Category Archives: Endowment Plan

LIC Jeevan Lakshya 833 Plan – Features, Review & Returns Calculation

By | September 9, 2016

LIC Jeevan Lakshya is an endowment assurance plan where nominee will get annual income option, in case of unfortunate death. This feature looks totally different compared to other lic endowment plan where your family will get 10% of sum assured value every year till policy end and also the also the sum assured value after… Read More »

LIC Jeevan Rakshak 827 Review – Max Sum Assured Rs 2 Lakh only

By | September 9, 2016

LIC Jeevan Rakshak is another typical participating non-linked plan which offers a combination of protection and savings product as per the terms of lic of India website. The most striking thing about this policy is that it will provide a max sum assured value of Rs 2 lakh only. That means straightway this policy can’t be… Read More »

LIC New Single Premium Endowment Plan Review – Why You Should Avoid This Plan?

By | August 12, 2016

LIC New Single Premium Endowment Plan (Table No. 817) is a traditional participating non-linked savings cum protection plan. This is a typical Lic endowment policy where you have to pay only a single premium to stay life covered as well as get maturity benefits on survival. Endowment policies are mainly designed to give a minimal return on… Read More »

LIC’s Jeevan Labh Plan Review – Is It Best Tax Saving Option In India?

By | August 11, 2016

LIC’s Jeevan Labh Plan (Table No 836) has launched in 2016 January, the time when most people are looking for income tax saving option to get income tax benefits. Every year LIC of India launch similar kind of products to attract investors. Is LIC’s Jeevan Labh Plan a good income tax saving investment option? In this… Read More »