* Our Happy Family Floater aspires to protect you against escalating medical cost and supports you in creating a healthy tomorrow for yourself and your near-ones.It is an extensive cover for medical expenses of illness and accidents requiring in patient hospitalization. Optional covers are available for Personal Accident (Worldwide). In addition, an add-on benefit of "Life hardship Survival" can be availed for certain critical diseases.
* The Happy Family Floater is available in Silver and Gold variants. The cover amount ranges from Rs. 1- 10 lacs.
Key Benefits of Happy Family Floater:
* Wide coverage for the whole family (Self and Spouse, dependent, unemployed children below 25 years of Age, unmarried/divorced/widowed daughter and dependent parents-in-law.
* Start with a smaller Sum Insured and increase it over the years as per your requirement (subject to policy conditions).
* Tax relief under section 80 D of the Income Tax act.
* Medical Check-up is required only for insured aged 60 years and above.
* Use your Happy Family floater ID card at more than 5000 Hospitals and avail cashless treatment (only on hospitalization) no more hassles of arranging money when you need it most.
* Pre-existing diseases covered from the fourth consecutive renewal.. Click here for Mediclaim Floater
For more Detail Visit Avdhoot Investment
Showing posts with label insurance. Show all posts
Showing posts with label insurance. Show all posts
Aug 11, 2009
Sep 13, 2008
LIC's Money Back Life Insurance Policy Plan Features Detail
LIC Money Back Life Insurance Policy Plan Features Detail
Plan Highlights
Features
Unlike ordinary endowment insurance plans where the survival benefits are payable only at the end of the endowment period, this scheme provides for periodic payments of partial survival benefits as follows during the term of the policy, of course so long as the policy holder is alive.
Survival Benefits:
This scheme provides for periodic payments of partial survival benefits as follows, during the
term of the policy, so long as the policy holder is alive.
• At end of 5 years , 10 years & 15 years 20% of Sum Assured
• At end of 20 years 40% of Sum Assured and
• On Maturity, the policyholder will receive the balance sum assured as given above plus the vested bonus(if any).
Death Benefits:
Full sum assured plus bonus irrespective of survival benefits taken.
For more Detail on LIC Money Back Life Insurance Policy Reviews Plan Features Detail Visit Avdhoot Investment
Plan Highlights
Features
Unlike ordinary endowment insurance plans where the survival benefits are payable only at the end of the endowment period, this scheme provides for periodic payments of partial survival benefits as follows during the term of the policy, of course so long as the policy holder is alive.
Survival Benefits:
This scheme provides for periodic payments of partial survival benefits as follows, during the
term of the policy, so long as the policy holder is alive.
• At end of 5 years , 10 years & 15 years 20% of Sum Assured
• At end of 20 years 40% of Sum Assured and
• On Maturity, the policyholder will receive the balance sum assured as given above plus the vested bonus(if any).
Death Benefits:
Full sum assured plus bonus irrespective of survival benefits taken.
For more Detail on LIC Money Back Life Insurance Policy Reviews Plan Features Detail Visit Avdhoot Investment
Sep 12, 2008
LIC's Jeevan Kishore Policy Plan Features Detail
LIC's Jeevan Kishore Policy Plan Features Detail
Product summary:Jeevan Kishore is an Endowment Assurance Plan available for children of less than 12 years of age. The policy may be purchased by any of the parent/grand parent.
Commencement of risk cover:
The risk commences either after 2 years from the date of commencement of policy or from the policy anniversary immediately following the completion of 7 years of age of child, whichever is later.
Premiums:Premiums are payable yearly, half-yearly, quarterly or monthly throughout the term of the policy or till earlier death of child.
Bonuses: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 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 policy has run for certain minimum period.
For more Detail on LIC's Jeevan Kishore Endowment Plan Visit here or Ask to our expert for detail Plan Presentation free quotes for your Child here
Product summary:Jeevan Kishore is an Endowment Assurance Plan available for children of less than 12 years of age. The policy may be purchased by any of the parent/grand parent.
Commencement of risk cover:
The risk commences either after 2 years from the date of commencement of policy or from the policy anniversary immediately following the completion of 7 years of age of child, whichever is later.
Premiums:Premiums are payable yearly, half-yearly, quarterly or monthly throughout the term of the policy or till earlier death of child.
Bonuses: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 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 policy has run for certain minimum period.
For more Detail on LIC's Jeevan Kishore Endowment Plan Visit here or Ask to our expert for detail Plan Presentation free quotes for your Child here
LIC's Komal Jeevan Life Insurance Policy Features
LIC Komal Jeevan Life Insurance Policy Features
Product summary:
LIC's Komal Jeevan is a Children's Money Back Plan that provides financial protection against death during the term of plan with periodic payments on survival at specified durations. This plan can be purchased by any of the parent or grand parent for a child aged 0 to 10 years.
