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Best Android App: Compare Insurance - Policybazaar

By Krunal -
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DOWNLOAD APP APP NAME: Compare Insurance - Policybazaar Google Play Store link:  https://play.google.com/store/apps/details?id=com.policybazaar Policybazaar is India’s biggest online insurance comparison platform, which allows you to compare a wide range of Health and Life Insurance Plans and Financial Products, viz. General Insurance – Health or Medical Insurance, Motor Insurance (Two wheeler Insurance and Car Insurance), Travel Insurance, and Life Insurance – Term Insurance Plan, Investment Plan - ULIP, Child Plans, Retirement Plans, Pension Plans & Tax Saving Investment. Policybazaar offers you a lightweight and user-friendly mobile app which enables you to choose the best-suited insurance without bothering the performance of your Smartphone. By using their app, you can quickly purchase any insurance plan with only a few taps of your phone’s display. And, what makes Policybazaar mobile app a must have is that it comes with key features of Hospital Locator and Ca
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LIC Insurance Plan - Jeevan Pragati

By Krunal -
LIC's Jeevan Pragati Plan is a non-linked, with - profits plan which offers a combination of protection and savings. This plan provides for automatic increase in risk cover after every five years during the term of the policy. In addition, this plan also takes care of liquidity needs through loan facility. 1. Benefits: Death benefit : In case of death during the policy term, provided all due premiums have been paid, Death benefit, defined as sum of "Sum Assured on Death ", vested Simple Reversionary Bonuses and Final Additional bonus, if any, shall be payable. Where "Sum Assured on Death" is defined as the higher of 10 times of annualised premium or Absolute amount assured to be paid on death i.e. 100% of the Basic Sum Assured during first 5 policy years, 125% of the Basic Sum Assured during 6th to 10th policy years, 150% of the Basic Sum Assured during 11th to 15 th policy years and thereafter 200% of the Basic Sum Assured. This death benefit shall not
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LIC Insurance Plan - Bima Diamond (Plan No. 841)

By Krunal -
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LIC's Bima Diamond Plan (841) is a non-linked, with-profits, limited premium payment money back type plan which offers a combination of protection and saving.This plan provides financial support for the family not only during the policy term but also beyond the policy term during the Extended Cover Period (equal to half of the policy term and beginning from the date of maturity). • Minimum Basic Sum Assured:  Rs. 1,00,000/-   • Maximum Basic Sum Assured:  Rs. 5,00,000/-   • Policy Term:  16 Year OR 20 Year OR 24 Year  • Premium Paying Term:  For Term 16 Year PPT 10 year  For Term 20 Year PPT 12 Year  For Term 24 Year PPT 15 year   • Minimum Entry Age:  14 years (completed)   • Maximum Entry Age: For Term 16Year - 50 Year (Nearest Birthday) For Term 20 Year - 45 Year (Nearest Birthday) For Term 24 Year - 41 Year (Nearest Birthday)   •Extended Cover after Completion of Policy term. Extended Cover Period equal to half of the policy term.   • Mode of Premium Payme
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Latest News - LIC - WAKE-UP CALL for Revival of Lapsed Policy

By Krunal -
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Revive your Lapsed Policy and avail concession in late fees & health requirements as applicable till 15.09.16 only
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LIC Insurance Plan - Jeevan Labh (Plan No. 836)

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LIC's Jeevan Labh Plan (836) is a limited premium paying, non-linked, with-profits Endowment Assurance plan. • Minimum Basic Sum Assured:  Rs. 2,00,000/-   • Maximum Basic Sum Assured:  No Limit  • Minimum Policy Term:  16 Year OR 21 Year OR 25 Year  • Premium Paying Term:  For Term 16 Year PPT 10 year , For Term 21 Year PPT 15 Year , For Term 25 Year PPT 16 year   • Minimum Entry Age:  8 years (completed)   • Maximum Entry Age:  59 years (nearer birthday)   • Maximum Age at Maturity for Life Assured:  75 years   • Mode of Premium Payment:  Yearly, half-yearly, quarterly & monthly   • Accidental Death & Disability Benefit Rider  is available on payment of additional premium.   LIC's Jeevan Labh Benefit Details • On Death:  "Sum Assured + Vested Bonus + FAB if any."  • Where 'S.A. on Death' is defined as the higher of  i. 10 times of Anualized Premium, OR  ii. 105%of all Premiums paid as on death • On Survival :  On surv
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LIC Insurance Plan - Jeevan Pragati

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LIC's Jeevan Pragati Plan is a non-linked, with profits plan which offers a combination of protection and savings. This plan provides for automatic increase in risk cover after every five years during the term of the policy. • Minimum Basic Sum Assured:  Rs. 1,50,000/-   • Maximum Basic Sum Assured:  No Limit (Multiple of Rs. 10,000/- only)   • Minimum Policy Term:  12 years   • Maximum Policy Term:  20 years   • Minimum Entry Age:  12 years (completed)   • Maximum Entry Age:  45 years (nearer birthday)   • Maximum Age at Maturity for Life Assured:  65 years   • Mode of Premium Payment:  Yearly, half-yearly, quarterly & monthly   • Accidental Death & Disability Benefit Rider  is available on payment of additional premium.   • Minimum entry age for the rider  is 18 years.   • Minimum Accident Benefit Sum Assured  is Rs 10,000   • Maximum Accident Benefit Sum Assured  is an amount equal to the Basic Sum Assured subject to the maximum of Rs 1 Cr
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LIC Insurance Plan - Children's Money Back (Plan No. 832)

By Krunal -
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LIC's New Children’s Money Back Plan is a participating non-linked money back plan. This plan is specially designed to meet the educational, marriage and other needs of growing children through Survival Benefits. In addition, it provides for the risk cover on the life of child during the policy term and for number of survival benefits on surviving to the end of the specified durations. • Minimum Basic Sum Assured:  Rs. 1,00,000/-   • Maximum Basic Sum Assured:  No Limit   • Policy Term:  25 – Age at entry of the child   • Minimum Entry Age:  0 Year Last Birthday   • Maximum Entry Age:  12 Year Last Birthday   • Age at Maturity for Life Assured:  25 years   • Mode of Premium Payment:  Yearly, half-yearly, quarterly & monthly   LIC's Childrens Money Back Benefit Details • On Death Before the Date of Commencement of Risk:  An amount equal to the total amount of premium's paid excluding taxes, extra premium and rider premium, if any shall be payable.
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