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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The premiums defined above exclude service tax, extra premium and Accident Benefit rider premium, if any. If not people like you then who will take the initiative? They have to work to make money. Kindly read my articles; Top Term insurance plans How to get rid off unwanted life insurance plans? Believe gakshak, these families are from different income levels.

The returns are totally dependent on the bonuses declared by LIC. Basic Sum assured by the company before taking this policy: My Policies Log Out. Please keep alerting investors like this. Insurance is the subject matter of solicitation. It was a joke for me to see your illustration of a family having an income of Rs. Since it is a participating plan, bonus benefits will be available. The annual premium is mentioned in rupees for a policy Tenure of 20 years.

Please log in again. Do you think insurance is for savings or risk coverage. People at those places have ample of food grains to feed themselves but they do not have cash to spend,what to dakshak of Insurance Premium. Sum Assured – Rs. As far as the question of Rs. Before buying life insurance policy try to evaluate if the sum assured is sufficient to cover your life?


The minimum sum assured per life is 75, rupees and the maximum of rupees. The login page will open in a new window.

Dear yogesh, Have you already bought this policy? Dear Manjunatha, Suggest you to ignore buying this policy, if your requirement is jeevqn insurance cover, consider buying a Term insurance plan. I paid half yearly for 15 year for after the end of ieevan policy for 15year…how much paid back to me at that time???

Dear Yogesh, As mentioned in my previous reply, do not buy these kind of traditional plans.

LIC Jeevan Rakshak (Plan 827) – Details with Premium and Benefit Calculators

Husband will be a sole bread winner with an income of say Rs10, pm. Reply Ashish A Apr 17, 4: Basic Sum Assured – this is the amount of cover that you want. Sir I want to know which is the best policy of LIC.

You can find one more example here…. Here are the sample tabular premium rates inclusive of taxes payable by a healthy, non-tobacco user male for different combinations of age, Sum Assured and policy term. Reply Pardeep Kumar Dec 2, 7: Insurance does not make money, we have rkshak work and make money.

This is a standard endowment plan. In the above example, we have seen that the policy holder 30 years old has to pay a premium of Rs 7, for a Sum Assured of Rs 2 Lakh. Under this policy, the full amount assured shall not go beyond 2 lakhs. Ranga Rao — the suitability of a financial product depends on many factors. Kindly go through my article: LIC Jeevan Rakshak is a good policy and if you have a low budget and want to get some good returns in future so you can go for it without any hesitation.


We have gone with the current applicable tax rate of 4. Since the plan has completed 5 policy years, it is eligible to receive Loyalty Additions. The premium paying frequencies are monthly, quarterly and annually.

LIC JEEVAN RAKSHAK Plan – Review & Return Calculation

Also, make sure he updates the nominee name in the policy. Policyholder always gets fifteen days of time to cross check their decision and go through the policy terms and conditions properly before making the appropriate decision. Is it just a waste of your money?

Financial planner you need to study things well before advising to the masses. Dear friends, I do not jeevqn how many of you have moved out in the rural areas of Bihar,Jharkhand,Orissa and Uttar pradesh to sell an Insurance Policy. PolicyX or any of its subsidiaries does not endorse any of the information provided herewith and are committed in providing correct and unbiased information to its customers helping them make an informed decision.

Life Insurance Corporation of India – Jeevan Rakshak

The premiums mentioned above refer to premiums without the tax component and also does not consider any rider premiums. I liked your comments. We can not judge what is sufficient for whom sitting here on blog. Reply syam Aug 27, 9: Reply Jay Mar 8, 7: