Jeevan Chhaya Policy

Jeevan Chhaya Policy

Product summary:
This is an Endowment Assurance plan that provides financial protection against death throughout the term of the plan. Besides payment of Sum Assured immediately on death, one-fourth of Sum Assured is payable at the end of each of last four years of policy term whether the life assured dies or survives the term of the policy.

Premiums:
Premiums are payable yearly, half-yearly, quarterly, monthly or through salary deductions as opted by you throughout the term of the policy or till the earlier death.

Bonuses:
This is a with-profits plan and participates in the profits of the Corporation’s life insurance business.  It gets a share of profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year.  Once declared, they form part of the guaranteed benefits of the plan. Bonuses for full term on the full Sum assured are paid at the end of the term even if death occurs during policy term. Final (Additional) Bonus may also be payable provided policy has run for certain minimum period.

Source : licindia.in

4 Comments on "Jeevan Chhaya Policy"

  1. my relative policy no.930939840 policy status detail

    Reply

  2. I have LIC’s different policies. I would like to know status of my polices. This is first time I am trying online. How to acquire login and passward?

    • dr shivaraj ramrao muley | August 1, 2013 at 8:48 am | Reply

      I want my policy details of policy numbers-945409297,945419741,945417895 about current status of policies,premium dues,maturity dates and aggregate amount against each policy would I get when I close policies at this moment.Thanks, waiting for reply

  3. 154166063

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