Inflation, based on the Wholesale Price Index (WPI), shoots up to 6.68% in the week ended March 15 from 5.92% in the previous week .this is really amazing how come the inflation is raising with a slowing economy .
http://www.avdhootinvestment.com
Mar 29, 2008
Sita Shree Food IPO Allotment Status
Sita Shree Food Products Limited IPO which was open from March 11, 2008 to March 14, 2008 was oversubscribed by 2.44 times and 4.1253 times on the retail side.Check Sita Shree IPO Allotment Status here.
Mr.Sameer Trivedi
http://www.avdhootinvestment.com
Mr.Sameer Trivedi
http://www.avdhootinvestment.com
Mar 27, 2008
Gammon Infra IPO Allotment Status
Gammon Infrastructure Projects Ltd IPO which was open from March 10, 2008 to March 13, 2008 was oversubscribed by 3.48 times and 1.0856 times on retail.Gammon Infra IPO Allotment can be checked here.
Mr.Sameer Trivedi
http://www.avdhootinvestment.com/
Mr.Sameer Trivedi
http://www.avdhootinvestment.com/
Mar 26, 2008
Sensex is on Fire today
BSE sensex up above 900 mark today due to short covering. Tomorrow also open with stronger upside.
Sameer Trivedi
http://www.avdhootinvestment.com
Sameer Trivedi
http://www.avdhootinvestment.com
Mar 23, 2008
Hurry! LIC's Market Plus is Closing within few days
Hurry! Few days remaining for closing of LIC's Market Plus Unit Linked Insurance Plan. Save tax on investment before 31March.
Mr.Sameer Trivedi
http://www.avdhootinvestment.com
Mr.Sameer Trivedi
http://www.avdhootinvestment.com
Mar 16, 2008
US market was down on news of Bear Stearns Liquidity Crisis
On Friday US market was down even after getting a good economic data because of the news that New York Fed and J P Morgan chase will provide emergency funding to bear Stearns to stave off liquidity problems arising from the credit crisis. They almost down by 50 percent and also it brought down dow jones by almost 200 points.
Mr.Sameer Trivedi
http://www.avdhootinvestment.com
Mr.Sameer Trivedi
http://www.avdhootinvestment.com
Mar 11, 2008
Reliance Infrastructure Ltd - New name for Reliance Energy
Reliance Energy Board informed the market that it has approved name change to Reliance Infrastructure Ltd, Im really not sure why they are changing names like this and also thinking that they already have some company with this name .They will have it final after approval from the share holder.
http://www.avdhootinvestment.com
http://www.avdhootinvestment.com
Mar 5, 2008
The Endowment Insurance Policy-Limited Payment LIC
The Endowment Life Insurance Policy-Limited Payment LIC
Just as in the case of limited payment whole life polices, here, too, the payment of premium can be limited either to a single payment or to a term shorter than the policy. The endowment is, however, payable only at the end of the policy term, or on death of the policy holder if it takes place earlier.If payment of the premiums ceases after at least three years' premiums have been paid, a free paid-up Policy for an amount bearing the same proportion to the sum assured as the number of premiums actually paid bears to the number stipulated for in the policy, will be automatically secured provided the reduced sum assured, exclusive of any attached bonus, is not less than Rs.250.Such reduced paid-up Policy will not be entitled to participate in the profits declared thereafter, but such Bonus as has already been declared on the Policy will remain attached hereto.LIC of India's Endowment Insurance
http://www.avdhootinvestment.com
Just as in the case of limited payment whole life polices, here, too, the payment of premium can be limited either to a single payment or to a term shorter than the policy. The endowment is, however, payable only at the end of the policy term, or on death of the policy holder if it takes place earlier.If payment of the premiums ceases after at least three years' premiums have been paid, a free paid-up Policy for an amount bearing the same proportion to the sum assured as the number of premiums actually paid bears to the number stipulated for in the policy, will be automatically secured provided the reduced sum assured, exclusive of any attached bonus, is not less than Rs.250.Such reduced paid-up Policy will not be entitled to participate in the profits declared thereafter, but such Bonus as has already been declared on the Policy will remain attached hereto.LIC of India's Endowment Insurance
http://www.avdhootinvestment.com
LIC Jeevan Bharti Life Insurance Policy Detail
LIC Jeevan Bharti Life Insurance Policy Detail
