WebLIC New Bima Gold Plan. Premiums as low as Rs.17/day for sum assured of Rs.1 crore*. Claim up to Rs. 1,50,000 deduction under section 80C**. Choose between annual and … WebFeb 19, 2013 · 3) Loyalty Addition (LA) -This is one time payment which will be given to you only after completion of certain period (either maturity or death). As the name suggests, this is given to you by being loyal to LIC.
Bima - definition of Bima by The Free Dictionary
WebIn the case of death after a period of 5 years but before the policy matures, besides the Sum Assured, an additional amount would be payable as 'Loyalty Addition'.50% of the Basic Sum Assured will be paid In case of death during the Extended Coverage. Auto Cover WebAug 16, 2005 · About LIC Bima Gold. It is a special endowment plan that offers periodic repayment. The money is repaid at the end of every fourth year of the policy term. Has an option to choose the fixed policy term of 12 or 16 or 20 years. LIC Bima gold provides … A death claim needs to intimated as soon as possible after the occurance of the … iot papers
LIC Bima Gold Plan Table No. 174 - Details, Benefits
WebOn the Life Assured surviving the stipulated date of maturity, a Loyalty Addition (one time only) is payable on maturity, depending upon the experience of the Corporation at such rate and on such terms as may be declared by the Corporation.(Assumed that it will be @ 55%) PAIDUP AND SURRENDER VALUE :- Web49. 200000 +LA. Maturity (40% of SA + Loyalty Addition) Total. 500000. Money Back + Maturity. As, this plan comes with extended life cover feature, so Mr Aravind will have life cover equal to half of the Sum Assured. The duration of this extended life cover is equals to half of the policy term starting from year of maturity. Following table ... WebNov 19, 2012 · 174 - Bima Gold. Minimum. Maximum. Term Age Sum. 40000. Premium Ceasing Age : 75 Premium Ceasing Term : 20. 12. 20. 14. 63. Plan Highlights. Bima Gold is a money back type plan where total premiums paid under the policy shall be paid back to the. policyholder in installments at the specified durations in case of survival and Sum … onwasa customer service number