Introduction - Brief introduction to LIC (Life Insurance Corporation of India) - Importance of life insurance - Overview of the three plans: Jivan Labh, Jivan Umang, and Jivan Utsav
LIC Jivan Labh - Plan Type: Non-Linked, With-Profits, Endowment Plan - Benefits: - Death Benefit - Maturity Benefit - Participation in Profits - Eligibility: - Minimum Entry Age: 8 years - Maximum Entry Age: 59 years - Policy Term and Premium Payment: - Policy Term: 16, 21, or 25 years - Premium Payment Term: 10, 15, or 16 years - Additional Features: - Loan Facility - Riders Available
LIC Jivan Umang - Plan Type: Non-Linked, With-Profits, Whole Life Assurance Plan - Benefits: - Death Benefit - Survival Benefit - Maturity Benefit - Eligibility: - Minimum Entry Age: 90 days - Maximum Entry Age: 55 years - Policy Term and Premium Payment: - Policy Term: 100 years minus the entry age - Premium Payment Term: 15, 20, 25, or 30 years - Additional Features: - Loan Facility - Riders Available
LIC Jivan Utsav - Plan Type: Non-Linked, With-Profits, Single Premium Plan - Benefits: - Death Benefit - Maturity Benefit - Participation in Profits - Eligibility: - Minimum Entry Age: 8 years - Maximum Entry Age: 75 years - Policy Term and Premium Payment: - Policy Term: 10 to 25 years - Premium Payment: Single Premium - Additional Features: - Loan Facility - Riders Available
Comparison of Plans | Feature | Jivan Labh | Jivan Umang | Jivan Utsav | |-----------------|----------------------------------|--------------------------------------|---------------------------------------| | Plan Type | Non-Linked, Endowment Plan | Non-Linked, Whole Life Assurance Plan | Non-Linked, Single Premium Plan | | Benefits | Death, Maturity, Profits | Death, Survival, Maturity | Death, Maturity, Profits | | Min Entry Age | 8 years | 90 days | 8 years | | Max Entry Age | 59 years | 55 years | 75 years | | Policy Term | 16, 21, or 25 years | 100 years minus entry age | 10 to 25 years | | Premium Payment | 10, 15, or 16 years | 15, 20, 25, or 30 years | Single Premium |
Conclusion - Summary of the key points - Importance of choosing the right plan based on individual needs - Encouragement to consult with an LIC agent for personalized advice
Questions & Answers - Open floor for questions from the audience
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