Avdhoot Investment

LIC Wealth Plus ULIP 7 Years Highest NAV Guaranteed Return Plan

2010-03-02T17:52:00.000+05:30

LIC’s Wealth Plus Plan which is closed ended plan will be introduced on 9th February 2010. Salient features of thes policy (plan No. 801) are as follows:

•Unit Linked Plan with Policy Term of 8 Years.
•Free Insurance Cover for 2 years after maturity.
•Amount payable on maturity will be based on Highest NAV in the 1st 7 years or the NAV at the end of 8 years whichever is higher.
•Accicent benefit upto 50 lacs is available.
•Mode of Payment- Single or for 3 Years. For 3 years premium paying term, premium can be paid monthly, ECS, Quarterly, Half Yearly or Yearly.
•Minimum premium Rs. 2,000/- p.m. for monthly (ECS) mode. Rs. 20,000/- p.a. for 3 year term & Rs. 40,000/- for single premium. Maximum Premium: No Limits.
•Minimum age of entry 10 years and maximum 65 Years.
Click here for Detail Presentation

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LIC plans to alter ULIP polices terms

2009-12-02T23:12:00.001+05:30

(PTI) Life Insurance Corporation of India (LIC) was planning to raise minimum premium from Rs 25,000 to Rs 40,000 and increase the lock in period from five years to 10 years for ULIP products. "We may have to raise minimum premium from Rs 25,000 to Rs 40,000 and increase the lock in period from five years to 10 years so that commissions can be kept intact.
The actuaries are presently working on it," LIC Chairman T S Vijayan said last evening. This is to keep agents'' commissions for unit linked policies (ULIP) intact post new norms on expenses directive by Insurance Regulatory Development Authority (IRDA) from January 2010.
"From January 2010 the cap on expenses for ULIPS will be applicable. We have asked our actuaries to restructure some of our products and asked to cut expenses like manager''s charges but not to alter agents commissions or development officer''s incentives so that commissions can be kept intact," he said.
The step is seen as LIC''s move not to loose sales force in wake of growing competition from the expanding private sector life players.

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LIC's New Jeevan Nischay Single Premium Guarnteed Return Plan no 199

2009-11-02T11:29:00.001+05:30

Details of the Plan 199 are as follows: It has been decided to introduce 'LIC's JEEVAN NISCHAY, (Plan No. 199) a closed ended plan which would be open for sale from 29th October 2009 till 31st March 2010. This plan shall be offered only to our existing policyholders.
Benefits:
LIC's Jeevan Nischay is a single premium assurance plan with Loyalty Additions, if any. It shall be offered, without any medical examination, only to the existing policyholders of the Corporation whose previous policies have been accepted at standard rates and have at least one policy inforce.

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Indiabulls Power IPO

2009-10-09T19:11:00.001+05:30

Indiabulls Power IPO.
Detail summary of IPO
Date: 12 to 15 Oct 2009.
Price Rage: Rs. 40 to 45.
Lot Size: 150 Shares & in multiples of 150.
IPO Grading: Graded by Crisil Limited as 3/5.
Apply here to invest in Indiabulls Power IPO. Application Forms are available at our office. Free services is avail if application apply for more than 50000/-.

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Oil India Ltd IPO open for sale

2009-09-03T18:08:00.001+05:30

Public issue of 26,449,982 equity shares bid offer is open for sale.

Issue open on : September 7, 2009.

Issue Closing on : September 10, 2009.

Minimum Shares : 6

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Hurry! L & T Finance Issue Closing Shortly

2009-08-24T15:40:00.001+05:30

Public issue by L&T Finance Ltd for 50,00,000 secured redeemable non-convertible debetures issue closing at 4th sept. 2009.

Here is the Interest Rates for the issue

Options	Interest Payment	Face Value	Coupon (%) p.a.	Tenor	Yield
I	qly	1,000/-	9.51%	60 months	9.85%
II	semi-annually	1,000/-	9.62%	60 months	9.85%
II	cumulative compounded annually	1,000/-	9.95%	88 months	9.95%
IV	semi annually	1,000/-	10.24%	120 months	10.50%

L & T Finance NCD Issue

2009-08-18T12:41:00.001+05:30

L & T finance is coming with public issue of 50,00,000 Secured Redeemable Non-Convertible Debentures to raise Rs.500 Crores with an option to retain over-subscription upto Rs.500 Crores for issuance of additional NCDs, aggregating upto a total of Rs.1,000 Crores
The following is a summary of the terms of the Issue. This summary should be read in

conjunction with, and is qualified in its entirety by, more detailed information in the

chapter titled “Terms of the Issue” beginning on page 143 of this Prospectus.

