Magic Plan – Retire & Enjoy

 

Magic Plan – Retire & Enjoy

Magic-Plan Retire & Enjoy is a combination of LIC plans specially researched to meet the objective of securing a financially
independent life for yourself and your spouse on retirement.

The objective of this proposal is to provide financial security to your family during your productive span and a happy independent retired lifestyle for yourself and your spouse when you decide to retire.

Disclaimer

 Magic-Plan Retire & Enjoy is a combination of LIC plans specially researched to meet the objective of securing a financially independent life for yourself and your spouse on retirement.

The benefits shown in this presentation is based on forecast of future bonuses expected from L.I.C.. These bonuses are not guaranteed and have been estimated solely to understand the possible benefits from proposed Insurance. Actual results may vary. Loan calculation is done on the basis of present surrender value rates

3 Comments on "Magic Plan – Retire & Enjoy"

  1. which plans included in this combination (Magic Plan)Kindly tell me.

  2. Please give me Full Details about Magic plan Retire & Enjoy

  3. Retire & enjoy is a unique plan (Combination of Plans) suitable for Insurance & Retirement.

    This plan provides financial security for a happy independent retired life for you and your spouse when you decide to retire.

    Under this plan No premiums are payable from own fund after deferment period, that is, after age 49.

    This plan will provide regular tax-free income to support your comfortable retired life till age 75.

    Free Insurance cover upto 100th birthday.In case of death during the premium paying period a lumpsum amount shall be paid to your nominee.

    Premium modes available : Monthly ECS from any bank, Quaterly, half-yearly & yearly

    Premiums are available for exemption under sec.80 C of income tax act upto Rs.100000/- per annum.

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