LIC of India introduces new plan LIC’s Jeevan Kiran
(Press Release): Life Insurance Corporation of India (LIC) has recently introduced a new plan called LIC's Jeevan Kiran (Plan No. 870), effective from July 27, 2023. This individual, savings-oriented life insurance plan offers life cover with a return of premium, making it an attractive option for those seeking high life coverage at a reasonable cost.
The plan is available for individuals aged 18 to 65 years, with a minimum sum assured of Rs. 15 lakhs for moderate life cover. Policyholders can choose a policy term ranging from 10 to 40 years, and the premium rates differ for smokers and non-smokers.
Premium payment options include single premium or regular premium payable for the policy term. Rebates on tabular premium are available for sum assured amounts exceeding Rs. 50 lakhs. The minimum installment premium is set at Rs. 3000 for regular premium policies and Rs. 30,000 for single premium policies.
On maturity, if the policyholder survives till the maturity date and the policy is in force, the plan allows for a refund of total premiums paid (excluding any extra premium, rider premium, and taxes paid). In the event of the policyholder's death during the policy term, the "Sum Assured on Death" will be payable, which will be the higher of 7 times the annualized premium or 105% of the total premium paid up to the date of death or the basic sum assured for regular premium payment policies. For single premium policies, it will be the higher of 125% of the single premium or the basic sum assured.
Optional riders, such as the Accidental Death & Disability Benefit Rider and Accident Benefit Rider, are available for an additional premium. The plan also offers a settlement option, allowing the maturity or death benefit to be received over a period of 5 years.
LIC's Jeevan Kiran plan can be purchased online through the LIC website (www.licindia.in) or offline through agents, corporate agents, brokers, and Insurance Marketing Firms (IMF). It is a non-linked and non-participating plan, providing policyholders with a comprehensive and flexible life insurance solution.
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CM, DCM mark 69th Kannada Rajyotsava with festive messages
DCM DK Shivakumar uses Instagram Kannada filter, nominates Speaker UT Khader to continue campaign
Bengaluru: Chief Minister Siddaramaiah and Deputy Chief Minister DK Shivakumar shared heartfelt messages on X in celebration of the 69th Kannada Rajyotsava, highlighting the importance of Karnataka’s heritage, language, and culture.
CM Siddaramaiah emphasised that Kannada Rajyotsava is a day for committing to the preservation and growth of Karnataka’s identity, encompassing its people, language, culture, land, and water. He wished all Kannadigas a happy Kannada Rajyotsava, expressing the hope that love and care for Kannada would become a daily celebration. “Best wishes to all Kannadigas on Kannada Rajyotsava. ‘Sirigannadam Gelge, Sirigannadam Balge,’” he shared.
ಕನ್ನಡ ರಾಜ್ಯೋತ್ಸವ ಎಂದರೆ ನಮ್ಮ ಜನ, ಭಾಷೆ, ಸಂಸ್ಕೃತಿ, ನೆಲ, ಜಲ ಎಲ್ಲವನ್ನೂ ಒಳಗೊಂಡ ಕನ್ನಡತನವನ್ನು ಉಳಿಸಿ-ಬೆಳೆಸುವ ಕಾರ್ಯಕ್ಕೆ ನಮ್ಮನ್ನು ಸಮರ್ಪಿಸಿಕೊಳ್ಳಬೇಕಾದ ದಿನ. ಕನ್ನಡದ ಬಗೆಗಿನ ಪ್ರೀತಿ - ಕಾಳಜಿ ಇಂದಿಗಷ್ಟೆ ಸೀಮಿತವಾಗದೆ, ನಮ್ಮೆಲ್ಲರ ಬದುಕಿನ ನಿತ್ಯೋತ್ಸವವಾಗಲಿ.
— Siddaramaiah (@siddaramaiah) November 1, 2024
ಸಮಸ್ತ ಕನ್ನಡಿಗರೆಲ್ಲರಿಗೂ ಕನ್ನಡ ರಾಜ್ಯೋತ್ಸವದ… pic.twitter.com/bsy0Fm9y2M
DCM DK Shivakumar celebrated digitally by taking a selfie with the ‘Kannada Filter’ on Instagram, encouraging others to join in. He nominated Speaker U.T. Khader to continue this digital campaign, marking it as a small step to spread Kannada’s glory worldwide. “May the lamp of Kannada shine forever, lighting the way for everyone,” he added.
೬೯ನೇ ಕನ್ನಡ ರಾಜ್ಯೋತ್ಸವವನ್ನು ಡಿಜಿಟಲ್ ರೂಪದಲ್ಲಿ ಆಚರಿಸಲು ನಾನು ಇನ್ಸ್ಟಾಗ್ರಾಂನಲ್ಲಿ ʻಕನ್ನಡ ಫಿಲ್ಟರ್ʼ ಬಳಸಿ ಸೆಲ್ಫಿ ತೆಗೆದುಕೊಂಡಿದ್ದೇನೆ. ಸಭಾಪತಿಗಳಾದ ಶ್ರೀ ಯು.ಟಿ ಖಾದರ್ ಅವರನ್ನು ಈ ಅಭಿಯಾನವನ್ನು ಮುಂದುವರೆಸಲು ನಾಮಿನೇಟ್ ಮಾಡುತ್ತಿದ್ದೇನೆ. ಕನ್ನಡದ ಗರಿಮೆಯನ್ನು ಜಗದಗಲ ಪಸರಿಸುವ ನಿಟ್ಟಿನಲ್ಲಿ ಇದೊಂದು ಪುಟ್ಟ ಹೆಜ್ಜೆ.… pic.twitter.com/WsAYDK2d6K
— DK Shivakumar (@DKShivakumar) November 1, 2024