Common Terms of NCDs

Issuer L&T Finance Limited

Issue 50,00,000 NCDs of Rs.1,000/- each aggregating to Rs.500 Crores with an

option to retain over-subscription upto Rs.500 Crores for issuance of

additional NCDs, aggregating upto a total of Rs.1,000 Crores

Stock Exchanges

proposed for listing of

the NCDs

NSE

Issuance and trading In Demat form only

Depository NSDL and CDSL

Security Security will be created for the purpose of this Issue as per the Debenture

Trust - cum - Mortgage Deed. For further details, please refer to page 153 of

this Prospectus.

Rating(s) CARE AA+ by CARE and LAA+ by ICRA

Issue Schedule* Issue Opening Date: August 18, 2009 and Issue Closing Date:

September 04, 2009

Deemed Date of

Allotment

Deemed date of allotment shall be the date of issue of the letter of allotment /

regret, as the case may be

Settlement Please refer to the section titled “Terms of the Issue” beginning on page

143.

* The subscription list for the public issue shall remain open for subscription at the commencement of

banking hours and close at the close of banking hours on the dates indicated above or earlier on such date

as may be decided at the discretion of the Board / Committee of Directors of the Company, as the case may

be. In case of an earlier closure, the Company shall ensure that notice of atleast 3 days is given to the

investors which shall be communicated through advertisements.

The NCDs will be issued at a face value of Rs.1,000/- each.
The issue is opening on the 18th of August and closing on the 4th of September.For more Detail Visit Avdhoot Investment

Check your Adani Power IPO Allotment Status here

2009-08-16T10:52:00.000+05:30

Check you Adani Power IPO Allotment Status here.

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LIC is Launching New LIC's Jeevan Saathi Plus ULIP Insurance (Plan No 197)

2009-08-11T11:34:00.005+05:30

LIC is Launching New Jeevan Saathi Plus ULIP Scheme.
LIC's Jeevan Saathi Plus (Plan 197): This is a unit linked Joint Life plan wherein a couple can take insurance cover on their lives under a single policy. The proposer under this plan shall be called Principal Life Assured (P.L.A.) and the other life (wife/husband) shall be called Spouse Life Assured (S.L.A.).
Benefits:
· Custom Individual Risk Cover: Option to choose separate amount of risk cover for your self & your spouse· Combined Risk Cover up to 30 times of the annualized premium can be opted.· Premium payment modes: Single, Yearly, Half yearly, Quarterly or Monthly (ECS).· Top-up premium option available.· Choose your investment risk by investing in any of the 4 funds - BOND, SECURED, BALANCED or GROWTH· 4 FREE fund switches in a year & there after with nominal charges.· Liquidity: Partial Withdrawal option available.· Premium Waiver Benefit: In event of Proposer's (PLA) death, future premiums are waived & an amount equal to all future premiums is added to fund.· Auto Cover option available after 3 years· Settlement option: Maturity benefit can be taken in lump sum or in installments (Half-yearly or Yearly).
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Oriental Insurance Launching New Happy Family Floater Mediclaim Insurance Policy

2009-08-11T11:33:00.000+05:30

* Our Happy Family Floater aspires to protect you against escalating medical cost and supports you in creating a healthy tomorrow for yourself and your near-ones.It is an extensive cover for medical expenses of illness and accidents requiring in patient hospitalization. Optional covers are available for Personal Accident (Worldwide). In addition, an add-on benefit of "Life hardship Survival" can be availed for certain critical diseases.

* The Happy Family Floater is available in Silver and Gold variants. The cover amount ranges from Rs. 1- 10 lacs.

Key Benefits of Happy Family Floater:

* Wide coverage for the whole family (Self and Spouse, dependent, unemployed children below 25 years of Age, unmarried/divorced/widowed daughter and dependent parents-in-law.

* Start with a smaller Sum Insured and increase it over the years as per your requirement (subject to policy conditions).

* Tax relief under section 80 D of the Income Tax act.

* Medical Check-up is required only for insured aged 60 years and above.

* Use your Happy Family floater ID card at more than 5000 Hospitals and avail cashless treatment (only on hospitalization) no more hassles of arranging money when you need it most.

