Need A Financial Product Forums Insurance Why anyone should buy LIC jeevan saral policy?

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    Can someone tell me basic benefits or reason why I should buy LIC Jeevan Saral plan? One of the Insurance agent is pressing hard to buy this saying it is a very good plan.


    LIC jeevan saral policy is LIC’s best savings plan. It is the only product of life insurance sector India which won the international Golden Peacock Award for best designed insurance policy. Jeevan saral policy is very flexible policy which allows partial surrender after three policy years with small penalty and complete exit after 10 years without any penalty or loss. In this policy , in case of death of the person insured , the nominee receives s Sum assure that is 250 times of the monthly premium plus the return of premium excluding extra premium and first years premium plus if there is any the loyalties. And on the maturity of the policy the person insured gets maturity sum which depend upon the age of entry and policy term and plus if there are any loyalties

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