Sunday, January 13, 2013
LIC LAUNCHED NEW PLANS "NEW JEEVAN NIDHI "
LIC New Jeevan Nidhi plan provides you life cover with definite additional bonus to be provided for eachaccomplished year in first five years. So, in case insured dies within this guaranteed period, then nominee will receive sum assured along with promised bonus as per the plan.But in case death happens after five years, then nominee is provided with sum assured plus guaranteed bonus with vested reversionary bonus and additional bonus as well. This is a structured plan which intends an old aged individual to stay insured as long as they can as it mandates a policy taker to buy insurance further.
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