中国根管预备器械行业现状研究.ppt

1、LIC SZO Chennai Product Presentation,ENDOWMENT PLANS,LIC SZO Chennai Product Presentation,FeaturesThis With-Profit plan is a combination of the Whole Life Plan and the most popular Endowment Assurance Plan. The plan provides the pre-decided Sum Assured and Bonuses at the end of the stipulated premiu

2、m paying term, but the risk cover on the life continues till death. Moderate PremiumsHigh bonusHigh liquiditySavings oriented,Jeevan Anand 149,LIC SZO Chennai Product Presentation,Special FeaturesAccident Benefit:The double Accident Benefit is available during the premium paying term and thereafter

3、up to age 70. The premium for this has been built into the tabular premium rates. Maximum Accident Cover available under this plan will be Rs. 5 lakh ( this limit excludes accident benefit taken under other plans),Jeevan Anand 149,LIC SZO Chennai Product Presentation,Premium StoppageIf payment of pr

4、emiums ceases after at least THREE years premiums have been paid , a free paid-up policy for a reduced sum assured will be automatically secured provided the reduced sum assured, exclusive of any attached bonus, is not less than Rs. 250/-. The reduced sum assured will become payable on the event as

5、stipulated in the policy.,Jeevan Anand 149,LIC SZO Chennai Product Presentation,Survival benefits: Sum assured along with all vested bonuses payable at the end of the premium paying term (Endowment term)Death Benefits:Sum Assured along with vested bonuses are payable on death during the premium payi

6、ng term and policy ceases. An amount equal to the Sum Assured is payable if death occurs after the premium paying term.Simple Reversionary Bonus accrues during the premium paying term and is payable at the end of the premium paying term or on earlier death along with Final Additional Bonus, if any.

7、No Bonus is paid on death after the premium paying term,Jeevan Anand 149,LIC SZO Chennai Product Presentation,Plan Parameters Min MaxEntry Age 18 completed 65 nbdSum Assured 1,00,000 No limitTerm 5 57Mode of Payment: Yly, Hly Qly, Mly or SSSMax. Maturity age: 75 YearsPolicy Loan available: Yes,Jeeva

8、n Anand 149,LIC SZO Chennai Product Presentation,Jeevan Anand Yield Chart,BASED ON BONUS/FAB DECLARED AS AT 31.03.2002,LIC SZO Chennai Product Presentation,FeaturesModerate PremiumsHigh bonusHigh liquiditySavings oriented This policy not only makes provisions for the family of the Life Assured in ev

9、ent of his early death but also assures a lump sum at a desired age. The lump sum can be reinvested to provide an annuity during the remainder of his life or in any other way considered suitable at that time,Endowment With profit - 14,LIC SZO Chennai Product Presentation,Plan Parameters Min MaxEntry

10、 Age 12 nbd 65Sum Assured 20000 No limitTerm 5 55Mode of Payment: Yearly, half yearly quarterly, monthly or SSSMax. Maturity age: 75 YearsPolicy Loan available: Yes,Endowment With profit - 14,LIC SZO Chennai Product Presentation,BenefitsSurvival benefits:Payment of full Sum Assured + Vested Bonus +

11、Final Additional bonus, if anyDeath Benefits:Payment of full sum assured + Vested Bonus,Endowment With profit - 14,LIC SZO Chennai Product Presentation,Special FeaturesDisability Benefit:In case policy holder becomes totally and permanently disabled due to an accident before reaching the age of 70 a

12、nd the policy is in full force, he will not be required to pay further premiums, (the Disability Benefit is available in respect of the first Rs.20,000 sum assured on any one life) and the policy will continue to be in force.,Endowment With profit - 14,LIC SZO Chennai Product Presentation,Accident B

13、enefitThe Double Accident Benefit equal to the Sum Assured and not exceeding Rs.25 lacs can be availed by paying a small extra premium of Re.1 per Rs.1000/- Sum Assured per year. Even students above the age of 18 years can avail of this benefit.,Endowment With profit - 14,LIC SZO Chennai Product Pre

14、sentation,Endowment With profit - 14Yield Chart,BASED ON BONUS/FAB DECLARED AS AT 31.03.2002,LIC SZO Chennai Product Presentation,FeaturesThe payment of premium can be limited either to a single payment or to a term shorter than the policy. The Sum Assured and Vested Bonus are, however, payable only