Commencement of risk cover:
The risk commences either after 2 years from the date of commencement of policy or from the policy anniversary immediately following the completion of 7 years of age of child, whichever is later.
Premiums:
Premiums are payable yearly, half-yearly, quarterly, monthly or through Salary deductions, as opted by you, up to the policy anniversary immediately after the life assured (child) attains 18 years of age or till the earlier death of the life assured. Alternatively, the premium may be paid in one lump sum (Single premium).
Guaranteed Additions:
The policy provides for theGuaranteed Additions at the rate of Rs.75 per thousand Sum Assured for each completed year. The Guaranteed Additions are payable at the end of the term of the policy or earlier death of the Life Assured.
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 depending on the experience of the Corporation.
For more Detail on Komal Jeevan Click here or ask our Experts on Feedback Form for Premium Quotes & Examples on Your Child Insurance needs.
Product summary:
LIC's Komal Jeevan is a Children's Money Back Plan that provides financial protection against death during the term of plan with periodic payments on survival at specified durations. This plan can be purchased by any of the parent or grand parent for a child aged 0 to 10 years.
Commencement of risk cover:
The risk commences either after 2 years from the date of commencement of policy or from the policy anniversary immediately following the completion of 7 years of age of child, whichever is later.
Premiums:
Premiums are payable yearly, half-yearly, quarterly, monthly or through Salary deductions, as opted by you, up to the policy anniversary immediately after the life assured (child) attains 18 years of age or till the earlier death of the life assured. Alternatively, the premium may be paid in one lump sum (Single premium).
Guaranteed Additions:
The policy provides for theGuaranteed Additions at the rate of Rs.75 per thousand Sum Assured for each completed year. The Guaranteed Additions are payable at the end of the term of the policy or earlier death of the Life Assured.
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 depending on the experience of the Corporation.
For more Detail on Komal Jeevan Click here or ask our Experts on Feedback Form for Premium Quotes & Examples on Your Child Insurance needs.
Sep 11, 2008
Private Car Package Policy Insurance Detail
Private Car Package Policy
Brief Description :
A Private Car is defined as any transport vehicle /car /omnibus whose unladen weight does not exceed 7,500 kgms and is used only for social,domestic and pleasure purpose and insured's own business. The policy does not cover use for Hire or Reward, Organised racing, Speed testing and carriage of goods (other than samples) in connection with any trade or business or use for any purpose in connection with MOTOR TRADE. On payment of extra premium the policy may be extended for Personal Accident cover as well.
Covered Risks :
Fire,Explosion, Lightning,Burglary and Theft,Riot and Strike, Typhoon,Hurricane,Storm, Tempest, Malicious act,Earthquake,Flood,Terrorist activity,Landslide/Rockslide. It also covers damages by accidental, external means while in transit by rail/road, inland water, lift or air in addition to the legal liability required by law
Major Exclusions :
Consequential loss,Depreciation,Wear & tear, Mechanical/ electrical breakdown, failures or breakages,Damage to tyres unless the motor car is damaged at the same time and any accidental loss or damage suffered while the person driving is under the influence of intoxicating liquor or drugs.
For more Detail Visit Avdhoot Investment
Brief Description :
A Private Car is defined as any transport vehicle /car /omnibus whose unladen weight does not exceed 7,500 kgms and is used only for social,domestic and pleasure purpose and insured's own business. The policy does not cover use for Hire or Reward, Organised racing, Speed testing and carriage of goods (other than samples) in connection with any trade or business or use for any purpose in connection with MOTOR TRADE. On payment of extra premium the policy may be extended for Personal Accident cover as well.
Covered Risks :
Fire,Explosion, Lightning,Burglary and Theft,Riot and Strike, Typhoon,Hurricane,Storm, Tempest, Malicious act,Earthquake,Flood,Terrorist activity,Landslide/Rockslide. It also covers damages by accidental, external means while in transit by rail/road, inland water, lift or air in addition to the legal liability required by law
Major Exclusions :
Consequential loss,Depreciation,Wear & tear, Mechanical/ electrical breakdown, failures or breakages,Damage to tyres unless the motor car is damaged at the same time and any accidental loss or damage suffered while the person driving is under the influence of intoxicating liquor or drugs.
For more Detail Visit Avdhoot Investment
Group Mediclaim Policy
Group Mediclaim Policy
Brief Description :
Mediclaim Insurance is a cover which takes care of medical expenses following Hospitalisation/Domiciliary Hospitalisation of the Insured in respect of the following situations: (A) In case of a sudden illness (B) In case of an accident (C) In case of any surgery which is required in respect of any disease which has arisen during the policy period. The major benefit for taking a Group Mediclaim policy is that the insured gets a Group discount, hence the premium per person is lower.
