In return, the insurer guarantees monetary protection to the insured in case of any accident or mishaps. However, if the child outlives the entire tenure, then he receives 115% of the sum assured. Introduction to life insurance corporation lic the life insurance corporation of india popularly known as lic of india was incorporated on september 1, 1956 by nationalizing 245 indian as well as foreign companies. The annuity rates are guaranteed at the inception of the policy for both immediate. A money back plan such as lic money back policy or others has a host of benefits for the investor looking for a guaranteed return plan along with life insurance cover. He is a finance, insurance and software consultant with more than 18 years of experience in these fields. Lics new critical illness benefit rider is a non linked rider which provides aid in the form of financial assistance by reducing burden on the assured if heshe is diagnosed as suffering with any pre specified critical illness. Lic core study background and objectives the lic core study picks up from the department of city plannings 2001 queens plaza subdistrict zoning changesundertaken largely to facilitate a 24hour central mixeduse district, characterized by a lively mix of new commercial, retail, and residential uses. Do you know that the powerful presentations available for free download from our lic.
It can help to compare all the benefits of plans such as insurance coverage, tax benefits, loan availability, maturity benefits etc. Whether you need to sell a product, or get a passing grade in your class, planning a presentation takes time and. In this research paper we studied customer satisfaction towards life insurance corporation of india lic, because consumer satisfaction is the first step to achieve consumer loyalty. It is too easy if you cross check the product presentation your agent shares with you with lic portal. Established in 1956, the life insurance corporation of india offers a variety of insurance products to its customers such as insurance plans. Developed by lic of india for a customer who is comfortable using the internet and has some experience of having made an online purchase, buying life insurance online is. This policy exclusively designed for female lives having aadhaar card uidai. For a customer who is comfortable using the internet and has some experience of having made an online purchase, buying life insurance online is an easy and a logical option. Take for example the names of which i got it while searching for such plans.
Jeevan amar is term insurance plan from lic of india which provides high life cover in case of unfortunate death of policyholder during the premium paying term of the policy. Search shine tab in play store for downloading shine tab on your mobile. Lics jeevan amar plan is a nonlinked, without profit, pure protection plan. Life insurance corporation of india lics jeevan umang. Lic money back plan821 this insurance plan is a participating nonlinked plan which offers an attractive combination of protection against death throughout the term of the plan along with the periodic payment on survival at specified durations during the term. Oriental life insurance company, started by europeans in calcutta was the first life insurance company on indian soil. Lic s insurance plans are policies that talk to you individually and give you the most suitable options that can fit your requirement. Each individuals insurance needs and requirements are different from that of the others. Policy document attached file is in pdf document format. Here you can download lic childrens money back plan 932 policy. Scribd is the worlds largest social reading and publishing site. The following plans by lic provide you with the maximum benefits jeevan akshay vi, new childrens money back plan, new endowment plan, new money back plan 20 years. Interested in buying new lic plan then contact me 9899551897 or send your contact details on my email address. Powerpoint presentation on lic powerpoint presentations.
Introduction of lic the life insurance corporation of india lic, a public sector enterprise, is the largest insurance company in india, selling insurance products and related services. Lic agents combination products and lic warning basunivesh. Introduction life insurance in its modern form came to india from england in the year 1818. How to convert presentations from our lic into pdf files and send. Ppt lic jeevan anand plan powerpoint presentation free to. Lics jeevan umang life insurance corporation of india. Lic plan presenter from insurancefunda is an excel based plan presentation software which can help you to get a clear idea of all popular plans from lic. Jan 16, 2020 single plan presentation with normal risk cover, acc. Lic money back plan821 lic bangalore lic india best.
It is a limited premium paying term conventional withprofit endowment assurance plan where premium paying term is less than policy term by 3 years. Money plusi lic policy, mortgage redemption lic policy, new bima gold lic policy, new janaraksha plan lic policy, new jeevan dharai lic policy, new jeevan surakshai lic policy, profit plus lic policy, shiksha sahayog yojana lic policy, the convertible term assurance policy lic policy, the endowment assurance policy lic policy, the. Life insurance corporation of india, company and area profile. The life insurance corporation of india lic is a stateowned insurance group and investment company. Lic has an excellent money back policy which provides for periodic payments of partial survival benefits as long as the policy holder is alive. Conclution life insurance corporation of india lic is the biggest life insurance player in india insurance industry. Softech corporation lic agent software lic software free. These policies are most suited for senior citizens and those planning a secure future, so that you never give up on the best things in life. Ppt lic jeevan anand plan powerpoint presentation free. Dec 19, 2015 lic all in one plan presentation software december 19, 2015 march 10, 2017 anish l j 4 comments i am presenting a complete plan presentation software for all popular plans of life insurance corporation of india as a single package lic complete plan presenter. We shows presentation reports in pdf formats for better understand.
