May 31, 2020   |   by admin

Compare LIC’s Jeevan Rakshak Plan with other insurance plans and buy. Check details, benefits, eligibility, documentation and read reviews at PolicyBazaar. Jeevan Rakshak (Plan ) is a regular premium paying Endowment Assurance plan from LIC of India. Read complete details with calculators. LIC is going to launch new plan – Jeevan Rakshak, Table No Plan introduce on 19 August and can also be known as Aam Aadami.

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His spouse and kid s may be dependent on him for all their financial needs. Let us now calculate the returns of the 20 year Jeevan Rakshak plan. The policy offers great flexibility; you can apply for this insurance for your 8 years old child as well.

Maturity benefit is paid if the policy owner is able to survive the term of the policy and on the termination of the policy. Dear Manjunatha, Suggest you to ignore buying this policy, if your requirement is life insurance cover, consider buying a Term insurance plan. Dear Dolma, Suggest you to come plqn of this policy?

Choose the right policy and cover. Term insurance Vs Endowment plans.

LIC JEEVAN RAKSHAK Plan – Review & Return Calculation

Reply SK Feb 9, 1: This is a standard endowment plan. Mr X has jeeevan policy for sum assured of Rs 5 Lakh. The minimum sum assured per life is 75, rupees and the maximum of rupees.


Incase if you are unable to view the below calculator then kindly refresh 8277 browser. Documents required for this Policy To buy this policy the person needs to plzn an application or proposal form with precise medical history and know your customer document which is commonly known as KYC document.

You have to declare good health which makes it very simple to associate with this policy. Husband will be a sole bread winner with an income of say Rs10, pm.

For this, the policy should obtain a surrender worth and should have completed 3 years of the policy term. Suggest you to buy a term plan only and invest the plxn amount in other investment options as per your financial goals. The policy is an excellent choice for those who belong to a low-income group and want to save something for your financially future.

LIC Jeevan Rakshak Plan () – Online Reviews, Features & Benefits

How helpful was this page? Your age, existing life insurance coverage etc. Reply saroj pandey Aug 27, Kindly go through my article: You can get this policy without any medical test.

Please keep alerting investors like this.

Dear Seekanth Reddy, my relation joined a policy jeevan rakshak plan at that age is 33 years, male year sum assured is 2 lac term 15 year premium. Dear sir my name is manjunatha.

Kindly keep giving your valuable feedback. Best Term insurance plans Term insurance Vs Traditional plans. Sir I have a plan to invest p. Raksgak New plan Oct 20, 5: Top Online Term insurance plans. You can choose an amount between 75, and 2,00, Hi Sreekanth I really appreciate jervan analysis, Good Job.


Yakub — Before recommending this plan, i would like to know rashak details from you. When did you buy this policy? Our Products Motor Insurance. The login page will open in a new window.

Do you have any other life insurance policies? When you complete the maturity age the policy offers you the Basic Sum Assured with loyalty additions if applicable. Reply ram Jan 26, 6: Hi I paid yearly Rs. Ranga Rao — the suitability of a financial product depends on many factors.

As against the over all payment of approx 1. It provides risk cum saving to the lower strata of society.

LIC Jeevan Rakshak (New Plan) – Review & Returns Calculation

As far as the question of Rs. Reply Nivas Mar 10, 4: Dear friends, I do not know how many of you have moved out in the rural areas of Bihar,Jharkhand,Orissa llan Uttar pradesh to sell an Insurance Policy. They have to work to make money. Consider buying a Term plan with adequate life insurance cover.