{"id":271,"date":"2020-05-18T10:12:49","date_gmt":"2020-05-18T04:42:49","guid":{"rendered":"https:\/\/shiprafinance.com\/blog\/?p=271"},"modified":"2021-04-24T19:24:55","modified_gmt":"2021-04-24T13:54:55","slug":"__trashed","status":"publish","type":"post","link":"https:\/\/shiprafinance.com\/blog\/__trashed\/","title":{"rendered":"LIC Jeevan Lakshya Plan"},"content":{"rendered":"\n
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LIC Jeevan Lakshya Policy<\/strong> an endowment plan that is participating in Bonus, which provides both investment and insurance benefits. Since it is a participating plan, bonus benefits will be available. In this Plan in case of death of the policyholder a regular income is provided to the nominee that may help to full fill the basic needs of the family and children education, also provide Maturity benefit in addition to a lump sum at the date of Maturity. There are some additional benefits that you can take it as a rider. We will explain the benefits of this plan with the help of a few examples.
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Policy Type<\/td>Endowment<\/td><\/tr>
Jeevan Lakshya Plan Table No.<\/td>Table No. 933<\/td><\/tr>
Launch Date<\/td>1st<\/sup> Feb 2020<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Key Feature & Benefits of Jeevan Lakshya Policy<\/strong><\/h2>\n\n\n\n

When Customer purchase the LIC Jeevan Lakshya Plan, He \/she can decide on the following Benefits:<\/p>\n\n\n\n

Basic Sum Assured<\/strong>:<\/h3>\n\n\n\n

This is the amount of cover that you want. You can choose a minimum amount of Rs. 1,00,000 and thereafter in a multiple of Rs. 10000. In this plan There is no upper limit.<\/p>\n\n\n\n

Policy Term<\/strong>:<\/h4>\n\n\n\n

Policy term decides the period for which you wish to have the cover. You can Choose Policy term as per your suitability it can be anywhere between 13 to 25 years.<\/p>\n\n\n\n

Premium Payment Term<\/strong>:<\/h4>\n\n\n\n

Policy Premium Paying term is the term that you need to pay the premium.  In this Plan, it is Policy Term minus 3 years.<\/p>\n\n\n\n

Premium<\/strong>:<\/h4>\n\n\n\n

Your annual premium<\/strong> will be decided based on the basic sum assured that you Choose & your age<\/strong> and the policy term<\/strong> that you have selected.<\/p>\n\n\n\n

Since it is a Participating plan, you will receive at maturity Simple Reversionary Bonus and Final Additions bonus each year declared by LIC.<\/p>\n\n\n\n

Other benefits in the LIC Jeevan Lakshya Plan:<\/h4>\n\n\n\n
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Happy Moment, Goal Set<\/figcaption><\/figure><\/div>\n\n\n\n
Death Benefit in Jeevan Lakshya Policy<\/strong>:<\/h5>\n\n\n\n

In case unfortunate death of the policyholder before the end of the policy term, the nominee or legal heir will receive all the following:<\/p>\n\n\n\n