Product summary:This is a with-profits plan offered to women. It provides life insurance cover throughout the term of the plan along with the periodic payments on survival at specified durations during the policy term. The plan also provides the cover against affliction of certain Female Critical Illnesses and occurrence of certain Congenital Disabilities in newly born children.Premium:Premiums at yearly intervals are payable throughout the term of the policy or till earlier death. After at least two full years’ premiums have been paid, full insurance cover is available even when premiums are not paid for up to three years. Premium for congenital disability benefit ceases at policy anniversary after the life assured completes the age of 40 years.Guaranteed Additions during the first 5 years:During the first 5 years, Guaranteed Additions of Rs.50/- per Rs.1000/- Sum Assured will be added to the policy at the end of each completed year for which premium is paid.Bonuses after the first 5 years:This is a with-profit plan and participates in the profits of the Corporation’s life insurance business after 5 years. It gets a share of the profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan. A Final (Additional) Bonus may also be payable provided a policy has run for certain minimum period. LIC of India. Jeevan Bharati
http://www.avdhootinvestment.com
Product summary:This is a with-profits plan offered to women. It provides life insurance cover throughout the term of the plan along with the periodic payments on survival at specified durations during the policy term. The plan also provides the cover against affliction of certain Female Critical Illnesses and occurrence of certain Congenital Disabilities in newly born children.Premium:Premiums at yearly intervals are payable throughout the term of the policy or till earlier death. After at least two full years’ premiums have been paid, full insurance cover is available even when premiums are not paid for up to three years. Premium for congenital disability benefit ceases at policy anniversary after the life assured completes the age of 40 years.Guaranteed Additions during the first 5 years:During the first 5 years, Guaranteed Additions of Rs.50/- per Rs.1000/- Sum Assured will be added to the policy at the end of each completed year for which premium is paid.Bonuses after the first 5 years:This is a with-profit plan and participates in the profits of the Corporation’s life insurance business after 5 years. It gets a share of the profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan. A Final (Additional) Bonus may also be payable provided a policy has run for certain minimum period. LIC of India. Jeevan Bharati
http://www.avdhootinvestment.com
LIC's Mortgage Redemption Policy Plan Features
Features: The Mortgage Redemption Assurance policy (without profits) plan is designed to meet the requirements of the policy holding individual who seeks to ensure that all his outstanding loans and debts are automatically paid up in the event of his demise.Under the Mortgage Redemption Assurance policy (without profits)The proponent will have to bear the cost of the mandatory medical examination.The policies are usually issued only to male lives aged 50 years or lesser.The policies are subject to a condition that the insurance cover would not extend beyond 65 years. All loans must be liquidated by the time the borrower attains the age of 65.The policies bear no surrender value.
Suitable For:Middle-aged to elderly professionals whose dependents might need assistance in clearing their debts in case of their unexpected demise are most suited for the Mortgage Redemption Assurance policy.LIC of India
http://www.avdhootinvestment.com
Suitable For:Middle-aged to elderly professionals whose dependents might need assistance in clearing their debts in case of their unexpected demise are most suited for the Mortgage Redemption Assurance policy.LIC of India
http://www.avdhootinvestment.com
LIC Jeevan Vishwas Plan Policy Detail Features
Product summary:This is an Endowment Assurance plan designed for the benefit of handicapped dependants.
Premiums:Premiums are payable quarterly, half-yearly or yearly throughout the term of the policy or till the earlier death. Alternatively, the premium may be paid in one lump sum (single premium).
Guaranteed Additions:The policy provides for the Guaranteed additions at the rate of Rs.60 per thousand Sum Assured for each completed policy year while the policy is in full force. The Guaranteed Additions are payable at the end of the policy term or on earlier death.
Loyalty Additions:This is a with-profit plan and participates in the profits of the Corporation’s life insurance business. It gets a share of the profits in the form of loyalty additions which are terminal bonuses payable along with death or maturity benefit. Loyalty addition may be payable from fifth year onwards depending on the experience of the Corporation.
http://www.avdhootinvestment.com
Premiums:Premiums are payable quarterly, half-yearly or yearly throughout the term of the policy or till the earlier death. Alternatively, the premium may be paid in one lump sum (single premium).
