Lic and Metlife Policies

LIC and Met liveness Number of final causes in LIC - 60 Number of platforms in MetLife -26 LIC - Life damages Corporation Various Plans offered by LIC atomic number 18 as follows: (Nearly, there are 60 plans in LIC) giving Assurance Plans 1. Jeevan Amrit : This plan is knowing for a higher cover at a put down cost. In this plan bounteousness wages is limited to 3 or 4 or 5 years and the premium due during the first year is higher than the premiums payable in subsequent years. 2. New Janaraksha Plan: Is an Endowment Assurance plan that provides financial breastplate against death throughout the term of plan. It pays the due date amount on survival to the end of the term. 3. Jeevan Mitra (Double Cover Endowment Plan) : Is an talent plan which takes care of the financial needs take down if death of the policyholder for the whole term of the plan. 4. Jeevan Mitra (Triple Cover Endowment Plan) : Is an endowment plan where thrice the Sum Assured plus solely bonuses on the basic sum secure to date is payable in a lump sum upon the death of the intent conscious. 5. The Endowment Assurance Policy: This policy has provisions for the family of the Life Assured in event of his early death and alike assures a lump sum at a in demand(p) age. 6.

The Endowment Assurance Policy-Limited Payment: In this policy the payment of premium can be limited either to a single payment or to a term shorter than the policy. Children Plans 1. Jeevan Anurag: Is plan designed for the children educational requirements. This plan can be taken on the parents life. The basic sum assured is given immediately on the death of the life assured during the term of the policy. 2. Jeevan Kishore: Is a plan which can be availed by the parent or grandparents of the children. It is an endowment assurance plan for children of less(prenominal) than 12 years of age. 3. Jeevan Chhaya: It is a plan where financial protection is given against death during the term of the plan. It is an Endowment Assurance plan. anyhow this... If you want to get a full essay, order it on our website: Ordercustompaper.com

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