L I C Agent Services

Noida, Gautam Budh Nagar, Uttar Pradesh
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  • Legal Status of Firm

    Individual - Proprietor

  • Year of Establishment

    2007

  • Annual Turnover

    Rs. 50 Lakh - 1 Crore

  • Indiamart Member Since

    Feb 2010

Jeevan Saral

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Jeevan Saral
Product Summary:
This is an Endowment Assurance plan where the proposer has simply to choose the amount and mode of premium payment. The plan provides financial protection against death throughout the term of the plan. The death benefit is directly related to the premiums paid. The Maturity Sum Assured depends on the age at entry of the life to be assured and 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 are payable yearly, half-yearly, quarterly, or monthly through salary deductions as opted by you throughout the term of the policy or till earlier death.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.Death Benefit:
250 times the monthly premium together with loyalty additions, if any, and return of premiums excluding first year premiums and extra/rider premium, if any, is payable in lump sum on death of the life assured during the term of the policy.Maturity Benefit:
The Maturity Sum Assured plus Loyalty additions, if any, is payable in a lump sum.Supplementary/Extra Benefits:
These are the optional benefits that can be added to your basic plan for extra protection/option. An additional premium is required to be paid for these benefits.Surrender Value:
Buying a life insurance contract is a long-term commitment. However, surrender values are available on earlier termination of the contract. The surrender value will be the greater of the guaranteed surrender value and special surrender. The plan also allows for partial surrenders.Guaranteed Surrender Value:
The policy can be surrendered after it has been in force for at least 3 full years. The Guaranteed Surrender value will be equal to 30% of the total amount of premiums paid excluding the premiums for the first year and all the extra premiums and premiums for accident benefit / term rider.

Special Surrender Value:
80% of Maturity Sum Assured if 3 or more years’ but less than 4 years’ premiums have been paid; 90% of the Maturity Sum Assured, if 4 or more years’ but less than 5 years’ premiums have been paid and 100% of the Maturity Sum Assured, if 5 or more years’ premiums have been paid. The Maturity Sum Assured for this para will be the Maturity Sum Assured corresponding to the term for which premiums have been paid under the policy.

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Jeevan Saral

Product Details

Company Details

Product Description

Jeevan Saral

Product Summary:
This is an Endowment Assurance plan where the proposer has simply to choose the amount and mode of premium payment. The plan provides financial protection against death throughout the term of the plan. The death benefit is directly related to the premiums paid. The Maturity Sum Assured depends on the age at entry of the life to be assured and 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 are payable yearly, half-yearly, quarterly, or monthly through salary deductions as opted by you throughout the term of the policy or till earlier death.

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.

Death Benefit:
250 times the monthly premium together with loyalty additions, if any, and return of premiums excluding first year premiums and extra/rider premium, if any, is payable in lump sum on death of the life assured during the term of the policy.

Maturity Benefit:
The Maturity Sum Assured plus Loyalty additions, if any, is payable in a lump sum.

Supplementary/Extra Benefits:
These are the optional benefits that can be added to your basic plan for extra protection/option. An additional premium is required to be paid for these benefits.

Surrender Value:
Buying a life insurance contract is a long-term commitment. However, surrender values are available on earlier termination of the contract. The surrender value will be the greater of the guaranteed surrender value and special surrender. The plan also allows for partial surrenders.

Guaranteed Surrender Value:
The policy can be surrendered after it has been in force for at least 3 full years. The Guaranteed Surrender value will be equal to 30% of the total amount of premiums paid excluding the premiums for the first year and all the extra premiums and premiums for accident benefit / term rider.

Special Surrender Value:
80% of Maturity Sum Assured if 3 or more years' but less than 4 years' premiums have been paid; 90% of the Maturity Sum Assured, if 4 or more years' but less than 5 years' premiums have been paid and 100% of the Maturity Sum Assured, if 5 or more years' premiums have been paid. The Maturity Sum Assured for this para will be the Maturity Sum Assured corresponding to the term for which premiums have been paid under the policy.


Additional Information

Item Code T-165
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About the Company

Year of Establishment2007
Legal Status of FirmIndividual - Proprietor
Nature of BusinessService Provider
Number of EmployeesUpto 10 People
Annual TurnoverRs. 50 Lakh - 1 Crore
IndiaMART Member SinceFeb 2010
Insurance Planner is counted as a reputed name in the market of Insurance Service Providers. The company provides the Insurance Plans to the clients. A wide gamut of Services, offered by our company, comprises of Life Insurance Plans, Health Insurance Plans, Auto Insurance Plans, and General Insurance Plans. In addition, the company also provides Bima Account in Endowment Assurance Plans, Pension Plans and Jeevan Saral Plans in all over India with Delhi and NCR as the prominent markets.
We are one of the leading Insurance Services Providers based in Noida, Uttar Pradesh, India. We started our mission as an insurance planner in 2007. We plan for the lives of our clients and their loved ones, so that they can lead their lives without any financial hurdle and achieve success. Our company is purely client-centric and gives the tips to our clients at per their needs and suitability.
Team
Our organization has a team of experienced, well-qualified, and analytically proficient professionals. Our team includes economic experts, insurance sales agents, and financial advisors. This team of our company primarily understands our clients' needs in detail, and then provides the perfect guidance to them.
Quality
We are a quality-obsessed firm and every professional of our company is directed to provide the best quality results and satisfaction to our clients. The professionals of our company lead with a specified strategy and policies, so as to adhere with the company’s quality standards.
Why Us?
The clients approach our company when it comes to Insurance Services due to following factors :
  • We offer perfect plans that provide healthy returns to the clients
  • Our company renders services at low premiums
  • We follow ethical business practices and have client-centric approach

By following these marks our company has succeeded to carve a niche in the market.
Jeevan Saral
Jeevan Saral
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Seller Contact Details

Bhupendra Kumar

D- 55, Sector 15, Noida - 201301, Gautam Budh Nagar, Uttar Pradesh, India

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