{"id":77645,"date":"2024-05-02T15:55:23","date_gmt":"2024-05-02T10:25:23","guid":{"rendered":"https:\/\/karnatakastateopenuniversity.in\/?p=77645"},"modified":"2024-05-02T15:55:14","modified_gmt":"2024-05-02T10:25:14","slug":"lic-bima-account-1-plan","status":"publish","type":"post","link":"https:\/\/karnatakastateopenuniversity.in\/lic-bima-account-1-plan.html","title":{"rendered":"LIC Bima Account 1 Plan 2024 Benefits, Feature, Details, Review"},"content":{"rendered":"

LIC Bima Account Plan 2024: <\/strong>Are you looking for an insurance policy that will give you peace of mind? Then look no further than LIC Bima ! The LIC Bima account plan offers a wide range of benefits and features that are sure to make your life easier. In this blog post, we’ll take a look at the key details of this policy, as well as provide a review of how it has helped others in the past. So if you’re looking for an insurance policy that will cover you in all sorts of ways, be sure to check out LIC Bima !<\/p>\n

LIC Bima Account 1 Plan 2024<\/h2>\n

Bima Account 1 Non-linked life insurance policies are offered by LIC. It is the first time a life insurance firm has disclosed the costs and commissions being taken out in a classic plan, and it gets very positive feedback on simplicity and clarity. In addition, the strategy provides a guaranteed return of 6% of the total investment in the policy holder’s account each year. Depending on the plan’s performance, the policy can return more than this. Mortality rates are also lower. The annual premium is capped at Rs.14,000, and the policy term can only be 5 to 7 years. LIC Bima Account 2 has a 15-year term and is therefore the better choice.<\/p>\n

If you’re looking for a life insurance policy, look no further than LIC Bima. The account plan offers a range of benefits that are perfect for you. These include lifelong cover, accidental death cover, and chronic illness cover. The features include 24\/7 emergency help, roadside assistance, and global claim support. To find out more about the account plan or to apply online, visit licbima-com\/accountplan. Don’t wait any longer – apply today and enjoy peace of mind for years to come!<\/p>\n

\"LIC<\/p>\n

LIC Bima Account 1 Plan in India 2024<\/h2>\n
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Name Of Article<\/td>\n LIC Bima Account 1 Plan 2024<\/a><\/td>\n<\/tr>\n
LIC Bima Account 1 Plan<\/td>\nClick Here<\/a><\/td>\n<\/tr>\n
Category<\/td>\nInsurance<\/a><\/td>\n<\/tr>\n
Official Website<\/td>\nClick Also<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

LIC Bima Account 1 Plan<\/h2>\n

LIC Bima Account 1<\/a> is a life insurance policy with guaranteed returns and no linked life. The plan offers a variety of advantages, including adequate life coverage, without necessitating any medical tests.<\/p>\n

Click Here Term Insurance Calculator Plan<\/a><\/p>\n

LIC Bima Account 1 Plan Details<\/h2>\n

It’s time to take your insurance needs to the next level! LIC Bima account plan<\/a> has everything you need, and more. With accident insurance and travel medical coverage, you’ll be covered in case of an emergency. Plus, the feature list includes mobile banking, instant fund transfers, 24\/7 customer support, and more. We’ve reviewed the LIC Bima account plan in detail, so take the time to read our review before making a decision. It’ll help you make an informed decision about this insurance option that’s perfect for you. So what are you waiting for? Start planning your insurance dreams today!<\/p>\n

Eligibility Criteria for LIC Bima Account 1 Plan<\/h3>\n\n\n\n\n\n\n\n\n\n\n\n\n
Minimum age at entry<\/td>\n11 years<\/td>\n<\/tr>\n
Maximum age at entry<\/td>\n50 years at nearest birthday<\/td>\n<\/tr>\n
Minimum age at maturity<\/td>\n18 years<\/td>\n<\/tr>\n
Maximum age at maturity<\/td>\n57 years at nearest birthday<\/td>\n<\/tr>\n
Minimum policy term<\/td>\n5 years<\/td>\n<\/tr>\n
Maximum policy term<\/td>\n7 years<\/td>\n<\/tr>\n
Minimum annual premium<\/td>\nRs. 7,000<\/td>\n<\/tr>\n
Maximum annual premium<\/td>\nRs. 14,000<\/td>\n<\/tr>\n
Minimum sum assured<\/td>\n10 times the annualised premium<\/td>\n<\/tr>\n
Maximum sum assured<\/td>\nUp to the age of 35 years- 20 times the annualised premium 36 to 45 years- 14 times the annualised premium 46 to 50 years- 10 times the annualised premium<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Also Check Exide Life Guaranteed Income Insurance Plan\u00a0<\/a><\/p>\n

