Compare LIC’s Jeevan Rakshak Plan with other insurance plans and buy. Check details, benefits, eligibility, documentation and read reviews at PolicyBazaar. Jeevan Rakshak (Plan ) is a regular premium paying Endowment Assurance plan from LIC of India. Read complete details with calculators. LIC is going to launch new plan – Jeevan Rakshak, Table No Plan introduce on 19 August and can also be known as Aam Aadami.

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Dear yogesh, Have you already bought this policy? But it is not impossible. The company is renowned for having no hidden costs associated with its policies. Ranga Rao — the suitability of a financial product depends on many factors. Hi I paid yearly Rs. Dear Priya, I did not understand your query?

It was a joke for me to see your illustration of a family having an income of Rs. Dear friends, I do not know how many of you have moved out in the rural areas of Bihar,Jharkhand,Orissa and Uttar pradesh to sell an Insurance Policy.

The returns are totally dependent on the bonuses declared by LIC. Reply tanisha sharma Aug 19, Are you financially dependent on your mother? If not people like you then who will take the initiative? Premium Payment Term – This is same as the policy term. His spouse and kid s may be dependent on him for all their financial needs.

Dear Dolma, Suggest you to come out of this policy?

LIC’s Jeevan Rakshak – Plan No | New LIC Plans

Kindly note these important points before opting for Jeevan Rakshak: You can also take loans by showing your policy. In this policy, one has to pay on regular basis according to the terms and conditions of the policy.


So nominee will receive Rs. We have Anurag Reddy, age 30 who wishes to buy this plan. If you are in the search of a low budget, good life insurance plan for your future then LIC Jeevan Rakshak plan is the best policy. Kindly keep giving your valuable feedback. The highest of the above is Rs. He goes in for jjeevan plan with the following: You can get this policy without any medical test.

You can find one more example here…. Maturity benefit is paid if the policy owner is able to survive the term of the policy and on the termination of the policy. Reply ram Jan 26, 6: This affordable as premiums are as low as Rs.

LIC Jeevan Rakshak Plan () – Online Reviews, Features & Benefits

If you want to opt for further premium then you have to go for additional coverage and for that you can contact any representative of LIC. After logging in you can close it and return to this page. Insurance does not make money, we have to work and make money.

Time limit is exhausted. Reply dinesh May 2, Malay Kumar — Appreciate your convincing skills. The Company will pay ten times of annual premium. So, we can convince them a portion of it can be routed to term insurance and plna portion into income generating investment options. When did you buy this policy? Reply Nivas Mar 10, 4: You can choose an amount between 75, and 2,00, Insurance should be bought to cover the risks.


Reply Pardeep Kumar Dec 2, 7: A medical rakshqk is not compulsory but in some cases it is required. Kindly read my articles: It is a one time payment. Malay Kumar — With due respect to your work experience.

LIC Jeevan Rakshak (New Plan) – Review & Returns Calculation

Raksahk Yogesh, As mentioned rkshak my previous reply, do not buy these kind of traditional plans. There are some additional benefits which you can take in the form of riders. This plan shall be available to standard life only under non medical limit and the total Sum Assured under this plan shall not exceed Rs. Since the policy has not completed 5 years, no Loyalty Additions will be payable.

Best investment options in India. Dear Anil, Loyalty Addition is a type of bonus which is declared for being loyal to the LIC and completing a longer tenure.

The policy also offers many lucrative benefits to the insured person and the nominees, as jeegan. Accident Benefit Rider is available as an optional rider by payment of additional premium.

I want to confirm if i pay only so how will i get the money after 10 years. Email will not be published required.

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