Guaranteed Additions:The policy provides for the Guaranteed additions at the rate of Rs.60 per thousand Sum Assured for each completed policy year while the policy is in full force. The Guaranteed Additions are payable at the end of the policy term or on earlier death.
Loyalty Additions:This is a with-profit plan and participates in the profits of the Corporation’s life insurance business. It gets a share of the profits in the form of loyalty additions which are terminal bonuses payable along with death or maturity benefit. Loyalty addition may be payable from fifth year onwards depending on the experience of the Corporation.
http://www.avdhootinvestment.com
LIC Jeevan Adhar Insurance Policy Plan Detail
LIC Jeevan Adhar
Product summary:This plan may be offered to a person who has a handicapped dependant satisfying conditions as specified in Section 80DDA of Income Tax Act, 1961. The plan provides life insurance cover throughout the lifetime of the purchaser. The benefits under the plan are for the handicapped dependant which are partly in lump sum and partly in the form of an annuity.The premiums paid under this plan are eligible for Income Tax relief under Section 80DDA of Income Tax Act.
Premiums:Premiums are payable yearly, half-yearly, quarterly, monthly or through Salary deductions, as opted by you, within the selected premium paying terms of 10, 15, 20, 25, 30 or 35 years or till the earlier death. Alternatively, the premiums may be paid in one lump sum (Single Premium).
Guaranteed Additions:The policy provides for the Guaranteed Additions at the rate of Rs.100 per thousand Sum Assured for each completed policy year. The Guaranteed Additions will accrue up to age 65 of the life assured or till his/her death, if earlier.
Terminal Additions:This is a with-profits plan and participates in the profits of the Corporation’s life insurance business. It gets a share of the profits in the form of Terminal Additions. The policy will be entitled for Terminal Additions if at least 10 years premiums have been paid. The Terminal additions would depend on the future experience of the Corporation.
http://www.avdhootinvestment.com
Product summary:This plan may be offered to a person who has a handicapped dependant satisfying conditions as specified in Section 80DDA of Income Tax Act, 1961. The plan provides life insurance cover throughout the lifetime of the purchaser. The benefits under the plan are for the handicapped dependant which are partly in lump sum and partly in the form of an annuity.The premiums paid under this plan are eligible for Income Tax relief under Section 80DDA of Income Tax Act.
Premiums:Premiums are payable yearly, half-yearly, quarterly, monthly or through Salary deductions, as opted by you, within the selected premium paying terms of 10, 15, 20, 25, 30 or 35 years or till the earlier death. Alternatively, the premiums may be paid in one lump sum (Single Premium).
Guaranteed Additions:The policy provides for the Guaranteed Additions at the rate of Rs.100 per thousand Sum Assured for each completed policy year. The Guaranteed Additions will accrue up to age 65 of the life assured or till his/her death, if earlier.
Terminal Additions:This is a with-profits plan and participates in the profits of the Corporation’s life insurance business. It gets a share of the profits in the form of Terminal Additions. The policy will be entitled for Terminal Additions if at least 10 years premiums have been paid. The Terminal additions would depend on the future experience of the Corporation.
http://www.avdhootinvestment.com
Children's Deferred Endowment Assurance Plan
Children's Deferred Endowment Assurance Plan
Product Summary:This is an Endowment Assurance plan designed to enable a parent or a legal guardian or any near relative of the child (called proposer) to provide insurance cover on the life of the child (called life assured). The plan has two stages, one covering the period from the date of commencement of policy to the Deferred Date (called deferment period) and the other covering the period from the Deferred Date to the date of maturity. The insurance cover on the child’s life starts from the Deferred Date and is available during the latter period.
The Deferred Date in case of Plan No 41 is the policy anniversary date coinciding with or next following the date on which the child completes 21 years of age. In case of Plan No 50 it is the policy anniversary date coinciding with or next following the 18th birthday of the child.
Premiums:Premiums are payable yearly, half-yearly, quarterly or monthly and this shall cease on the death of the life assured . Premiums are waived on death of Proposer provided this benefit is availed.
Bonuses:This is a with-profits plan and participates in the profits of the Corporation’s life insurance business after the deferred date. It gets a share of the profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan.LIC: LIC of India
http://www.avdhootinvestment.com/
Product Summary:This is an Endowment Assurance plan designed to enable a parent or a legal guardian or any near relative of the child (called proposer) to provide insurance cover on the life of the child (called life assured). The plan has two stages, one covering the period from the date of commencement of policy to the Deferred Date (called deferment period) and the other covering the period from the Deferred Date to the date of maturity. The insurance cover on the child’s life starts from the Deferred Date and is available during the latter period.
