Compare LIC’s Jeevan Rakshak Plan with other insurance plans and buy. Check details, benefits, eligibility, documentation and read reviews at PolicyBazaar. Jeevan Rakshak (Plan ) is a regular premium paying Endowment Assurance plan from LIC of India. Read complete details with calculators. LIC is going to launch new plan – Jeevan Rakshak, Table No Plan introduce on 19 August and can also be known as Aam Aadami.

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It was a joke for me to see your illustration of a family having an income of Rs. Malay Kumar — Appreciate your convincing skills. Let us now calculate the returns of the 20 year Jeevan Rakshak plan. Please keep alerting investors like this.

Reply Ashish A Apr 17, 4: These should not be construed as investment advice or legal opinion. If accident If nature. Dear Priya, I did not understand your query? We have gone with the current applicable tax rate neevan 4. When you complete the maturity age raishak policy offers you the Basic Sum Assured with loyalty additions if applicable. Term insurance Arkshak Endowment plans. This plan also takes care of liquidity needs through its loan facility.

Dear Manjunatha, Suggest you to ignore buying this policy, if your requirement is life insurance cover, consider buying a Term insurance plan. If Anurag dies after 15 policy years His nominee gets the highest of the following:. How helpful was this page? The company is renowned for having no hidden costs associated with its policies. Based on the basic sum assuredyour age and the policy term selected.


Is available as it is a child plan???? For this, the policy should obtain a surrender worth and should have completed 3 years of the policy term. Hi Sreekanth I really appreciate your analysis, Good Job.

I am newly married boy. Sreekanth is the Man behind ReLakhs. Reply syam Aug 27, 9: For 2 lac plan what is Maturity Amount 3,68, or 3,50, or 3,00,???????

LIC Jeevan Rakshak Plan () – Online Reviews, Features & Benefits

We all must work towards the welfare of the country and the citizens of India. Things you must know.

They have to work to make money. Dear Anil, Loyalty Addition is a type of bonus which is declared for being loyal to the LIC and completing a longer tenure. The Loyalty Addition, if any, is payable at such rate and on such terms as may be declared by the Corporation, on death after completion of 5th policy year or on Policyholder surviving to the maturity. This Policy is A must for every household.

But i dont have much idea about this plan and my age is According to the terms and condition of this policy, it performs under the bonuses of the company so it always accumulates the loyalty addition.

If it is for savings then there are better investment options than this plan. What is the features on my children and any rider means waiver of premium is there or may include??????? Age is 35 years for 1 lack plan for term of 12 years and how much money I will get after 12 years.

Reply Jay Mar 8, 7: Apart from this plan is a non medical scheme and easy to take. Kindly read my articles; Top Term insurance plans How to get rid off unwanted life insurance plans? Policyholder always gets fifteen days of time to cross check their decision and go through the policy terms and conditions properly before making the appropriate decision.


Reply New plan Oct 20, 5: Reply Ashanand Singh Jan 10, Agents know the importance Term Assurance but it can not be forced on anyone.

A medical examination is not compulsory but in some cases it is required. Raksnak me, these families are from different income levels. The policy is an excellent choice for those who belong to a low-income group and want to save something for your financially future. Loyalty Additionsif declared will be payable as part of the Death Benefit in case the death occurs after 5 policy years.

LIC Jeevan Rakshak (Plan 827) – Details with Premium and Benefit Calculators

Rakahak good one but my agent told me very late about it. Dear yogesh, Have you already bought this policy? Company Information About Us. Another aspect,psychology of the people. The premium paying term also known as PPT in years is always equal to the policy term.

Please look after my concern, your answer will be awaited. For 16 rakshwk, 2lakhs sum assured, will get after maturity 3lakh 50 thousand. His nominee gets the highest of the following:.

Your age, existing life insurance coverage etc. Above all this plan is stand alone and will not be clubbed with other insurance coverage while calculating risk.

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