Friday, 11 January 2013

Jeevan surabhi Plan by LIC


This plan is in special interest of those who wish to provide for their old- age and want to receive lump sum benefits at periodic intervals. Jeevan Surabhi is similar to a regular Money Back Policy with the main difference wherein, the maturity under this plan is more than the premium paying term, the survival benefits are higher and realized earlier. Also, the risk cover increases every five years.
The actual term and the premium paying term for these plans are as under.
Plan no.
Policy Term
Premium Paying Term
106
15 years
12 years
107
20 years
15 years
108
25 years
18 years
You will receive the full sum assured as survival benefit at the end of the premium paying term. But the risk cover and additional risk continue as the policy gets to participate in the profits till the end of the policy term. The accident benefit under this plan is restricted to thepremium paying term and to an overall limit of Rs. 5 Lakhs on a single life.

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