Covered Risks :
This cover is a hospitalisation cover and reimburse the medical expenses incurred in respect of covered disease /surgery while the insured was admitted in the hospital as an in patient.The cover also extends to pre- hospitalsation and post- hospitalisation for periods of 30 days and 60 days respectively
Major Exclusions :
Any pre-existing disease,any expense incurred during first 30 days of cover except injury due to accident,all expenses incurred in respect of any treatment relating to pregnancy and child birth. Treatment for Cataracts,Benign prostatic hypertrophy,Hysterectomy, Menorrhagia or Fibromyoma, Hernia,Fitula of anus,Piles, Sinusitis, Asthma,Bronchitis, All Psychiatric or Psychosomatic disorders are excluded from the scope of the cover
For more detail visit Avdhoot Investment
Brief Description :
Mediclaim Insurance is a cover which takes care of medical expenses following Hospitalisation/Domiciliary Hospitalisation of the Insured in respect of the following situations: (A) In case of a sudden illness (B) In case of an accident (C) In case of any surgery which is required in respect of any disease which has arisen during the policy period. The major benefit for taking a Group Mediclaim policy is that the insured gets a Group discount, hence the premium per person is lower.
Covered Risks :
This cover is a hospitalisation cover and reimburse the medical expenses incurred in respect of covered disease /surgery while the insured was admitted in the hospital as an in patient.The cover also extends to pre- hospitalsation and post- hospitalisation for periods of 30 days and 60 days respectively
Major Exclusions :
Any pre-existing disease,any expense incurred during first 30 days of cover except injury due to accident,all expenses incurred in respect of any treatment relating to pregnancy and child birth. Treatment for Cataracts,Benign prostatic hypertrophy,Hysterectomy, Menorrhagia or Fibromyoma, Hernia,Fitula of anus,Piles, Sinusitis, Asthma,Bronchitis, All Psychiatric or Psychosomatic disorders are excluded from the scope of the cover
For more detail visit Avdhoot Investment
Private Car Package Policy
Private Car Package Policy
Brief Description :
A Private Car is defined as any transport vehicle /car /omnibus whose unladen weight does not exceed 7,500 kgms and is used only for social,domestic and pleasure purpose and insured's own business. The policy does not cover use for Hire or Reward, Organised racing, Speed testing and carriage of goods (other than samples) in connection with any trade or business or use for any purpose in connection with MOTOR TRADE. On payment of extra premium the policy may be extended for Personal Accident cover as well.
Covered Risks :
Fire,Explosion, Lightning,Burglary and Theft,Riot and Strike, Typhoon,Hurricane,Storm, Tempest, Malicious act,Earthquake,Flood,Terrorist activity,Landslide/Rockslide. It also covers damages by accidental, external means while in transit by rail/road, inland water, lift or air in addition to the legal liability required by law
Major Exclusions :
Consequential loss,Depreciation,Wear & tear, Mechanical/ electrical breakdown, failures or breakages,Damage to tyres unless the motor car is damaged at the same time and any accidental loss or damage suffered while the person driving is under the influence of intoxicating liquor or drugs.
For more detail visit Avdhoot Investment
Brief Description :
A Private Car is defined as any transport vehicle /car /omnibus whose unladen weight does not exceed 7,500 kgms and is used only for social,domestic and pleasure purpose and insured's own business. The policy does not cover use for Hire or Reward, Organised racing, Speed testing and carriage of goods (other than samples) in connection with any trade or business or use for any purpose in connection with MOTOR TRADE. On payment of extra premium the policy may be extended for Personal Accident cover as well.
Covered Risks :
Fire,Explosion, Lightning,Burglary and Theft,Riot and Strike, Typhoon,Hurricane,Storm, Tempest, Malicious act,Earthquake,Flood,Terrorist activity,Landslide/Rockslide. It also covers damages by accidental, external means while in transit by rail/road, inland water, lift or air in addition to the legal liability required by law
Major Exclusions :
Consequential loss,Depreciation,Wear & tear, Mechanical/ electrical breakdown, failures or breakages,Damage to tyres unless the motor car is damaged at the same time and any accidental loss or damage suffered while the person driving is under the influence of intoxicating liquor or drugs.
For more detail visit Avdhoot Investment
Life Insurance planning in India
Life Insurance Planning
In case of Term assurance policy (one type of policy) you can get a large amount of Insurance for next 15-20 years for a very low cost. The insurance claim can be made only in case of death/disability withing the next 15-20 yrs. After that the policy will expire. Though you do not get back any money but also the amount payable is very low compared ot any other policy.
