http://WWW.CHENNAIFINSERV.COM
http://WWW.CHENNAIFINSERV.COM

Checking delivery availability...

background-sm
Search
3

Updates found with 'special circumstances'

Page  1 1

Updates found with 'special circumstances'

Plan :Pradhan Mantri Vaya Vandana Yojana(842)Product Summary :"Pradhan Mantri Vaya Vandana Yojana" (Plan No. 842) is a Government subsidized Scheme which shall provide an assured return of 8% p.a.payable monthly (i.e. equivalent to 8.30% p.a.) on the pensioner surviving during the policy term of 10 years for citizens aged 60 years and above.Premium Payment Mode:Single PremiumMode of Pension payment: • The modes of pension payment are monthly, quarterly, half-yearly & yearly. The pension payment shall be through NEFT OR Aadhaar Enabled Payment System only.Pension Rate :• Yearly : 8.30• Halfly : 8.13• Quarterly : 8.05• Monthly : 8.00Minimum Entry Age :60 Year Completed Maximum Entry Age :No LimitMinimum Sum Assured :• Yearly : 1, 44, 578• Halfly : 1, 47, 601• Quarterly : 1, 49, 068• Monthly : 1, 50, 000 Maximum Sum Assured :• Yearly : 7, 22, 892• Halfly : 7, 38, 007• Quarterly : 7, 45, 342• Monthly : 7, 50, 000 Min-Max Pension Limit :• Minimum Pension:Rs. 1, 000/- per MonthRs. 3, 000/- per QuarterRs. 6, 000/- per Half-yearRs. 12, 000/- per Year• Maximum Pension:Rs. 5, 000/- per MonthRs. 15, 000/- per QuarterRs. 30, 000/- per Half-yearRs. 60, 000/- per YearPolicy Benefits :On Death :On death, the full purchase price will be refunded to nominee.Surrendered Value :Surrender would be allowed in special circumstances like critical / terminal illness of self or spouse. The Surrender Value payable in such cases shall be 98% of Purchase Price. Loan :Loan (up to 75% of subscribed amount) can be availed after 3 years from the Date of Commencement.
Send Enquiry
Read More
Plan :Jeevan Shiromani (847)Product Summary :LIC's Jeevan Shiromani plan is a non-linked, with-profits, limited premium payment money back life insurance plan especially designed for targeted segment of High Net-worth Individuals.Premium Payment Mode :Yearly, Halfly, Quarterly, Monthly(ECS)Term/Ppt :14/10, 16/12, 18/14 & 20/16 YearsMinimum Entry Age :18 Years completedMaximum Entry Age :55 Years (Nearer Birthday) for Term 1451 Years (Nearer Birthday) for Term 1648 Years (Nearer Birthday) for Term 1845 Years (Nearer Birthday) for Term 20Maximum Maturity Age :69 Years (Nearer Birthday) for term 1467 Years (Nearer Birthday) for term 1666 Years (Nearer Birthday) for term 1865 Years (Nearer Birthday) for term 20Minimum Sum Assured :Rs 1 crore (Multiple of 5 lakhs thereafter)Maximum Sum Assured :No LimitGuaranteed Addition :Rs 50/- per 1000 SA for 1st 5 yearsRs 55/- per 1000 SA for remaining PPTPolicy Benefits :On Death :Death during 5 yrs : SA on Death + GADeath after 5 yrs : SA on Death + GA + LA*SA on Death* : 125% of BSA or 10 times AP or 105% of Premiums PaidSurvival Benefits :For 14 yrs policy : 30% of BSA in 10th & 12th yearFor 16 yrs policy : 35% in 12th & 14th yearFor 18 yrs policy : 40% in 14th & 16th yearFor 20 yrs policy : 45% in 16th & 18th yearMaturity time : Remaining SA with GA + LAInbuilt Critical Illness Benefit:10% of BSA on diagnosis of 15 Critical diseases + Premium is deferred for 2 Years w/o interest.Surrendered Value :The Policy can be surrendered at any time during the policy term provided atleast 3 full years premiums have been paid.Loan :Loan Facillity is available under this plan, after payment of premiums for at least 1 full years.
Send Enquiry
Read More
Plan :Bima Shree (848)Product Summary :LIC's Bima Shree plan is a non-linked, with-profits, limited premium payment money back life insurance plan with minimum Basic Sum Assured of Rs. 10 lakh especially designed for targeted segment of High Net-worth Individuals.Premium Payment Mode :Yearly, Halfly, Quarterly, Monthly(ECS)Term/Ppt :14/10, 16/12, 18/14 & 20/16 YearsMinimum Entry Age :8 Years completedMaximum Entry Age :55 Years (Nearer Birthday) for Term 1451 Years (Nearer Birthday) for Term 1648 Years (Nearer Birthday) for Term 1845 Years (Nearer Birthday) for Term 20Maximum Maturity Age :69 Years (Nearer Birthday) for term 1467 Years (Nearer Birthday) for term 1666 Years (Nearer Birthday) for term 1865 Years (Nearer Birthday) for term 20Minimum Sum Assured :Rs 10 