Insurance

LIC Life Insurance Calculator | Indian Insurance | My Insure Book | Jabar Post Indonesia

LIC Life Insurance Calculator | Indian Insurance | My Insure Book | Jabar Post Indonesia/a> – This time JabarPost.Net will discuss about Life Insurance.

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LIC Life Insurance Calculator | Indian Insurance | My Insure Book | Jabar Post Indonesia

Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefit) in exchange for a premium, upon the death of an insured person (often the policy holder). Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policy holder typically pays a premium, either regularly or as one lump sum. Other expenses, such as funeral expenses, can also be included in the benefits.

Life policies are legal contracts and the terms of the contract describe the limitations of the insured events. Specific exclusions are often written into the contract to limit the liability of the insurer; common examples are claims relating to suicide, fraud, war, riot, and civil commotion.

Modern life insurance bears some similarity to the asset management industry[1] and life insurers have diversified their products into retirement products such as annuities.[2]

Life-based contracts tend to fall into two major categories:

Protection policies: designed to provide a benefit, typically a lump sum payment, in the event of a specified occurrence. A common form—more common in years past—of a protection policy design is term insurance.

Investment policies: the main objective of these policies is to facilitate the growth of capital by regular or single premiums. Common forms (in the U.S.) are whole life, universal life, and variable life policies.



Calculates premium for Endowment plans, Term plans, LIC Child plans, Jeevan Arogya plan etc… Get Policy Renewal Reminders, Business Statistics reports, Revival Calculator etc…
Download MIB Life Insurance calculator @ https://goo.gl/LFb9YN

KEY Features of MIB Life Premium calculator:
i. Premium calculation Plan feature and Quotation Sharing.
ii. CRM with Policy Renewal reminders.
iii. Age, BMI, Late fee and Revival calculator.
iv. Customer location by Google Map.
v. Export / Import CRM .
vi. Business statistics as Plan v/s Policy and Plan v/s Premium.

MIB Life Premium calculator is configured with below LIC Plans:
Endowment Insurance Plans

LIC ‘s New Endowment Plan
LIC ‘s New Jeevan Anand
LIC ‘s Single Premium Endowment Plan
LIC ‘s Jeevan Rakshak
LIC ‘s Limited Premium Endowment Plan
LIC ‘s Jeevan Lakshya
LIC ‘s Jeevan Pragati
LIC ‘s Jeevan Labh
Money Back Insurance Plans
LIC ‘s Money Back Plan – 20 YEARS
LIC ‘s Money Back Plan- 25 YEARS
LIC ‘s Bima Bachat
LIC ‘s Bima Diamond

Term Insurance Plans
LIC ‘s Anmol Jeevan II
LIC ‘s Amulya Jeevan II
Pension Insurance Plans
LIC ‘s Jeevan Nidhi
LIC ‘s Jeevan Akshay VI

Health Insurance Plan

LIC ‘s Jeevan Arogya

Child Insurance Plan
LIC ‘s Child Money Back
LIC ‘s Jeevan Tharun

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