CHIEF LIFE INSURANCE ADVISOR

 The LIC AmritBaal Plan (Plan No. 874) is a child-focused insurance-cum-investment policy designed to provide financial security for your child's future needs, such as higher education. Below are the key features and benefits of the plan: Key Features: Guaranteed Additions : Guaranteed additions of ₹80 per ₹1,000 of the Basic Sum Assured (BSA) accrue annually. For example, with a BSA of ₹5 lakh over a 20-year term, total additions amount to ₹8 lakh. Maturity Benefit : Upon maturity, the policyholder receives the BSA along with accrued guaranteed additions. For instance, with a ₹5 lakh BSA, the maturity benefit would total ₹13 lakh over 20 years. Flexible Premium Payment Options : Limited Premium : Pay premiums for a fixed term (e.g., 7 years) and enjoy policy benefits over the policy term. Single Premium : Pay a one-time premium for the entire term. Death Benefit Options : Offers multiple payout options to beneficiaries, including lump-sum payments or installments over 5, 10, or 15...

 The Life Insurance Corporation of India (LIC) is one of the most trusted names in the insurance sector, offering a variety of policies to cater to the diverse needs of policyholders. One such popular plan is the LIC Jeevan Lakshya Plan (No. 733) , which is a limited premium paying, non-linked, endowment plan designed to provide financial security to policyholders, particularly for their children’s future or for fulfilling other life goals. In this blog, we will explore the key features, benefits, eligibility criteria, and why you should consider investing in this plan. Key Features of LIC Jeevan Lakshya Plan Endowment Plan with Risk Cover : LIC Jeevan Lakshya is primarily an endowment plan , which means it provides a combination of risk cover along with the benefit of savings. It offers financial protection to the policyholder's family in case of death during the policy term, along with a lump sum amount at the end of the term, provided the policyholder survives the duration of ...

In a world filled with uncertainties, securing a reliable source of financial support for the future is a common goal for many. Life Insurance Corporation (LIC) of India, the largest insurance provider in India, has introduced various insurance products to cater to different financial needs and life stages. Among its offerings, the LIC Jeevan Utsav policy is a popular choice, known for its blend of insurance protection and savings benefits. Here’s an in-depth look at what this policy offers, who it’s suitable for, and why it might be a good addition to your financial portfolio. 1. Overview of LIC Jeevan Utsav Policy LIC Jeevan Utsav is a single-premium, non-linked, with-profits endowment insurance plan designed to offer financial security while also providing a lump-sum payout at maturity. Unlike traditional insurance plans where premiums are paid periodically, Jeevan Utsav requires a one-time payment. This makes it convenient for individuals looking to invest a lump sum while securing...

   Key Features and Benefits of LIC LIC offers several unique benefits, making it a preferred choice for life insurance in India. Here are some of the key features: Strong Financial Foundation : LIC’s established track record and government backing provide a level of stability and security that few insurance companies can match. Variety of Plans : LIC offers a wide range of policies to cater to the varied needs of customers, including term plans, endowment policies, whole life plans, money-back policies, and pension plans. High Claim Settlement Ratio : LIC boasts one of the highest claim settlement ratios in the industry, a testament to its reliability and commitment to fulfilling customer claims. Widespread Accessibility : LIC operates through a vast network of branches, agents, and digital channels, ensuring accessibility even in remote areas. Bonus Additions : Most LIC policies participate in the corporation’s profits, with bonuses declared annually, adding value to policyh...

 TYPICAL OBJECTIONS WE ENCOUNTER WHEN WE MEET LIFE INSURANCE PROSPECTS • I don't need Life Insurance.  • I have plenty or don't have Money. • I will tell you Later.  • Returns are not good.  • Alternative investments (MF/Shares/Property/Gold etc).  • I will buy it from my Relative / Friend. • I will speak with my CA and let you know.  • Other Cheap life insurance products are available in market. • My income tax planning is done. • Life insurance is only for death.  • I will ask and let you know.  • What will be the value of the money after long period?  ONE SINGLE ANSWER Please give us an opportunity to meet you and we will help address and resolve each of the objections, very effectively and efficiently. And all to your benefit.