Contents
- 1 LIC Jeevan Shikhar Plan 837 Review
- 2 Lic New Jeevan Shikhar Plan 837 Eligibility Conditions
- 3 Lic Jeevan Shikhar Endowment Plan 837 Benefits
- 4 Jeevan Shikhar Lic Plan 837 Policy Rebates
- 5 LIC New Plan – Jeevan Shikhar 837 Policy Buying Procedure
- 6 Claim Procedure of LIC Jeevan Shikar Plan
- 7 LIC Jeevan Shikhar Plan 837 Premium Calculator
- 8 Jeevan Shikhar Plan Lic Maturity Calculator
- 9 Additional Information of LIC Jeevan Shikhar 837 Plan
LIC Jeevan Shikhar Plan 837 Review
LIC Jeevan Shikhar Plan 837 is a new Endowment Plan introduced by Life Insurance Corporation of India. This Jeevan Shikhar Plan will start working from 11th January 2016. A Unique Identification Number is given for LIC’s Jeevan Shikhar Plan that is 512N305V01. The policyholder has to quote the UIN no. in all relevant documents that are required to buy the policy. LIC Jeevan Shikhar 837 plan is a Non-Linked, with Profit, Saving cum Protection Single Premium Endowment Assurance plan. The Insured can avail a Death Benefit of ‘Sum Assured equal to 10 times‘ the Tabular Single Premium, which is payable after the commencement of the risk. LIC Endowment plan is a close ended Plan, which will be open for 120 days from the date of launch. So, those who are Interested in LIC Jeevan Shikhar Policy may hurry up to buy this plan as it will be opened for Limited Period of 120 days.
Lic New Jeevan Shikhar Plan 837 provides Death Benefit by the payment of additional premium. Under LIC Jeevan Shikhar Plan 837 the insured can avail Maturity Sum Assured along with Loyalty Addition if any shall be payable. New Jeevan Shikhar Plan also takes care of Liquidity needs through its loan facility. This plan offers a combination of protection and saving features. You can use LIC Jeevan Shikhar Plan 837 Calculator to calculate Premiums and Benefits. We provide Lic Jeevan Shikhar Plan Maturity Calculator and Premium Calculator to calculate Maturity benefits and Death benefits. Refer Lic Jeevan Shikhar plan 837 premium chart and Lic Jeevan Shikhar Premium calculator before buying this plan.
Lic New Jeevan Shikhar Plan 837 Eligibility Conditions
Eligibility Conditions for basic plan are,
Entry Age: |
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Minimum Maturity Sum Assured: |
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Maximum Maturity Sum Assured: |
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Policy term: |
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Premium Payment Mode: |
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Maturity Sum Assured: |
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Documents required for a new policy: |
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Lic Jeevan Shikhar Endowment Plan 837 Benefits
Maturity Benefits:
On survival of the Life Assured to the end of policy term,
Maturity benefit (Benefits payable on maturity) = Maturity Sum Assured + Loyalty Additions if any.
Death Benefits:
Two types of Death Benefits are covered in this New Jeevan Shikhar 837 Plan.
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On Death during the first 5 years of the policy
- Before the date of Commencement of Risk: Single Premium without interest will be refunded to the nominee in the case of Life Assured dies before the date of commencement of the risk.
- After the date of Commencement of Risk: A Death Benefit of Sum Assured equal to 10 times the Tabular Single Premium is payable in a case of Life Assured dies after the date of commencement of the risk.
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On Death After first 5 years of the Policy but before the Maturity Date
Sum Assured equal to 10 times the Tabular Single Premium along with Loyalty Additions, if any, is payable in a to the nominee in a case of the Life assured dies after first five years of the policy.
Loyalty Addition:
Under this plan, the policyholder will be eligible for a share in surplus (profits) in the form of Loyalty Addition. The Loyalty Addition, if any, will be payable on death or surrender. It is provided the policy has run for at least five policy years or on policyholder surviving to the maturity.
Jeevan Shikhar Lic Plan 837 Policy Rebates
The rebates for the basic Lic Jeevan Shikhar Plan are given below.
