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Endowment Policy : New Endowment Plan ( T814 ) : LIC updated New Endowment Plan -T814 as per new guidelines of IRDA. The new plan included Service tax include of 3.09% and it is a combination of Endowment plus Term insurance.In New Endowment Plan if person lives till end of Term of the policy will be given Maturity Benefit which is SUM ASSURED + BONUS +FAB etc…If he dies
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Life insurance company ratings in India : Term Life Insurance Plans Term Insurance plans provide coverage for a defined time period with a fixed rate of payment.These are designed to secure your family’s financial needs in case of death or uncertainty, the death benefit is payable to the nominee If the insured expires during the term. If the insured survives then the coverage is not
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