Need A Financial Product Forums Insurance Benefits of Jana Raksha

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    Daniel Don

    What are the benefits of Jana Raksha?


    Jana raksha plan of LIC helps in the guidance and help of the person in need. If the person possessing the policy has paid premium regularly for the two policy years then the Jana raksha plan of LIC provides the policy holder the unique facility of risk cover on the life of person holding the policy for the time interval of three years even if the plan holder fails to pay the premium in future. If the policy holder has paid the premium on a regular basis then he or she will receive sum assured with all the accrued bonuses on the day of maturity of the policy. In the case of sudden demise of the policy holder before the date of maturity sum assured with all the accrued bonuses are paid to the nominees who are generally wife or children of the policy holder.

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