india Insurance

Aam Aadmi Bima Yojna

Features Ministry of Finance, Government of India has approved the merger of Social Security Schemes viz., Aam Admi Bima Yojana (AABY) and Janashree Bima Yojana (JBY). The merged scheme is renamed “Aam Admi Bima Yojana” and has come into effect from 01.01.2013. A) DETAILS OF THE SCHEME : 1. Eligibility criteria : 1. The members should be aged …

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Insurance

New Jeevan Nidhi

LIC’s New Jeevan Nidhi Plan is a conventional with profits pension plan with a combination of protection and saving features. This plan provides for death cover during the deferment period and offers annuity on survival to the date of vesting. 1.Benefits: Benefit on Vesting: Provided the policy is in full force, on vesting an amount equal …

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