainly developed to facilitate provisions for educational expenses of children. Premiums come to an end on policy anniversary or immediately … [Read more...]

Lic New Bima gold Policy plan no - 179 Review Lic New Bima gold policy was INTRODUCED ON – 04/09/2006 and WITHDRAWN ON - It is a combination of Money back and Endowment type plan. Lic New Bima gold policy was re-introduced after withdrawal of Lic Bima gold plan - 174, with all features and benefits similar to plan -174 and New bima gold plan - 179 is also having additional … [Read more...]

LIC New Janaraksha Policy Review LIC New Janaraksha Plan-91 is a simple endowment policy with Profit and bonus facility. PLAN 87- JANARAKSHA INTRODUCED ON – 8/12/2008 WITHDRAWN ON- 1/11/89 NEW JANARAKSHA-91 INTRODUCED ON – 01/07/1985 WITHDRAWN ON  LIC New Janaraksha Policy is mainly designed for the needs of the rural population who are faced with fluctuating … [Read more...]

LIC NEW CHILDREN’S DEFERRED ASSURANCE Review LIC NEW CHILDREN’S DEFERRED ASSURANCE POLICY INTRODUCED ON – 01-09-1986 WITHDRAWN ON- 01-12-1997. LIC NEW CHILDREN’S DEFERRED ASSURANCE POLICY  is similar to lic children’s deferred endowment assurance plan no 41 & 50.Basic difference under New Children’s Deferred Assurance plan is plan risk will commence from the policy … [Read more...]

LIC Jeevan Surbhi  Policy Review Plan no:106,107,108 Introduction on LIC Jeevan Surbhi  Policy LIC Jeevan Surbhi policy is an enhanced version of money back plans with following characteristics: Different policy terms with different premium paying terms are available. Early and higher rate of survival benefit is available (Period for payment of survival benefit has … [Read more...]