LIC (Lanka) Money Back Plan



Life is full of dreams. Make these dreams come true through clear cut financial planning and a systematic savings method.

Life Insurance Corporation (Lanka) happy to introduce new scheme "Money Back Plan"

LIC (Lanka) Ltd. introduces money back plan that assures periodic payment of the sum assured in installments on survival. This plan also provides an opportunity to share the profits of LICL with you in the form of bonus and terminal bonus.

GENERAL CONDITIONS:
The accident benefits as specified will be available only when the policy is in force by the payment of all the premiums due till date of the accident.


Details
Plan-trem 402 - 15
Plan-term 402-20
Plan-term 402-25
Premium
Rs.36,675
Rs.28,075
Rs.22,350
Survival benefit at the end of 5th year
Rs.125,000
 
Rs.100,000
Rs.75,000
Survival benefit at the end of 10th year
Rs.125,000
Rs.100,000
Rs.75,000
Survival benefit at the end of 15th year
Rs.250,000 + bonuses and terminal bonus
Rs.100,000
Rs.75,000
Survival benefit at the end of 20th year

Rs.200,000 + bonuses and terminal bonus
Rs.75,000
Survival benefit at the end of 25th year


Rs.200,000 + bonuses and terminal bonus
Death (natural causes)
Rs.500,000 + bonuses till
date of death + terminal bonus (if any)
Rs.500,000 + bonuses till
date of death + terminal bonus (if any)
Rs.500,000 + bonuses till
date of death + terminal
bonus (if any)















Death (by accident)Rs.1,000,000 + bonuses till date of death + terminal bonus (if any)Rs.1,000,000 + bonuses till date of death + terminal bonus (if any)Rs.1,000,000 + bonuses till date of death + terminal
bonus (if any)
Total permanent disability due to accidentRs.4,167.00 per month for
the next 10 years All future premiums waived and policy is kept in force Upon maturity all Survival Benefits as above + Bonuses / upon death Rs.500,000 + Bonuses till date of death.
Rs.4,167.00 per month for the next 10 years All future premiums waived and policy is kept in force Upon maturity all Survival Benefits as above + Bonuses / upon death Rs.500,000 + Bonuses till date of death.Rs.4,167.00 per month for the next 10 years All future premiums waived and policy is kept in force Upon maturity all Survival Benefits as above + Bonuses / upon death Rs.500,000 + Bonuses till date of death.










BENEFITS ILLUSTRATION
For a person aged 30 years, preferring to pay annually for sum assured of Rs.500,000/-
Share this article :

Post a Comment

 
Support : Creating Website | Johny Template | Mas Template
Copyright © 2011. LANKA BUSINESS - All Rights Reserved
Template Created by Creating Website Published by Mas Template
Proudly powered by Blogger