W.e.f. 14-11-2005. Bima Bachat is a single premium Money back Type Plan. Survival benefits (15% of SA) are paid at 3rd, 6th, 9th & 12th policy year respectively depending on the policy term. On maturity the single premium paid alongwith Loyalty addition if any will be paid back. General Conditions: Min. age at entry: 15… Read More »
Bima Nivesh 2005 Table No.171 is a plan with compound rate of guaranteed additions and loyalty additions . This is the revised version of our popular Bima Nivesh Plan 2004 and is introduced to meet the overwhelming demand for a single premium plan from our customers . It is a single premium, ideal investment plan for those who have no regular income but good periodical income . Bima Nivesh 2005 is available for terms 5 and 10 years. The guaranteed surrender value is payable after the policy has run for at least one year. Term Assurance Rider is also available by payment of a single premium at the option of the proposer.
Market Plus 1 is the only ULIP plan that you can buy without life cover. The last opportunity to invest in LIC’s Market Plus 1 without risk cover is upto 30th June 2010. We call this Market Plus 1 plan as The Magic Plan, The master plan, The wonder plan.
A mutual fund is a professionally managed type of collective investment scheme that pools money from many investors and invests typically in investment.