This presentation is about LIC's JEEVAN SARAL. The USP of this plan is High cover at low premium.Extended cover for 1 year after 3 years of premium payment (Auto Cover). The policyholder can choose a maximum term but can surrender at any time without any surrender penalty or loss after 5 years. Any number of withdrawals through partial surrendering (after 4 years) Eligible for Tax benefits under 80 C and returns under Section 10, 10(D) on maturity date

1. LIC’s Jeevan Saral Policy – Table 165
By Ravi Kumar,
Financial Advisor
Blue Sapphire Financial Services
Mobile: 9900113820 / 9900253820
Email : ravi.kumar@bsfinancials.com
Web : http://www.bsfinancials.com/
FB
: www.facebook.com/bluesapphirefs

2. LIC’s Jeevan Saral Policy – Table 165
High cover at low premium
 Extended cover for 1 year after 3 years of
premium payment (Auto Cover)
 The policyholder can choose a maximum term
but can surrender at any time without any
surrender penalty or loss after 5 years
 Any number of withdrawals through partial
surrendering (after 4 years)
 Eligible for Tax benefits under 80 C and
returns under Section 10, 10(D) on maturity
date

Blue Sapphire Financial Services

3. LIC’s Jeevan Saral Policy – Table 165




Death Benefit: 250 times the monthly basic
premium + return of premiums (except 1st
year) + Loyalty Additions (if any)
Maturity Benefit: Maturity Sum Assured (MSA)
+ Loyalty Additions (if any)
Surrender Value: Policy can be surrendered
after it has been in force for at-least 3 years
Partial Surrender: Can be made anytime after
completion of 3 years or more from the
D.O.C. (provided all premiums are made)
Blue Sapphire Financial Services
3

4. LIC’s Jeevan Saral Policy – Table 165
#
Title
Value
1
Minimum age of entry
2
Maximum age of entry
60 years
age nearer birthday
3
Maximum maturity age
70 years
age nearer birthday
4
Policy term
10 – 35 years
-
Rs. 250 p.m.
Age 12 - 49
Rs.400 p.m.
Age 50 - 60
12 years
5
Minimum Premium
6
Maximum Premium
Modes Allowed
Yly, Hly, Qly,
SSS, ECS*
age last birthday
No Limit
7
Comment (if any)
Yly – Yearly, Hly – Half
Yearly, Qly - Quarterly
*SSS – Salary Savings Scheme, ECS – Electronic Clearing Service
Blue Sapphire Financial Services
4

5. LIC’s Jeevan Saral Policy – Table 165


India’s largest Insurance company
Winner of some of the most prestigious
awards such as CNBC Awaaz, Outlook Money,
Golden Peacock, etc.

Total Assets of Rs. 13,17, 416 crores

Life Fund in excess of Rs.11,51,200 crores

More than 53 different products

More than 16 crore customers
Blue Sapphire Financial Services
5

6. LIC’s Jeevan Saral Policy – Table 165