LIC’s Jeevan Rakshak – Plan No 827 28

LIC is going to launch new plan – Jeevan Rakshak, Table No 827

Plan introduce on 19 August 2014 and can also be known as Aam Aadami Policy

This is regular premium paying Non-linked, With Profits, Endowment Assurance plan. This plan shall be available to standard life only under non medical limit and the total Sum Assured under this plan shall not exceed Rs.2 Lac.

Key Features of LIC’s Jeevan Rakshak Plan – Table no 827

  • Regular Premium Paying
  • With Profit Endowment Assurance Plan
  • Minimum Age at Entry – 8 Years Completed
  • Maximum Age at Entry – 55 Year (Nearest Birthday)
  • Policy Term  – 10 Years and 20 Years
  • Premium Paying Term – Equals to Policy Term
  • Maximum Maturity Age – 70 Years Nearest Birthday
  • Mode – Monthly (SSS, ECS), Quarterly, Half Yearly and Yearly
  • Loan – Allowed after payment of premiums for at least 3 years.
  • Minimum Sum Assured – 75,000
  • Maximum Sum Assured – 2,00,000
  • Accident Benefit Rider – 0.50 Per Thousand
  • Maturity Benefit – Basic Sum Assured + Loyalty Addition
  • Death Benefit – Sum Assured and Loyalty Addition if Policy completed 5 Years ( Basic Sum Assured or 10 Times of Annualized premium or 105% of all premium paid on date of death)
  • Double Accident Benefit – Allowed with Additional Premium
  • Rebate – 2% for Yearly and 1% for Half Yearly
  • NO Medical Check up Required
  • Suicide Clause – If life insurance policy holder commits suicide at any time within 12 months from date of commencement of risk LIC will not entertain any claim under this policy.
  • Free Look Period – If policy holder is not satisfied with “Terms and Condition” of policy he/she may return policy to LIC stating reason within 15 days from date of receipt of policy.

Check out the premium for Jeevan Rakshak Plan

LIC Jeevan Rakshak Premium Chart

LIC Jeevan Rakshak Premium Chart

28 thoughts on “LIC’s Jeevan Rakshak – Plan No 827

  1. Reply Abdul Muktadir Aug 16,2014 3:01 AM

    its a unbelievable New Jeevan Rakshak Plan 827 lunch 15/08/2014…….

  2. Reply upendra keskar Aug 18,2014 2:56 PM

    lic’s jeevan rakshak is best suitable plan for low income group.this is a term plan with return of premium with loyalty addition.

  3. Reply Girish Makwana Aug 18,2014 4:52 PM

    Good plan of non medical standard age proof.

  4. Reply ritika3092@gmail.com Aug 19,2014 12:33 PM

    best plan for low income peoples , and also good plan for the peoples who is more than 40 , coz in this plan there is no need for medical , this plan is enough for saving , risk cover & high returns in money in low saving…..

  5. Reply NIDHI PATHAK Aug 19,2014 12:38 PM

    amassing to see the modi govt is acully working something for the lower middle class peoples , this is god for all of us , coz in the premium there is 30% subsidy in every month of the premium , nd returns is really best with high risk cover .

  6. Reply tanisha sharma Aug 19,2014 12:46 PM

    i m glad to see the plan terms and conditions , there is no required for medical nd the best part of this plan is PREMIUM . in this plan premium is very low but the returns is high , best plan for growth nd risk cover as well. THUMS UP from my side for this plan ….

