Jeevan Labh LIC Plan Table No. 836

Jeevan Labh LIC Plan 2016 Table No. 836 benefit, Premium Calculation, New Chart, Policy Review, Loyalti Additions information for LIC Agents and Customers.

LIC Jeevan Labh Plan Table No. 836 Maturity Benefit in Complete Detail

Life Insurance Corporation of India (LIC) recently announced new endowment plan on 4th january which is called name as Jeevan Labh LIC Plan under the Table no. 836. A Unique Identification Number which is given by the LIC Jeevan Labh Plan and that is 512N304V01. OWho required to buy the policy of Jeevan Labh have to quote policy holder relevant documents and UIN No.

Jeevan Labh new plan 2016 hd logo

Jeevan Labh new plan 2016 hd logo

LIC Jeevan Labh Plan who is non Linked (Not Dependent on Share Market) limited Premium Paying Endowment Plan So for this Table no. 836 Policy holder pay term in less than policy term For Example If policy term 16 has selected then Policyholder have to paid only 10 years time premium and maturity amount will be paid after the 16 Years of Completion. This Jeevan Labh Policy is same liek jeevan shree which is currently close on sale and it is one of the highest bonus attracting plan of LIC in history. So all the policy holder may try this Jeevan Labh Policy.

Also see Other LIC Plan : Jeevan Shikhar   | Jeevan Pragati | New Jeevan Anand | LIC Money Back Policy

 

Key Features of LIC Jeevan Labh Plan

  • Higher Return due high bonus
  • under this policy Premiums need to be paid for less number of years than Maturity year
  • Ideal Plan for planning Child’s Education and Marriage
  • Options to avail accidental benefit and term riders
  • Paid premiums on this policy are exempted from income tax under 80C
  • Maturity amount of jeevan labh is tax free under 10 (10D)

Table No. 836 – Jeevan Labh Plan Parameters

Minimum Age at Entry 8 Years (Completed)
Maximum Age at Entry 59 Years for 16 Year Term
54 Years for 21 Year Term
50 Years for 25 Year Term
Premium Paying Mode Yearly, Half Yearly, Quarterly, Monthly (ECS Only)
Calculate Your Premium
Policy Term (Premium Payment Term) 16(10), 21(15), 25(16)
Basic Sum Assured amount 2,00,000 and above (in multiple of 10,000)
Premium Payment Mode rebate 2% on yearly, 1% on Half Yearly, Nil on Quarterly & Monthly
Rebate on High Sum Assured
(Per 1000 of Sum Assured)
0% up to 4,90,000
1.25% for 5,00,000 to 9,90,000
1.50% for 10,00,000 to 14,90,000
1.75% for 15,00,000 and above
Loan Facility After 3 years
Surrender info After 3 years of full premium payment

Maturity Benefits:

On survival of the Life Assured after the completion of policy term at maturity,

Maturity benefit (Benefits payable on maturity) = Basic Sum Assured + vested Simple Reversionary Bonuses + Final Additional Bonus, if any.

Death Benefits:

In case Policy holder death during the policy term then Death Benefit : ‘Sum Assured on Death’ + vested Simple Reversionary Bonuses + Final Additional Bonus, if any.

Ho to Buy Jeevan Labh LIC Policy ? Which Procedure have to do to Bought Jeevan Labh Plan ?

If you want to buy LIC Jeevan Labh Policy then below is the require document for that.

  • Application form/ Proposal form No. 300, 340 and 360 along with a photo.
  • Address proof.
  • Age proof.
  • Medical reports(if required).
LIC Jeevan Labh Premier Calculator - Wall Chart

LIC Jeevan Labh Premier Calculator – Wall Chart

Death Claim Details

death claim details for 15lakh
Year Age Normal Life Cover (Approx) Accidental Life Cover (Approx)
2016 24 1953000 3453000
2017 25 2031000 3531000
2018 26 2109000 3609000
2019 27 2187000 3687000
2020 28 2265000 3765000
2021 29 2343000 3843000
2022 30 2421000 3921000
2023 31 2499000 3999000
2024 32 2577000 4077000
2025 33 2655000 4155000
2026 34 2733000 4233000
2027 35 2811000 4311000
2028 36 2889000 4389000
2029 37 2967000 4467000
2030 38 2715000 4215000
2031 39 2800500 4300500
2032 40 2893500 4393500
2033 41 2986500 4486500
2034 42 3117000 4617000
2035 43 3277500 4777500
2036 44 3400500 4900500
2037 45 3591000 5091000
2038 46 3744000 5244000
2039 47 3897000 5397000
2040 48 4125000 5625000

How to Claim LIC New Plan of Jeevan Labh – Closing Procedure

Below are the necessary Document to claim Procedure for LIC Jeevan Labh Table no. 836.

  • Original Policy Document
  • NEFT Mandate Form.
  • Proof of Title.
  • Death Certificate.
  • Accident/ Disability Proof (as mentioned in the rider circular).
  • School/ College/ employer’s certificate.
  • If age is not admitted under the policy, the proof of age of the Life Assured shall also be submitted.

Premium Calculator of Jeevan Labh LIC Plan 2016 which is under TAble no. 836

Here we share with you LIC Jeevan Labh Plan 836 Premium and Maturity Calculator. To calculate Premium of Jeevan Labh online kindly enter the following details on the below box.

