Marriage Endowment/Educational Annuity Policy Review Marriage Endowment/Educational Annuity Plan NO- 90 is a With Profit Plan INTRODUCED on 01-07-1985 and WITHDRAWN on - Marriage Endowment/Educational Assurance plan is a kind of endowment policy.It is mainly suitable to meet the needs of marriage or higher education of the policyholder’s children .In case of early death of … [Read more...]

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children assurance Policy Review plan no -113 Money back children assurance policy was INTRODUCED ON – 2/1/1995 and WITHDRAWN ON - 31/3/2002.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 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 PLAN 87- JANARAKSHA INTRODUCED ON – 8/12/2008 WITHDRAWN ON- 1/11/89 NEW JANARAKSHA-91 INTRODUCED ON – 01/07/1985 WITHDRAWN ON  LIC New Janaraksha Policy is mainly designed for the needs of the rural population who are faced with fluctuating … [Read more...]

LIC NEW CHILDREN’S DEFERRED ASSURANCE Review LIC NEW CHILDREN’S DEFERRED ASSURANCE POLICY INTRODUCED ON – 01-09-1986 WITHDRAWN ON- 01-12-1997.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 Sukanya Policy Review LIC Jeevan Sukanya plan is specially designed and it is exclusively for female children aged between 1 to 12 years. LIC Jeevan Sukanya plan is a limited premium payment plan which provides risk cover after deferment period (Period between date of commencement of policy and first installment) on the life of female child and when she gets … [Read more...]