Second useful policy is Whole life Limited payment. This policy is valid for whole life but premium payment may end at the time of your retirement. In this case the Insured amount will be received by your family/nominee after your Death. You can also have add ons in this policy like Disability rider etc. that will allow you to benefit in case of disability.
Other then these 2 schemes, other Life Insurance policies are (Investment + Life Insurance) policies. i.e. part of your premium is used for giving you Insurance and rest of the part is invested in markets (like mutual funds) to give you returns after maturity. By making different combinations Insurance companies create several hundred different confusing schemes.
For employees who earn below 20k per month, i suggest to consider combination schemes.
For employees who earn above 20k per month, i suggest to invest separately in the Life Insurance & Investment schemes. Do not mix them, as in future when your income grow your investment requirements will grow faster but your insurance requirements may not grow. It is easier to close a investment and start new one, combine investment but combining or reviewing Insurance policies is not possible. Also as India is growing new and new investment options are coming to the market and you may like to change your investment planning every few year.For more Detail Visit Avdhoot Investment
In case of Term assurance policy (one type of policy) you can get a large amount of Insurance for next 15-20 years for a very low cost. The insurance claim can be made only in case of death/disability withing the next 15-20 yrs. After that the policy will expire. Though you do not get back any money but also the amount payable is very low compared ot any other policy.
Second useful policy is Whole life Limited payment. This policy is valid for whole life but premium payment may end at the time of your retirement. In this case the Insured amount will be received by your family/nominee after your Death. You can also have add ons in this policy like Disability rider etc. that will allow you to benefit in case of disability.
Other then these 2 schemes, other Life Insurance policies are (Investment + Life Insurance) policies. i.e. part of your premium is used for giving you Insurance and rest of the part is invested in markets (like mutual funds) to give you returns after maturity. By making different combinations Insurance companies create several hundred different confusing schemes.
For employees who earn below 20k per month, i suggest to consider combination schemes.
For employees who earn above 20k per month, i suggest to invest separately in the Life Insurance & Investment schemes. Do not mix them, as in future when your income grow your investment requirements will grow faster but your insurance requirements may not grow. It is easier to close a investment and start new one, combine investment but combining or reviewing Insurance policies is not possible. Also as India is growing new and new investment options are coming to the market and you may like to change your investment planning every few year.For more Detail Visit Avdhoot Investment
Sep 10, 2008
Affordabale Child Health Insurance India
There are different types of affordable health insurance plans, including affordable individual health insurance, affordable family health insurance, affordable child health insurance, affordable employee health insurance and affordable business health insurance. Full information on affordable insurance schemes can be obtained from the Internet, and if you need further clarifications, you can consult an insurance broker. Customer service departments of health care providers also give information regarding available benefits and coverage.
Child health insurance focuses on children's general wellness. This health insurance helps parents cover expenses arising from unforeseen circumstances also. Very often, affordable child health insurance plans offer treatment by a group of specialists. They remind parents about the important preventive medicines that are to be administered to their children and also give programs and information to parents on how to manage their children?s health conditions. State-of-the-art technology provided by many affordable child health insurance schemes simplifies the tracking of health benefits. Parents, who want to buy a policy need to do the proper homework and study the benefits and affordability before filing in the application.
Health care is always critical for a child. Health insurance is essential for children who grow up in divorced, separated, or never-married families. It is easy to find affordable child health insurance plans that provide health care services, including preventive care, to ensure childhood immunizations, vision care, hearing and dental care. Lots of child health insurance plans are affordable, providing a wide range of health schemes for children. Hence, it is important to choose a plan that is most suitable. contact us for best lower cheaper premium rates comparision with others online reviews feedback etc.
For more Detail Visit Avdhoot Investment
Child health insurance focuses on children's general wellness. This health insurance helps parents cover expenses arising from unforeseen circumstances also. Very often, affordable child health insurance plans offer treatment by a group of specialists. They remind parents about the important preventive medicines that are to be administered to their children and also give programs and information to parents on how to manage their children?s health conditions. State-of-the-art technology provided by many affordable child health insurance schemes simplifies the tracking of health benefits. Parents, who want to buy a policy need to do the proper homework and study the benefits and affordability before filing in the application.
Health care is always critical for a child. Health insurance is essential for children who grow up in divorced, separated, or never-married families. It is easy to find affordable child health insurance plans that provide health care services, including preventive care, to ensure childhood immunizations, vision care, hearing and dental care. Lots of child health insurance plans are affordable, providing a wide range of health schemes for children. Hence, it is important to choose a plan that is most suitable. contact us for best lower cheaper premium rates comparision with others online reviews feedback etc.