* Pre-existing diseases covered from the fourth consecutive renewal.. Click here for Mediclaim Floater

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NHPC IPO Detail

2009-08-07T13:11:00.002+05:30

NHPC IPO details ::Issue Period: August 7, 2009 to August 12, 2009Bid Lot: 175 equity shares and multiple of 175 thereofPrice Band: Rs.30 to Rs.36Issue highlights ::NHPC is th e largest Hydro Power Company in India with a current total installed capacity of 5,175 MW. With 13 operating stations including Joint Ventures, it accounts for 14% of the Hydro Power capacity in India.NHPC has been awarded status of “Mini-Ratna” category-I PSU in April 2008 in recognition of its performance.This Issue has been graded by ICRA Limited and has been assigned a Grade of 3/5.

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Shriram Transport Finance Company Ltd (STFC)

2009-07-29T11:31:00.000+05:30

One of the largest asset financing NBFCs in India, plans to enter the debt capital market on 27 July, 2009 with a public issue of Non Convertible Debentures (NCDs) aggregating up to Rs. 500 cr with an option to retain over-subscription of upto Rs. 500 cr for issuance of additional NCDs.Details of the Issue is as followed :Issue Period : July 27, 2009 to August 14,2009 (With the option of closing earlier or extended upto a period of 1 month).Stock Exchange Proposed listing : NSE.Tenor : 3/5 years depending upon option applied.Interest on Application Money : 8% pa on the allotted amount.Interest on refunds : 2.5% pa on valid refund amount.Basis of allocation : First come first basis.Tax Implication : No Income tax is deductible at source on Interest..Rating : 'CARE AA+' by CARE and 'AA' by Fitch .
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Adani Power Limited IPO

2009-07-27T18:56:00.002+05:30

Particulars
Adani Power Limited Ltd
Planning to Offer
30,16,52,031 no. of equity shares
Face value
Rs.10/- each at a price to be discovered through book building process
Price band announced
Rs.90/- to Rs.100/- per equity share
Issue is scheduled to pen
28.07.2009
Issue is scheduled to close
31.07.2009
Managers to the Issue
DSP Merrill Lynch Ltd, Enam Securities Pvt. Ltd, IDFC – SSKI Limited, JM Financial Consultants Pvt. Ltd, Kotak Mahindra Capital Limited, Morgan Stanley India Company Private Limited, ICICI Securities Limited and SBI Capital Markets Limited.

We find from our records that you are one of the regular investors in IPOs/equity shares. We thought it appropriate to bring to your notice the following:
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LIC Introduce New Jeevan Varsha plan no 196

2009-02-13T17:44:00.002+05:30

LIC'S New JEEVAN VARSHA (PLAN No. 196): A Close ended plan which would be open for sale from 16th February 2009 to 31st March 2009. LIC's Jeevan Varsha is a money back plan with Guaranteed Additions and Loyalty Additions, if any. The benefits and other details of this plan are given below.
Plan No.196 Benefits:
a) Death BenefitOn death during the policy term excluding last policy Year: Sum Assured with assured Guaranteed Additions.
On death during last policy year: Sum Assured with accrued Guaranteed Additions along with Loyalty Addition, if any.
b) Survival BenefitsSurvival benefits will be payable as given below.
Percentage of Sum Assured under the basic Plan
Survival to end of
9-Year Plan
12- Year Plan
3 Years
15%
10%
6 Years
25%
20%
9 Years
---
30%

c) Maturity BenefitFor policy term of 9 years: 60% of the Sum Assured along with Guaranteed Additions and Loyalty addition, if any, will be payable.
For policy term of 12 years: 40% of the Sum Assured along with Guaranteed Additions and Loyalty addition, if any, will be payable.
d) Guaranteed Addition: The Guaranteed Addition will accrue for each policy year at the following rates:
Rs: 65 per thousand Sum Assured per year for a policy of 9 years term.
Rs:70 per thousand Sum Assured per year for a policy of 12 years term.
e) Loyalty Addition: Depending upon Corporation's experience with regard to policies issued under this plan, the policy will be eligible for Loyalty Addition on death during the last policy year or on the Life Assured surviving the stipulated date of maturity at such rate and on such terms as may be declared by the Corporation.
Eligibility Conditions and Restrictionsa) Minimum Sum Assured : Rs.50,000/-b) Maximum Sum Assured : Rs 25,00,000/-c) Minimum age at entry : 18 years completed.d) Maximum age at entry : 55 years nearest birthdaye) Maximum age at maturity : 70 years nearest birthdayf) Policy Term : 15 & 20 yearsThe Sum Assured shall be in multiples of Rs. 5,000
Mode of Premium Payment: Yearly, Half Yerly, Quarterly & Monthly (through ECS only).
Contact us for free quotes on LIC's Jeevan Varsha Life Insurance olicy. Our LIC of India's Authorised Agent/ Insurance Advisor/Consultant will Contact you within 24 hrs. Type your Business querry here.

