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Thread: Whether loyality addition is paid like reversionary bonus in Jeevan saral policy?

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  1. #1
    PolicyWala NewBie
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    Default Jeevan saral loyality addition

    Quote Originally Posted by blsimp View Post
    Whether loyality addition is paid like reversionary bonus in LIC's Jeevan saral policy?
    I want to know that in t-165 after 10years or more loyality addition will be more than bonues or less than bonus.It is sold by some agents projecting 7.5% to 10% returns as in post office Reccuring deposit.

  2. #2
    PolicyWala Newbie
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    Default

    Quote Originally Posted by blsimp View Post
    I want to know that in t-165 after 10years or more loyality addition will be more than bonues or less than bonus.It is sold by some agents projecting 7.5% to 10% returns as in post office Reccuring deposit.
    Nobody can't predict future returns but if you see the past loyalty bonus of LIC plans (see the attached pdf)
    Jeevan Shree* (plan 112) - 5 to 9 Years Term => 70 (Loyalty Addition per 1000 sum assured )
    - 10 Years or more Term => 150 (Loyalty Addition per 1000 sum assured )
    * No info about Jeevan Saral in the LIC Bonus Rates.
    So if we assume that LIC Jeevan Saral will also give similar return then you may get upto 15% (as per above example).

    LIC Bonus Rates 2008-09 - http://www.licindia.in/pages/Bonus_rate2008-2009.pdf

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