For more Detail Visit Avdhoot Investment
Sep 9, 2008
LIC Group Term Insurance Scheme Detail
A) Nature of the Scheme:
Group (term) Insurance Scheme is meant to provide life insurance protection to groups of people. Administration of the scheme is on group basis and cost is low. Under Group (Term) Insurance Scheme, life insurance cover is allowed to all the members of a group subject to some simple insurability conditions without insisting upon any medical evidence. Scheme offers covers only on death and there is no maturity value at the end of the term.
B) Premium Chargeable:
Group (Term) Insurance Scheme is at present offered under One Year Renewable Group term assurance plan (OYRGTA). Every year on Annual Renewal date LIC charges the premium depending upon the changes in size and age distribution of the age group.
C) Different Schemes:
Group (term) Insurance Scheme has a number of varieties . The Scheme may provide for a uniform cover to all members of the group or graded covers for different categories of members, cover for all amounts of outstanding housing loans or vehicle advances, or some other benefits (e.g., life cover to supplement pension or PF benefits in case of death). The schemes may have add-ons like Double Accident Benefit,Critical Illness Benefit, Disability benefit etc.
D) General Featues of various Group Insurance Schemes:
PREMIUM:
The premium under such scheme may be wholly paid by the employer or the Nodal Agency. However, the scheme may be contributory i.e. the members may also contribute.
DOUBLE ACCIDENT BENEFIT:
Double Accident Benefit, i.e. payment of double the sum assured on death due to accident (without permanent disability benefit), may be allowed under Group Insurance Schemes for an extra premium.
ELIGIBILITY:
For Group Insurance Scheme in lieu of EDLIS the insurability condition is that should be a member of the Provident Fund Scheme of the employer. For other GI Schemes of employer-employee groups the insurability condition is that the member should not be absent on ground of sickness on the entry date. For all non-employer-employee Group Schemes the basic insurability condition is that the member should be in good health on the date of entry.
ADMINISTRATION OF THE SCHEME:
At the commencement and thereafter on each Annual Renewal Date, the Group Policyholder will have to send all the member's data (and particulars of the new entrants from time to time) to the P & GS unit of LIC. Detailed OYRGTA premium calculation will be made on each Annual Renewal Date.
When a claim arises, the particulars of the respective member are to be intimated together with the claim form and death certificate.
Special Features of each Group Insurance Schemes can be obtained from the P&GS units of the Corporation.
For more Detail Visit Avdhoot Investment
Source: LIC of India, Life Insurance Corporation of India
Group (term) Insurance Scheme is meant to provide life insurance protection to groups of people. Administration of the scheme is on group basis and cost is low. Under Group (Term) Insurance Scheme, life insurance cover is allowed to all the members of a group subject to some simple insurability conditions without insisting upon any medical evidence. Scheme offers covers only on death and there is no maturity value at the end of the term.
B) Premium Chargeable:
Group (Term) Insurance Scheme is at present offered under One Year Renewable Group term assurance plan (OYRGTA). Every year on Annual Renewal date LIC charges the premium depending upon the changes in size and age distribution of the age group.
C) Different Schemes:
Group (term) Insurance Scheme has a number of varieties . The Scheme may provide for a uniform cover to all members of the group or graded covers for different categories of members, cover for all amounts of outstanding housing loans or vehicle advances, or some other benefits (e.g., life cover to supplement pension or PF benefits in case of death). The schemes may have add-ons like Double Accident Benefit,Critical Illness Benefit, Disability benefit etc.
D) General Featues of various Group Insurance Schemes:
PREMIUM:
The premium under such scheme may be wholly paid by the employer or the Nodal Agency. However, the scheme may be contributory i.e. the members may also contribute.
DOUBLE ACCIDENT BENEFIT:
Double Accident Benefit, i.e. payment of double the sum assured on death due to accident (without permanent disability benefit), may be allowed under Group Insurance Schemes for an extra premium.
ELIGIBILITY:
For Group Insurance Scheme in lieu of EDLIS the insurability condition is that should be a member of the Provident Fund Scheme of the employer. For other GI Schemes of employer-employee groups the insurability condition is that the member should not be absent on ground of sickness on the entry date. For all non-employer-employee Group Schemes the basic insurability condition is that the member should be in good health on the date of entry.
ADMINISTRATION OF THE SCHEME:
At the commencement and thereafter on each Annual Renewal Date, the Group Policyholder will have to send all the member's data (and particulars of the new entrants from time to time) to the P & GS unit of LIC. Detailed OYRGTA premium calculation will be made on each Annual Renewal Date.
When a claim arises, the particulars of the respective member are to be intimated together with the claim form and death certificate.
Special Features of each Group Insurance Schemes can be obtained from the P&GS units of the Corporation.
For more Detail Visit Avdhoot Investment
Source: LIC of India, Life Insurance Corporation of India
Sep 8, 2008
Group Insurance
Group insurance is an insurance that covers a group of people, usually who are the members of societies, employees of a common employer, or professionals in a common group.
