What is the benefit of New Bima Gold Plan 179?
Key Features of LIC’s New Bima Gold Plan.
| LIC’s New Bima Gold (Plan 179) – Benefit pattern | |
|---|---|
| Premium Paying Term | 12 Years |
| 4th Year | 15 % of Sum Assured |
| 8th Year | 15 % of Sum Assured |
| 12th Year | Total Premium Paid (excluding riders) + Loyalty Additions – Survival Benefits already paid |
What is the maturity amount of new Bima Gold Plan 179?
Key Features of LIC’s New Bima Gold (Plan 179). Maturity Benefit available at the end of the premium paying term. Extended insurance coverage equal to 50 % of Sum Assured shall be available even after maturity, for a period equal to half of the term of the plan.
Is Bima Gold money back policy?
LIC Bima Gold is a traditional money back policy which pays money back benefits at regular intervals. The policy, therefore, provides liquidity through money-back benefits which help you deal with your financial needs. The plan also pays loyalty additions which help in boosting the benefit that you receive.
What is new Bima Gold plan?
Since LIC New Bima Gold has been withdrawn recently, you can no longer buy the plan from LIC….Income Tax Benefit.
| Minimum | Maximum | |
|---|---|---|
| Entry Age of the Policy Tenure | 14 | 57 for term 12 years 51 for term 16 years 45 for term 20 years |
| Maturity age of policy | – | 75 |
| Payments Mode | Yearly, Half-yearly, quarterly and monthly |
What are the benefits of Bima Gold policy?
The LIC New Bima Gold Policy offers life cover during the policy’s term as well as during the extended term. There is also survival benefit, death benefit, accidental death and disability benefit, loan facility, and revival facility.
What is LIC survival benefit?
Survival Benefits: If the policyholder survives the policy term, the nominee will receive 20% of the Basic Sum Assured at the end of each of 5th, 10th & 15th policy year and 40% of Sum Assured in addition to accrued bonuses.
What are the benefits of Bima gold plan 179?
Key Features of LIC’s New Bima Gold (Plan 179). It is a money back plan where Survival Benefits are payable on every fourth year. Premium paying terms available are 12, 16 and 20 Years. Maturity Benefit available at the end of the premium paying term.
When does LIC New Bima gold 179 maturity end?
LIC new bima gold 179 maturity is a combination of money back plan and endowment plan. It is a plan, where premium is paid till the end of the maturity period, but the policy continues till the end of the extended term, which is half of the policy term.
What are the evacuation procedures for a tsunami?
Tsunami Procedures. If you are on the beach or other low-lying area close to the ocean or bay, immediately evacuate by walking to higher ground if: Officials issue a tsunami warning and order evacuations. You hear the Outdoor Warning System.
How are tsunami hazard maps used in California?
California Tsunami Hazard Area Maps and data are prepared to assist cities and counties in identifying their tsunami hazard for tsunami response planning. The maps and data are compiled with the best currently available scientific information and represent areas that could be exposed to tsunami hazards during a tsunami event.
