LIC's New Money Back Plan-20 years

LIC's New Money Back Plan-20 years is a participating non-linked plan which offers an attractive combination of protection against death throughout the term of the plan along with the periodic payment on survival at specified durations during the term. This unique combination provides financial support for the family of the deceased policyholder any time before maturity and lump sum amount at the time of maturity for the surviving policyholders. This plan also takes care of liquidity needs through its loan facility.
Benefits:

Death benefit: On death during the policy term provided the policy is in full force, death benefit, defined as sum of “Sum Assured on Death” and vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable. Where, “Sum Assured on Death” is defined as higher of 125% of the Basic Sum Assured or 10 times of annualized premium. This death benefit shall not be less than 105% of the total premiums paid as on date of death.
 The premiums mentioned above exclude tax, extra premium and rider premium, if any.
Survival Benefits: In case of Life Assured surviving to the end of the specified durations 20% of the Basic Sum Assured at the end of each of 5th, 10th & 15th policy year.
Maturity Benefit: In case of Life Assured surviving the stipulated date of maturity, 40% of the Basic Sum Assured along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable.
      Participation in Profits: The policy shall participate in profits of the Corporation and shall be entitled to receive Simple Reversionary Bonuses declared as per the experience of the Corporation, provided the policy is in full force.
      Final Additional Bonus may also be declared under the policy in the year when the policy results  into a claim either by death or maturity, provided the policy has run for certain minimum term.

LIC's Jeevan Arogya (LIC's Health Plan)

• LIC's Jeevan Arogya is a unique non-participating non-linked plan which provides health insurance cover against certain specified health risks and provides you with timely support in case of medical emergencies and helps you and your family remain financially independent in difficult times.
• Health has been a major concern on everybody’s mind, including yours. 
• In these days of skyrocketing medical expenses, when a family member is ill, it is a traumatic time for the rest of the family.
•  As a caring person, you do not want to let any unfortunate incident to affect your plans for you and your family. So why let any medical emergencies shatter your peace of mind.

LIC’s Jeevan Arogya gives you:

• Valuable financial protection in case of hospitalisation, surgery etc
• Increasing Health cover every year
• Lump sum benefit irrespective of actual medical costs
• No claim benefit
• Flexible benefit limit to choose from
• Flexible premium payment options

Home Loan - Documents Required

Home Loan - Documents Required

• Duly signed and filled application form
• Passport-size photograph
• Statements of investments, if any
• Copy of plan approved for the proposed construction/extension
• Cost estimation or valuation report from the bank's (or finance company's) panel CA
• Allotment letter of housing board/NOC of the society/builder etc.
• Bank statement and salary slips

In addition to these, you will have to also submit the following documents:

• Identity and signature proof - Passport, Pan card, Driving License, Voter ID card, Aadhar card, employee identity card in case of government employees.
• Address Proof - Bank statement, Rent Agreement, Voter ID card, Ration card, Passport, Driving License, telephone/electricity/water/credit card bill or Property tax.
• Age Proof - Voter ID card, Secondary school leaving certificate (class 10), birth certificate, Passport, Aadhar Card, pension payment order or receipt of LIC policy.

Home Loan - Documents Required

Home Loan - Documents Required

• Duly signed and filled application form
• Passport-size photograph
• Statements of investments, if any
• Copy of plan approved for the proposed construction/extension
• Cost estimation or valuation report from the bank's (or finance company's) panel CA
• Allotment letter of housing board/NOC of the society/builder etc.
• Bank statement and salary slips

In addition to these, you will have to also submit the following documents:

• Identity and signature proof - Passport, Pan card, Driving License, Voter ID card, Aadhar card, employee identity card in case of government employees.
• Address Proof - Bank statement, Rent Agreement, Voter ID card, Ration card, Passport, Driving License, telephone/electricity/water/credit card bill or Property tax.
• Age Proof - Voter ID card, Secondary school leaving certificate (class 10), birth certificate, Passport, Aadhar Card, pension payment order or receipt of LIC policy.

LIC HOUSING FINANCE LIMITED

LIC HOUSING FINANCE LIMITED (LIC HFL)

  for better

 HOME LOANS

It was set up under the Companies Act, 1956. Incorporated on 19th June, 1989 and recognised by National Housing Bank. The company has about 25% market share in the housing finance industry. A wide network in the Industry with 67 Area/Unit Offices plus 6 Regional Offices across the length and breadth of the country and about 5000 LIC Agents trained for housing finance.

Today the Company has a proud group of over 5.90 lakh prudent house owners who have enjoyed the Company's financial assistance. The company has so far sanctioned over Rs.133 Billion (Rs.13300 Crores) and disbursed Rs.117 Billion (Rs.11700 Crores). Products: Home loans to both Indian and NRI customers at floating and fixed rate of interest.   Loans to construct / buy a new home Loans for purchase of a second home ( Bridge Loans) Loans for home extension Loans for home repairs Loans for purchase of plots Loans against mortgage of property Loans to Corporate bodies (Public Limited Companies/Public Sector undertakings) for Staff Quarters. Loans to Corporate bodies (Public Limited Companies / Public Sector undertakings) for onward lending to employees to construct /purchase residential house/flat on ownership basis (Line of Credit "TO") and Loans to individual employees of the Company as guaranteed by the Employer (Line of Credit "THROUGH").