Witness the grand unveiling of LIC's latest marvel, Jeevan Kiran! Step into a world of limitless possibilities with this unique offering from Life Insurance Corporation of India. Plan No. 870, now in effect from July 27, 2023, brings you a bespoke individual savings and life insurance plan that is destined to reshape your financial landscape. Buckle up as we embark on an exciting journey filled with perplexity, burstiness, and unpredictability!
Unlocking the Power of Jeevan Kiran:
Jeevan Kiran presents itself as an excellent choice for those seeking substantial life coverage at an affordable cost. This golden opportunity is open to young adults aged 18 and above, extending all the way up to 65. With a minimum sum assured amount of Rs 15 lakhs, this plan ensures a moderate life cover to safeguard your future.
Flexibility Tailored to You:
Embrace the freedom of choice with a policy term ranging from 10 to 40 years. Moreover, the premium rates reflect the diversity of our customers - catering to both non-smokers and smokers, each finding their perfect fit.
Rewards Await the Discerning:
For the ones aspiring for more significant protection with a sum assured beyond Rs 50 lakhs, exclusive rebates on tabular premiums await. So seize the day and let your dreams take flight!
A Dual Promise for a Better Tomorrow:
Jeevan Kiran doesn't just protect your future, but also ensures you reap the benefits of your commitment. Upon maturity, if the policy is active, you will be entitled to a refund of total premiums paid (excluding any extra premium, rider premium, and taxes). Your investment shall come full circle, setting you on the path to prosperity.
A Shield for Loved Ones:
In the event of the unfortunate demise of the policyholder during the policy term, the "Sum Assured on Death" shall be disbursed, providing a safety net for your dear ones. For regular premium payment policies, the payout shall be the higher of seven times the annualized premium or 105% of "Total Premium Paid" up to the date of death or the basic sum assured. Single premium policies offer even greater protection, with a payout equivalent to the higher of 125% of the single premium or the basic sum assured.
Add-Ons for Enhanced Security:
Customize your plan with optional riders, featuring LIC's Accidental Death and Disability Benefit Rider (UIN: 512B209V02) and LIC's Accident Benefit Rider (UIN 512B203V03). These can be added by paying an additional premium, ensuring comprehensive protection tailored to your unique needs.
Embrace the Future, Your Way:
Embracing flexibility to its core, Jeevan Kiran offers a settlement option, enabling you to receive the maturity or death benefit over a span of five years. Tailor your financial destiny according to your vision!
Seize the Opportunity Today:
Jeevan Kiran is just a click away! Experience the convenience of purchasing this incredible plan online through our website. If you prefer a more personal touch, our dedicated agents, corporate representatives, brokers, and insurance marketing firms are ready to assist you offline.
Join the Jeevan Kiran family today, and let your future flourish with boundless potential!
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