15、 at the end of the policy term, or on death of the policy holder if it takes place earlier.,Limited Payment Endowment with Profits 48,LIC SZO Chennai Product Presentation,Plan Parameters Min MaxEntry Age 12 nbd 60Sum Assured 20000 No limitTerm 5 50Mode of Payment All modes Max Maturity Age 70Policy

16、loan availableNo loan under policies issued on minors until vesting,Limited Payment Endowment with Profits 48,LIC SZO Chennai Product Presentation,BenefitsThis is the most popular form of life assurance since it not only makes provision for the family of the Life Assured in the event ofhis early dea

17、th, but also assures a lump sum at any desired age. The amount assured, if not paid by reason of his earlier death, becomes payable at the end of the endowment term when it may be invested to provide an annuity during the remainder of his life or in any other way he may think most suitable at the ti

18、me.,Limited Payment Endowment with Profits 48,LIC SZO Chennai Product Presentation,Special FeaturesIf payment of the premiums ceases after at least three years premiums have been paid, a free paid-up Policy for an amount bearing the same proportion to the sum assured as the number of premiums actual

19、ly paid bears to the number stipulated for in the policy, will be automatically secured provided the reduced sum assured, exclusive of any attached bonus, is not less than Rs.250.Such reduced paid-up Policy will not be entitled to participate in the profits declared thereafter, but such Bonus as has

20、 already been declared on the Policy will remain attached hereto.,Limited Payment Endowment with Profits 48,LIC SZO Chennai Product Presentation,Special FeaturesBesides the usual benefits offered by any endowment insurance plan, this policy provides for an additional insurance cover equal to the sum

21、 assured in the event of a policy holders death during the term of the policy. In other words, the death claim in the case of this policy is twice the basic sum assured.The survival claim, on the other hand, is the basic sum assured, plus the accrued bonuses. Bonus is, similarly, calculated only on

22、the basic sum assured at rates applicable to endowment policies.,Jeevan Mitra 88,LIC SZO Chennai Product Presentation,BenefitsSurvival benefits:Sum Assured + vested Bonus on the basic Sum AssuredDeath Benefits:Double the Sum Assured + vested Bonuses on the basic Sum Assured OrDouble Accident benefit

23、s, if taken and paid for will treble the amount of Sum Assured,Jeevan Mitra 88,LIC SZO Chennai Product Presentation,Plan Parameters Min MaxEntry Age 18 lbd 50Sum Assured 20000 No limitTerm 15 30Mode of Payment All modes Max Maturity Age 70 YearsPolicy loan available Yes,Jeevan Mitra 88,LIC SZO Chenn

24、ai Product Presentation,FeaturesThe benefits of this policy are considered normally for standard and substandard lives upto Class VI. It cannot be allowed for people engaged in hazardous occupations. Female lives under Category I & II allowed. Non-medical special is allowed only if the Sum Assured d

25、oes not exceed Rs.1,00,000/-,Jeevan Mitra 88,LIC SZO Chennai Product Presentation,This policy is issued on the lives of the husband and wife including those under Category II & III. The Sum Assured will be payable on the first death and again on the death of the survivor during the term of the polic

26、y. Vested Bonuses would also be paid along with the Sum Assured on the second death.,Jeevan Saathi 89,Special Features,LIC SZO Chennai Product Presentation,Special FeaturesThe Premium under this Plan is payable during the joint life time of the two lives and ceases on the first death or the expiry o

27、f the selected term, whichever is earlier.,Jeevan Saathi 89,LIC SZO Chennai Product Presentation,BenefitsSurvival benefits:If one or both the lives survive to the maturity date, the sum assured, along with the accumulated bonus, is payable.Death Benefits:In case either of the couple dies during the

28、policys term, two things happen. One, LIC pays to the surviving spouse the full sum assured. And, two, the policy continues on the life of the surviving partner without him/her having to pay any further premiums, i.e. the life cover on the survivor continues free of cost.The sum assured is again be

29、payable on the death of the other partner in case both the husband and wife were to die during the term of the policy. Vested bonus would also be paid along with the sum assured on the second death.,Jeevan Saathi 89,LIC SZO Chennai Product Presentation,Plan Parameters Min Max Entry Age 20 nbd 50Sum