Group insurance may or may not be converted to individual coverage. As group insurance gets big business for an insurance company with minimum operational expenses (under one master policy issued to an employer, union or any recognised group), it is usually less expensive than individual policies.
For more Detail Visit Avdhoot Investment
Group insurance may or may not be converted to individual coverage. As group insurance gets big business for an insurance company with minimum operational expenses (under one master policy issued to an employer, union or any recognised group), it is usually less expensive than individual policies.
For more Detail Visit Avdhoot Investment
Sep 7, 2008
Lic's Jeevan Saathi Joint Life Double Cover Insurance Policy Detail
LIC's Jeevan Saathi is a best LIC Life Insurance option for married couple. Both Lives are covered in a single Premium.
Death Benefits:
In case either of the couple dies during the policy’s term, two things happen. One, LIC pays to the surviving spouse the full Sum Assured. And, two, the policy continues on the life of the surviving partner without him/her having to pay any further premiums, i.e. the life cover on the survivor continues free of cost.
The Sum Assured is again payable on the death of the other partner in case both the husband and wife were to die during the term of the policy. Vested bonus would also be paid along with the Sum Assured on the second death. In such a case, the death benefit is double the Sum Assured, which is why the policy is called Jeevan Saathi ‘Double Cover’ Joint Life Plan.
For more Detail Visit LIC Jeevan Saathi
Death Benefits:
In case either of the couple dies during the policy’s term, two things happen. One, LIC pays to the surviving spouse the full Sum Assured. And, two, the policy continues on the life of the surviving partner without him/her having to pay any further premiums, i.e. the life cover on the survivor continues free of cost.
The Sum Assured is again payable on the death of the other partner in case both the husband and wife were to die during the term of the policy. Vested bonus would also be paid along with the Sum Assured on the second death. In such a case, the death benefit is double the Sum Assured, which is why the policy is called Jeevan Saathi ‘Double Cover’ Joint Life Plan.
For more Detail Visit LIC Jeevan Saathi
Sep 6, 2008
LIC Jeevan Anurag Life Insurance Plan Policy Detail
BenefitsLIC’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 BenefitPayment 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 Benefit
Payment of an amount equal to Sum Assured under the basic plan immediately on the death of the life assured.
For more Detail Visit Avdhoot Investment Mail us on sameer.lic@ gmail.com for any querry our executive will contact you within 24 hrs.
Assured BenefitPayment 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 Benefit
Payment of an amount equal to Sum Assured under the basic plan immediately on the death of the life assured.
For more Detail Visit Avdhoot Investment Mail us on sameer.lic@ gmail.com for any querry our executive will contact you within 24 hrs.
LIC Insurance Plans Detail List Product Features Life Insurance
As individuals it is inherent to differ. Each individual�s insurance needs and requirements are different from that of the others. LIC�s Insurance Plans are policies that talk to you individually and give you the most suitable options that can fit your requirement.LIC
Children Plans
Jeevan Anurag
Komal Jeevan
CDA Endowment Vesting At 21
Marriage Endowment Or
Educational Annuity Plan
CDA Endowment Vesting At 18
Jeevan Kishore
Jeevan Chhaya
Child Career Plan
Child Future Plan
Plan for Handicapped Dependents
Jeevan Aadhar
Jeevan Vishwas
Endowment Assurance Plans
The Endowment Assurance Policy
The Endowment Assurance Policy-Limited Payment
Jeevan Mitra(Double Cover Endowment Plan)
Jeevan Mitra(Triple Cover Endowment Plan)
Jeevan Anand
New Janaraksha Plan
Jeevan Amrit
Plans for High Worth Individuals
Jeevan Shree-I
Jeevan Pramukh
Money Back Plans
The Money Back Policy-20 Years
The Money Back Policy-25 Years
Jeevan Surabhi-15 Years
Jeevan Surabhi-20 Years
Jeevan Surabhi-25 Years
Bima Bachat
Special Money Back Plan for Women
Jeevan Bharati
Whole Life Plans
The Whole Life Policy
The Whole Life Policy- Limited Payment
The Whole Life Policy- Single Premium
Jeevan Anand
Jeevan Tarang
Term Assurance Plan
Two Year Temporary Assurance Policy
The Convertible Term Assurance Policy
Anmol Jeevan-I
Amulya Jeevan-I
Joint Life Plan
Jeevan Saathi
Decreasing Term Assurance To Cover Home Loan Repayment
Mortgage Redemption
For more Detail Visit Avdhoot Investment Our LIC of Indias Autorised LIC Agent/ Insurance Advisor is giving you Free Quotes on Life Insurance within 24 hrs. mail us at sameer.lic@gmail.com for any querry