  7. Reply RAMESH KUMAR SONI Aug 21,2014 10:27 AM

    i am glad to see the LIC’s Jeevan Rakshak – Plan No 827 terms and conditions , there is no required for medical nd the best part of this plan is PREMIUM . in this plan premium is very low but the returns is high , best plan for growth nd risk cover as well.
    From -Ramesh kumar soni agent LIC NO-2 Rewa

  8. Reply syam Aug 27,2014 9:11 AM

    Jeevan Rakshak is good plan ,but i am one dout .
    for example 75000 sum assued and 16 years term , after policy maturity time, how much pay to cutmer and how much Loyalty Addition

  9. Reply saroj pandey Aug 27,2014 11:01 AM

    nc plan kyonki bima sabke liye jaruri h lic ka vision 2020 h a policy in every pocket
    aao pyare sath humare

  10. Reply ANUP KUMAR GOSWAMI Aug 30,2014 7:08 PM

    LICI IS THE ONLY LIFE INSURANCE COMPANY WHO ONLY THINK ABOUT MORE THAN 70% POOR PEOPLE OF INDIA.SO AGAIN THANKS TO LICI.

  11. Reply Dharmil shah Aug 31,2014 7:05 PM

    For 2 lac plan what is Maturity Amount
    3,68,000 or 3,50,000 or 3,00,000 ???????
    LA rates???

  12. Reply New plan Oct 20,2014 5:38 AM

    Please send me Minimum Premium jevan Rakshak plan
    balurayate526@gmail.com

  13. Reply MANTHAN YAGNIK Nov 13,2014 12:44 PM

    AGE IS 54 YEARS For 2 lac plan what is Maturity Amount? AFTER 16 YEARS
    AND IF NATURAL DEATH WITHIN 5 YEARS SO HOW MUCH AMT GIVEN TO HIS NOMINEE.
    PLEASE REPLY ASAP

  14. Reply Pardeep Kumar Dec 2,2014 7:01 AM

    AGE IS 55 YEARS For 2 lac plan what is Maturity Amount? AFTER 15 YEARS
    AND IF NATURAL DEATH WITHIN 5 YEARS SO HOW MUCH AMT GIVEN TO HIS NOMINEE.
    PLEASE REPLY ASAP

  15. Reply Pardeep Kumar Dec 2,2014 7:02 AM

    For 2 lac plan what is Maturity Amount
    3,80,000 or 3,50,000 or 3,00,000 ???????
    LA rates???

  16. Reply Basheeth Jan 23,2015 10:02 AM

    I am newly married boy.I want to joined in this LIC’s Jeevan Rakshak – Plan No 827.But i dont have much idea about this plan and my age is 30.what the benefit i
    can get if i join in this policy.how much year term process is this.

  17. Reply ram Jan 26,2015 6:12 PM

    Age is 35 years for 1 lack plan for term of 12 years and how much money I will get after 12 years.plz reply

  18. Reply SK Feb 9,2015 1:02 PM

    I m going with this policy. Realy good one but my agent told me very late about it. For 16 years, 2lakhs sum assured, will get after maturity 3lakh 50 thousand. Pl tell me if something is wrong in this. It is as told by my agent.

  19. Reply biswajit Chakraborty Apr 1,2015 7:00 PM

    What is the features on my children and any rider means waiver of premium is there or may include??????? Teble-827.

  20. Reply biswajit Chakraborty Apr 1,2015 7:02 PM

    Waiver of premium on this table-827. Is available as it is a child plan????

  21. Reply dinesh May 2,2015 10:53 AM

    age 41 years ,200000 rs ki maturity value kya rahegi
    plicy 10 years
    plicy 15 years
    policy 20 years

  22. Reply n c manna Jul 3,2015 11:25 AM

    sir
    i am narayan manna and 42 years old.i want to know how i buy lici trum plan insurance.shall i get any maturity value.is it saving come insurance.how suitable for me.please sent a mail in my above mention mail.

  23. Reply PREM Dec 29,2015 4:37 AM

    CALL ME ANY INFORMATION 750388780

  24. Reply Nivas Mar 10,2016 4:08 AM

    My age 31 ,would like to get lower quote (200000)

  25. Reply Jay Mar 8,2017 7:04 AM

    If policy in 2 lakh

    death benefit ?
    If accident
    If nature

Leave a Reply

  

  

  

Time limit is exhausted. Please reload CAPTCHA.