lic insurance products

By: DILEEP KESHAVA NARAYANA

Mobile number: +918277673873

INSURANCE ADVISOR/AGENT

LIFE INSURANCE CORPORATION OF INDIA

Agent code: 0155461P

License No: 10328528

License Date of Expiry: 16/12/2017

Branch office: 61P

Dev. Officer’s/CLIA’s Name: Vijay Rangadas

Benefits for Individual and Employees Protection:– LIC as an insurer provides protection against

the loss/accident. Savings:– LIC helps the employees to save more for the

financial growth. Tax benefit under section 80C. Security for loans:– LIC policy can used as a security for

obtaining loans. Future Financial planning:- LIC helps employees to plan

your future financial and get good financial growth. Pension planning:- LIC helps employees to get income after

retirement. Sickness benefits:- LIC provides employees protection

cover for the loss of the health.

By: Dileep Keshava Narayana

Benefits for Employers Employees Protection.

Financial planning for both Employees/Employers.

Employees health-care.

Group schemes available for Employers.

LIC helps to Meet the liability of the employers.

LIC products servicing available.

By: Dileep Keshava Narayana

Example-1 A person ABC is a single aged about 28 years is a

software engineer works in a company. His salary isabout Rs. 3 Lakhs per annum. He is the only earningmember in his family. His monthly expenses are: -

Type of Expense Rs.

House Rent 5,000/-

Family expenses 10,000/-

Mobile Phone expenses 1,000/-

Vehicle/Travel expenses 1,000/-

Entertainment expenses 2,000/-

Other expenses 1,000/-

Total expenses 20,000/-

Savings – Rs. 2000

Rest for

Insurance

Premium

By: Dileep Keshava Narayana

Example-2 An employer ABC has 50 employees; 25 employees are

the regular working employees of the employer.Another 25 employees are employees from theemployer group. Employer is worried that the loss ofhealth of employees will bring down the productivity.So Employer wants to insure all the employees.

By: Dileep Keshava Narayana

LIC products for employees and employers

Individual Plans: -

1. Endowment Plans: -

New Endowment Plan.

New Jeevan Anand.

Jeevan Rakshak.

Jeevan Sangam.

Limited Premium Endowment Plan.

2. Money back Plans: -

New Money back Plan – 20 years.

New Money back Plan – 25 years.

New Bima Bacchat Plan.

New Children Money back Plan.By: Dileep Keshava Narayana

Plans for employees and Individuals3. Term Assurance plans: -

Anmol Jeevan – II.

Amulya Jeevan – II.

4. Pension plans: -

Jeevan Akshay – VI.

New Jeevan Nidhi.

Varishta Bima Pension Yojana.

By: Dileep Keshava Narayana

Plans for employees and Individuals5. Micro Insurance Plans: -

New Jeevan Mangal

6. Health Plans: -

Jeevan Arogya

By: Dileep Keshava Narayana

Group Plans for Employers New group leave encashment plan.

New group Superannuation plan.

New group Gratuity cash accumulation plan.

New one year Renewable Term assurance plan – I.

New one year Renewable Term assurance plan – II.

By: Dileep Keshava Narayana

Riders Available Accident Benefit.

Disability Benefit.

New Term assurance Rider.

By: Dileep Keshava Narayana

Who can avail these products ? Employees

Employers

Single Individuals

Individuals with Children/Childrens

Senior citizens

By: Dileep Keshava Narayana

Types of Policy Benefits

Maturity Benefit.

Survival Benefit.

Death benefit.

Accident and disability benefit.

Hospitalization benefit.

Major surgery benefit.

Other surgery benefit.

Day care procedure benefit.

Ambulance benefit.

Premium waiver benefit.

Participation in Profits.

Loyalty Addition.

By: Dileep Keshava Narayana

THANK YOUBy: - DILEEP KESHAVA NARAYANA

MOBILE NUMER: +918277673873

INSURANCE ADVISOR/AGENT

LIFE INSURANCE CORPORATION OF INDIA.

AGENCY CODE: 0155461P

IRDA LICENSE NUMBER: 10328528

IRDA LICENSE EXPIRY: 16/12/2017

BRANCH: 61P

DEV OFFICER/CLIA NAME: VIJAY RANGADAS

By: Dileep Keshava Narayana