LIC'S Jeevan Aastha (PLAN No. 195) Fixed Deposit Plan

2008-12-11T21:19:00.003+05:30

LIC'S Jeevan Aastha (PLAN No. 195): launched on 8st Dec 2008, Its LIC's Unique plan with Single premium for term of 5 year and 10 years. On maturity the Maturity Sum Assured (MSA) along with Guaranteed Addition and Loyalty Addition (If Any) shall be payable.
Eligibility Conditions and Restrictions
a) Minimum age at entry : 13 years completed.
b) Maximum age at entry : 60 years nearest birthday
c) Minimum Sum Assured : Rs.150,000/-
d) Maximum Sum Assured : No Limit
The Sum Assured shall be in multiples of Rs. 30,000
e) Policy Term : 5 & 10 years
Benefits:
a) Death Benefit:
On death during the first policy year: Basic Sum Assured with Guaranteed Addition.
On death during the policy term after first policy year, excluding last policy year:
1/3rd of Basic Sum Assured with Guaranteed Addition.
On death during last policy year: 1/3rd of Basic Sum Assured with Guaranteed
Addition along with loyalty addition, if any.
b) Maturity Benefit:
On maturity, the Maturity Sum Assured along with Guaranteed Addition and
Loyalty Addition, if any, shall be payable.
Maturity Sum Assured shall be 1/6th of Basic Sum Assured
For more Detail Visit Avdhoot Investment or Write us here.

LIC Introduce New Child Fortune Plus ULIP Plan

2008-12-02T17:56:00.001+05:30

LIC Child Fortune Plus: All of us wish to ensure the best possible future for our children. With the cost of education sky rocketing, it is all the more important that an early provision is made to ensure that your loved ones get a good head start in life. LIC’s Child Fortune Plus is a total solution to their education and other needs. The plan is a unit linked one offering the prospects of long term capital appreciation.
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Mediclaim- Health Insurance

2008-09-30T22:14:00.006+05:30

Introduction
Seeing your family in the pink of health ranks highest in priority for you . Yet , despite your best efforts ,illnesses do occur .With the spiraling cost of health care , these unforeseen circumstances can take a toll on your savings.To ensure that you don't need to spend your hard earned money on treatment of any such illness; we have a Policy that offers you all the financial support that you need.
Key Advantage
For the first time in India, Critical Illnesses are also covered as part of your Health Insurance Policy.

A separate Double sum Insured is automatically available as soon as any of the listed critical illnesses is diagnosed.
24 hours cashless facility at more than 3000 network hospitals.
Income Tax benefits under Section 80 D.
Options in duration of coverage -1 year/2 year policies available.
Family Floater benefit giving comprehensive protection to your family members under one single Policy .
Discount on renewal premium for claim free policy.
Coverage of pre-existing conditions after 2 years/4 years as per plan opted.

What does this policy cover?
Depending on the plan opted by you, your Oriental / ICICI General Insurance Pilicy covers :

Hospitalisation Expenses-Expenses incurred towards.
Hospital (room, boarding and operation theatre)
Doctors & nurses
Medical tests
Medicines, blood, oxygen, appliances etc.

Day Care Treatment-Medical expenses towards specific technologycally advanced day care treatments/surgeries where 24 hours of hospitalisation is not required .
Domiciliary Hospitalisation - All expenses related to a medical treatment , which is being administered at home, subject to specific conditions applicable.
Pre and Post Hospitalisation - Medical expenses related to your treatment before and after hospitalisation for a specified number of days.
Pre-Existing Diseases-Coverage of pre-existing doseases after two/four continuous renewals with us.
Critical Illness - Your Sum Insured is automatically single separately for treatment of Cancer,Coronary artery bypass surgery, First heart attack, Kidney failure, Multiple sclerosis,Majar organ transplant,Stroke, Aorta graft surgery,Paralysis and Primary pulmonary arterial hypertension.
Donor Expenses- All hospitalisation expenses incurred by the Donor in case of major organ.