The Deferred Date in case of Plan No 41 is the policy anniversary date coinciding with or next following the date on which the child completes 21 years of age. In case of Plan No 50 it is the policy anniversary date coinciding with or next following the 18th birthday of the child.
Premiums:Premiums are payable yearly, half-yearly, quarterly or monthly and this shall cease on the death of the life assured . Premiums are waived on death of Proposer provided this benefit is availed.
Bonuses:This is a with-profits plan and participates in the profits of the Corporation’s life insurance business after the deferred date. It gets a share of the profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan.LIC: LIC of India
http://www.avdhootinvestment.com/
LIC Children's Deferred Endowment Assurance Plan
LIC Children's Deferred Endowment Assurance Plan
Product Summary:This is an Endowment Assurance plan designed to enable a parent or a legal guardian or any near relative of the child (called proposer) to provide insurance cover on the life of the child (called life assured). The plan has two stages, one covering the period from the date of commencement of policy to the Deferred Date (called deferment period) and the other covering the period from the Deferred Date to the date of maturity. The insurance cover on the child’s life starts from the Deferred Date and is available during the latter period.
The Deferred Date in case of Plan No 41 is the policy anniversary date coinciding with or next following the date on which the child completes 21 years of age. In case of Plan No 50 it is the policy anniversary date coinciding with or next following the 18th birthday of the child.
Premiums:Premiums are payable yearly, half-yearly, quarterly or monthly and this shall cease on the death of the life assured . Premiums are waived on death of Proposer provided this benefit is availed.
Bonuses:This is a with-profits plan and participates in the profits of the Corporation’s life insurance business after the deferred date. It gets a share of the profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan.LIC of India
http://www.avdhootinvestment.com/
Product Summary:This is an Endowment Assurance plan designed to enable a parent or a legal guardian or any near relative of the child (called proposer) to provide insurance cover on the life of the child (called life assured). The plan has two stages, one covering the period from the date of commencement of policy to the Deferred Date (called deferment period) and the other covering the period from the Deferred Date to the date of maturity. The insurance cover on the child’s life starts from the Deferred Date and is available during the latter period.
The Deferred Date in case of Plan No 41 is the policy anniversary date coinciding with or next following the date on which the child completes 21 years of age. In case of Plan No 50 it is the policy anniversary date coinciding with or next following the 18th birthday of the child.
Premiums:Premiums are payable yearly, half-yearly, quarterly or monthly and this shall cease on the death of the life assured . Premiums are waived on death of Proposer provided this benefit is availed.
Bonuses:This is a with-profits plan and participates in the profits of the Corporation’s life insurance business after the deferred date. It gets a share of the profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan.LIC of India
http://www.avdhootinvestment.com/
LIC Jeevan Chhaya Policy by LIC of India
LIC Jeevan Chhaya Policy by LIC of India
Product summary:This is an Endowment Assurance plan that provides financial protection against death throughout the term of the plan. Besides payment of Sum Assured immediately on death, one-fourth of Sum Assured is payable at the end of each of last four years of policy term whether the life assured dies or survives the term of the policy.Premiums:Premiums are payable yearly, half-yearly, quarterly, monthly or through salary deductions as opted by you throughout the term of the policy or till the earlier death.Bonuses:This is a with-profits plan and participates in the profits of the Corporation’s life insurance business. It gets a share of profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan. Bonuses for full term on the full Sum assured are paid at the end of the term even if death occurs during policy term. Final (Additional) Bonus may also be payable provided policy has run for certain minimum period.LIC
http://www.avdhootinvestment.com/
http://www.avdhootinvestment.com/
LIC's Jeevan Chhaya Policy Plan Features Detail
LIC's Jeevan Chhaya Policy Plan Features Detail
Product summary:This is an Endowment Assurance plan that provides financial protection against death throughout the term of the plan. Besides payment of Sum Assured immediately on death, one-fourth of Sum Assured is payable at the end of each of last four years of policy term whether the life assured dies or survives the term of the policy.Premiums:Premiums are payable yearly, half-yearly, quarterly, monthly or through salary deductions as opted by you throughout the term of the policy or till the earlier death.Bonuses:This is a with-profits plan and participates in the profits of the Corporation’s life insurance business. It gets a share of profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan. Bonuses for full term on the full Sum assured are paid at the end of the term even if death occurs during policy term. Final (Additional) Bonus may also be payable provided policy has run for certain minimum period.LIC of India.
