LIC Jeevan Amar Plan 955 Details In Hindi | Best Insurance Plan | LIC Best Plan 2023 | Josh Money
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In this video of Josh Money, we will be discussing LIC Jeevan Amar Plan.
What is LIC Jeevan Amar Plan 955?
It is a Limited Premium Endowment Plan. This term plan is a pure protection plan which provides life coverage to its policyholders at a friendly price and guarantees financial support for families in the case of the unfortunate death of the insured during the term of the policy.
Jeevan Amar comes with an accidental rider benefit which is available during the payment of the premium under regular and limited-term plans.
This is LIC’s new term plan which is a non-participating and non-linked insurance plan. Jeevan Amar is an offline term plan which is similar to the Tech term plan which is an online plan. The difference in these plans is the total sum assured and medium to purchase. This plan comes with two options: level sum assured and increasing sum assured.
There are two categories of premium rates, which come under this plan: non-smoker rates and smoker rates. Another advantage of this plan is that it offers special premium rates for women. The plan offers coverage for up to 80 years of age. The insurer can choose the required premium payment method. He/she can choose from single, regular and limited payment methods. It also offers ease to selecting death benefit payments in a lump sum or through instalments.
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