LIC Jeevan Surabhi

I have a LIC jeevan surabhi it is a soo bad it was not pay mony ti timely and it was not accpting it have policy is good but this policy not work only fake it was very bad when im have in accedint then lic agent not accpiting risk this compny service is not good every work in this compeny unaccpitavle lic agent are soo bad

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I have taken jiven surbhi, but I fill that it is not bebificial .rate of intrest is very low and wasted bonus make this plan worsed.money back in every forth year is not so benificial.premiam is high and risk cover is not so good.it should be seprate.service is good.but all over it is not so benificial.its mixture of low rate of intrest and low risk cover.

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Surabhi plan is similar to other money

back plans.However main differences in

regular money back plans and Jeevan Surabhi

are as under

Maturity term is more than premium paying

term.*

Early and higher rate of survival benefit

payment.*

Risk cover increases every five years.

Policy Terms : 15/20/25 years

Premium Paying Terms : 12/15/18 years

Min/Max Age in 15 years : 14/55

Suitable For *

This plan holds special interest

to people who besides wishing to provide

for their old age and family feel the

need for lump sum benefits at periodical

intervals.

Full sum assured is paid back as survival

benefit by the end of premium paying term.

However, the risk cover and additional

risk cover continue and the policy participates

in profits till the end of policy term.

Accident Benefit is restricted to the

premium paying period and to the overall

limit of Rs.5 lakhs on a single life.

Example :

Mr.Patel takes a Jeevan Surabhi (with profit) policy term being

15 years and sum assured being Rs.1, 00, 000/-. He pays an annual

premium of Rs.10, 863/- Every 4 years, he receives Rs.30, 000/-

Patel expires during the ninth year of the policy. His wife named

as his beneficiary receives the full sum assured plus 50 percent of

the sum assured plus an additional bonus.

If Patel were to expire during the 11th year, his wife would

receive twice the sum assured plus the bonus.

For More Information :

Contact : Naveen Gandhi

Phone : 9971152498

Email ID : gandhi.naveen@gmail.com

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ALL BOYS N GALS OUT THERE...

PLEASE SOMEONE CAN HELP ME OUT??

I DO NOT SEEMS TO HAVE AN OPTION TO MAKE MY PAYMENT THROUGH ONLINE, ESPECIALLY THROUGH MY CANARA BANK DEBIT/CREDIT CARD.

I WONDER, WHY  A COMPANY LIKE LIC IS NOT COORDINATING WITH CANARA BANK TO MAKE ALL THEIR PAYMENT THROUGH ONLINE!!!!

SO THAT NONE OF MY PAYMENT WILL DELAY FROM NOW ON...

I HAVE CONTACT CHENNAI OFFICE AS WELL AS MY BRANCH OFFICE TO KNOW A PROPER ANSWER TO MY CONCERN, BUT SO FAR NO ANSWER.

MANY A TIME, THE EMAIL TO LIC WENT IN VAIN...

I CAN SIGN IN AND SEE THE PAYMENT HISTORY BUT NOT AN OPTION TO PAY FROM MY CANARA BANK ONLINE AS CITED ABOVE.

JAFFAR KARINGA

----------------------------

EARLIER I HAVE MADE A NEGATIVE REVIEW ON LIC MONEY BACK GUARANTEE, BUT  AFTER THAT I HAVE RECEIVED MY MONEY, FOR WHICH I AM HAPPY

REGARDS

JAFFAR KARINGA

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Features:

The benefits of this policy can be considered only for standard and substandard lives Class I and II. It cannot be allowed for people engaged in hazardous occupations. Individuals engaged in dangerous pursuits will be rated against the revised tabular occupational extra rates.

Suitable For:

Being an endowment assurance policy, this plan is apt for people of of all ages and social groups who wish to protect their families from a financial setback that may occur owing to their demise. The amount assured if not paid by reason of his death earlier will payable at the end of the endowment term where it can be invested in an annuity provision for the rest of the policyholder's life or in any other way he may think most suitable at that time.

Special Features:

This policy covers the risk for triple the sum assured.

Besides the usual benefits offered by any endowment insurance plan, this policy provides for an additional insurance cover two times the sum assured in the event of a policy holder’s death during the term of the policy. In other words, the death claim in the case of this policy is thrice the basic sum assured.

For instance, if a person insured for Rs.1,000 under this policy were to die before its maturity, the death claim payable would be Rs.3,000 plus the accrued bonus on Rs.1,000, the basic sum assured. If the policy holder survives the full term of the policy, the payment on maturity would be Rs.1,000 plus the accumulated bonus.

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Benefits:

Benefit Illustration

Maturity Benefit:

Basic Sum assured along with vested bonuses will be payable on the life assured surviving till the end of the term.

Death Benefit:

Three times the basic sum assured together with vested bonuses if any, will be payable on death of the life assured during the term of assurance.

Bonuses:

Bonus additions will be reckoned on the basic sum assured at rates applicable to endowment assurance and will be payable at the end of the selected term or at death if it occurs earlier.

Accident Benefit:

Accident Benefit equivalent to the basic sum assured would also be available as pre existing rules. This would however, be subject to overall limit of Rs.5,00,000 in the aggregate including existing policies and also the payment of appropriate additional premiums in that behalf at the existing rate.

Full sum assured is paid back as survival benefit by the end of premium paying term. However, the risk cover and additional risk cover continue and the policy participates in profits till the end of policy term.

Accident Benefit is restricted to the premium paying period and to the overall limit of Rs.5 lakhs on a single life.

Suitable For:

This plan holds special interest to people who besides wishing to provide for their old age and family feel the need for lump sum benefits at periodical intervals.

Death Benefits:

If death occurs at anytime during the term of a policy (provided the policy has been kept in force by payment of all premiums that had fallen due), the basic sum assured along with the vested bonus will be paid. The survival benefits already paid, if any, will not be deducted from this claim amount. An additional amount (depending on the duration of the policy) will also be paid on death under such a policy. The additional amounts payable, at various stages are shown in the table given below.

Policy Ist 5

policy year

6th-10th

policy year

11th-15th

policy year

16th-20th

policy year

21st-26th

policy year

106 NIL 500 1000 NIL NIL

107 NIL 500 1000 1500 NIL

108 NIL 500 1000 1500 2000

more details at licofindia.95mb.com

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