Apr 09, 2018 lic new plans list launched in 2016 snapshot. Lic plans free download as powerpoint presentation. Lic jeevan lakshya plan with an example we have nitesh dubey, age 35 who wishes to buy this plan. This is a single premium plan wherein the policyholder has an option to choose an immediate or deferred annuity. Apr 19, 2017 loan facility is available under lic aadhaar shila plan, after payment of premiums for at least 3 full years subject to certain conditions. These plans are a perfect blend of insurance, investment and a lifetime of happiness. Lics special plans are not plans but opportunities that knock on your door once in a lifetime. This scheme provides fix benefit on cancer detection of first stage and second stage. Get details about lic childrens money back plan for baby girls. Convenient and effective plan presentation of all running lic plans with year wise. Financial security through regular income life insurance corporation of india offers best pension plans in india. Lic offers a very vast and huhge range of diversified products catering to needs of various sections of people in india. Lic plan presentation software free download insurance funda.
This plan provides annual income benefit that may help to fulfill the needs of the family. Lic aadhaar shila plan table 844 with profit is a nonlinked regular premium paying endowment assurance plan based on loyalty addition. It is the largest insurance company in india with an estimated asset value of rs 1,88,3018. I have listed down the important features of lic of indias new plans that are launched in 2016 along with my recommendations whether to ignore a plan or to buy. List of all latest lic of india insurance policies.
Each of its business products offered a variety of different plans to suit different customers and situations, also provided social security schemes and pension schemes. The plans included under the package includes new endowment plan t 814, new jeevan anand t815, single premium endowment t817, new money back t820,821, jeevan rakshak t827, limited premium endowment t830, new childrens money back t832, jeevan lakshya t833, jeevan tarun t834 etc. Lic pension plan invest in best retirement plan get high. It caters to the requirements of a wide customer base with products ranging from insurance and unit plans to micro insurance plans. Chapter1 introduction of lic life insurance is actually an agreement between the insured and the insurer in which the policy holder accepts to pay regular premium to the insurer. If the customers of life insurance corporation are satisfied and happy then and then only they may be loyal to the lic. This plan will be available to standard healthy lives without any medical test requirement. Option to save quotation and to load existing quotation. He thoroughly follows developments in insurance and finance. Lic jeevan lakshya policy is a participating endowment plan which provides both investment and insurance benefits.
Pension plans are individual plans that gaze into your future and foresee financial stability during your old age. Are you lookin for any of the following lic policies. Single plan presentation with normal risk cover, acc. Since it is a participating plan, bonus benefits will be available. It is a type of pension policy in which the policyholder can be benefited in many ways. Lics insurance plans are policies that talk to you individually and give you the most suitable options that can fit your requirement. One of the worlds largest life insurance company voted no. Mar, 2019 lic plan presentation software free download. This software can provide the complete details of all popular plans currently under sale from lic of india. Important milestones 1912 the indian life assurance companies act enacted as the first statute to regulate the life insurance business. Convenient and effective plan presentation of all running life insurance corporation of india plans with year wise. Lic child future plan is a money back endowment plan for the benefit of a child such that, sum assured plus bonus is paid immediately to the nominee on death of the life insured. Lic has introduced a new plan specific to cancer care. Before 1912 india had no legislation to regulate insurance business.
He is a finance, insurance and software consultant with more than 18 years of experience. In this post i have tried to list down the important features, details and my recommendations on all lic new plans that are launched in 201718. For the love of physics walter lewin may 16, 2011 duration. Click on the image to open it new browser window latest lic policy. Under this arrangement, the safety net provider guarantees to pay a vast aggregate guaranteed add up to the candidate of the protected individual, on the off chance that the safeguarded kicks the bucket inside the strategy term. Complete plan presentation software jeevan arogya health plan. Invest rs 10 lakh today, get rs 17,000month pension for life after 20 years. Each of its business products offered a variety of different plans to suit different customers and situations, also provided social security schemes and.
This policy also offers dual accidental benefit in the event of death of the policyholder due to an accident up to an age of 70 years. Softech corporation lic agent software lic software. Presentation planning is a useful and necessary skill in the professional world as well as school. I am presenting a complete plan presentation software for all popular plans of life insurance corporation of india as a single package lic complete plan presenter. A nonlinked, withprofit, whole life assurance plan. Best lic highest return policy in india bankbazaar. Lic, the state owned insurance company was founded in the year 1956 with an aim to strengthen the life insurance segment of india. Money back policy compare money back plans, features. Online premium calculator, generate an instant illustration for premium. Best 5 lic policies to invest in 2020 policybazaar. May 22, 2011 one of the worlds largest life insurance company voted no.
Know about lic childrens money back plan 932 download. Lic jeevan anand plan provide a risk cover up to an age of 100 years. Life insurance corporation lic top 3 plans lic of india is the largest life insurance company with 2000 branches and 14th lakh agents in the country. A term insurance approach is the most straightforward and reasonable type of disaster protection accessible to singular life. In case of death of the policyholder a regular income is provided to the nominee in addition to a lumpsum at the date of maturity. He would receive 25% of the sum assured 5 years before the date of expiry of policy term. Software to calculate premium, insurance coverage, loan and maturity benefit of lic policies. Life insurance corporation of india insurance plan. Surinder walia in the partial fulfillment of the requirement for the award of bachelors of business administration of bharati vidyapeeth university, new delhi. The fact that a money back policy provides a payout after a few years and this continues through the life of the plan makes it a sure fire winner for any conservative individual. Lic plans insurance financial risk free 30day trial. Lics jeevan amar life insurance corporation of india. Lic jeevan amar is a pure life insurance plan with regular premium, single premium, pay less 5 years of term or pay 10 years less term.
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