30、Assured 20000 No limitTerm 15 30Mode of Payment All modes Max Maturity Age 70 Years Policy loan available Yes,Jeevan Saathi 89,LIC SZO Chennai Product Presentation,Jeevan Saathi - Yield Chart,BASED ON BONUS/FAB DECLARED AS AT 31.03.2002,LIC SZO Chennai Product Presentation,FeaturesThe Marriage Endow

31、ment/ Educational annuity plan provides a sum assured to be kept aside for the expenses of marriage or higher education of the policyholders children.Premiums payable for selected term or till death of the life Assured. Benefits will be given only after the selected term.,Marriage Endowment & Educat

32、ional Annuity - 90,LIC SZO Chennai Product Presentation,Special FeaturesUnder this plan the policy monies and bonus are paid only at the end of the selected term, irrespective of whether the policy holder survives till the term or not, i.e. the survival or death benefit is payable at the same time.

33、In case the policy holder were to die during the term of the policy, no further premiums are payable but the bonus continues to accrue for the full-term of the policy. The sum assured, plus the accumulated bonus for the full term, are then paid to the family at the end of the policys term. Further,

34、one can opt to receive the money either in one lump sum, or in ten half-yearly installments. In case, the Double Accident Benefit is availed, then an additional sum equal to the basic Sum Assured becomes payable immediately on death due to accident during the policy term.,Marriage Endowment & Educat

35、ional Annuity - 90,LIC SZO Chennai Product Presentation,BenefitsSurvival benefits: (Sum Assured + Bonus) payable in lump sum (or)(Sum Assured + Bonus) payable in 10 half-yearly installments at the option of the life assured.Death Benefits:(Sum Assured + Bonus) payable in lump sum or in 10 half-yearl

36、y installments at the option of beneficiary at the end of the policy term.Accident: Accident benefit equivalent to basic sum assured would be available by paying appropriate additional premiums in that behalf. An amount equivalent to Sum Assured become payable immediately.,Marriage Endowment & Educa

37、tional Annuity - 90,LIC SZO Chennai Product Presentation,Plan Parameters Min MaxEntry Age 18 lbd 60Sum Assured 20000 No limitTerm 5 25Mode of Payment All modesMax Maturity Age 70 Years Policy loan available Yes,Marriage Endowment & Educational Annuity - 90,LIC SZO Chennai Product Presentation,Marria

38、ge Endowment & Educational Annuity - 90,BASED ON BONUS/FAB DECLARED AS AT 31.03.2002,LIC SZO Chennai Product Presentation,FeaturesIdeal for Farmers and Workers, since farmers have to depend on the vagaries of the climate while workers are subject to changes in trade cycles, depressions, strikes, lab

39、or disputes, etc.Provides full life insurance cover for 3 years even when the premiums are not paid. (This benefit is available after at least 2 years premiums are paid).Non-medical General up to Rs.50,000/- with declaration of age up to 40 without any extra premium.Non-medical Special is allowed up

40、 to Rs. 1,00,000/-.Accident benefit available without payment of any extra premium.,New Janaraksha 91,LIC SZO Chennai Product Presentation,Special FeaturesThe non-medical limit is exclusive to this policy. Double Accident benefit and Bonus is also granted. A special feature of the New Jana Raksha Po

41、licy is that it continues to provide full life insurance cover to the assured for three years, even when the premium payments are stopped due to certain reasons, provided that at least 2 years premiums have been received.,New Janaraksha 91,LIC SZO Chennai Product Presentation,BenefitsMaturity Benefi

42、t:Payment of Sum Assured + Accrued bonus.Death Benefits: Natural:Payment of Sum assured + Accrued bonus . Accident / Permanent Disability:Payment of double the Sum Assured + Accrued bonuses on the Sum Assured as defined on the policy document.,New Janaraksha 91,LIC SZO Chennai Product Presentation,P

43、lan Parameters Min MaxEntry Age 18 50Sum Assured 20000 750000 Term 12 30Mode of Payment All modesMax Maturity Age 70 Policy loan available Yes,New Janaraksha 91,LIC SZO Chennai Product Presentation,New Jana Raksha Yield Chart,BASED ON BONUS/FAB DECLARED AS AT 31.03.2002,LIC SZO Chennai Product Presentation,Special FeaturesThis policy provides the benefits of an Endowment Assurance policy and addi