Jeevan Saral
Jeevan Saral is one of the best plans from LIC of India with great features of saving, smooth returns and high-risk cover with low premiums. This plan has won the Golden Peacock award for it ultimate composition of whole life plan and endowment assurance plan. There are several features which make Jeevan Saral stand alone. This policy is also known as LIC ATM Plan due to its excellent feature of partial or full maturity withdrawal after 10 years without any extra charges. Apart from general benefits like loan and tax savings, this plan offers special surrender value. Under special surrender value life insured gets 80% of Maturity Sum Assured if policy completed 3 years, 90% of the Maturity Sum Assured if policy completed 4 years and 100% of the Maturity Sum Assured if 5 or more years premiums have been paid. Followings are the benefits covered in Jeevan Saral Policy: You get 100% maturity sum in case of surrender after 5 years. Avail loan at only 9% p.a just after 3 years. E