Need A Financial Product Forums Insurance Maturity benefits of LIC New Bima Gold policy?

This topic contains 1 reply, has 2 voices, and was last updated by  Mukesh Maru 3 years, 5 months ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
  • #47546

    Mukesh Maru

    What are the maturity benefits of LIC New Bima Gold policy?


    In LIC New Bima Gold policy on the maturity of the policy the policy holder will receive total of all the premium paid by the policy holder and if there is any loyalty which he received plus the survival benefits of new bima gold policy. In case the policy holder stop paying the premium after two policy years, still the policy cover will continue for next two years from the date of first unpaid premium under auto cover condition. There is an assured surrender value after three policy years. This assured surrender value is 30 percent of the total premium paid except the first year’s premium.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.

About Us

Simplypaisa, a web initiative by Elite Wealth Advisors Ltd, has the primary objective to help readers make smart financing decisions. What is smart finance? How to make smart financing decisions to procure assets or to meet one’s personal needs? Information is critical to make smart financing decisions: be it to purchase your dream house, a car, to start a business or to enable an entrepreneur to meet his/her working capital needs.Read More...


Elite Wealth Advisors Ltd.
S-8, DDA Shopping Complex,
Near Jeevan Anmol Hospital,
Mayur Vihar Phase-1, Delhi-110091.
Phone No: 011-42445800
Email :

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.