  • Name.
  • Email Id.
  • Mobile.
  • Age.
  • Term.
  • Sum Assured

After submit all the above information you can easily calculate the LIC Jeevan Labh Plan Premium amount. .

Also see : Jeevan Shikhar Table No. 837 LIC New Plan

More information for this Jeevan Labh Table no. 836 Plan

Can This Policy Provide the Loan Facility ?

Yes, Jeevan Labh Plan provide the Loan facility If you paid payment of premiums for at least 3 full years subject to the policy conditions.

Grace Period for Premium Payment in Jeevan Labh ?

Under the LIC Jeevan Labh Table no. 836 Plan grace period is given one month for a yearly payment of premium.

Participation in Profit ?

Yes This Plan of Jeevan Labh is participate in Profits of Corporation so receive simple reversionary bonuses.

Paid up Value

Paid-up Value = Basic Sum assured x (No. of premiums paid/ Total no. of premiums payable)

Surrender Value

You can Close / Surrendered this plan at any time 3 Full years premium necessary for full payment.

Suicide Clause

If policy holder suicide before 12 month from the commencement of risk date then he/she will be return 80% amount of premiums paid and its are excluding taxes.

LIC Online Payment Procedure and steps for New and Registered users www.licindia.in

How to Pay Premium of LIC Online Payment through licindia.in

Introduction of LIC Online Payment Procedure

LIC Who is know fully as Life Insurance Corporation of India which is one of the leading life insurance company of India. LIC is public sector insurance company of India. Most of the People are good trust and faith about this LIC company because this is controlled by the Indian government but when its comes to services and extra features all the people are taking too much care about it.

One of the most important thing to people care about how to pay LIC premium Online because on the busy schedule people are paying premium of Life insurance corporation Online So how to safe LIC Online Payment of insurance premium is one of the topic people are mostly search on the internet. Most of the Policy Holder still now aware how to Pay LIC Premium online Payment via official sites and what is the procedure for LIC online payment so policy holder mostly depend on LIC agent.

Here on this article we explain everything with step by step procedure for LIC of India Online Payment. We hope after seen this step most of the policy holders can pay their LIC premiums online without any hesitation and fear. Most of the policy holder thinking that paying premium of LIC is done only via agent or direct going to the LIC office but You can also pay LIC Policy Online Payment via official website of licindia.in and its also without any tension of your money and also save your important times. For that reason Life insurance corporation provide online payment facility to their customers and feel them confortable.

Know how to Pay LIC Online Payment of Premium via official sites on licindia.in

All the LIC Policy holder and their customer can pay your LIC Policy Premium online for that you need just few clicks from your computer. Even this facility also available on the mobile via installing the lic india apps on iphone, ipad or andorid device. You can pay LIC Policy Premium online via two way registered users and pay premium online directly without registration.

LIC online payment procedure for Registered users Customers

Step 1

Go to official website of http://www.licindia.in/ or search on google and go to above url www.lic online payment or www.lic of india online payment

Life Insurance Corporation of India licindia.in Homepage

Life Insurance Corporation of India licindia.in Homepage

step 2

after go to the official website you have to click on Online services (Images seen below for more info)

LIC online services menu

LIC online services menu

Step 3

After click on “Online services” option website takes you to page which is containing option of registered users

LIC registered user menu

LIC registered user menu

Step 4

Now Click on the Registered user and fill of your Login and Password (if you are new then create new login id and password)

lic login page where enter id and pasword with captca

lic login page where enter id and pasword with captca

Step 5

After login to your policy first enrolled your policy if you are newly registered via click on the Enroll Policies

Step 6

Once you enter or view the enrolled policies. Now click on Click on the ‘Pay Premium Online” link and you will see a list of policies you have enrolled in your account.

LIC E services - pay premium online menu for registered users

LIC E services – pay premium online menu for registered users

Step 7

Now select the policy which you want to pay. in this list upcoming LIC Premium list are shown. After picking the policy just click on the submit button.

Step 8

After click on submit button you will landing on the payment gateway option just choose the payment option like How you want to Pay LIC Premium amount ? like via credit card, debit card, Net Banking (internet banking) and click the option you like.

payment gateway for LIC premium

payment gateway for LIC premium

Fill all the details and click on Make Payment button, your payment will be processed. Just wait for the few minutes as your payment reciept will be generated. You can also get this LIC Online premium payment receipt via your email too.

Pay LIC Premium Online without registration

Step 1

go to official website of licindia.in

step 2

choose the option “Pay premium online” from the menu of online service (for more info kindly check below image)

pay premium online menu from the licindia official website

pay premium online menu from the licindia official website

step 3

select pay direct and enter your Policy number, Instalment premium ammount, date of birth, Email ID, your Mobile number and also enter the captcha text which you shown.. and click on the submit button

Step 4

Now pay via internet banking, credit card, debit card just like above…

You can view the premium receipt any time. It is one of the advantage if we are making the payment online. We can keep the receipts safely and take the printouts any time whenever i want. The copy of the receipts will be sent to your email-id which is registered with your policy number or your put on the time of payment.

Enjoy the Online pay service of Life insurance corporation and save your precious time. LIC Online Payment of Premium are very easy and quick so use this usefull services of LIC.

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