Children Plans
Jeevan Anurag
Komal Jeevan
CDA Endowment Vesting At 21
Marriage Endowment Or
Educational Annuity Plan
CDA Endowment Vesting At 18
Jeevan Kishore
Jeevan Chhaya
Child Career Plan
Child Future Plan
Plan for Handicapped Dependents
Jeevan Aadhar
Jeevan Vishwas
Endowment Assurance Plans
The Endowment Assurance Policy
The Endowment Assurance Policy-Limited Payment
Jeevan Mitra(Double Cover Endowment Plan)
Jeevan Mitra(Triple Cover Endowment Plan)
Jeevan Anand
New Janaraksha Plan
Jeevan Amrit
Plans for High Worth Individuals
Jeevan Shree-I
Jeevan Pramukh
Money Back Plans
The Money Back Policy-20 Years
The Money Back Policy-25 Years
Jeevan Surabhi-15 Years
Jeevan Surabhi-20 Years
Jeevan Surabhi-25 Years
Bima Bachat
Special Money Back Plan for Women
Jeevan Bharati
Whole Life Plans
The Whole Life Policy
The Whole Life Policy- Limited Payment
The Whole Life Policy- Single Premium
Jeevan Anand
Jeevan Tarang
Term Assurance Plan
Two Year Temporary Assurance Policy
The Convertible Term Assurance Policy
Anmol Jeevan-I
Amulya Jeevan-I
Joint Life Plan
Jeevan Saathi
Decreasing Term Assurance To Cover Home Loan Repayment
Mortgage Redemption
For more Detail Visit Avdhoot Investment Our LIC of Indias Autorised LIC Agent/ Insurance Advisor is giving you Free Quotes on Life Insurance within 24 hrs. mail us at sameer.lic@gmail.com for any querry
Sep 3, 2008
Group Mediclaim Insurance Policy
Group Mediclaim Insurance Policy
Brief Description :
Mediclaim Insurance is a cover which takes care of medical expenses following Hospitalisation/Domiciliary Hospitalisation of the Insured in respect of the following situations: (A) In case of a sudden illness (B) In case of an accident (C) In case of any surgery which is required in respect of any disease which has arisen during the policy period. The major benefit for taking a Group Mediclaim policy is that the insured gets a Group discount, hence the premium per person is lower.
Covered Risks :This cover is a hospitalisation cover and reimburse the medical expenses incurred in respect of covered disease /surgery while the insured was admitted in the hospital as an in patient.The cover also extends to pre- hospitalsation and post- hospitalisation for periods of 30 days and 60 days respectively
Major Exclusions :
Any pre-existing disease,any expense incurred during first 30 days of cover except injury due to accident,all expenses incurred in respect of any treatment relating to pregnancy and child birth. Treatment for Cataracts,Benign prostatic hypertrophy,Hysterectomy, Menorrhagia or Fibromyoma, Hernia,Fitula of anus,Piles, Sinusitis, Asthma,Bronchitis, All Psychiatric or Psychosomatic disorders are excluded from the scope of the cover. Visit this website for more detail Avdhoot Investment
Brief Description :
Mediclaim Insurance is a cover which takes care of medical expenses following Hospitalisation/Domiciliary Hospitalisation of the Insured in respect of the following situations: (A) In case of a sudden illness (B) In case of an accident (C) In case of any surgery which is required in respect of any disease which has arisen during the policy period. The major benefit for taking a Group Mediclaim policy is that the insured gets a Group discount, hence the premium per person is lower.
Covered Risks :This cover is a hospitalisation cover and reimburse the medical expenses incurred in respect of covered disease /surgery while the insured was admitted in the hospital as an in patient.The cover also extends to pre- hospitalsation and post- hospitalisation for periods of 30 days and 60 days respectively
Major Exclusions :
Any pre-existing disease,any expense incurred during first 30 days of cover except injury due to accident,all expenses incurred in respect of any treatment relating to pregnancy and child birth. Treatment for Cataracts,Benign prostatic hypertrophy,Hysterectomy, Menorrhagia or Fibromyoma, Hernia,Fitula of anus,Piles, Sinusitis, Asthma,Bronchitis, All Psychiatric or Psychosomatic disorders are excluded from the scope of the cover. Visit this website for more detail Avdhoot Investment
Fire Insurance
Standard Fire and Special Perils Policy (Material Damage)
Brief Description :
This policy covers properties of the insured from the dangers of Fire & various other perils (which also includes Riots, Strike & Terrorism) for a small premium. This policy is available to a wide range of properties. From a unit of an Artisan, Small Scale Industries, Cottage Industry to a Large Business Houses and Petrochemical Complex all are covered under a single policy. If desired Dwelling can be covered for a period of 10 years also.
