Aug 11, 2009

LIC Jeevan Saathi Plus ULIP Insurance Plan New Launching

LIC's Jeevan Saathi Plus (Plan 197): This is a unit linked Joint Life plan wherein a couple can take insurance cover on their lives under a single policy. The proposer under this plan shall be called Principal Life Assured (P.L.A.) and the other life (wife/husband) shall be called Spouse Life Assured (S.L.A.).



Benefits:



· Custom Individual Risk Cover: Option to choose separate amount of risk cover for your self & your spouse



· Combined Risk Cover up to 30 times of the annualized premium can be opted.



· Premium payment modes: Single, Yearly, Half yearly, Quarterly or Monthly (ECS).



· Top-up premium option available.



· Choose your investment risk by investing in any of the 4 funds - BOND, SECURED, BALANCED or GROWTH



· 4 FREE fund switches in a year & there after with nominal charges.



· Liquidity: Partial Withdrawal option available.



· Premium Waiver Benefit: In event of Proposer's (PLA) death, future premiums are waived & an amount equal to all future premiums is added to fund.



· Auto Cover option available after 3 years



· Settlement option: Maturity benefit can be taken in lump sum or in installments (Half-yearly or Yearly). Read more. Ask our Agnet for your Calculation, Charts, Reviews Or Todays Latest NAV of LIC"s Eevan Saathi Plus



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