LIC Jeevan Saral

• High life risk cover at very low premium.
• 100% of Maturity Sum Assured in case of surrender after 5 years.
• Guaranteed Surrender Value after policy being in force at least for 3 years.
• Premiums are payable monthly, quarterly, half-yearly or yearly.
• Liquidity & a lot of flexibility.
• Maturity amount payable at policy maturity will be Tax Free under section 10-10d of income Tax act.
• Premium paid in LIC is exempted under section 80c of income Tax act.
• Higher cover available through Term Riders.
• Death cover is same irrespective of age at entry and term.
• Loan available after 3 years @ 9% p.a.
• Policy period is extended after 10 years and you can withdrawal your money any time without any extra charges.
• Death Benefits is 250 times of monthly premium + Total premium paid, less 1st year's premium & Extra premium paid + Loyalty Addition if any payable in lump sum.

LIC ATM Plan

Jeevan Saral from LIC is one of the best plan with having great benefits of higher risk cover, liquidity, smooth returns and great flexibility. The LIC Jeevan Saral Policy gives you death cover same irrespective of all age at entry and term.

Death cover can be double of Sum Assured using riders. The Jeevan Saral ATM Plan allows you to withdrawal your money after 10 years with full maturity benefits plus Loyalty additions, if any or you can get guaranteed surrender value before maturity if policy has been in force at least for 3 years. Jeevan Saral LIC policy is basically an Endowment Assurance plan and you can pay premiums according to your comfort monthly, Quarterly, Half yearly or yearly.

LIC Jeevan Saral Review

No doubt there are great saving plans like recurring deposit schemes, PPF and many more but when it comes to Jeevan saral ATM plan, there is no substitute. Recurring deposit can give you assured rates of interest but not tax savings and risk cover. PPF plans can you give tax savings but not death benefits. So think before you invest. If it comes to payment frequency or tax saving or risk cover all comes only with Jeevan Saral ATM plan only.

LIC Jeevan Saral Surrender Value

You get guaranteed surrender value 80% of Maturity Sum Assured if policy has completed 3 or more years, 90% of the Maturity Sum Assured if policy has completed 4 or more years and 100% of the Maturity Sum Assured if 5 or more years premiums have been paid.

LIC Jeevan Saral Policy Premium Chart
Basic Premium		250	500	1000	2000	3000	4000	5000	6000	7000	8000	9000	10000
Plus DAB		5	10	21	42	63	83	104	125	146	167	188	208
Net Monthly(with DAB)		255	510	1021	2042	3063	4083	5104	6125	7146	8167	9188	10208
Net Quarterly(With DAB)		766	1531	3063	6125	9188	12250	15313	18376	21438	24500	27563	30625
Net Half Yrly (with DAB)		1516	3033	6065	12130	18195	24260	30325	36390	42455	48520	54585	60850
Net Yearly (with DAB)		3002	6005	12010	24020	36030	48040	60050	72060	84070	96080	108090	12100
SUM Assured (10 Yrs)		62500	125000	250000	500000	750000	1000000	1250000	1500000	1750000	2000000	2250000	2500000
S.A. + DAB		125000	250000	500000	1000000	1500000	20000000	2500000	3000000	3500000	4000000	4500000	5000000