What is Aadhar Shila LIC policy?

What is Aadhar Shila LIC policy?

LIC’s Aadhaar Shila Plan is a participating endowment plan which is available only for Females. As the name suggests, this plan can only be purchased by those who have an Aadhaar Card. In case of death of the policyholder, the plan will offer a cover amount to the nominee.

What is loyalty addition in LIC?

What is Loyalty Addition? Loyalty Addition (LA) is profit shared by LIC among its policy holders in the form of onetime payment in case of maturity or death claim. It means that if a policy is getting matured or becoming a death claim, then Loyalty Addition will as per following rates.

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What is Shila in aadhar?

/ådhārashilā/ nf. cornerstone countable noun. The cornerstone of something is the basis of its existence or success.

What is Adharshila?

Aadharshila (English: The Foundation Stone) is a 1982 Hindi film written, produced and directed by Ashok Ahuja, starring Naseeruddin Shah and Anita Kanwar. The film won the Filmfare Critics Award for Best Movie and the Indira Gandhi Award for Best Debut Film of a Director.

How can I get LIC bonus?

It will be paid irrespective of the valuation surpluses made (or not made) by LIC in any given year. In the above example, a Guaranteed Addition of 3 per cent for the first five years will mean an annual addition of Rs 15,000 to your account (3 percent of Rs 5 lakh).

How can I check my LIC bonus?

How To Check Accrued Bonus On LIC Policy?

  1. Visit the official website of LIC and login into the LIC portal account.
  2. After logging in to your account, select the tab ‘Basic Service’.
  3. A new page or window will open and the policy list and option are displayed on the left panel of the page.
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What is the LIC Aadhar Shila plan for females?

LIC is a government organization that sells various life insurance products giving you a life cover and maturity benefits. Recently, LIC has launched a new life insurance plan for females that gives you a life cover with savings. The name of the plan is LIC Aadhar Shila plan in which you will get death benefits and maturity benefits.

What is Aadhaar card life insurance policy?

This Policy exclusively designed for Female lives having Aadhaar Card (UIDAI). This plan will be available to standard healthy lives without any medical test requirement. On survival of year term, Maturity will be Basic Sum Assured + Loyalty Addition. Death claim amount will be equal to 110\% of Basic Sum Assured.

What is Aadhaar Shila plan 944?

LIC’s Aadhaar Shila Plan (Plan No: 944) is a non-linked insurance plan, with profits and regular premium paying endowment plan. This plan is a combination plan which offers both savings as well as protection.

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What is accidental benefit rider in LIC’s policy?

Policyholders who are above 18 years of age have the option of availing LIC’s Accidental Benefit Rider along with this plan, which will provide the policyholder, an additional amount equal to the Basic Sum Assured in case of death caused due to an accident. The Sum Assured avialable in this rider will not exceed the amount of the Basic Sum Assured.