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Travel Insurance Online for Overseas Travel in India

2008-09-30T21:58:00.003+05:30

The Overseas Mediclaim policy protects the insured party against medical expenses that he/she might have to incur during his/her overseas trip. Any Indian resident traveling abroad can take this policy. Group/Individuals can apply for this Policy.
Benefits:
The policy is basically provides for medical expenses of the insured during his/her stay abroad.
The policy also covers personal accident, total loss of checked baggage, delay of checked baggage, loss of passport and personal liability, at no additional premium.
The policy can be taken for a period of 0 to 180 days, with an option to extend further.
Repatriation Benefits: If the insured is required to be sent back to the home country on account of sickness suffered, the expenses incurred therewith are also paid.
All the expenses are reimbursed in the local currency of the country visited. For more Detail on Overseas Travel Insurance in India Free Cheaper Premium Rates affordable by customer/ student/ visitor. Visit Avdhoot Investment or click here to get free quotes

LIC: The Best Child Insurance Plan in India

2008-09-30T21:02:00.006+05:30

Which are the Children Plans are Best in LIC?
LIC have lot's of Children Life Insurance Plans like:

LIC Jeevan Kishore Child Insurance Policy
LIC New Komal Jeevan Money Back Children Plan
LIC Jeevan Chhay Endowment Insurance Plan for Child
LIC's Child Career & Child Future Plan.

All the plans/ Policies are specially designed for indian childrens. Which is the best plan for your child u can't decide. U must have to make consulting for Premium Charts, Reviwes, Calculations, Options, Combinations, Term, Policy Period, Growth of your Invested Money etc. Lot's of things are working behind this.........

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Travel Insurance: Buy Cheap Holiday Insurance for world wide Online India

2008-09-30T12:27:00.004+05:30

Travel Insuranbce: The Overseas Mediclaim policy protects the insured party against medical expenses that he/she might have to incur during his/her overseas trip. Any Indian resident traveling abroad can take this policy. Group/Individuals can apply for this Policy.
We offers Cheaper rates in Travel Insurance than others online premium rates here. for more Detail on Travel Insurance Visit Avdhoot Investment or send your querry here

LIC Jeevan Shree-1 Life Insurance Plan

2008-09-25T21:52:00.004+05:30

LIC's New Jeevan Shree-1 Life Insurance Plan
Benefits:
Product summary:This is an Endowment Assurance plan offering the choice of many convenient premium paying terms. It provides financial protection against death throughout the term of plan with the payment of maturity amount on survival to the end of the policy term.

Premiums:
Premiums are payable yearly, half-yearly, quarterly, monthly or through Salary deductions, as opted by you, throughout the premium paying term or till earlier death. Alternatively premium may be paid in one lump sum (Single premium).

Guaranteed Additions:
The policy provides for the Guaranteed Additions at the rate of Rs. 50/- per thousand Sum Assured for each completed year for first five years of the policy. The Guaranteed Additions are payable along with the Basic Sum Assured at the time of claim.

Bonuses:
The policy participates in the profits of the Corporation’s life insurance business from the 6th year onwards. It will get a share of the profits in the form of bonuses. Simple Reversionary Bonuses will be declared per thousand Basic Sum Assured annually at the end of each financial year. Once declared, they will form part of the guaranteed benefits of the plan.
Death Benefit:
The Sum Assured alongwith guaranteed additions and vested bonuses, if any, is payable in a lump sum on death of the life assured during the policy term.

Maturity Benefit:
The Sum Assured alongwith guaranteed additions and reversionary bonuses, if any is payable in a lump sum on survival to the end of the policy term.

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 value is available on the plan on earlier termination of the contract.

Guaranteed Surrender Value:
The policy may be surrendered after it has been in force for 3 years or more. The guaranteed surrender value is 30% of the basic premiums paid excluding the first year’s premium. In case of a single premium policy the guaranteed surrender value is 90% of the single premium paid excluding any extra premium.

Corporation’s policy on surrenders:
In practice, the Corporation will pay a Special Surrender Value – which is either equal to or more than the Guaranteed Surrender Value. The benefit payable on surrender reflects the discounted value of the reduced claim amount that would be payable on death or at maturity. This value will depend on the duration for which premiums have been paid and the policy duration at the date of surrender. In some circumstances, in case of early termination of the policy, the surrender value payable may be less than the total premium paid.

The Corporation reviews the surrender value payable under its plans from time to time depending on the economic environment, experience and other factors.