Covered Risks :
Fire,Lightning,Explosion/Implosion,Aircraft damage,Riot and Strike,Impact Damage,Subsidence,Bursting or overflowing of water tank Sprinkler Leakage,Bush fire excluding forest fire.
Major Exclusions :War and warlike operations,Ionisation,Pollutions/Contamination -not due to insured peril,Stocks in cold storage due to temperature change. Visit Avdhoot Investment for more detail on Fire Insurance
Brief Description :
This policy covers properties of the insured from the dangers of Fire & various other perils (which also includes Riots, Strike & Terrorism) for a small premium. This policy is available to a wide range of properties. From a unit of an Artisan, Small Scale Industries, Cottage Industry to a Large Business Houses and Petrochemical Complex all are covered under a single policy. If desired Dwelling can be covered for a period of 10 years also.
Covered Risks :
Fire,Lightning,Explosion/Implosion,Aircraft damage,Riot and Strike,Impact Damage,Subsidence,Bursting or overflowing of water tank Sprinkler Leakage,Bush fire excluding forest fire.
Major Exclusions :War and warlike operations,Ionisation,Pollutions/Contamination -not due to insured peril,Stocks in cold storage due to temperature change. Visit Avdhoot Investment for more detail on Fire Insurance
Marine Insurance
Marine Cargo Insurance
Advance Loss Of Profit (Following Marine)
Hull Deductible Insurance Policy
Hull War and Allied Peril Policy
Marine Hull Policy
Marine Insurance - REGD. Post
Marine Insurance - Sailing Vessels
Marine Insurance Policy (Air)
Marine Insurance Policy (Ocean Voyage)
Marine Insurance Policy Inland Transit(Rail/Road)
Contact Avdhoot Investment for cheaper rates on Mrine Insurance our Insurance Advisor will Contact you within 24 hrs.
Advance Loss Of Profit (Following Marine)
Hull Deductible Insurance Policy
Hull War and Allied Peril Policy
Marine Hull Policy
Marine Insurance - REGD. Post
Marine Insurance - Sailing Vessels
Marine Insurance Policy (Air)
Marine Insurance Policy (Ocean Voyage)
Marine Insurance Policy Inland Transit(Rail/Road)
Contact Avdhoot Investment for cheaper rates on Mrine Insurance our Insurance Advisor will Contact you within 24 hrs.
Personal Accident Insurance
Personal accident Group/ Individual Insurance policy protects the individual against the consequences of unforeseeable daily accidents.
A personal accident policy indemnifies the insured in case of accidents by taking into account the disability, the accident may have caused to his earning capacity. Read more on Personal Accident Insurance here or visit our website atAvdhoot Investment
A personal accident policy indemnifies the insured in case of accidents by taking into account the disability, the accident may have caused to his earning capacity. Read more on Personal Accident Insurance here or visit our website atAvdhoot Investment
LIC Jeevan Anand Life Insurance Policy Plan Features
Jeevan AnandPlan Highlights
Features
LIC's Jeevan Anand is a With Profit assurance plan. The plan is a combination of the Whole Life Plan and the most popular Endowment Assurance Plan. It provides pre-decided Sum Assured and bonuses at the end of the stipulated premium paying term, but the risk cover on the life continues till death.
Special Features LIC of India.
• Moderate Premiums
• High bonus
• High liquidity
• Savings oriented.
LIC Jeevan Anand Premiums are usually payable for the selected term of years or until death if it occurs during the term period. This policy not only makes provisions for the family of the life assured in the event of his early death but also assures a lump sum at a desired age. The lump sum can be reinvested to provide an annuity during the remainder of his life or in any other way considered suitable at that time. Read more Write us for any querry Free Quotes, Premium Calculation by submitting your querry here
Features
LIC's Jeevan Anand is a With Profit assurance plan. The plan is a combination of the Whole Life Plan and the most popular Endowment Assurance Plan. It provides pre-decided Sum Assured and bonuses at the end of the stipulated premium paying term, but the risk cover on the life continues till death.
Special Features LIC of India.
• Moderate Premiums
• High bonus
• High liquidity
• Savings oriented.
LIC Jeevan Anand Premiums are usually payable for the selected term of years or until death if it occurs during the term period. This policy not only makes provisions for the family of the life assured in the event of his early death but also assures a lump sum at a desired age. The lump sum can be reinvested to provide an annuity during the remainder of his life or in any other way considered suitable at that time. Read more Write us for any querry Free Quotes, Premium Calculation by submitting your querry here
Sep 2, 2008
Insurance
Insurance:Avdhoot Investment offers cheaper rates in Life Insurance by LIC. We are Authorised LIC Agent for Selling Life Insurance Products Visit Avdhoot Investment for cheaper rates
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