- High Maturity Sum Assured Rebate.
- Corporate Employee’s Insurance Scheme (CEIS) Rebate.
High Basic Sum Assured Rebate
Maturity Sum assured |
Reduction in Tabular Premium as per
Rs.1000 M.S.A |
Below Rs. 2,00,000/- | NIL. |
Rs. 2,00,000/- to Rs. 4,80,000/- | Rs. 15.00/- |
Rs. 5,00,000/- to Rs. 9,80,000/- | Rs. 20.00/- |
Rs. 10,00,000/- and above | Rs. 25.00/- |
Corporate Employee’s Insurance Scheme (CEIS) Rebate
The Assured will be eligible for Corporate Employee’s Insurance Scheme (CEIS) Rebate of 2% of the Tabular Single Premium.
LIC New Plan – Jeevan Shikhar 837 Policy Buying Procedure
These are the Required documents to buy LIC Jeevan Shikhar Policy.
- Application form/ Proposal form No. 300, 340 and 360 issued bu U & R Department along with a photo.
- Address proof.
- Age proof.
- Medical reports(if required).
Claim Procedure of LIC Jeevan Shikar Plan
The documents that are needed for claim procedure under Lic Jeevan Shikhar 837 Policy are given below.
- Original Policy Document
- NEFT Mandate Form.
- Proof of Title.
- Death Certificate.
- Accident/ Disability Proof (as mentioned in the rider circular).
- School/ College/ employer’s certificate.
- If age is not admitted under the policy, the proof of age of the Life Assured shall also be submitted.
LIC Jeevan Shikhar Plan 837 Premium Calculator
Here we are providing the required data for calculating the premium rates in LIC Jeevan Shikhar Policy using LIC Jeevan Shikhar 837 premium and maturity calculator. To calculate Premium Online, the Insured have to enter the following details mentioned below.
- Name.
- Email Id.
- Mobile.
- Age.
- Term.
- Sum Assured.
After entering all the above details, you can easily calculate the premium for LIC Jeevan Shikhar Plan 837.
Jeevan Shikhar Plan Lic Maturity Calculator
Lic Jeevan Shikhar 837 Plan Maturity Calculator helps you to calculate the maturity value or maturity amount. Maturity amount is the amount that is payable to the policyholder during the maturity time. You can calculate the Maturity benefits using LIC Jeevan Shikhar Plan Maturity calculator. Maturity value is calculated based on the Sum Assured plus Loyalty benefits. Jeevan Shikhar LIC Plan Maturity Calculator provides maturity amount based on Policy term, Age of the LIC Policyholder, Sum Assured, Policy name, etc. You need to provide these details along with Mobile number, Name, Email ID to calculate the maturity value. But you will receive approximate or nearby maturity amount in this LIC Jeevan Shikhar Plan Maturity Calculator.
Additional Information of LIC Jeevan Shikhar 837 Plan
Loan facility
Loan facility is available under this plan, after payment of premiums for at least 3 full years subject to the policy conditions.
Surrender Value
LIC Jeevan Shikhar 837 policy can be surrendered at any time during the policy term. The surrender options are given below.
- Guaranteed surrender value.
- Special surrender value.
Date of Vesting
It is applicable only if the age of the Assured is below 18 years on the date of commencement of the policy.
Free Look Period
If the Insured is not satisfied with the terms and conditions in the policy, he will be provided with a free look period of 15 days. The Policyholder have to state the reasons and should submit the policy to the Life Insurance Corporation of India with the given free look period.
Suicide clause
If the life assured commits suicide before 12 months from the date of commencement of risk, he/she would be returned with 90% of premiums paid excluding any taxes and extra premium, if any.
Taxes
Taxes, if any, shall be as per the Tax laws and the rate of tax as applicable from time to time.
Not able to calculate premium
Please confirm the details for the sum assured in case of maturity and premium amount for the girl aged 18 years.
very good policy
this policy is refund after death of policyholder
My name is Geetanjali Devi, My Age is 38 years . Sum assured for Rs.100000/- and Rs.200000/- Term 10 Years and 15 years. Kindly intimate the calculation sheet of benifits of LIC Jeevan Sekhar 837 plan.
