Recently, Life Insurance Corporation of India launched - Samridhi Plus. It is launched under unit linked portfolio. It is aimed to offer insurance protection, safety and growth.
An online news portal about business and economy - economictimes.indiatimes.com, writes about the Samridhi Plus,
So, LIC has minimized and maximized the age of entry level for the Samridhi Plus. There is 8 years minimum age and 65 years maximum age for the insurance policy.
Premium of Samridhi Plus is also affordable and flexible which starts from 1500 monthly amount. There is 1 lakh per annum under any mode for the 5 year premium paying term.
It quotes a statement of LIC also,
So, there is an accident benefit option also under this plan. It will be known as equal to the life cover up to a maximum of Rs. 50 lakh. It is fixed for 10 years for the policy term.
Samridhi Plus is launched with the new aspect of flexibility in the insurance sector. You are able to choose it according to your needs and requirement. The plan is really impressive for all age. The plan is as impressive as Life Shield Platinum and Aviva Dhan Varsha of Aviva Life Insurance.
An online news portal about business and economy - economictimes.indiatimes.com, writes about the Samridhi Plus,
“The minimum age at entry level for Samridhi Plus is 8 years while the maximum age is 65 years.
The minimum premium ranges from Rs 1500 (monthly - ECS) to Rs 30,000 (single premium) depending on the mode of payment while the maximum is Rs 1 lakh per annum under any mode for the 5 year premium paying term.”
So, LIC has minimized and maximized the age of entry level for the Samridhi Plus. There is 8 years minimum age and 65 years maximum age for the insurance policy.
Premium of Samridhi Plus is also affordable and flexible which starts from 1500 monthly amount. There is 1 lakh per annum under any mode for the 5 year premium paying term.
It quotes a statement of LIC also,
“Samridhi Plus safeguards policyholders' investment from market fluctuations. Accident benefit option is also available under this plan that will be equal to the life cover up to a maximum of Rs 50 lakh; subject to certain conditions. The policy term for the plan is fixed for 10 years.”
So, there is an accident benefit option also under this plan. It will be known as equal to the life cover up to a maximum of Rs. 50 lakh. It is fixed for 10 years for the policy term.
Samridhi Plus is launched with the new aspect of flexibility in the insurance sector. You are able to choose it according to your needs and requirement. The plan is really impressive for all age. The plan is as impressive as Life Shield Platinum and Aviva Dhan Varsha of Aviva Life Insurance.
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