lakh (Multiple of 1 lakhs thereafter)Maximum Sum Assured :No LimitGuaranteed Addition :Rs 50/- per 1000 SA for 1st 5 yearsRs 55/- per 1000 SA for remaining PPTPolicy Benefits :On Death :Death during 5 yrs : SA on Death + GADeath after 5 yrs : SA on Death + GA + LA*SA on Death* : 125% of BSA or 10 times AP or 105% of Premiums PaidSurvival Benefits :For 14 yrs policy : 30% of BSA in 10th & 12th yearFor 16 yrs policy : 35% in 12th & 14th yearFor 18 yrs policy : 40% in 14th & 16th yearFor 20 yrs policy : 45% in 16th & 18th yearMaturity time : Remaining SA with GA + LA Lic's New Critical Illness Benefit Rider available. Lic's Premium Waiver Benefit Rider available.Surrendered Value :The Policy can be surrendered at any time during the policy term provided atleast 2 full years premiums have been paid.Loan :Loan Facillity is available under this plan, after payment of premiums for at least 2 full years.
Send Enquiry
Read More
Plan :Jeevan Akshay VI(189)Product Summary :LIC Jeevan Akshay VI (189) is an immediate annuity plan that can be bought by paying a lumpsum as Single Premium. Pension will start immediately after buying the policy.Various options are available for the type and mode of payment of annuities. But once chosen, it can not be changed.Premium Payment Mode:Single PremiumAnnuity Mode: • Annuity may be paid either at monthly, quarterly, half yearly or yearly intervals. You may opt any mode of payment of AnnuityMinimum Entry Age :30 Year Completed Maximum Entry Age :• 100 Year Last Birthday for option '[F] Annuity for life with return of purchase price on death' • 85 Year Last Birthday For all anuity option other than option 'F' Minimum Sum Assured :• Rs.1, 00, 000/- for all distribution channels except online.• Rs.1, 50, 000/- for on line sale. Maximum Sum Assured :NO LIMITAnnuity Option :i) Annuity for lifeii) Annuity guaranteed for 5, 10, 15 or 20 years and for life thereafteriii) Annuity for life with return of purchase price on deathiv) Annuity for life increasing at a simple rate of 3% p.a.v) Annuity for life with a provision for 50% of the annuity to the spouse of the annuitant for life on death of the annuitant.vi) Annuity for life with a provision for 100% of the annuity to the spouse of the annuitant for life on death of the annuitant.vii) Annuity for life with a provision of 100% of the annuity payable to spouse during his/her life time on death of annuitant with return of purchase price on the death of last survivor.Policy Benefits :On Death :(a) Under option (i) - payment of annuity ceases.(b) Under option (ii)i. On death during the guarantee period - annuity is paid to the nominee till the end of the guaranteed period after which the same ceases.ii. On death after the guarantee period - payment of annuity ceases.(c) Under option (iii) - payment of annuity ceases and the purchase price is returned to the nominee.(d) Under option (iv) - payment of annuity ceases.(e) Under option (v) - payment of annuity ceases and 50% of the annuity is paid to the surviving named spouse during his/her life time. If the spouse predeceases the annuitant, nothing is payable after the death of the annuitant.(f) Under option (vi) - payment of annuity ceases and 100% of the annuity is paid to the surviving named spouse during his/her life time. If the spouse predeceases the annuitant, nothing is payable after the death of the annuitant.(g) Under option (vii) - payment of annuity ceases. 100% of the annuity is paid to the surviving named spouse during his/her life time and purchase price is returned to the nominee after the death of the spouse. If the spouse predeceases the annuitant, the annuity ceases and purchase price is paid to the nominee. The amount of annuity shall be assured throughout the period for which it is payable.Surrendered Value :Surrender shall be allowed after completion of atleast one policy year from date of commencement of policy only for Annuity Option 'F - Annuity for life with return of purchase price' in some circumstances.Loan :No loan will be available under the policy.Income Tax Benefit :• Premium paid under this plan is eligible for TAX rebate under section 80c.• Pension that is received is taxable.Proposal Form 440 (IA) shall be used under this plan.
Send Enquiry
Read More
Page 1 0.7