100000/- JMA karane pe 15 years bad about kitani rs. Milege.
I want minimum 1 crore after 15 years
How much should i invest as one time premium in jeevan shikhar lic policy.
My age is 44 and I wish to take this policy of rd.2 lakhs how much I will get after maturity 15 years and in case of death what will be the amount.
I m intrested
Name.: GAUTAM UDUPA
Email Id. gtmudupa@gmail.com
Mobile. 9099901538
Age. 28
Term. 15 years
Sum Assured.:60 lakhs
i think best plan for us….
Please provide premium for Sum assured 1-crore.
Purnima Sarath, PS71526@yahoo.com, mobile # +919744358480, Age 44 (DOB 26-5-1971), Term 15 years, Sum assured 1-Crore.
LIC Jeevan Shikhar 837 Plan
Iam Iterested in
i have this plane
Need to know premium
pls tell maturity amount if i pay one lakh rs,my age is 35 as of now
i am interested about this policy.
does this plan apply for NRIs ?
i want to purchase a policy for my daughter who is working in novartis india and pay rs 50000 as single premium
Please send me LIC Jeevan Shikhar Plan Maturity calculator.
Hi, I am vikas , please guide this policy and my contact no is 9810883722
premium of sa 20000 of age 42
maturity SA caculation
no doubt a good policy .I prefer it
25 yr maturity sum assured 5,00,000 after maturity which amount have……
Maturity value after 15 yrs if premium paid is 10,000 or 20,000
Minimum Amount
the amount received on maturity is taxable or tax free?
I want take a policy for my son-in-law who is working at Hyderabad. his age is 33 years. please inform if he does a policy for 1,00,000, then what are the benifits .
best plan
खुब बिकेगा
aa
iam a policy holder of lic bearing no 802533683,805306712
And I would liketo know more about jeevam sikharwith regard to premium
When will we take loan from this policy?
837 mediclam plan dob 13-2-1975 normal
How many times risk cover.
Good plane of this year
DOES THE PREMIUM PAID UNDER ‘SHIKHAR’ QUALIFIES FOR 80C INCOME TAX BENEFIT
837 calculater
Jeevan Shikhar Plan Lic Maturity Calculator
Plz suggest easy way calculation
For suppose 100000/- investment
After machurity how mush
Amt will get
In case between death
How mush Will get
help me out for the exact value receive on maturity
pls reaply I diposit 1lux rupees a singal primiam . Our mechurity is what after 15 year.
837premium calculator
your risk is covered after 5 years. it is too long period for life. one year is enough period for risk.
for one lakh how much i get at the end of the fifteenth year
Nice policy.
Can u give all detail in hindi so that I can share same with my family
Pls send on my mention id
sir lone facility availabal after 3 month not after 3 yrs.
can i buy Jeevan Sikhar online?? if yes, how
In Plan 837, the policy can be surrendered during the policy period and options are (a) Guaranteed surrender value &
(b) Special surrender value.
What is Guaranteed Surrender Value ?
When special surrender value can be opted ?
I need a policy of jeevan shikhar
If I m investing 1 lakh. After 15 yrs. How amt I ‘ll be get. And how much would be risk cover.
What is maturity value of sum assured Rs.100000? What is premium amount of sum Rs.100000?
Like
Dear Sir,
If i buy LIC jeevan Shikhar Plan of 200000 (two Lacs) rupees, after 15 years completed how much will get back.
Please explain to me.
weather any guaranteed maturity amount is prescribed for the policy JEEVAN SHIKHAR ???
if yes then what will be maturity amount for 35 years assured person @ premium of Rs. 100000.
I am 36 years old and my monthly income is 12000 . Need purchase lie jeevan shikhar policy my Mob no is 9258543249
I want to know more about Jeevan Shikhar
I am interested. Please call me on 9538969600
8year children ke liye yojna ki puri daitel batao