http://www.avdhootinvestment.com
Product summary:This is an Endowment Assurance plan that provides financial protection against death throughout the term of the plan. Besides payment of Sum Assured immediately on death, one-fourth of Sum Assured is payable at the end of each of last four years of policy term whether the life assured dies or survives the term of the policy.Premiums:Premiums are payable yearly, half-yearly, quarterly, monthly or through salary deductions as opted by you throughout the term of the policy or till the earlier death.Bonuses:This is a with-profits plan and participates in the profits of the Corporation’s life insurance business. It gets a share of profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan. Bonuses for full term on the full Sum assured are paid at the end of the term even if death occurs during policy term. Final (Additional) Bonus may also be payable provided policy has run for certain minimum period.LIC of India.
http://www.avdhootinvestment.com
Marriage Endowment Or Educational Annuity Plan
Product summary:This is an Endowment Assurance plan that provides for benefits on or from the selected maturity date to meet the Marriage/Educational expenses of the named child.
Premiums:Premiums are payable yearly, half-yearly, quarterly, monthly or through Salary deductions, as opted by you, throughout the term of the policy or earlier death.
Bonuses:This is a with-profit plan and participates in the profits of the Corporation’s life insurance business. It gets a share of the profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan. Such bonuses are to be added till maturity even if the life assured dies before the maturity date. Final (Additional) Bonus may also be payable provided a policy is of a certain minimum term.
http://www.avdhootinvestment.com
Premiums:Premiums are payable yearly, half-yearly, quarterly, monthly or through Salary deductions, as opted by you, throughout the term of the policy or earlier death.
Bonuses:This is a with-profit plan and participates in the profits of the Corporation’s life insurance business. It gets a share of the profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan. Such bonuses are to be added till maturity even if the life assured dies before the maturity date. Final (Additional) Bonus may also be payable provided a policy is of a certain minimum term.
http://www.avdhootinvestment.com
LIC's Child Career Plan Life Insurance Policy Detail
LIC's Child Career Plan Life Insurance Policy Detail
Introduction:This plan is specially designed to meet the increasing educational and other needs of growing children. It provides the risk cover on the life of child not only during the policy term but also during the extended term (i.e. 7 years after the expiry of policy term). A number of Survival benefits are payable on surviving by the life assured to the end of the specified durations.
Options:
You may choose Sum Assured (S.A.), Maturity Age, Policy Term, Mode of Premium payment and Premium Waiver Benefit.
Payment of Premiums:
You may pay the premiums regularly at yearly, half-yearly, quarterly or through Salary deductions over the term of policy. Premiums may be paid either for 6 years or upto 5 years before the policy term. For more detail on LIC Child Career Plan Visit www.avdhootinvestment.com or mailus on sameer.lic@gmail.com for your Child's Insurance Free Quotes Plan Presentation in Detail.
Introduction:This plan is specially designed to meet the increasing educational and other needs of growing children. It provides the risk cover on the life of child not only during the policy term but also during the extended term (i.e. 7 years after the expiry of policy term). A number of Survival benefits are payable on surviving by the life assured to the end of the specified durations.
Options:
You may choose Sum Assured (S.A.), Maturity Age, Policy Term, Mode of Premium payment and Premium Waiver Benefit.
Payment of Premiums:
You may pay the premiums regularly at yearly, half-yearly, quarterly or through Salary deductions over the term of policy. Premiums may be paid either for 6 years or upto 5 years before the policy term. For more detail on LIC Child Career Plan Visit www.avdhootinvestment.com or mailus on sameer.lic@gmail.com for your Child's Insurance Free Quotes Plan Presentation in Detail.
Child Future Plan Product Summary
Introduction:This plan is specially designed to meet the increasing educational, marriage and other needs of growing children. It provides the risk cover on the life of child not only during the policy term but also during the extended term (i.e. 7 years after the expiry of policy term). A number of Survival benefits are payable on surviving by the life assured to the end of the specified durations.
