Need A Financial Product Forums Insurance Basic details of Jeevan Rekha policy of LIC?

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    Can someone provide Basic details of Jeevan Rekha policy of LIC?


    Aarti Datta

    Jeevan Rekha policy of LIC is plan which insures regular guaranteed returns on every 5th year, with lifelong insurance. This jeevan Rekha policy of LIC is a good combination of whole life policies and money back policies. This policy offers a certain amount of return on every five year all throughout life and insurance cover until the end of life. The policy holder of Jeevan Rekha policy of LIC receives the survival benefit by the way of return of 10 percent sum assured at every five year interval from the day of commencement of the plan until the end of life of the policy holder. On the death of the policy holder during the time period of the policy, total sum assured plus all the bonuses and if there is any final additional bonus is paid to the nominee irrespective of the fact that the survival benefit of the policy has been paid already.

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