Key Features of LIC Bima Account 1 Plan<\/h3>\n

Licensing is an important part of any business. And when it comes to licensing, nothing beats the power of a LIC Bima account plan. This account plan offers a wealth of benefits that can help your business succeed. Among these benefits are access to all license content, priority access to training and certification events, and discounts on products and services. Plus, 24\/7 customer support is always available to help you out. So whether you’re looking to deepen your knowledge of a specific product or just need some extra help getting started, a LIC Bima account plan<\/a> can be a big boon for your business.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Type<\/td>\nNon linked insurance plan<\/td>\n<\/tr>\n
Basis<\/td>\nIndividual<\/td>\n<\/tr>\n
Policy terms<\/td>\n5 to 7 years<\/td>\n<\/tr>\n
Premium payment terms<\/td>\nSame as the policy term<\/td>\n<\/tr>\n
Premium payment mode<\/td>\nAnnually, bi-annually, quarterly and monthly<\/td>\n<\/tr>\n
Minimum premium payment<\/td>\nYearly- Rs. 7,000 Half yearly- Rs. 4,000 Quarterly- Rs. 2,000 Monthly- Rs. 600<\/td>\n<\/tr>\n
Maximum premium payment<\/td>\nYearly- Rs. 14,000 Half yearly- Rs. 7,000 Quarterly- Rs. 3,500 Monthly- Rs. 1,100<\/td>\n<\/tr>\n
Minimum top up premium<\/td>\nRs. 1,000<\/td>\n<\/tr>\n
Maximum top up premium<\/td>\nSum total of all the premiums paid up until then<\/td>\n<\/tr>\n
Death benefit<\/td>\nIn case of the unfortunate death of the life insured during the policy term, the nominee will be paid sum assured along with the balance in the policyholder’s account.<\/td>\n<\/tr>\n
Maturity benefit<\/td>\nBalance in the policyholder’s account will be paid as the maturity benefit on surviving the maturity date of the policy<\/td>\n<\/tr>\n
Top up premium<\/td>\nThe policyholder can pay top up premium in the multiple of Rs. 1,000<\/td>\n<\/tr>\n
Decrease in benefits<\/td>\nThe plan provides the flexibility of reducing the sum assured during the term of the policy (subject to the minimum limit).<\/td>\n<\/tr>\n
Free look period<\/td>\n15 days<\/td>\n<\/tr>\n
Grace period<\/td>\nOne month (30 days)<\/td>\n<\/tr>\n
Guaranteed returns<\/td>\nThe guaranteed interest paid is applicable only on the policyholder’s account and not on the gross premium paid by the policyholder.<\/td>\n<\/tr>\n
Policy cover<\/td>\nDeath benefit, maturity benefit along with guaranteed returns<\/td>\n<\/tr>\n
Loan facility<\/td>\nLoan facility is available after successful completion of one year of the policy given that the year’s premiums have been paid completely.<\/td>\n<\/tr>\n
Policy revival<\/td>\nThe policy can be revived within the first 12 months from the date of the first unpaid premium in case of lapse of the policy<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Check Here Manipal Cigna Health Insurance Plan<\/a><\/p>\n

Benefits of LIC Bima Account 1 Plan<\/h2>\n

The LIC Bima account plan<\/a> is a great way to save on your insurance needs. It offers a low initial deposit and no monthly maintenance fees. You can also choose toadia free insurance for accidental damage up to INR 1 Lac. There are a variety of account options available, including an individual account and a joint account. If you have any questions about the LIC Bima account plan, don’t hesitate to get in touch with our team of experts. We are here to help you make the best choices for your insurance needs.<\/p>\n

Listed below are the benefits of the LIC plan.<\/p>\n