Options:You may choose Sum Assured (S.A.), Maturity Age, Policy Term, Mode of Premium payment and Premium Waiver Benefit.
Payment of Premiums:You may pay the premiums regularly at yearly, half-yearly, quarterly or through Salary deductions over the term of policy. Premiums may be paid either for 6 years or upto 5 years before the policy term.
2 %o S.A.
Mr.Sameer Trivedi
http://www.avdhootinvestment.com/
Options:You may choose Sum Assured (S.A.), Maturity Age, Policy Term, Mode of Premium payment and Premium Waiver Benefit.
Payment of Premiums:You may pay the premiums regularly at yearly, half-yearly, quarterly or through Salary deductions over the term of policy. Premiums may be paid either for 6 years or upto 5 years before the policy term.
2 %o S.A.
Mr.Sameer Trivedi
http://www.avdhootinvestment.com/
LIC's Jeevan Anurag Product Information Life Insurance Detail
Benefits
LIC’s Jeevan ANURAG is a with profits plan specifically designed to take care of the educational needs of children. The plan can be taken by a parent on his or her own life. Benefits under the plan are payable at prespecified durations irrespective of whether the Life Assured survives to the end of the policy term or dies during the term of the policy. In addition, this plan also provides for an immediate payment of Basic Sum Assured amount on death of the Life Assured during the term of the policy.
Assured Benefit
Payment of 20% of the Basic Sum Assured at the start of every year during last 3 policy years before maturity. At maturity, 40% of the Basic Sum Assured along with reversionary bonuses declared from time to time on full Sum Assured for the full term and the Terminal bonus, if any shall be payable. For example, if term of the policy is 20 years, 20% of the Sum assured will be payable at the end of the 17th,18th, 19th year and 40% of the Sum Assured along with the reversionary bonuses and the terminal bonus, if any, at the end of the 20th year.
Death Benefits:
Payment of an amount equal to Sum Assured under the basic plan immediately on the death of the life assured.
Contact Mr.Sameer Trivedi for more detail on LIc's Jeevan Anurag visit www.avdhootinvestment.com or mail us on sameer.lic@gmail.com for Free Plan Presentation/Quotation.
LIC’s Jeevan ANURAG is a with profits plan specifically designed to take care of the educational needs of children. The plan can be taken by a parent on his or her own life. Benefits under the plan are payable at prespecified durations irrespective of whether the Life Assured survives to the end of the policy term or dies during the term of the policy. In addition, this plan also provides for an immediate payment of Basic Sum Assured amount on death of the Life Assured during the term of the policy.
Assured Benefit
Payment of 20% of the Basic Sum Assured at the start of every year during last 3 policy years before maturity. At maturity, 40% of the Basic Sum Assured along with reversionary bonuses declared from time to time on full Sum Assured for the full term and the Terminal bonus, if any shall be payable. For example, if term of the policy is 20 years, 20% of the Sum assured will be payable at the end of the 17th,18th, 19th year and 40% of the Sum Assured along with the reversionary bonuses and the terminal bonus, if any, at the end of the 20th year.
Death Benefits:
Payment of an amount equal to Sum Assured under the basic plan immediately on the death of the life assured.
Contact Mr.Sameer Trivedi for more detail on LIc's Jeevan Anurag visit www.avdhootinvestment.com or mail us on sameer.lic@gmail.com for Free Plan Presentation/Quotation.
Mar 3, 2008
Sensex Might Crash on Monday - Global Market Worry
Sensex is due for another big crash coming week , we all know that it did crash on Friday after Budget as there was nothing from the Budget that would benefit much for the India Inc , Except FMCG and Automobile Sector , there was nothing that can be talked about , Another think waiver of around 60000 crores might burn some Public Sector Banks Balance sheet have to hear more verdict on this , Then the increase of Short term Gain tax from 10 to 15 percent might also have some negative effect but on the long run it would be positive because they might not sell frequently and hold it, which will in turn make the market better and not too volatile.Anyway to close this post market will crash on Monday not just because of these domestic reasons but mainly because Dow jones crashed by more than 300 points which will make Asian market to start lower and that will also reflect on out Indian market, See my Previous post for the Dow jones crash on Friday
Mr.Sameer Trivedi
http://www.avdhootinvestment.com
Mr.Sameer Trivedi
http://www.avdhootinvestment.com
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