For more Detail on LIC's New Jeevanshree Policy click here or write to us here

The best endowment lic plan in India

2008-09-16T15:42:00.002+05:30

LIC's The Best Endowment Life Insurance Plan policy not only makes provisions for the family of the Life Assured in event of his early death but also assures a lump sum at a desired age. The lump sum can be reinvested to provide an annuity during the remainder of his life or in any other way considered suitable at that time. Premiums are usually payable for the selected term of years or until death if it occurs during the term period.Suitable For:Being an endowment assurance policy, this plan is apt for people of of all ages and social groups who wish to protect their families from a financial setback that may occur owing to their demise. The amount assured if not paid by reason of his death earlier will payable at the end of the endowment term where it can be invested in an annuity provision for the rest of the policyholder's life or in any other way he may think most suitable at that time. (LIC of India)
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LIC Monthly Savings Plans

2008-09-16T15:10:00.003+05:30

LIC's all the Plans are specially designed for all the people who will have different thoughts in their mind. As become your LIC Insurance Advisor it's my responsibily to suggest you which is the best saving plan for you. Do not search any more on LIC Monthly Savings Plans. There is nothing but i think you need Insurance Planning Assist.

think about future savings
think about after retirement plannings
think about your child career
think about safety
think about security
think about your money growth
think about your future planning
thnik about your pension planning
think every thing but be positive when investment planning.

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LIC Group Term Insurance Scheme Life Insurance Plan

2008-09-15T23:20:00.001+05:30

A) Nature of the Scheme:

LIC Group (term) Insurance Scheme is meant to provide life insurance protection to groups of people. Administration of the scheme is on group basis and cost is low. Under Group (Term) Insurance Scheme, life insurance cover is allowed to all the members of a group subject to some simple insurability conditions without insisting upon any medical evidence. Scheme offers covers only on death and there is no maturity value at the end of the term.

B) Premium Chargeable:

Group (Term) Insurance Scheme is at present offered under One Year Renewable Group term assurance plan (OYRGTA). Every year on Annual Renewal date LIC charges the premium depending upon the changes in size and age distribution of the age group.

C) Different Schemes:

Group (term) Insurance Scheme has a number of varieties . The Scheme may provide for a uniform cover to all members of the group or graded covers for different categories of members, cover for all amounts of outstanding housing loans or vehicle advances, or some other benefits (e.g., life cover to supplement pension or PF benefits in case of death). The schemes may have add-ons like Double Accident Benefit,Critical Illness Benefit, Disability benefit etc.

D) General Featues of various Group Insurance Schemes:

PREMIUM:
The premium under such scheme may be wholly paid by the employer or the Nodal Agency. However, the scheme may be contributory i.e. the members may also contribute.

DOUBLE ACCIDENT BENEFIT:
Double Accident Benefit, i.e. payment of double the sum assured on death due to accident (without permanent disability benefit), may be allowed under Group Insurance Schemes for an extra premium.

ELIGIBILITY:
For Group Insurance Scheme in lieu of EDLIS the insurability condition is that should be a member of the Provident Fund Scheme of the employer. For other GI Schemes of employer-employee groups the insurability condition is that the member should not be absent on ground of sickness on the entry date. For all non-employer-employee Group Schemes the basic insurability condition is that the member should be in good health on the date of entry.

ADMINISTRATION OF THE SCHEME:
At the commencement and thereafter on each Annual Renewal Date, the Group Policyholder will have to send all the member's data (and particulars of the new entrants from time to time) to the P & GS unit of LIC. Detailed OYRGTA premium calculation will be made on each Annual Renewal Date.

When a claim arises, the particulars of the respective member are to be intimated together with the claim form and death certificate.

Special Features of each Group Insurance Schemes can be obtained from the P&GS units of the Corporation.

For more Detail on LIC Group Term Insurance Scheme Life Insurance Plan Visit Avdhoot Investment

LIC Jeevan Amrut Life Insurance Plan Policy Detail

2008-09-15T23:16:00.001+05:30

LIC Jeevan Amrut Life Insurance Plan Policy Detail
Product summary:
Some people, particularly the younger ones, want to have high cover at a low cost. Further, many of them do not want commitment to pay premiums for a longer duration. LIC's Jeevan Amrit is most suitable for such persons. Under this plan premium payment is limited to 3 or 4 or 5 years and the premium payable during the first year is higher than the premiums payable in subsequent years.
Options:
You may choose Sum Assured (S.A.), Premium Paying Term, Policy Term and Mode of premium payment.

Payment of Premiums :
You may pay premiums yearly or half-yearly during the premium paying term of 3 or 4 or 5 years.

For more on LIC Jeevan Amrut Life Insurance Plan Policy Detail Visit Avdhoot Investment