For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    A review of LIC's Jeevan Saral

    |
    A review of LIC's Jeevan Saral
    LIC Jeevan Saral is an endowment assurance plan where the insured can choose the amount and mode of premium payment.
     

    The plan, like most traditional plans will provide financial protection against death throughout the term of the plan. The maturity sum assured is payable on survival to the end of the policy term. It also offers the flexibility of term and a lot of liquidity.

    Premiums

    Premiums of Jeevan Saral are payable like most other LIC schemes, which include yearly, half-yearly, quarterly, or monthly.

    Loyalty 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 loyalty additions which are terminal bonuses payable along with death benefit or maturity benefit. Loyalty Additions may be payable from the 10th year onwards depending upon the experience of the Corporation.

    Withdrawal

    Jeevan Saral allows partial surrender from 4th year onwards subject to certain conditions for which please refer to policy document.
    Opinion

    Jevan Saral is like any other endowment plan and has nothing extra ordinary. Insurance advisors would always recommend buying into term plans, which provide more protection than endowment plans. That's the best way to secure your family.

    GoodReturns.in

    Read more about: lic lic jeevan saral
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more