A.K Sahoo, Zonal Manager, Life Insurance Corporation of India, Abids,
Hyderabad, Andhra Pradesh. LIC of India launched a new product “Jeevan
Vaibhav”. This is a single premium non linked insurance plan where the
risk cover is the Sum Assured which is almost double the premium chosen
by the customer and offers guaranteed returns on maturity. The plan
which is an ideal combination of Insurance & returns, would be
available for a limited period only up to a maximum of 120 days. The
minimum age at entry for the plan is 8 years while the maximum is 65
years. The term under the policy is fixed at 10 years. The minimum sum
assured is Rs. 2 lakh while there is no upper limit. The minimum premium
under the policy is Rs. 95210 with no upper limit.http://www.hybiz.tv/A-K-Sahoo---LIC/167187
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